Entegris (NASDAQ:ENTG) Shares Gap Down – Here’s What Happened

Entegris, Inc. (NASDAQ:ENTG) gapped down before the market opened on Tuesday . The stock had previously closed at $145.17, but opened at $135.05. Entegris shares last traded at $132.6810, with a volume of 395,655 shares.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on ENTG shares. The Goldman Sachs Group reiterated a “sell” rating and issued a $115.00 price objective on shares of Entegris in a research report on Friday, May 1st. UBS Group raised their target price on shares of Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Entegris from $145.00 to $155.00 and gave the company a “hold” rating in a report on Monday. Mizuho boosted their price target on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Finally, Wall Street Zen cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $164.22.

Entegris Trading Up 2.7%

The company has a market cap of $21.15 billion, a price-to-earnings ratio of 80.18, a P/E/G ratio of 1.58 and a beta of 1.31. The business has a fifty day simple moving average of $147.67 and a 200 day simple moving average of $128.73. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.75 by $0.11. The firm had revenue of $811.90 million during the quarter, compared to analysts’ expectations of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, equities analysts anticipate that Entegris, Inc. will post 3.63 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s payout ratio is 23.12%.

Insiders Place Their Bets

In other Entegris news, SVP Clinton M. Haris sold 6,848 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total value of $1,021,927.04. Following the sale, the senior vice president owned 54,961 shares of the company’s stock, valued at approximately $8,201,830.03. This represents a 11.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 6,326 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $140.17, for a total value of $886,715.42. Following the completion of the transaction, the senior vice president owned 50,121 shares of the company’s stock, valued at approximately $7,025,460.57. This represents a 11.21% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 106,000 shares of company stock worth $14,999,860. 0.53% of the stock is owned by insiders.

Hedge Funds Weigh In On Entegris

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Freedom Financial Partners LLC lifted its stake in Entegris by 105.8% in the 4th quarter. Freedom Financial Partners LLC now owns 34,051 shares of the semiconductor company’s stock valued at $2,869,000 after buying an additional 17,509 shares in the last quarter. Dream Peak Capital Ltd purchased a new position in Entegris during the fourth quarter worth $27,025,000. SG Americas Securities LLC raised its holdings in shares of Entegris by 616.5% in the fourth quarter. SG Americas Securities LLC now owns 146,230 shares of the semiconductor company’s stock worth $12,320,000 after acquiring an additional 125,822 shares during the last quarter. ArrowMark Colorado Holdings LLC acquired a new position in shares of Entegris in the third quarter worth $21,880,000. Finally, DigitalBridge Group Inc. purchased a new stake in shares of Entegris in the third quarter valued at $39,420,000.

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.