Shares of Entegris, Inc. (NASDAQ:ENTG – Get Free Report) traded down 10.1% during mid-day trading on Thursday. The company traded as low as $133.32 and last traded at $132.70. 186,786 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 2,811,220 shares. The stock had previously closed at $147.69.
Analyst Ratings Changes
ENTG has been the topic of a number of research analyst reports. Citigroup upped their target price on Entegris from $170.00 to $195.00 and gave the stock a “buy” rating in a report on Tuesday. Barclays assumed coverage on Entegris in a research note on Monday, October 12th. They issued an “overweight” rating and a $212.00 target price for the company. Truist Financial started coverage on Entegris in a research report on Wednesday, October 14th. They set a “buy” rating and a $190.00 price target on the stock. Wall Street Zen cut Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Stifel Nicolaus started coverage on Entegris in a report on Wednesday, October 7th. They issued a “buy” rating and a $200.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Entegris currently has a consensus rating of “Buy” and a consensus target price of $181.67.
View Our Latest Research Report on Entegris
Entegris Trading Down 13.1%
The firm has a market cap of $19.57 billion, a PE ratio of 64.48, a PEG ratio of 1.31 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’s fifty day simple moving average is $147.12 and its two-hundred day simple moving average is $144.35.
Entegris (NASDAQ:ENTG – Get Free Report) last announced its earnings results 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. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The business had revenue of $883.20 million during the quarter, compared to the consensus estimate of $835.79 million. During the same quarter last year, the firm earned $0.66 earnings per share. The business’s revenue for the quarter was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, sell-side analysts forecast that Entegris, Inc. will post 3.93 EPS for the current fiscal year.
Entegris Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 18th. Shareholders of record on Wednesday, October 28th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, October 28th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s payout ratio is presently 20.10%.
Insiders Place Their Bets
In other news, SVP Joseph Colella sold 3,916 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $164.48, for a total value of $644,103.68. Following the sale, the senior vice president directly owned 50,297 shares of the company’s stock, valued at approximately $8,272,850.56. This represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Susan Rice sold 2,062 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total transaction of $308,310.24. Following the completion of the transaction, the senior vice president owned 66,976 shares in the company, valued at approximately $10,014,251.52. The trade was a 2.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 7,978 shares of company stock valued at $1,273,734. 0.53% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of ENTG. Man Group plc bought a new stake in Entegris during the 2nd quarter worth approximately $2,461,000. Deutsche Bank AG purchased a new position in Entegris during the second quarter valued at approximately $69,930,000. BlackRock Inc. purchased a new position in Entegris during the second quarter valued at approximately $3,683,556,000. Corient Private Wealth LLC boosted its position in shares of Entegris by 101.9% in the fourth quarter. Corient Private Wealth LLC now owns 9,253 shares of the semiconductor company’s stock worth $783,000 after purchasing an additional 4,671 shares during the period. Finally, SEB Asset Management AB bought a new position in shares of Entegris in the first quarter worth approximately $5,423,000.
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 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.
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