Entegris (NASDAQ:ENTG) Shares Gap Up – Here’s Why

Entegris, Inc. (NASDAQ:ENTG) shares gapped up before the market opened on Thursday . The stock had previously closed at $138.71, but opened at $147.86. Entegris shares last traded at $151.6660, with a volume of 389,344 shares trading hands.

Analyst Upgrades and Downgrades

ENTG has been the subject of several recent analyst reports. The Goldman Sachs Group restated a “sell” rating and issued a $115.00 price target on shares of Entegris in a research note on Friday, May 1st. Wall Street Zen cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 30th. Zacks Research lowered shares of Entegris from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Needham & Company LLC raised their target price on shares of Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, UBS Group lifted their price target on shares of Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a report on Friday, May 1st. Seven research 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. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $164.22.

Entegris Trading Down 0.5%

The firm has a market cap of $22.17 billion, a P/E ratio of 84.02, a P/E/G ratio of 1.71 and a beta of 1.31. The stock has a 50 day simple moving average of $147.62 and a 200-day simple moving average of $129.28. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91.

Entegris (NASDAQ:ENTG) last posted its 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 firm had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. During the same period last year, the firm posted $0.67 earnings per share. Entegris’s revenue for the quarter 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 expect that Entegris, Inc. will post 3.63 EPS for the current fiscal year.

Entegris Dividend Announcement

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s dividend payout ratio (DPR) is presently 23.12%.

Insider Transactions at Entegris

In related news, SVP Joseph Colella sold 6,326 shares of Entegris stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $140.17, for a total value of $886,715.42. Following the completion of the transaction, the senior vice president owned 50,121 shares in the company, valued at approximately $7,025,460.57. This trade represents a 11.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Susan G. Rice sold 19,893 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $132.84, for a total value of $2,642,586.12. Following the sale, the senior vice president directly owned 69,038 shares in the company, valued at $9,171,007.92. The trade was a 22.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 106,000 shares of company stock worth $14,999,860. 0.53% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Entegris

Institutional investors have recently modified their holdings of the stock. California Public Employees Retirement System raised its holdings in Entegris by 7.5% during the 2nd quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock valued at $15,573,000 after buying an additional 13,544 shares during the period. Squarepoint Ops LLC boosted its stake in Entegris by 66.3% during the second quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock worth $3,680,000 after buying an additional 18,195 shares during the period. Treasurer of the State of North Carolina increased its position in Entegris by 1.6% during the second quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company’s stock valued at $5,647,000 after acquiring an additional 1,114 shares during the last quarter. Alliancebernstein L.P. increased its position in Entegris by 3.8% during the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock valued at $16,196,000 after acquiring an additional 7,292 shares during the last quarter. Finally, Diversify Advisory Services LLC purchased a new stake in shares of Entegris in the second quarter valued at $241,000.

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.