Entegris (NASDAQ:ENTG) Director James Lederer Sells 3,569 Shares of Stock

Entegris, Inc. (NASDAQ:ENTGGet Free Report) Director James Lederer sold 3,569 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the transaction, the director directly owned 18,277 shares in the company, valued at approximately $2,624,394.43. The trade was a 16.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Entegris Stock Performance

Shares of ENTG stock opened at $139.88 on Friday. The business’s fifty day simple moving average is $136.21 and its 200-day simple moving average is $116.30. The company has a market cap of $21.33 billion, a PE ratio of 80.86, a PEG ratio of 1.75 and a beta of 1.37. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91. Entegris, Inc. has a 12-month low of $67.97 and a 12-month high of $159.15.

Entegris (NASDAQ:ENTGGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) 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 business had revenue of $811.90 million for the quarter, compared to the consensus estimate of $808.72 million. During the same period in the prior year, the firm posted $0.67 earnings per share. 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 expect that Entegris, Inc. will post 3.6 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s dividend payout ratio is presently 23.12%.

Institutional Investors Weigh In On Entegris

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC grew its position in Entegris by 540.0% during the 1st quarter. NewEdge Advisors LLC now owns 8,109 shares of the semiconductor company’s stock worth $951,000 after purchasing an additional 6,842 shares during the period. Glenmede Trust Co. NA purchased a new stake in shares of Entegris during the 1st quarter worth about $223,000. Janus Henderson Group PLC boosted its stake in shares of Entegris by 1.9% during the 1st 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 in the last quarter. Parvin Asset Management LLC boosted its stake in shares of Entegris by 19.2% during the 1st quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock worth $87,000 after acquiring an additional 120 shares in the last quarter. Finally, Empowered Funds LLC boosted its stake in shares of Entegris by 9.2% during the 1st quarter. Empowered Funds LLC now owns 8,070 shares of the semiconductor company’s stock worth $946,000 after acquiring an additional 683 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on ENTG shares. Weiss Ratings raised Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Mizuho upped their target price on Entegris from $175.00 to $180.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Oppenheimer reissued an “outperform” rating and issued a $160.00 target price on shares of Entegris in a research report on Friday, May 1st. The Goldman Sachs Group reissued a “sell” rating and issued a $115.00 target price on shares of Entegris in a research report on Friday, May 1st. Finally, Needham & Company LLC upped their target price on Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Seven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Entegris currently has a consensus rating of “Moderate Buy” and an average target price of $154.33.

View Our Latest Research Report on Entegris

About Entegris

(Get Free Report)

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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