Entegris Sees Unusually High Options Volume (NASDAQ:ENTG)

Entegris, Inc. (NASDAQ:ENTG) saw some unusual options trading on Monday. Traders bought 5,962 call options on the company. This represents an increase of approximately 200% compared to the typical volume of 1,985 call options.

Insider Activity at Entegris

In other news, insider Olivier Blachier sold 2,000 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were 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 $5,622,618.02. This represents a 5.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $164.48, for a total transaction of $644,103.68. Following the completion of the transaction, the senior vice president owned 50,297 shares in the company, valued at $8,272,850.56. This trade represents a 7.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 7,978 shares of company stock worth $1,273,734. 0.53% of the stock is owned by insiders.

Institutional Investors Weigh In On Entegris

A number of institutional investors and hedge funds have recently bought and sold shares of ENTG. Ancora Advisors LLC purchased a new position in Entegris in the second quarter worth about $31,000. Transamerica Financial Advisors LLC purchased a new stake in Entegris during the second quarter valued at approximately $32,000. Millstone Evans Group LLC lifted its stake in shares of Entegris by 191.3% in the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 176 shares during the last quarter. First Horizon Corp lifted its stake in shares of Entegris by 147.1% in the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 178 shares during the last quarter. Finally, Elevated Capital Advisors LLC purchased a new position in shares of Entegris in the 1st quarter worth approximately $44,000.

Entegris Price Performance

NASDAQ ENTG opened at $129.64 on Wednesday. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83. Entegris has a 12 month low of $67.97 and a 12 month high of $186.94. The stock has a market cap of $19.77 billion, a price-to-earnings ratio of 65.15, a PEG ratio of 1.18 and a beta of 1.37. The company’s 50 day moving average is $138.88 and its two-hundred day moving average is $138.19.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results 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. The business had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The company’s revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, research analysts anticipate that Entegris will post 3.91 earnings per share for the current year.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Wednesday, July 29th. Entegris’s dividend payout ratio is presently 20.10%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. UBS Group increased their price target on shares of Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research report on Monday, August 3rd. The Goldman Sachs Group upgraded Entegris from a “sell” rating to a “buy” rating in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft raised Entegris from a “hold” rating to a “buy” rating and raised their target price for the stock from $152.00 to $200.00 in a report on Wednesday, August 12th. Finally, Needham & Company LLC boosted their price target on Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Entegris currently has a consensus rating of “Buy” and an average target price of $170.89.

About Entegris

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced electronic devices. Its offerings are designed to help manufacturers manage contamination, control critical process environments and improve the performance and reliability of production processes.

The company’s products include specialty chemicals and gases, liquid and gas filtration systems, wafer-handling and storage products, contamination-control solutions, chemical-mechanical planarization materials, and deposition-related technologies.