Entegris (NASDAQ:ENTG) SVP Clinton Haris Sells 6,848 Shares

Entegris, Inc. (NASDAQ:ENTGGet Free Report) SVP Clinton Haris sold 6,848 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total value of $1,021,927.04. Following the completion of the sale, the senior vice president owned 54,961 shares of the company’s stock, valued at approximately $8,201,830.03. This trade represents a 11.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Entegris Stock Down 0.1%

Entegris stock traded down $0.17 during midday trading on Thursday, reaching $139.84. The company’s stock had a trading volume of 695,576 shares, compared to its average volume of 2,923,081. The stock’s 50-day simple moving average is $133.46 and its 200-day simple moving average is $113.93. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05. Entegris, Inc. has a 52-week low of $66.32 and a 52-week high of $159.15. The stock has a market capitalization of $21.32 billion, a P/E ratio of 80.66, a PEG ratio of 1.77 and a beta of 1.39.

Entegris (NASDAQ:ENTGGet Free Report) last released its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.11. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The company had revenue of $811.90 million during the quarter, compared to analysts’ expectations of $808.72 million. During the same period last year, the business posted $0.67 earnings per share. The firm’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, sell-side analysts expect that Entegris, Inc. will post 3.59 EPS for the current year.

Entegris Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s dividend payout ratio (DPR) is 23.12%.

Analysts Set New Price Targets

Several research firms have recently weighed in on ENTG. Deutsche Bank Aktiengesellschaft downgraded Entegris from a “buy” rating to a “hold” rating and set a $105.00 target price on the stock. in a research report on Tuesday, February 3rd. Citigroup restated a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. Needham & Company LLC lifted their price objective on Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Wall Street Zen upgraded Entegris from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Finally, Zacks Research downgraded Entegris from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Seven equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $153.78.

Get Our Latest Report on Entegris

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. California Public Employees Retirement System lifted 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 worth $15,573,000 after buying an additional 13,544 shares during the last quarter. Squarepoint Ops LLC lifted its holdings in Entegris by 66.3% during the 2nd 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 last quarter. Treasurer of the State of North Carolina lifted its holdings in Entegris by 1.6% during the 2nd quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company’s stock worth $5,647,000 after buying an additional 1,114 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in Entegris by 3.8% during the 2nd quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock worth $16,196,000 after buying an additional 7,292 shares during the last quarter. Finally, Diversify Advisory Services LLC purchased a new stake in Entegris during the 2nd quarter worth about $241,000.

About Entegris

(Get Free Report)

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

Insider Buying and Selling by Quarter for Entegris (NASDAQ:ENTG)

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.