Shares of Entegris, Inc. (NASDAQ:ENTG – Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $182.97 and last traded at $182.7150, with a volume of 18263 shares traded. The stock had previously closed at $178.77.
Analyst Upgrades and Downgrades
ENTG has been the topic of several recent analyst reports. Wall Street Zen lowered shares of Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. UBS Group boosted their target price on Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Needham & Company LLC upped their price target on Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Mizuho raised their price target on Entegris from $175.00 to $180.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. Finally, Citigroup reiterated a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Seven investment 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. According to data from MarketBeat.com, Entegris currently has an average rating of “Moderate Buy” and a consensus target price of $154.33.
View Our Latest Stock Analysis on Entegris
Entegris Stock Up 1.2%
Entegris (NASDAQ:ENTG – Get Free Report) last released its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11. The firm had revenue of $811.90 million for the quarter, compared to analyst estimates of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, equities analysts anticipate that Entegris, Inc. will post 3.6 earnings per share for the current fiscal year.
Entegris Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were given a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. Entegris’s dividend payout ratio is currently 23.12%.
Insiders Place Their Bets
In related news, SVP Susan G. Rice sold 19,893 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $132.84, for a total transaction of $2,642,586.12. Following the completion of the transaction, the senior vice president owned 69,038 shares in the company, valued at approximately $9,171,007.92. The trade was a 22.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director James P. Lederer sold 3,569 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total value of $512,472.71. Following the completion of the transaction, the director directly owned 18,277 shares in the company, valued at $2,624,394.43. This trade represents a 16.34% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 107,867 shares of company stock worth $15,215,629. 0.53% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in ENTG. Ameriflex Group Inc. purchased a new stake in Entegris during the third quarter worth approximately $25,000. Steph & Co. purchased a new position in Entegris in the fourth quarter valued at approximately $25,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Entegris in the fourth quarter valued at approximately $29,000. Millstone Evans Group LLC raised its holdings in Entegris by 191.3% during the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 176 shares in the last quarter. Finally, Johnson Financial Group Inc. raised its holdings in Entegris by 147.5% during the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 236 shares in 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.
Read More
- Five stocks we like better than Entegris
- Why Penguin Solutions Is Rallying as AI Data Centers Scale
- SpaceX’s Historic IPO Has Already Sparked a 2X ETF Frenzy
- Cheesecake Factory Stock Is Up Over 50%—Is There Room for More CAKE?
- Royal Caribbean’s Best Quarter Ever Still Leaves a Big Question
Receive News & Ratings for Entegris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entegris and related companies with MarketBeat.com's FREE daily email newsletter.
