Lone Pine Capital 13F: Adds $11M to Entegris (ENTG) Stake

Lone Pine Capital Raises Entegris Position

Lone Pine Capital filed its latest Form 13F with the SEC covering holdings through May 15, 2026, revealing a higher bet on Entegris, Inc. ENTG. The fund added 60,824 shares during the period, giving it a 1.9% increase over its previous count. That brought the total position to 3,115,054 shares. Based on market prices, the stake carried a value of about $555.5 million at the end of the reporting period. Because 13F filings look backward at prior quarters, this report reflects positions held as of May 15, 2026, and may not represent the fund's current trades.

Entegris Stock Price Action and Recent Gains

Entegris shares trade near $178.32, reflecting a strong run that has lifted the stock well past its 50-day moving average of $138.50 and its 200-day moving average of $129.29. The semiconductor equipment maker has seen its shares move between a 52-week low of $67.97 and a 52-week high of $186.94. This upward push brings the company's market capitalization to roughly $21.87 billion. The stock trades with a forward P/E ratio of 28.53 based on expected earnings, while its trailing P/E sits at 71.21.

Recent Analyst Ratings and Coverage

Wall Street firms have kept a close eye on the company through the autumn months, issuing fresh price targets and ratings. On October 14, 2026, Truist Securities initiated coverage on the stock with a Buy rating and a $190.00 price target. Barclays also initiated coverage on October 13, 2026, setting an Overweight rating and a $212.00 price target. Stifel joined in on October 8, 2026, by starting coverage with a Buy rating and a $200.00 target. Earlier in the year, Deutsche Bank upgraded the stock to a Buy with a $200.00 target on August 12, 2026, raising it from a prior Hold rating of $155.00. UBS maintained its Buy rating on August 5, 2026, lifting its target to $215.00 from $205.00.

Inside Entegris Operations

Entegris provides advanced materials and process solutions for the semiconductor and other high-technology industries through its operations in Billerica, Massachusetts. The company operates through two main segments, offering specialized chemicals, cleaning materials, and contamination control solutions to major chipmakers and tech manufacturers worldwide. Its advanced filtration and purification products are critical for manufacturing logic and memory semiconductor devices.

Looking Ahead for Entegris

Investors tracking Lone Pine Capital's move will note that the company's next earnings report is scheduled for November 4, 2026, which will provide fresh data on revenue, margins, and operational progress. Institutional filings offer a window into past portfolio adjustments, but they do not serve as an indicator of current or future buying and selling activity.