Entegris, Inc. (NASDAQ:ENTG – Get Free Report) was down 5.6% on Tuesday . The stock traded as low as $128.72 and last traded at $127.6990. Approximately 114,866 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 2,957,048 shares. The stock had previously closed at $135.29.
Analyst Ratings Changes
Several equities research analysts recently commented on ENTG shares. Wall Street Zen downgraded Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Deutsche Bank Aktiengesellschaft raised shares of Entegris from a “hold” rating to a “buy” rating and increased their price objective for the company from $152.00 to $200.00 in a research report on Wednesday, August 12th. Needham & Company LLC boosted their target price on shares of Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Mizuho upped their target price on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Finally, BMO Capital Markets raised their price target on shares of Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Entegris currently has an average rating of “Buy” and an average target price of $170.89.
Check Out Our Latest Report on ENTG
Entegris Stock Performance
Entegris (NASDAQ:ENTG – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. The business had revenue of $883.20 million during the quarter, compared to the consensus estimate of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The business’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Equities analysts forecast that Entegris, Inc. will post 3.91 EPS for the current year.
Entegris Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were given a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s payout ratio is presently 20.10%.
Insider Activity at Entegris
In other news, Director James P. Lederer sold 3,569 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total transaction of $512,472.71. Following the transaction, the director owned 18,277 shares of the company’s stock, valued at approximately $2,624,394.43. This trade represents a 16.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the completion of the sale, the senior vice president directly owned 50,297 shares of the company’s stock, valued at approximately $8,272,850.56. This represents a 7.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 11,547 shares of company stock worth $1,786,207. 0.53% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Entegris
A number of institutional investors have recently made changes to their positions in the company. Millstone Evans Group LLC boosted its holdings 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 during the period. Ancora Advisors LLC bought a new position in shares of Entegris in the 2nd quarter worth about $31,000. Transamerica Financial Advisors LLC bought a new position in shares of Entegris in the 2nd quarter worth about $32,000. Johnson Financial Group Inc. boosted its holdings in shares of Entegris by 147.5% in the 4th quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 236 shares during the period. Finally, First Horizon Corp grew its position in shares of Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 178 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.
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