ENTG.NASDAQEntegris INC

SCHEDULE 13G/A: BlackRock Amends Entegris, Inc. Stake, Disclosing 11.7% Beneficial Ownership

Sentiment:

Beneficial Ownership Disclosure


BlackRock, Inc. has filed an amendment to its Schedule 13G, revealing an 11.7% beneficial ownership stake in Entegris, Inc. as of March 31, 2025.

Summary

  • BlackRock, Inc. filed Amendment No. 4 to Schedule 13G regarding its beneficial ownership in Entegris, Inc.
  • As of March 31, 2025, BlackRock, Inc. beneficially owns an aggregate of 17,636,152 shares of Entegris, Inc. common stock.
  • This represents 11.7% of the class of Entegris, Inc. common stock outstanding.
  • BlackRock holds sole voting power over 16,893,156 shares and sole dispositive power over 17,636,152 shares.
  • The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Entegris, Inc.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would significantly alter the perceived sentiment towards the issuer, Entegris, Inc. It is a neutral, compliance-driven filing.

Positives

  • BlackRock, a major institutional investor, holds a significant 11.7% stake in Entegris, Inc., which may be viewed as a vote of confidence in the company.
  • The filing indicates that BlackRock's holding is for investment purposes in the ordinary course of business, not for control, suggesting stability in the ownership structure.

Future Outlook

The document, a Schedule 13G amendment, focuses solely on BlackRock, Inc.'s current beneficial ownership stake in Entegris, Inc. and does not provide any forward-looking statements or guidance regarding Entegris, Inc.'s future performance or strategic direction.

Management Comments

  • "The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."

Industry Context

This filing reflects a routine disclosure by a major institutional asset manager, BlackRock, Inc., regarding its passive investment in Entegris, Inc., a company operating in the semiconductor materials and specialty chemicals industry. Such filings are common for large investment firms managing diverse portfolios and typically do not indicate specific industry trends beyond the general investment activity in the sector.

Stakeholder Impact

  • Shareholders: The disclosure of a significant stake by a major institutional investor like BlackRock could be perceived positively by other shareholders, potentially signaling confidence in Entegris, Inc.
  • Employees, Customers, Suppliers, Creditors: The filing itself has no direct or immediate impact on these stakeholders, as it pertains to passive ownership rather than operational or strategic changes.

Key Dates

DateDescription
2023-04-30Date of previous Power of Attorney revoked by the new one.
2025-01-21Date of the new Power of Attorney.
2025-03-31Date of event which requires filing of this statement (measurement date for ownership).
2025-04-23Date of filing of this Schedule 13G Amendment No. 4.

Keywords

Entegris Inc., BlackRock Inc., Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Ownership Stake, Investment Management

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