CMC Materials Inc.
CMC Materials, Inc., together with its subsidiaries, provides consumable materials to semiconductor manufacturers, and pipeline and adjacent industry customers in North America, Asia, Europe, the Middle East, Africa, and South America. The company operates through two segments, Electronic Materials and Performance Materials. The Electronic Materials segment provides chemical mechanical planarization (CMP) are used for polishing various materials used in IC devices, including tungsten, dielectric materials, copper, tantalum, and aluminum; and various materials that are used in the production of disk substrates and magnetic heads for hard disk drives; and CMP pads which are used in conjunction with slurries in the CMP process. This segment also offers sulfuric, phosphoric, nitric, and hydrofluoric acids, as well as ammonium hydroxide, hydrogen peroxide, isopropyl alcohol, other specialty organic solvents, and various blends of chemicals. The Performance Materials segment engages in pipeline and industrial materials business; provides routine and emergency maintenance services; polymer-based drag-reducing agents for crude oil transmission; and valve greases, cleaners and sealants, and related services and equipment. This segment also offers precision polishing and metrology systems for advanced optics applications; and magneto-rheological polishing fluids, consumables, and spare and replacement parts, as well as optical polishing services and other customer support services. It also engages in the wood treatment business. The company was formerly known as Cabot Microelectronics Corporation and changed its name to CMC Materials, Inc. in October 2020. CMC Materials, Inc. was founded in 1999 and is headquartered in Aurora, Illinois.
IPO Year: 2000
Exchange: NASDAQ
Website: cmcmaterials.com
Recent Analyst Ratings for CMC Materials Inc.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/7/2022 | Buy → Neutral | CL King | |
| 2/4/2022 | $155.00 → $197.00 | Buy → Neutral | Mizuho |
| 12/17/2021 | $130.00 → $200.00 | Sell → Neutral | Citigroup |
| 12/16/2021 | Buy → Neutral | Seaport Global | |
| 11/15/2021 | $149.00 → $192.00 | Neutral → Buy | Goldman |
| 11/12/2021 | $152.00 → $155.00 | Buy | Mizuho |
| 10/13/2021 | $152.00 | Buy | Mizuho |
CMC Materials Inc. Press Releases
Fastest customizable press release news feed in the world
Broadwind Files Definitive Proxy Statement and Sends Letter to Shareholders
CICERO, Ill., April 10, 2023 (GLOBE NEWSWIRE) -- Broadwind, Inc. (NASDAQ:BWEN, or the "Company"))), a diversified precision manufacturer of specialized components and solutions serving global markets, filed its definitive proxy statement with the U.S. Securities and Exchange Commission (the "SEC") in connection with its 2023 annual meeting of stockholders (the "2023 Annual Meeting"), which is scheduled to be held on May 23, 2023 (the "2023 Annual Meeting"). The Company has also sent a letter to shareholders. The full text of the letter follows. April 10, 2023 Dear Fellow Shareholder, Thank you for your investment in Broadwind, Inc. ("Broadwind"). Over the past year, Broadwind took deci
Broadwind Names Jeanette Press to Board of Directors
CICERO, Ill., March 27, 2023 (GLOBE NEWSWIRE) -- Broadwind, Inc. (NASDAQ:BWEN, or the "Company"))), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced the appointment of Ms. Jeanette A. Press to its Board of Directors (the "Board"), effective March 22, 2023. With the appointment of Ms. Press, the Board returned its size to seven members, six of whom are independent. Ms. Press will serve as a member of the Board effective immediately, and the Board has determined to nominate Ms. Press for re-election as a director at the 2023 annual meeting of stockholders (the "2023 Annual Meeting"). She will also serve as a member of both
Rogers Announces Agreement with Starboard Value
Two Highly Qualified Independent Directors Have Joined the Board Rogers Continues to Build Strong Momentum for Business with Support of Shareholders Rogers Corporation (NYSE:ROG) ("Rogers" or the "Company") today announced that it has entered into an agreement (the "Agreement") with Starboard Value LP (together, with certain of its affiliates "Starboard") regarding the composition of Rogers' Board of Directors (the "Board'), among other things. Starboard is an investment firm that owns approximately 6.5% of Rogers' outstanding common stock. Under the terms of the Agreement, Rogers has appointed to the Board Anne K. Roby, former Executive Vice President at Linde plc., and Armand F. Lauzon
