Entegris (NASDAQ:ENTG) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Entegris, Inc. (NASDAQ:ENTG)’s stock price crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $139.70 and traded as high as $156.65. Entegris shares last traded at $154.77, with a volume of 2,451,046 shares.

Analysts Set New Price Targets

A number of research firms have commented on ENTG. Deutsche Bank Aktiengesellschaft upgraded Entegris from a “hold” rating to a “buy” rating and upped their price target for the stock from $152.00 to $200.00 in a research note on Wednesday, August 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Needham & Company LLC lifted their target price on Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Freedom Capital upgraded shares of Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. Finally, BMO Capital Markets raised their price objective on shares of Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $170.89.

Entegris Trading Up 2.9%

The company has a 50-day moving average price of $140.51 and a 200-day moving average price of $140.01. The firm has a market capitalization of $24.17 billion, a price-to-earnings ratio of 79.64, a PEG ratio of 1.42 and a beta of 1.37. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. The business had revenue of $883.20 million for the quarter, compared to the consensus estimate of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The business’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, research analysts forecast that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date was Wednesday, July 29th. Entegris’s dividend payout ratio is currently 20.10%.

Insiders Place Their Bets

In other news, SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total transaction of $644,103.68. Following the completion of the sale, the senior vice president owned 50,297 shares in the company, valued at approximately $8,272,850.56. The trade was a 7.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Olivier Blachier sold 2,000 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $160.66, for a total transaction of $321,320.00. Following the completion of the transaction, the insider owned 34,997 shares of the company’s stock, valued at approximately $5,622,618.02. The trade was a 5.41% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 7,978 shares of company stock valued at $1,273,734. 0.53% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Entegris

Several large investors have recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in shares of Entegris during the second quarter worth about $3,683,556,000. Principal Financial Group Inc. boosted its position in shares of Entegris by 1.2% in the 1st quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock valued at $689,990,000 after purchasing an additional 68,152 shares during the period. Primecap Management Co. CA acquired a new stake in shares of Entegris in the 2nd quarter valued at about $562,141,000. Bank of America Corp DE purchased a new position in Entegris during the 2nd quarter worth approximately $489,403,000. Finally, Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Entegris during the 2nd quarter worth approximately $486,101,000.

Entegris Company Profile

Entegris, Inc is a global supplier of advanced materials and process solutions used in the semiconductor and other high-technology industries. The company helps manufacturers protect, purify, transport and process the highly sensitive materials used to produce integrated circuits, memory devices and other electronic components.

Its products and services include specialty chemicals and gases, liquid and gas filtration systems, wafer-handling and wafer-shipping products, contamination-control solutions, chemical-mechanical planarization materials, deposition materials and solutions for semiconductor packaging.