Shares of Entegris, Inc. (NASDAQ:ENTG – Get Free Report) traded up 8.4% during mid-day trading on Thursday . The stock traded as high as $168.89 and last traded at $170.5640. 603,214 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 2,953,968 shares. The stock had previously closed at $157.34.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the company. Mizuho lifted their target price on Entegris from $175.00 to $180.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Citigroup reaffirmed a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Needham & Company LLC lifted their target price on Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Oppenheimer reaffirmed an “outperform” rating and issued a $160.00 target price on shares of Entegris in a report on Friday, May 1st. Finally, UBS Group lifted their target price on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $154.33.
View Our Latest Analysis on Entegris
Entegris Stock Up 12.2%
Entegris (NASDAQ:ENTG – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.11. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The company had revenue of $811.90 million for the quarter, compared to analysts’ expectations of $808.72 million. During the same period in the previous year, the firm posted $0.67 earnings per share. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, equities analysts predict that Entegris, Inc. will post 3.6 EPS for the current year.
Entegris Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s payout ratio is presently 23.12%.
Insider Activity at Entegris
In other Entegris news, SVP Joseph Colella sold 6,326 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $140.17, for a total transaction of $886,715.42. Following the completion of the transaction, the senior vice president owned 50,121 shares in the company, valued at $7,025,460.57. The trade was a 11.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Susan G. Rice sold 19,893 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $132.84, for a total value of $2,642,586.12. Following the transaction, the senior vice president owned 69,038 shares of the company’s stock, valued at $9,171,007.92. This trade represents a 22.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 107,867 shares of company stock valued at $15,215,629 over the last ninety days. 0.53% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the business. Empowered Funds LLC boosted its position in shares of Entegris by 9.2% during the first quarter. Empowered Funds LLC now owns 8,070 shares of the semiconductor company’s stock valued at $946,000 after buying an additional 683 shares during the period. Rathbones Group PLC purchased a new position in shares of Entegris during the first quarter valued at approximately $206,000. NewEdge Advisors LLC boosted its position in shares of Entegris by 540.0% during the first quarter. NewEdge Advisors LLC now owns 8,109 shares of the semiconductor company’s stock valued at $951,000 after buying an additional 6,842 shares during the period. Glenmede Trust Co. NA purchased a new position in shares of Entegris during the first quarter valued at approximately $223,000. Finally, Janus Henderson Group PLC boosted its position in shares of Entegris by 1.9% during the first quarter. Janus Henderson Group PLC now owns 446,888 shares of the semiconductor company’s stock valued at $52,393,000 after buying an additional 8,172 shares during the period.
Entegris Company Profile
Entegris, Inc is a leading provider of advanced materials and process control solutions for the semiconductor and other high-technology industries. The company develops and supplies a broad portfolio of products designed to ensure purity and reliability throughout the manufacturing process, helping customers address critical contamination and yield challenges.
Entegris’s product offerings include high-purity chemicals and specialty materials, liquid and gas filtration and purification systems, and sophisticated wafer and chip handling solutions.
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