Entegris Completes Acquisition of CMC Materials, Solidifying Position as the Global Leader in Electronic Materials
Entegris, Inc. (NASDAQ:ENTG) today announced that it has completed its acquisition of CMC Materials, Inc. (NASDAQ:CCMP). "It is an exciting day at Entegris. With the closing of the acquisition of CMC Materials, we are creating the global leader in electronic materials," said Bertrand Loy, president and chief executive officer of Entegris. "We are better positioned than ever to address our customers' most demanding process challenges and support their ambitious technology roadmaps, while achieving a faster time-to-solution. The addition of CMC Materials further differentiates our unit-driven platform and will allow us to unlock significant growth through enhanced innovation, scale and execu
Omnicell, Southwestern Energy and Ormat Technologies Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600
NEW YORK, June 28, 2022 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices: S&P SmallCap 600 constituent Omnicell Inc (NASD: OMCL) will replace Coherent Inc. (NASD: COHR) in the S&P MidCap 400, and Stride Inc (NYSE:LRN) will replace Omnicell in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, July 5. S&P MidCap 400 constituent II-VI Inc. (NASD: IIVI) is acquiring Coherent in a deal expected to be completed on July 1, pending final closing conditions.S&P SmallCap 600 constituent Southwestern Energy Co. (NYSE:SWN) will replace CDK Global Inc. (NASD:CDK) in the S&P MidCap 400, and Frontdo
Entegris and CMC Materials Receive China Antitrust Clearance for Pending Acquisition
Transaction Expected to Close on July 6, 2022 Entegris, Inc. (NASDAQ:ENTG) and CMC Materials, Inc. (NASDAQ:CCMP) today announced that China's State Administration for Market Regulation has given antitrust clearance for Entegris' previously announced acquisition of CMC Materials. The transaction has now received all required regulatory clearances. Entegris and CMC Materials anticipate that the transaction will close on or about July 6, 2022, subject to the satisfaction of the remaining customary closing conditions. The parties announced their agreement for Entegris to acquire CMC Materials in a cash and stock transaction on December 15, 2021. The transaction brings together two highly comp
CMC Materials Reports Record Revenue for the Second Quarter of Fiscal 2022
Record Company Revenue of $324.1 Million, 11.6% Higher than Last Year and 2.2% Higher Sequentially Electronic Materials Segment Revenue of $274.5 Million, 13.2% Higher than Last Year and 2.6% Higher SequentiallyNet Income of $34.6 Million; Adjusted Net Income of $56.4 Million, 11.1% Higher Than Last YearAdjusted EBITDA of $96.3 Million, 13.6% Higher Than Last Year AURORA, Ill., May 04, 2022 (GLOBE NEWSWIRE) -- CMC Materials, Inc. (NASDAQ:CCMP), a leading global supplier of consumable materials primarily to semiconductor manufacturers, today reported financial results for its second quarter of fiscal 2022, which ended March 31, 2022. "We are very pleased to report strong results for our s
TRICORBRAUN APPOINTS SENIOR LEADERSHIP ROLES
Scott Beamer Named CFO; Declan McCarthy Appointed President, TricorBraun Europe ST. LOUIS, May 2, 2022 /PRNewswire/ -- Global packaging leader TricorBraun has named Scott Beamer Chief Financial Officer, effective immediately. He succeeds Declan McCarthy, who has been appointed President, TricorBraun Europe. Both report to President and CEO Court Carruthers. "Scott's background and accomplishments with growing, global organizations make him an ideal fit for TricorBraun," said Carruthers. "Our entire team is thrilled to welcome Scott, and we look forward to his contributions as
CMC Materials to Release Financial Results for Second Quarter Fiscal Year 2022 After Market Close on May 4, 2022
Aurora, IL, April 14, 2022 (GLOBE NEWSWIRE) -- CMC Materials (NASDAQ:CCMP), a leading global supplier of consumable materials primarily to semiconductor manufacturers, announced the timing of its earnings release for the second quarter of fiscal year 2022, which ended March 31, 2022. The second quarter earnings release will be available in the Investor Relations section of the company's website, cmcmaterials.com after market close on Wednesday, May 4, 2022. In light of the pending transaction with Entegris, Inc., the company has opted not to conduct a conference call to discuss its financial results. ABOUT CMC MATERIALS, INC. CMC Materials, Inc., headquartered in Aurora, Illinois,
