Entegris (NASDAQ:ENTG) Shares Down 10.1% – What’s Next?

Entegris, Inc. (NASDAQ:ENTG)’s share price fell 10.1% on Thursday. The stock traded as low as $133.32 and last traded at $132.70. 186,786 shares were traded during mid-day trading, a decline of 93% from the average session volume of 2,811,220 shares. The stock had previously closed at $147.69.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on ENTG shares. Truist Financial initiated coverage on Entegris in a report on Wednesday, October 14th. They set a “buy” rating and a $190.00 price target on the stock. Zacks Research lowered Entegris from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 7th. Stifel Nicolaus assumed coverage on Entegris in a research report on Wednesday, October 7th. They set a “buy” rating and a $200.00 target price for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Finally, Freedom Capital raised Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of $181.67.

Entegris Trading Down 13.1%

The firm has a market cap of $19.57 billion, a P/E ratio of 64.48, a P/E/G ratio of 1.31 and a beta of 1.40. The stock has a 50 day simple moving average of $147.12 and a 200-day simple moving average of $144.35. 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 (NASDAQ:ENTG) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 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%. The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities research analysts expect that Entegris, Inc. will post 3.93 EPS for the current fiscal year.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 18th. Investors of record on Wednesday, October 28th will be paid 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 of this dividend is Wednesday, October 28th. Entegris’s dividend payout ratio (DPR) is currently 20.10%.

Insider Activity at Entegris

In other Entegris news, insider Olivier Blachier sold 2,000 shares of the company’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $160.66, for a total value of $321,320.00. Following the transaction, 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 sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of the firm’s stock in a transaction dated 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 directly owned 50,297 shares in the company, valued at $8,272,850.56. This represents a 7.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 7,978 shares of company stock worth $1,273,734 in the last quarter. 0.53% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ENTG. Ledyard National Bank bought a new stake in shares of Entegris in the 3rd quarter valued at about $233,000. Root Financial Partners LLC purchased a new stake in Entegris during the third quarter valued at approximately $51,000. SBI Securities Co. Ltd. lifted its position in Entegris by 51.1% during the third quarter. SBI Securities Co. Ltd. now owns 278 shares of the semiconductor company’s stock valued at $43,000 after acquiring an additional 94 shares during the last quarter. Axxcess Wealth Management LLC boosted its stake in Entegris by 61.3% in the third quarter. Axxcess Wealth Management LLC now owns 2,389 shares of the semiconductor company’s stock valued at $368,000 after acquiring an additional 908 shares in the last quarter. Finally, Crossmark Global Holdings Inc. boosted its stake in Entegris by 3.4% in the third quarter. Crossmark Global Holdings Inc. now owns 8,210 shares of the semiconductor company’s stock valued at $1,265,000 after acquiring an additional 270 shares in the last quarter.

Entegris Company Profile

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.

The company’s products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.