Entegris shareholders approve board nominees and executive compensation

WILMINGTON, MA – Entegris, Inc. (NASDAQ:ENTG), an $11 billion market cap leader in specialty chemicals and advanced materials solutions for the microelectronics industry, announced the results of its 2025 Annual Meeting of Stockholders held today. According to InvestingPro data, the company has seen challenging market conditions, with shares down nearly 33% over the past six months, though analysts maintain a bullish outlook with a consensus "Buy" recommendation. The meeting saw a high turnout with over 93% of eligible shares represented, signaling strong shareholder engagement.

The stockholders voted to elect eight directors to the company’s board, all of whom will serve until the next annual meeting in 2026. The elected directors include Rodney Clark, James F. Gentilcore, Yvette Kanouff, James P. Lederer, Bertrand Loy, Mary Puma (OTC:PMMAF), David Reeder, and Dr. Azita Saleki-Gerhardt. These individuals bring a wealth of experience across various industries, aiming to steer Entegris toward sustained growth. The company maintains strong financial health with a current ratio of 3.08, indicating robust liquidity to meet short-term obligations.

In addition to the board elections, shareholders approved, on an advisory basis, the company’s executive compensation plan. This non-binding vote reflects the stockholders’ support for the company’s approach to compensating its executives.

Furthermore, the appointment of KPMG LLP as the company’s independent registered public accounting firm for the fiscal year 2025 was ratified with an overwhelming majority. This decision underscores the confidence the shareholders have in KPMG LLP’s ability to audit the company’s financial statements.

A stockholder proposal regarding the adoption of simple majority voting was also put forward during the meeting. The proposal received significant support, indicating a preference among shareholders for a more straightforward voting standard for corporate decisions.

Today’s voting outcomes are based on the definitive proxy statement filed with the U.S. Securities and Exchange Commission on March 17, 2025. The results of the Annual Meeting reflect the stockholders’ active participation in the governance of Entegris and their alignment with the company’s strategic direction. With annual revenue of $3.24 billion and strong profitability metrics, InvestingPro analysis reveals 8 additional key investment insights and a comprehensive Pro Research Report, available to subscribers, that could help investors make more informed decisions about this semiconductor industry player.

This report is based on a press release statement and provides a snapshot of Entegris’ corporate governance and shareholder relations as of April 23, 2025.

In other recent news, Entegris reported fourth-quarter results that surpassed analyst expectations, with adjusted earnings per share (EPS) of $0.84 against the estimated $0.79, and revenue reaching $849.84 million, exceeding the anticipated $828.02 million. However, the company provided guidance for the first quarter of 2025 below consensus estimates, projecting adjusted EPS between $0.64 and $0.71, and revenue between $775 million and $805 million. This guidance was below the analyst consensus of $0.78 EPS and $795.4 million in revenue. Additionally, Entegris will soon join the S&P MidCap 400 index, replacing Arcadium Lithium due to its acquisition by Rio Tinto (NYSE:RIO).

KeyBanc Capital Markets recently adjusted its price target for Entegris from $150 to $141, maintaining an Overweight rating, while BMO Capital Markets lowered its target from $135 to $131 but reiterated an Outperform rating. Both firms cited Entegris’s growth potential, despite short-term challenges. Meanwhile, Citi raised its price target from $123 to $125, maintaining a Buy rating, following stronger-than-expected December quarter results but acknowledging lower guidance for the March quarter. Entegris is expected to outperform the market through 2025, driven by node transitions and advanced packaging growth, according to Citi’s analysis.

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