Entegris (NASDAQ:ENTG) Stock Jumps 5.2% – Still a Buy?

Entegris, Inc. (NASDAQ:ENTG – Get Free Report) was up 5.2% on Monday. The stock traded as high as $146.93 and last traded at $145.8980. Approximately 126,783 shares were traded during trading, a decline of 96% from the average session volume of 2,824,241 shares. The stock had previously closed at $138.74.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on ENTG shares. Citigroup raised their price target on Entegris from $170.00 to $195.00 and gave the stock a “buy” rating in a research note on Tuesday. Wall Street Zen downgraded shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. BMO Capital Markets increased their price objective on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Stifel Nicolaus initiated coverage on shares of Entegris in a report on Wednesday, October 7th. They set a “buy” rating and a $200.00 price objective on the stock. Finally, UBS Group raised their target price on shares of Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Entegris presently has an average rating of “Buy” and a consensus target price of $181.67.

Get Our Latest Research Report on Entegris

Entegris Stock Down 1.1%

The stock has a market cap of $21.79 billion, a price-to-earnings ratio of 71.81, a PEG ratio of 1.32 and a beta of 1.40. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83. The stock has a fifty day moving average of $147.39 and a two-hundred day moving average of $144.13.

Entegris (NASDAQ:ENTG – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. The company had revenue of $883.20 million during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the prior year, the company posted $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, analysts predict that Entegris, Inc. will post 3.93 EPS for the current fiscal year.

Entegris Dividend Announcement

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 issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, October 28th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s dividend payout ratio is currently 20.10%.

Insider Buying and Selling at Entegris

In other Entegris news, insider Olivier Blachier sold 2,000 shares of Entegris stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $160.66, for a total transaction of $321,320.00. Following the sale, the insider directly owned 34,997 shares in the company, valued at $5,622,618.02. The trade was a 5.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan Rice sold 2,062 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total value of $308,310.24. Following the completion of the transaction, the senior vice president directly owned 66,976 shares in the company, valued at approximately $10,014,251.52. The trade was a 2.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 7,978 shares of company stock worth $1,273,734 in the last 90 days. 0.53% of the stock is owned by corporate insiders.

Institutional Trading of Entegris

A number of hedge funds and other institutional investors have recently made changes to their positions in ENTG. Ancora Advisors LLC grew its holdings in shares of Entegris by 85.1% during the second quarter. Ancora Advisors LLC now owns 174 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 80 shares during the last quarter. Fortitude Family Office LLC raised its position in shares of Entegris by 25.9% during the 3rd quarter. Fortitude Family Office LLC now owns 511 shares of the semiconductor company’s stock worth $79,000 after purchasing an additional 105 shares during the period. Parvin Asset Management LLC lifted its holdings in shares of Entegris by 19.2% in the 1st quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock worth $87,000 after purchasing an additional 120 shares during the last quarter. ZWJ Investment Counsel Inc. lifted its holdings in shares of Entegris by 4.9% in the 3rd quarter. ZWJ Investment Counsel Inc. now owns 2,636 shares of the semiconductor company’s stock worth $406,000 after purchasing an additional 123 shares during the last quarter. Finally, Lido Advisors LLC boosted its position in Entegris by 1.5% during the 1st quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company’s stock valued at $1,002,000 after purchasing an additional 125 shares during the period.

Entegris Company Profile

(Get Free Report)

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.

Further Reading

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