Entegris (NASDAQ:ENTG) Trading Down 8.9% – Here’s What Happened

Entegris, Inc. (NASDAQ:ENTG)’s share price traded down 8.9% during mid-day trading on Thursday . The stock traded as low as $152.55 and last traded at $150.5040. Approximately 654,308 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 3,050,141 shares. The stock had previously closed at $165.19.

Analysts Set New Price Targets

ENTG has been the subject of several research analyst reports. The Goldman Sachs Group reiterated a “sell” rating and set a $115.00 target price on shares of Entegris in a research note on Friday, May 1st. Zacks Research lowered shares of Entegris from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Wall Street Zen cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. Oppenheimer restated an “outperform” rating and set a $160.00 price target on shares of Entegris in a research note on Friday, May 1st. Finally, Weiss Ratings upgraded Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Seven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.56.

Entegris Stock Performance

The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05. The firm has a market cap of $22.13 billion, a P/E ratio of 84.41, a PEG ratio of 2.24 and a beta of 1.31. The stock’s 50 day moving average is $148.56 and its two-hundred day moving average is $126.81.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $808.72 million. During the same period in the previous year, the business earned $0.67 earnings per share. The company’s quarterly revenue 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 Dividend Announcement

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 0.3%. The ex-dividend date was Wednesday, April 29th. Entegris’s dividend payout ratio is currently 23.12%.

Insider Buying and Selling

In other news, Director James P. Lederer sold 3,569 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total value of $512,472.71. Following the sale, the director owned 18,277 shares of the company’s stock, valued at approximately $2,624,394.43. This represents a 16.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Joseph Colella sold 6,326 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $140.17, for a total transaction of $886,715.42. Following the sale, the senior vice president owned 50,121 shares of the company’s stock, valued at $7,025,460.57. This trade represents a 11.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 107,867 shares of company stock worth $15,215,629 in the last three months. Company insiders own 0.53% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of ENTG. Ameriflex Group Inc. bought a new stake in Entegris during the 3rd quarter worth approximately $25,000. Steph & Co. bought a new position in Entegris in the 4th quarter valued at $25,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Entegris in the fourth quarter worth $29,000. Millstone Evans Group LLC boosted its stake in Entegris by 191.3% in the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 176 shares in the last quarter. Finally, Johnson Financial Group Inc. grew its holdings in shares of Entegris by 147.5% during the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 236 shares during the last quarter.

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.