Entegris, Inc. (NASDAQ:ENTG – Get Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $142.12, but opened at $149.23. Entegris shares last traded at $138.0570, with a volume of 747,884 shares.
Wall Street Analyst Weigh In
ENTG has been the subject of a number of analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and issued a $148.00 price target on shares of Entegris in a research report on Wednesday, February 11th. Mizuho set a $175.00 target price on shares of Entegris in a research report on Friday, May 1st. Oppenheimer reissued an “outperform” rating and set a $160.00 target price on shares of Entegris in a research report on Friday, May 1st. Deutsche Bank Aktiengesellschaft downgraded shares of Entegris from a “buy” rating to a “hold” rating and set a $105.00 target price for the company. in a research report on Tuesday, February 3rd. Finally, The Goldman Sachs Group restated a “sell” rating and set a $115.00 price target on shares of Entegris in a report on Friday, May 1st. Seven investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $153.78.
Get Our Latest Research Report on Entegris
Entegris Trading Down 2.1%
Entegris (NASDAQ:ENTG – Get Free Report) last released its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.75 by $0.11. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The company had revenue of $811.90 million for the quarter, compared to analyst estimates of $808.72 million. During the same quarter last year, the firm earned $0.67 EPS. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, sell-side analysts expect that Entegris, Inc. will post 3.59 EPS for the current year.
Entegris Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were paid a $0.10 dividend. The ex-dividend date was Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s payout ratio is currently 23.12%.
Insider Transactions at Entegris
In related news, SVP Susan G. Rice sold 19,893 shares of the company’s stock in a transaction dated 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 completion of the sale, the senior vice president directly owned 69,038 shares of the company’s stock, valued at $9,171,007.92. This represents a 22.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Joseph Colella sold 6,326 shares of the company’s 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 completion of the sale, the senior vice president directly owned 50,121 shares of the company’s stock, valued at approximately $7,025,460.57. This trade represents a 11.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 97,450 shares of company stock valued at $13,681,230. Company insiders own 0.53% of the company’s stock.
Institutional Trading of Entegris
A number of hedge funds have recently added to or reduced their stakes in ENTG. California Public Employees Retirement System lifted its stake in Entegris by 7.5% in the second quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock worth $15,573,000 after acquiring an additional 13,544 shares during the period. Squarepoint Ops LLC lifted its position in shares of Entegris by 66.3% during the second quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock valued at $3,680,000 after buying an additional 18,195 shares during the last quarter. Treasurer of the State of North Carolina lifted its position in shares of Entegris by 1.6% during the second quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company’s stock valued at $5,647,000 after buying an additional 1,114 shares during the last quarter. Alliancebernstein L.P. lifted its position in shares of Entegris by 3.8% during the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock valued at $16,196,000 after buying an additional 7,292 shares during the last quarter. Finally, Diversify Advisory Services LLC purchased a new stake in shares of Entegris during the second quarter valued at about $241,000.
About Entegris
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.
Featured Stories
- Five stocks we like better than Entegris
- Amazon’s Alexa for Shopping Strengthens an Already Strong Bull Case
- Keysight: The AI and Defense Stock Seeing Big Price Target Boosts
- Zscaler Stock Drops 30%: Why the Dip Is a Buy Opportunity
- 3 Stocks Under $40 with Indirect Exposure to SpaceX IPO
Receive News & Ratings for Entegris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entegris and related companies with MarketBeat.com's FREE daily email newsletter.