CMC Materials Declares Quarterly Cash Dividend
Aurora, IL, March 09, 2022 (GLOBE NEWSWIRE) -- CMC Materials, Inc. (NASDAQ:CCMP) today announced that its Board of Directors has declared a quarterly cash dividend of $0.46 per share on the company's common stock. The dividend will be payable on or about April 22, 2022 to shareholders of record at the close of business on March 23, 2022. ABOUT CMC MATERIALS, INC. CMC Materials, Inc., headquartered in Aurora, Illinois, is a leading global supplier of consumable materials primarily to semiconductor manufacturers. The company's products play a critical role in the production of advanced semiconductor devices, helping to enable the manufacture of smaller, faster and more complex devices by
CMC Materials Inc. Analyst Ratings
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
CMC Materials downgraded by CL King
CL King downgraded CMC Materials from Buy to Neutral
CMC Materials downgraded by Mizuho with a new price target
Mizuho downgraded CMC Materials from Buy to Neutral and set a new price target of $197.00 from $155.00 previously
CMC Materials upgraded by Citigroup with a new price target
Citigroup upgraded CMC Materials from Sell to Neutral and set a new price target of $200.00 from $130.00 previously
CMC Materials downgraded by Seaport Global
Seaport Global downgraded CMC Materials from Buy to Neutral
CMC Materials upgraded by Goldman with a new price target
Goldman upgraded CMC Materials from Neutral to Buy and set a new price target of $192.00 from $149.00 previously
Mizuho reiterated coverage on CMC Materials with a new price target
Mizuho reiterated coverage of CMC Materials with a rating of Buy and set a new price target of $155.00 from $152.00 previously
Mizuho initiated coverage on CMC Materials with a new price target
Mizuho initiated coverage of CMC Materials with a rating of Buy and set a new price target of $152.00
Wolfe Research initiated coverage on CMC Materials
Wolfe Research initiated coverage of CMC Materials with a rating of Underperform
CMC Materials upgraded by Berenberg with a new price target
Berenberg upgraded CMC Materials from Hold to Buy and set a new price target of $180.00 from $175.00 previously
CMC Materials upgraded by Seaport Global with a new price target
Seaport Global upgraded CMC Materials from Neutral to Buy and set a new price target of $180.00
CMC Materials Inc. Insider Trading
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
SEC Form 4: Wild Geoffrey returned 12,047 shares to the company, closing all direct ownership in the company
4 - CMC Materials, Inc. (0001102934) (Issuer)
SEC Form 4: Reilly Paul J returned 6,647 shares to the company, closing all direct ownership in the company
4 - CMC Materials, Inc. (0001102934) (Issuer)
SEC Form 4: Whitney Susan M returned 8,717 shares to the company, closing all direct ownership in the company
4 - CMC Materials, Inc. (0001102934) (Issuer)
SEC Form 4: Roby Anne K returned 1,897 shares to the company, closing all direct ownership in the company
4 - CMC Materials, Inc. (0001102934) (Issuer)
SEC Form 4: Noglows William P returned 66,072 shares to the company, closing all direct ownership in the company
4 - CMC Materials, Inc. (0001102934) (Issuer)
SEC Form 4: Klein Barbara A returned 24,988 shares to the company, closing all direct ownership in the company
4 - CMC Materials, Inc. (0001102934) (Issuer)
SEC Form 4: Hill Richard returned 8,297 shares to the company, closing all direct ownership in the company
4 - CMC Materials, Inc. (0001102934) (Issuer)
SEC Form 4: Woodland Daniel D. returned 25,403 shares to the company and was granted 14,827 shares, closing all direct ownership in the company
4 - CMC Materials, Inc. (0001102934) (Issuer)
SEC Form 4: Thorp Eleanor Kate was granted 8,773 shares and returned 16,004 shares to the company, closing all direct ownership in the company
4 - CMC Materials, Inc. (0001102934) (Issuer)
SEC Form 4: Press Jeanette A. returned 5,351 shares to the company and was granted 2,904 shares, closing all direct ownership in the company
4 - CMC Materials, Inc. (0001102934) (Issuer)
CMC Materials Inc. SEC Filings
SEC Form 15-12G filed by CMC Materials Inc.
