Olivier Blachier Sells 2,000 Shares of Entegris (NASDAQ:ENTG) Stock

Entegris, Inc. (NASDAQ:ENTG) insider Olivier Blachier sold 2,000 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the sale, the insider directly owned 34,997 shares in the company, valued at $5,622,618.02. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Entegris Trading Down 7.9%

ENTG opened at $150.26 on Wednesday. Entegris, Inc. has a one year low of $67.97 and a one year high of $186.94. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85. The business has a 50 day simple moving average of $147.82 and a two-hundred day simple moving average of $136.70. The firm has a market capitalization of $22.91 billion, a price-to-earnings ratio of 75.51, a PEG ratio of 1.49 and a beta of 1.35.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data 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. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The firm had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. During the same period last year, the company earned $0.66 EPS. The business’s quarterly revenue was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Analysts predict that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Announces Dividend

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

Hedge Funds Weigh In On Entegris

A number of institutional investors have recently added to or reduced their stakes in ENTG. BlackRock Inc. purchased a new position in Entegris during the 2nd quarter valued at about $3,683,556,000. Primecap Management Co. CA bought a new stake in Entegris during the second quarter worth about $562,141,000. Bank of America Corp DE purchased a new stake in Entegris in the second quarter worth about $489,403,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in Entegris in the second quarter worth about $486,101,000. Finally, Invesco Ltd. increased its stake in shares of Entegris by 183.5% during the third quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company’s stock valued at $292,900,000 after purchasing an additional 2,050,473 shares in the last quarter.

Wall Street Analyst Weigh In

Several research analysts have commented on ENTG shares. Oppenheimer restated an “outperform” rating and issued a $160.00 price objective on shares of Entegris in a report on Friday, May 1st. Deutsche Bank Aktiengesellschaft raised shares of Entegris from a “hold” rating to a “buy” rating and lifted their target price for the company from $152.00 to $200.00 in a research note on Wednesday, August 12th. Needham & Company LLC boosted their price target on shares of Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Freedom Capital raised shares of Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. Finally, Zacks Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $170.89.

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.