Traders Purchase High Volume of Call Options on Entegris (NASDAQ:ENTG)

Entegris, Inc. (NASDAQ:ENTG) was the target of some unusual options trading activity on Monday. Investors bought 5,962 call options on the stock. This represents an increase of 200% compared to the typical volume of 1,985 call options.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ENTG. Mizuho increased their target price on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. UBS Group lifted their price target on shares of Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Needham & Company LLC upped their price objective on shares of Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. BMO Capital Markets increased their price objective on shares of Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Finally, Freedom Capital raised shares of Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $170.89.

Insiders Place Their Bets

In other news, SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction 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 of the company’s stock, valued at approximately $8,272,850.56. The trade was a 7.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Susan G. Rice sold 2,062 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total value of $308,310.24. Following the sale, the senior vice president owned 66,976 shares of the company’s stock, valued at approximately $10,014,251.52. This represents a 2.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 7,978 shares of company stock worth $1,273,734 over the last three months. Insiders own 0.53% of the company’s stock.

Institutional Investors Weigh In On Entegris

A number of institutional investors have recently modified their holdings of the company. California State Teachers Retirement System raised its position in shares of Entegris by 17,158.0% during the second quarter. California State Teachers Retirement System now owns 40,736,671 shares of the semiconductor company’s stock worth $7,326,898,000 after purchasing an additional 40,500,626 shares during the period. BlackRock Inc. acquired a new stake in Entegris in the 2nd quarter valued at $3,683,556,000. Primecap Management Co. CA bought a new stake in Entegris during the 2nd quarter valued at $562,141,000. Bank of America Corp DE bought a new stake in Entegris during the 2nd quarter valued at $489,403,000. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Entegris during the second quarter worth $486,101,000.

Entegris Trading Down 8.4%

ENTG opened at $128.52 on Tuesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85. Entegris has a fifty-two week low of $67.97 and a fifty-two week high of $186.94. The company’s 50 day moving average price is $138.99 and its two-hundred day moving average price is $138.24. The firm has a market capitalization of $19.60 billion, a price-to-earnings ratio of 64.58, a PEG ratio of 1.29 and a beta of 1.37.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The company had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. During the same quarter in the previous year, the business earned $0.66 earnings per share. Entegris’s revenue was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, research analysts predict that Entegris will post 3.91 earnings per share for the current year.

Entegris Announces Dividend

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

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.