Insider Selling: Entegris (NASDAQ:ENTG) Insider Sells $321,320.00 in Stock

Entegris, Inc. (NASDAQ:ENTG) insider Olivier Blachier sold 2,000 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the transaction, the insider owned 34,997 shares in the company, valued at approximately $5,622,618.02. The trade was a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Entegris Stock Up 2.1%

Shares of NASDAQ ENTG traded up $3.36 during midday trading on Monday, hitting $165.12. 434,887 shares of the company’s stock were exchanged, compared to its average volume of 3,018,731. The firm’s fifty day simple moving average is $146.89 and its 200-day simple moving average is $136.19. The company has a market cap of $25.18 billion, a PE ratio of 82.95, a P/E/G ratio of 1.49 and a beta of 1.35. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $186.94. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The firm had revenue of $883.20 million during the quarter, compared to the consensus estimate of $835.79 million. During the same period in the prior year, the company posted $0.66 earnings per share. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Research analysts predict that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Wednesday, July 29th. Entegris’s dividend payout ratio (DPR) is 20.10%.

Institutional Investors Weigh In On Entegris

Hedge funds have recently made changes to their positions in the business. California Public Employees Retirement System lifted its position 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 worth $15,573,000 after acquiring an additional 13,544 shares during the period. Squarepoint Ops LLC raised its holdings 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 purchasing an additional 18,195 shares in the last quarter. Treasurer of the State of North Carolina raised its holdings 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 worth $5,647,000 after purchasing an additional 1,114 shares in the last quarter. Alliancebernstein L.P. lifted its position in Entegris by 3.8% in the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock valued at $16,196,000 after purchasing an additional 7,292 shares during the period. Finally, Diversify Advisory Services LLC acquired a new stake in Entegris in the second quarter valued at about $241,000.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ENTG. Mizuho boosted their price target on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. BMO Capital Markets lifted their target price on Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Freedom Capital raised Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. Finally, Oppenheimer restated an “outperform” rating and set a $160.00 price target on shares of Entegris in a research note on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $170.89.

About Entegris

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.