Entegris (NASDAQ:ENTG) Sets New 12-Month High Following Dividend Announcement

Entegris, Inc. (NASDAQ:ENTG)’s stock price reached a new 52-week high during mid-day trading on Thursday after the company announced a dividend. The company traded as high as $118.00 and last traded at $113.3490, with a volume of 832174 shares. The stock had previously closed at $104.09.

The newly announced dividend which will be paid on Wednesday, February 18th. Shareholders of record on Wednesday, January 28th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, January 28th. This represents a $0.40 annualized dividend and a yield of 0.4%. Entegris’s payout ratio is 21.16%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ENTG. Mizuho dropped their price objective on shares of Entegris from $108.00 to $96.00 and set an “outperform” rating for the company in a research note on Thursday, November 20th. KeyCorp boosted their target price on shares of Entegris from $107.00 to $111.00 and gave the company an “overweight” rating in a report on Friday, January 9th. Wall Street Zen raised shares of Entegris from a “sell” rating to a “hold” rating in a research report on Friday, October 3rd. Zacks Research upgraded shares of Entegris from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 30th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research note on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $95.57.

Entegris Trading Up 8.9%

The company has a debt-to-equity ratio of 0.99, a current ratio of 3.44 and a quick ratio of 2.13. The business’s 50-day simple moving average is $86.00 and its two-hundred day simple moving average is $86.66. The stock has a market capitalization of $17.19 billion, a price-to-earnings ratio of 59.86 and a beta of 1.31.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Thursday, October 30th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.72. The company had revenue of $807.10 million during the quarter, compared to analyst estimates of $804.63 million. Entegris had a net margin of 8.95% and a return on equity of 11.61%. The business’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.77 earnings per share. Entegris has set its Q4 2025 guidance at 0.620-0.690 EPS. On average, research analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Entegris news, SVP Joseph Colella sold 3,577 shares of the stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $88.41, for a total value of $316,242.57. Following the completion of the sale, the senior vice president owned 34,364 shares of the company’s stock, valued at $3,038,121.24. This trade represents a 9.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James P. Lederer sold 2,008 shares of Entegris stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $92.84, for a total transaction of $186,422.72. Following the sale, the director owned 20,434 shares in the company, valued at $1,897,092.56. This represents a 8.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 63,643 shares of company stock worth $4,966,433 over the last three months. 0.67% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Entegris

Institutional investors and hedge funds have recently made changes to their positions in the business. AdvisorNet Financial Inc increased its position in Entegris by 3,869.8% in the 2nd quarter. AdvisorNet Financial Inc now owns 5,002 shares of the semiconductor company’s stock valued at $403,000 after acquiring an additional 4,876 shares during the period. Congress Asset Management Co. boosted its position in Entegris by 17.9% during the 3rd quarter. Congress Asset Management Co. now owns 182,906 shares of the semiconductor company’s stock worth $16,912,000 after acquiring an additional 27,813 shares during the period. Resona Asset Management Co. Ltd. grew its stake in shares of Entegris by 3.3% in the second quarter. Resona Asset Management Co. Ltd. now owns 48,999 shares of the semiconductor company’s stock worth $3,963,000 after purchasing an additional 1,567 shares in the last quarter. Citigroup Inc. increased its holdings in shares of Entegris by 37.4% during the second quarter. Citigroup Inc. now owns 1,040,349 shares of the semiconductor company’s stock valued at $83,904,000 after purchasing an additional 283,402 shares during the period. Finally, Bank of Montreal Can raised its stake in shares of Entegris by 6.1% during the second quarter. Bank of Montreal Can now owns 147,232 shares of the semiconductor company’s stock valued at $11,874,000 after purchasing an additional 8,425 shares in the last quarter.

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.