Allstate Corp Buys New Shares in Entegris, Inc. $ENTG

Core Insights - Entegris has seen significant changes in institutional investor positions, with ORG Wealth Partners LLC increasing its stake by 862.1% in Q3, now holding 279 shares valued at $26,000 after acquiring 250 additional shares [1] - Analysts have mixed ratings on Entegris, with BMO Capital Markets raising the price target from $105.00 to $126.00 and giving an "outperform" rating, while Goldman Sachs lowered its rating from "neutral" to "sell" with a price target reduction from $88.00 to $75.00 [2] - Entegris reported earnings of $0.72 per share for the last quarter, meeting consensus estimates, with revenue of $807.10 million, slightly above analyst expectations [4] Institutional Investment - ORG Wealth Partners LLC increased its position by 862.1% in Q3, now owning 279 shares worth $26,000 [1] - Alpine Bank Wealth Management raised its stake by 73.7% in Q2, now holding 311 shares valued at $25,000 [1] - New stakes were acquired by Twin Peaks Wealth Advisors LLC, Quent Capital LLC, and Tripletail Wealth Management LLC, with values of approximately $25,000, $34,000, and $49,000 respectively [1][7] Analyst Ratings - BMO Capital Markets increased the price target to $126.00 and rated the stock "outperform" [2] - Zacks Research upgraded the stock from "strong sell" to "hold" [2] - Goldman Sachs downgraded the stock from "neutral" to "sell" with a new price target of $75.00 [2] - Needham & Company LLC maintained a "strong-buy" rating [2] - KeyCorp raised its price objective to $111.00 and rated the stock "overweight" [2] Stock Performance - Entegris opened at $114.71, with a market capitalization of $17.39 billion and a price-to-earnings ratio of 60.69 [3] - The stock has a 52-week low of $60.75 and a high of $122.43 [3] - The company has a quick ratio of 2.13 and a current ratio of 3.44, indicating strong liquidity [3] Earnings Report - Entegris reported $0.72 EPS for the quarter, matching consensus estimates, with a net margin of 8.95% [4] - Revenue for the quarter was $807.10 million, slightly above the expected $804.63 million, but down 0.1% year-over-year [4] - Guidance for Q4 2025 is set at EPS between $0.620 and $0.690 [4] Dividend Information - Entegris announced a quarterly dividend of $0.10 per share, with an annualized dividend of $0.40 and a yield of 0.3% [5] - The payout ratio stands at 21.16% [5] Insider Transactions - Insider Bertrand Loy sold 57,570 shares at an average price of $76.88, totaling approximately $4.43 million, reducing his position by 15.84% [6] - SVP Joseph Colella sold 3,577 shares at an average price of $88.41, totaling approximately $316,243 [6]