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

Entegris, Inc. (NASDAQ:ENTG)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $145.17, but opened at $135.05. Entegris shares last traded at $132.6810, with a volume of 395,655 shares.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on ENTG shares. Wall Street Zen downgraded Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. Weiss Ratings raised Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Entegris from $145.00 to $155.00 and gave the company a “hold” rating in a research note on Monday. Mizuho boosted their price objective on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Finally, Needham & Company LLC lifted their target price on Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Seven investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Entegris currently has a consensus rating of “Moderate Buy” and a consensus target price of $164.22.

Entegris Trading Down 8.7%

The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05. The business’s 50 day simple moving average is $148.44 and its 200 day simple moving average is $127.99. The stock has a market cap of $20.22 billion, a P/E ratio of 76.58, a PEG ratio of 1.82 and a beta of 1.31.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.11. The company had revenue of $811.90 million for the quarter, compared to analyst estimates of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The company’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, analysts expect that Entegris, Inc. will post 3.6 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date was Wednesday, April 29th. Entegris’s dividend payout ratio is currently 23.12%.

Insider Activity at Entegris

In other Entegris news, Director James P. Lederer sold 3,569 shares of Entegris stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total transaction of $512,472.71. Following the completion of the transaction, the director directly owned 18,277 shares of the company’s stock, valued at approximately $2,624,394.43. This trade represents a 16.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Clinton M. Haris sold 6,848 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the completion of the sale, the senior vice president owned 54,961 shares in the company, valued at $8,201,830.03. This represents a 11.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 106,000 shares of company stock valued at $14,999,860. Insiders own 0.53% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Ameriflex Group Inc. acquired a new position in Entegris in the third quarter worth $25,000. Steph & Co. acquired a new stake in shares of Entegris in the fourth quarter valued at $25,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Entegris in the 4th quarter valued at about $29,000. Millstone Evans Group LLC increased its holdings in shares of Entegris by 191.3% in the first 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 in the last quarter. Finally, Johnson Financial Group Inc. raised its position in Entegris by 147.5% in the 4th quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 236 shares during the last quarter.

Entegris Company Profile

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.