Entegris, Inc. (NASDAQ:ENTG – Get Free Report)’s share price fell 5.6% on Tuesday . The company traded as low as $128.72 and last traded at $127.6990. 114,866 shares were traded 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 research analysts have issued reports on ENTG shares. Freedom Capital upgraded Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft raised shares of 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. Mizuho increased their price target on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Zacks Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Finally, Needham & Company LLC boosted their price objective on shares of Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $170.89.
Get Our Latest Analysis on ENTG
Entegris Stock Performance
Entegris (NASDAQ:ENTG – Get Free Report) last released its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. The firm 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%. Entegris’s revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, equities analysts expect that Entegris, Inc. will post 3.91 earnings per share for the current year.
Entegris Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Wednesday, July 29th. Entegris’s dividend payout ratio is presently 20.10%.
Insider Transactions at Entegris
In other Entegris news, insider Olivier Blachier sold 2,000 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $160.66, for a total transaction of $321,320.00. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James P. Lederer sold 3,569 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the sale, the director owned 18,277 shares of the company’s stock, valued at $2,624,394.43. This represents a 16.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 11,547 shares of company stock valued at $1,786,207. Corporate insiders own 0.53% of the company’s stock.
Institutional Trading of Entegris
A number of institutional investors have recently modified their holdings of ENTG. California Public Employees Retirement System grew its stake in Entegris by 7.5% during the second quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock worth $15,573,000 after buying an additional 13,544 shares during the period. Squarepoint Ops LLC raised its stake in shares of Entegris by 66.3% in the 2nd quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock valued at $3,680,000 after acquiring an additional 18,195 shares during the period. Treasurer of the State of North Carolina lifted its holdings in shares of Entegris by 1.6% during the 2nd 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 acquiring an additional 1,114 shares in the last quarter. Alliancebernstein L.P. boosted its position in Entegris by 3.8% during the 2nd quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock worth $16,196,000 after purchasing an additional 7,292 shares during the period. Finally, Diversify Advisory Services LLC acquired a new stake in Entegris in the 2nd quarter valued at $241,000.
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.
Recommended Stories
- Five stocks we like better than Entegris
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
- Analysts See Major Upside for This Top-10 Performing S&P 500 Stock
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.