15-12G - CMC Materials, Inc. (0001102934) (Filer)
CMC Materials Inc. filed SEC Form 8-K: Termination of a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Material Modification to Rights of Security Holders, Changes in Control of Registrant, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Leadership Update, Financial Statements and Exhibits
8-K - CMC Materials, Inc. (0001102934) (Filer)
SEC Form S-8 POS filed by CMC Materials Inc.
S-8 POS - CMC Materials, Inc. (0001102934) (Filer)
SEC Form S-8 POS filed by CMC Materials Inc.
S-8 POS - CMC Materials, Inc. (0001102934) (Filer)
SEC Form S-8 POS filed by CMC Materials Inc.
S-8 POS - CMC Materials, Inc. (0001102934) (Filer)
SEC Form S-8 POS filed by CMC Materials Inc.
S-8 POS - CMC Materials, Inc. (0001102934) (Filer)
SEC Form S-8 POS filed by CMC Materials Inc.
S-8 POS - CMC Materials, Inc. (0001102934) (Filer)
SEC Form S-8 POS filed by CMC Materials Inc.
S-8 POS - CMC Materials, Inc. (0001102934) (Filer)
SEC Form S-8 POS filed by CMC Materials Inc.
S-8 POS - CMC Materials, Inc. (0001102934) (Filer)
SEC Form S-8 POS filed by CMC Materials Inc.
S-8 POS - CMC Materials, Inc. (0001102934) (Filer)
CMC Materials Inc. Leadership Updates
Live Leadership Updates
Broadwind Names Jeanette Press to Board of Directors
CICERO, Ill., March 27, 2023 (GLOBE NEWSWIRE) -- Broadwind, Inc. (NASDAQ:BWEN, or the "Company"))), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced the appointment of Ms. Jeanette A. Press to its Board of Directors (the "Board"), effective March 22, 2023. With the appointment of Ms. Press, the Board returned its size to seven members, six of whom are independent. Ms. Press will serve as a member of the Board effective immediately, and the Board has determined to nominate Ms. Press for re-election as a director at the 2023 annual meeting of stockholders (the "2023 Annual Meeting"). She will also serve as a member of both
TRICORBRAUN APPOINTS SENIOR LEADERSHIP ROLES
Scott Beamer Named CFO; Declan McCarthy Appointed President, TricorBraun Europe ST. LOUIS, May 2, 2022 /PRNewswire/ -- Global packaging leader TricorBraun has named Scott Beamer Chief Financial Officer, effective immediately. He succeeds Declan McCarthy, who has been appointed President, TricorBraun Europe. Both report to President and CEO Court Carruthers. "Scott's background and accomplishments with growing, global organizations make him an ideal fit for TricorBraun," said Carruthers. "Our entire team is thrilled to welcome Scott, and we look forward to his contributions as
CMC Materials Inc. Financials
Live finance-specific insights
Entegris Completes Acquisition of CMC Materials, Solidifying Position as the Global Leader in Electronic Materials
Entegris, Inc. (NASDAQ:ENTG) today announced that it has completed its acquisition of CMC Materials, Inc. (NASDAQ:CCMP). "It is an exciting day at Entegris. With the closing of the acquisition of CMC Materials, we are creating the global leader in electronic materials," said Bertrand Loy, president and chief executive officer of Entegris. "We are better positioned than ever to address our customers' most demanding process challenges and support their ambitious technology roadmaps, while achieving a faster time-to-solution. The addition of CMC Materials further differentiates our unit-driven platform and will allow us to unlock significant growth through enhanced innovation, scale and execu
Entegris and CMC Materials Receive China Antitrust Clearance for Pending Acquisition
