ENTG.NASDAQEntegris INC

SCHEDULE 13G/A: T. Rowe Price Associates Discloses 10.1% Stake in Entegris Inc.

Sentiment:

Beneficial Ownership Disclosure


T. Rowe Price Associates, Inc. has filed an amended Schedule 13G, reporting a 10.1% beneficial ownership stake in Entegris Inc. as of May 31, 2025.

Summary

  • T. Rowe Price Associates, Inc. reported beneficial ownership of 15,243,899 shares of Entegris Inc. common stock.
  • This ownership represents 10.1% of the total class of Entegris Inc. securities.
  • T. Rowe Price holds sole voting power over 14,259,194 shares.
  • T. Rowe Price holds sole dispositive power over 15,243,584 shares.
  • The filing is an Amendment No. 4, indicating an update to a previously disclosed significant ownership position.
  • The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Entegris Inc.

Sentiment

Score: 7

Explanation: The filing indicates a significant, non-activist institutional stake by a reputable asset manager, suggesting confidence in the issuer. While it doesn't provide operational or financial details, the presence of a large, stable institutional investor is generally a positive signal for the company's stability and perceived value.

Positives

  • The significant institutional investment from T. Rowe Price Associates, Inc., a major asset manager, indicates confidence in Entegris Inc.'s long-term prospects.
  • A 10.1% holding suggests a substantial and potentially stable investment from a reputable firm.

Negatives

  • The Schedule 13G filing itself does not contain negative information regarding Entegris Inc.'s operations or financial performance.

Risks

  • The document does not detail specific operational or financial risks related to Entegris Inc. It primarily focuses on the beneficial ownership disclosure by T. Rowe Price Associates, Inc.

Management Comments

  • "T. Rowe Price Associates, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Associates is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied."
  • "By signing below I certify that, to the best of my knowledge and belief, 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 routine institutional investment activity within the U.S. equity markets. Entegris Inc. operates in the advanced materials and specialty chemicals sector, primarily serving the semiconductor industry. Large institutional holdings, such as that by T. Rowe Price, are common for established companies in this technology-dependent industry, indicating investor confidence in the sector's long-term growth drivers.

Stakeholder Impact

  • Shareholders: The disclosure of a significant stake by a major institutional investor like T. Rowe Price may instill greater confidence among existing and potential shareholders, signaling a professional endorsement of the company's value.

Key Dates

DateDescription
05/31/2025Date of event which requires filing of this statement (beneficial ownership threshold met or changed)
06/06/2025Date of signing of the Schedule 13G Amendment No. 4 by T. Rowe Price Associates, Inc.

Keywords

Entegris Inc, T. Rowe Price Associates, Schedule 13G, Institutional Ownership, Common Stock, Investment Adviser, SEC Filing, Beneficial Ownership, Semiconductor Materials

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