Entegris, Inc. to Issue Quarterly Dividend of $0.10 (NASDAQ:ENTG)

Entegris, Inc. (NASDAQ:ENTG) declared a quarterly dividend on Wednesday, July 15th. Shareholders of record on Wednesday, July 29th will be given a dividend of 0.10 per share by the semiconductor company on Wednesday, August 19th. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, July 29th.

Entegris has increased its dividend by an average of 0.0%per year over the last three years. Entegris has a payout ratio of 10.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect Entegris to earn $4.54 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 8.8%.

Entegris Stock Down 1.4%

Shares of ENTG stock traded down $1.94 during trading hours on Wednesday, reaching $138.69. 1,836,194 shares of the company’s stock were exchanged, compared to its average volume of 3,072,402. Entegris has a fifty-two week low of $67.97 and a fifty-two week high of $186.94. The stock’s 50 day moving average is $147.34 and its 200-day moving average is $130.34. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91. The company has a market cap of $21.15 billion, a price-to-earnings ratio of 80.17, a P/E/G ratio of 1.60 and a beta of 1.31.

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

Wall Street Analysts Forecast Growth

ENTG has been the subject of several recent analyst reports. Wall Street Zen raised Entegris from a “buy” rating to a “strong-buy” rating in a report on Sunday. Zacks Research lowered shares of Entegris from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Mizuho lifted their target price 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. The Goldman Sachs Group reissued a “sell” rating and set a $115.00 target price on shares of Entegris in a research report on Friday, May 1st. Finally, Needham & Company LLC upped their price target on shares of Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Seven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Entegris has a consensus rating of “Moderate Buy” and a consensus price target of $164.22.

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.