Transaction Expected to Close on July 6, 2022 Entegris, Inc. (NASDAQ:ENTG) and CMC Materials, Inc. (NASDAQ:CCMP) today announced that China's State Administration for Market Regulation has given antitrust clearance for Entegris' previously announced acquisition of CMC Materials. The transaction has now received all required regulatory clearances. Entegris and CMC Materials anticipate that the transaction will close on or about July 6, 2022, subject to the satisfaction of the remaining customary closing conditions. The parties announced their agreement for Entegris to acquire CMC Materials in a cash and stock transaction on December 15, 2021. The transaction brings together two highly comp
CMC Materials Reports Record Revenue for the Second Quarter of Fiscal 2022
Record Company Revenue of $324.1 Million, 11.6% Higher than Last Year and 2.2% Higher Sequentially Electronic Materials Segment Revenue of $274.5 Million, 13.2% Higher than Last Year and 2.6% Higher SequentiallyNet Income of $34.6 Million; Adjusted Net Income of $56.4 Million, 11.1% Higher Than Last YearAdjusted EBITDA of $96.3 Million, 13.6% Higher Than Last Year AURORA, Ill., May 04, 2022 (GLOBE NEWSWIRE) -- CMC Materials, Inc. (NASDAQ:CCMP), a leading global supplier of consumable materials primarily to semiconductor manufacturers, today reported financial results for its second quarter of fiscal 2022, which ended March 31, 2022. "We are very pleased to report strong results for our s
CMC Materials to Release Financial Results for Second Quarter Fiscal Year 2022 After Market Close on May 4, 2022
Aurora, IL, April 14, 2022 (GLOBE NEWSWIRE) -- CMC Materials (NASDAQ:CCMP), a leading global supplier of consumable materials primarily to semiconductor manufacturers, announced the timing of its earnings release for the second quarter of fiscal year 2022, which ended March 31, 2022. The second quarter earnings release will be available in the Investor Relations section of the company's website, cmcmaterials.com after market close on Wednesday, May 4, 2022. In light of the pending transaction with Entegris, Inc., the company has opted not to conduct a conference call to discuss its financial results. ABOUT CMC MATERIALS, INC. CMC Materials, Inc., headquartered in Aurora, Illinois,
CMC Materials Declares Quarterly Cash Dividend
Aurora, IL, March 09, 2022 (GLOBE NEWSWIRE) -- CMC Materials, Inc. (NASDAQ:CCMP) today announced that its Board of Directors has declared a quarterly cash dividend of $0.46 per share on the company's common stock. The dividend will be payable on or about April 22, 2022 to shareholders of record at the close of business on March 23, 2022. ABOUT CMC MATERIALS, INC. CMC Materials, Inc., headquartered in Aurora, Illinois, is a leading global supplier of consumable materials primarily to semiconductor manufacturers. The company's products play a critical role in the production of advanced semiconductor devices, helping to enable the manufacture of smaller, faster and more complex devices by
CMC Materials Announces Favorable Conclusion in Patent Dispute with DuPont
Aurora, IL, Feb. 15, 2022 (GLOBE NEWSWIRE) -- CMC Materials, Inc. (NASDAQ:CCMP) ("CMC"), a leading global supplier of consumable materials primarily to semiconductor manufacturers, today announced the conclusion of United States Presidential review, thereby affirming the Company's favorable Final Determination in its International Trade Commission ("ITC") case against DuPont de Nemours, Inc. and several DuPont subsidiaries (collectively, "DuPont"). As announced in December, the ITC found DuPont is unlawfully importing, selling, and marketing in the United States certain chemical mechanical planarization ("CMP") slurries and components thereof that infringe a patent owned by CMC that is fu
CMC Materials Reports Results for the First Quarter of Fiscal 2022
