Entegris, Inc. (NASDAQ:ENTG – Get Free Report) has earned a consensus rating of “Buy” from the twelve brokerages that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $170.8889.
ENTG has been the subject of a number of recent analyst reports. 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. Wall Street Zen downgraded Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Needham & Company LLC lifted their price objective on Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Freedom Capital upgraded Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. Finally, UBS Group upped their target price on Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th.
Read Our Latest Analysis on ENTG
Entegris Price Performance
Entegris (NASDAQ:ENTG – Get Free Report) last posted its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The business had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. During the same quarter in the prior year, the firm posted $0.66 EPS. Entegris’s revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, sell-side analysts predict that Entegris will post 3.91 earnings per share for the current fiscal year.
Entegris Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s payout ratio is presently 20.10%.
Insider Buying and Selling
In related news, SVP Joseph Colella sold 3,916 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the transaction, the senior vice president directly owned 50,297 shares in the company, valued at approximately $8,272,850.56. This represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James P. Lederer sold 3,569 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total transaction of $512,472.71. Following the completion of the sale, the director directly owned 18,277 shares in the company, valued at $2,624,394.43. This represents a 16.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 18,395 shares of company stock valued at $2,808,134 in the last 90 days. 0.53% of the stock is owned by company insiders.
Institutional Trading of Entegris
Hedge funds have recently made changes to their positions in the stock. Norges Bank bought a new stake in Entegris in the 4th quarter worth approximately $158,669,000. Legal & General Group Plc boosted its stake in Entegris by 2.6% in the fourth quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company’s stock worth $41,661,000 after buying an additional 12,348 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Entegris by 20.9% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 202,196 shares of the semiconductor company’s stock valued at $17,035,000 after acquiring an additional 34,894 shares during the last quarter. Natixis Advisors LLC grew its position in Entegris by 15.0% during the fourth quarter. Natixis Advisors LLC now owns 420,758 shares of the semiconductor company’s stock valued at $35,449,000 after acquiring an additional 54,973 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its stake in shares of Entegris by 122.0% during the fourth quarter. BNP Paribas Financial Markets now owns 455,882 shares of the semiconductor company’s stock worth $38,408,000 after acquiring an additional 250,574 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.
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