Shares of Entegris, Inc. (NASDAQ:ENTG – Get Free Report) gapped up prior to trading 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 trading hands.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on the stock. Oppenheimer reissued an “outperform” rating and issued a $160.00 target price on shares of Entegris in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft cut Entegris from a “buy” rating to a “hold” rating and set a $105.00 price target for the company. in a report on Tuesday, February 3rd. Mizuho set a $175.00 price objective on Entegris in a research report on Friday, May 1st. 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. Finally, UBS Group boosted their price objective on Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Seven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Entegris currently has an average rating of “Moderate Buy” and an average target price of $153.78.
View Our Latest Analysis on Entegris
Entegris Stock Down 2.1%
Entegris (NASDAQ:ENTG – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.11. The business had revenue of $811.90 million during the quarter, compared to the consensus estimate of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, sell-side analysts predict that Entegris, Inc. will post 3.59 earnings per share for the current year.
Entegris Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 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, April 29th. Entegris’s dividend payout ratio (DPR) is 23.12%.
Insider Activity
In other Entegris news, SVP Susan G. Rice sold 19,893 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $132.84, for a total value of $2,642,586.12. Following the sale, the senior vice president directly owned 69,038 shares of the company’s stock, valued at approximately $9,171,007.92. This trade represents a 22.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Clinton M. Haris sold 5,830 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $144.57, for a total value of $842,843.10. Following the transaction, the senior vice president directly owned 54,961 shares of the company’s stock, valued at $7,945,711.77. The trade was a 9.59% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 97,450 shares of company stock worth $13,681,230. 0.53% of the stock is currently owned by corporate insiders.
Institutional Trading of Entegris
Several hedge funds have recently modified their holdings of the business. Glenmede Trust Co. NA acquired a new stake in shares of Entegris in the 1st quarter valued at approximately $223,000. Janus Henderson Group PLC raised its holdings in shares of Entegris by 1.9% in the first quarter. Janus Henderson Group PLC now owns 446,888 shares of the semiconductor company’s stock worth $52,393,000 after acquiring an additional 8,172 shares during the last quarter. Parvin Asset Management LLC raised its holdings in shares of Entegris by 19.2% in the first quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock worth $87,000 after acquiring an additional 120 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Entegris by 9.2% in the first quarter. Empowered Funds LLC now owns 8,070 shares of the semiconductor company’s stock worth $946,000 after acquiring an additional 683 shares during the last quarter. Finally, Maverick Capital Ltd. purchased a new stake in shares of Entegris in the first quarter valued at $1,508,000.
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.
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