Entegris (NASDAQ:ENTG) Stock Price Down 9.4% – Here’s Why

Entegris, Inc. (NASDAQ:ENTG)’s stock price dropped 9.4% during mid-day trading on Tuesday . The stock traded as low as $166.20 and last traded at $166.7160. 1,031,940 shares changed hands during trading, a decline of 65% from the average session volume of 2,990,552 shares. The stock had previously closed at $184.00.

Analysts Set New Price Targets

A number of research analysts have recently commented on ENTG shares. UBS Group upped their target price on Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Needham & Company LLC boosted their price objective on Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Citigroup restated a “buy” rating on shares of Entegris in a report on Thursday, April 30th. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $115.00 price objective on shares of Entegris in a research report on Friday, May 1st. Finally, Zacks Research lowered Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Seven research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Entegris presently has an average rating of “Moderate Buy” and a consensus target price of $154.33.

Entegris Price Performance

The firm has a market capitalization of $26.00 billion, a P/E ratio of 98.53, a P/E/G ratio of 2.09 and a beta of 1.37. 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 stock’s fifty day simple moving average is $145.59 and its 200 day simple moving average is $124.05.

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

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.2%. The ex-dividend date was Wednesday, April 29th. Entegris’s dividend payout ratio (DPR) is 23.12%.

Insiders Place Their Bets

In other news, SVP Clinton M. Haris sold 6,848 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the transaction, the senior vice president directly owned 54,961 shares of the company’s stock, valued at approximately $8,201,830.03. This represents a 11.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 sale, the director owned 18,277 shares of the company’s stock, valued at approximately $2,624,394.43. This represents a 16.34% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 107,867 shares of company stock valued at $15,215,629. 0.53% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Entegris

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ENTG. Ameriflex Group Inc. acquired a new position in shares of Entegris during the third quarter valued at about $25,000. Millstone Evans Group LLC raised its position in shares of Entegris by 191.3% in the 1st 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 during the last quarter. Steph & Co. acquired a new stake in Entegris in the 4th quarter worth approximately $25,000. First Horizon Corp boosted its stake in Entegris by 147.1% in the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 178 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Entegris during the 4th quarter worth approximately $29,000.

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.