Record Company Revenue of $317.0 Million, 10.1% Higher than Last Year and 1.6% Higher Sequentially Electronic Materials Segment Revenue of $267.7 Million, 13.0% Higher than Last Year and 5.3% Higher Sequentially AURORA, Ill., Feb. 02, 2022 (GLOBE NEWSWIRE) -- CMC Materials, Inc. (NASDAQ:CCMP), a leading global supplier of consumable materials primarily to semiconductor manufacturers, today reported financial results for its first quarter of fiscal 2022, which ended December 31, 2021. "I am proud of the CMC Materials team for delivering our fifth consecutive quarter of record revenue," said David Li, President and CEO of CMC Materials. "Strong growth in our Electronic Materials segment w
CMC Materials to Release Financial Results for First Quarter Fiscal Year 2022 After Market Close on February 2, 2022
Aurora, IL, Jan. 13, 2022 (GLOBE NEWSWIRE) -- CMC Materials (NASDAQ:CCMP), a leading global supplier of consumable materials primarily to semiconductor manufacturers, announced the timing of its earnings release for the first quarter of fiscal year 2022, which ended December 31, 2021. The first quarter earnings release will be available in the Investor Relations section of the company's website, cmcmaterials.com after market close on Wednesday, February 2, 2022. In light of the pending transaction with Entegris, Inc., the company has opted not to conduct a conference call to discuss its financial results. ABOUT CMC MATERIALS, INC. CMC Materials, Inc., headquartered
CMC Materials Wins Favorable ITC Final Determination Finding a Violation By DuPont and Issuing Order Excluding DuPont's Infringing CMP Slurries from U.S.
Aurora, IL, Dec. 16, 2021 (GLOBE NEWSWIRE) -- CMC Materials, Inc. (NASDAQ:CCMP) ("CMC"), a leading global supplier of consumable materials primarily to semiconductor manufacturers, today announced that the company won a resounding legal victory in its United States International Trade Commission (ITC) case against DuPont de Nemours, Inc. and several DuPont subsidiaries (collectively, "DuPont"). The ITC issued a Final Determination that found that DuPont is unlawfully importing, selling, and marketing in the United States certain chemical mechanical planarization ("CMP") slurries and components thereof that infringe a patent owned by CMC that is fundamental to advanced dielectric CMP slurri
Entegris to Acquire CMC Materials to Create a Leader in Electronic Materials
Adds Leading CMP Products and Technology to Entegris' World-Class Solutions Set, Creating a Comprehensive Electronic Materials Platform Highly Complementary Combined Portfolio Expands Served Markets and Content per Wafer Opportunity Opportunity to Unlock Growth and Profitability through Enhanced Innovation, Scale, Execution and Revenue Synergies Expected to be Significantly Accretive to Non-GAAP EPS in Year 1; Generates $75 Million in Run-Rate Cost Synergies and $40 Million of CapEx Synergies within 12-18 Months from Closing Entegris and CMC Materials to Host Conference Call Today at 8:00 a.m. EST Entegris, Inc. (NASDAQ:ENTG) and CMC Materials, Inc. (NASDAQ:CCMP) today announced a defi
CMC Materials Inc. Large Ownership Changes
This live feed shows all institutional transactions in real time.
SEC Form SC 13G/A filed by CMC Materials Inc. (Amendment)
SC 13G/A - CMC Materials, Inc. (0001102934) (Subject)
SEC Form SC 13G/A filed by CMC Materials Inc. (Amendment)
SC 13G/A - CMC Materials, Inc. (0001102934) (Subject)
SEC Form SC 13G/A filed by CMC Materials Inc. (Amendment)
SC 13G/A - CMC Materials, Inc. (0001102934) (Subject)
SEC Form SC 13G/A filed by CMC Materials Inc. (Amendment)
SC 13G/A - CMC Materials, Inc. (0001102934) (Subject)
SEC Form SC 13G/A filed by CMC Materials Inc. (Amendment)
SC 13G/A - CMC Materials, Inc. (0001102934) (Subject)
SEC Form SC 13G/A filed by Cabot Microelectronics Corporation (Amendment)
SC 13G/A - CMC Materials, Inc. (0001102934) (Subject)
SEC Form SC 13G/A filed
SC 13G/A - CMC Materials, Inc. (0001102934) (Subject)
SEC Form SC 13G/A filed
SC 13G/A - CMC Materials, Inc. (0001102934) (Subject)