Entegris (NASDAQ:ENTG) Shares Gap Down – Should You Sell?

Entegris, Inc. (NASDAQ:ENTGGet Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $140.37, but opened at $129.39. Entegris shares last traded at $130.5650, with a volume of 218,394 shares.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on ENTG shares. Needham & Company LLC boosted their price target on shares of Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Zacks Research upgraded Entegris from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. UBS Group lifted their price target on Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Weiss Ratings restated a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Finally, Wall Street Zen cut Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $170.89.

Read Our Latest Analysis on Entegris

Entegris Stock Up 0.9%

The firm has a market capitalization of $19.77 billion, a PE ratio of 65.15, a P/E/G ratio of 1.18 and a beta of 1.37. The stock has a 50-day simple moving average of $138.88 and a 200-day simple moving average of $138.19. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83.

Entegris (NASDAQ:ENTGGet Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.11. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The company had revenue of $883.20 million during the quarter, compared to the consensus estimate of $835.79 million. During the same quarter in the prior year, the company earned $0.66 EPS. 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. Analysts forecast that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Wednesday, July 29th. Entegris’s dividend payout ratio is presently 20.10%.

Insider Buying and Selling

In other news, SVP Joseph Colella sold 3,916 shares of Entegris stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $164.48, for a total value of $644,103.68. Following the completion of the transaction, the senior vice president directly owned 50,297 shares in the company, valued at approximately $8,272,850.56. The trade was a 7.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Olivier Blachier sold 2,000 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the sale, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 7,978 shares of company stock valued at $1,273,734. Company insiders own 0.53% of the company’s stock.

Institutional Investors Weigh In On Entegris

A number of institutional investors and hedge funds have recently modified their holdings of ENTG. NewEdge Advisors LLC grew its stake in Entegris by 23.4% during the second quarter. NewEdge Advisors LLC now owns 10,007 shares of the semiconductor company’s stock valued at $1,800,000 after acquiring an additional 1,898 shares in the last quarter. Baird Financial Group Inc. boosted its holdings in Entegris by 139.7% in the 2nd quarter. Baird Financial Group Inc. now owns 12,618 shares of the semiconductor company’s stock valued at $2,269,000 after purchasing an additional 7,354 shares during the period. Arizona State Retirement System grew its position in shares of Entegris by 6.0% during the 2nd quarter. Arizona State Retirement System now owns 43,652 shares of the semiconductor company’s stock valued at $7,851,000 after purchasing an additional 2,458 shares in the last quarter. Waverly Advisors LLC bought a new position in shares of Entegris in the second quarter worth $330,000. Finally, Nykredit A S purchased a new stake in shares of Entegris in the second quarter worth $7,775,000.

Entegris Company Profile

(Get Free Report)

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced electronic devices. Its offerings are designed to help manufacturers manage contamination, control critical process environments and improve the performance and reliability of production processes.

The company’s products include specialty chemicals and gases, liquid and gas filtration systems, wafer-handling and storage products, contamination-control solutions, chemical-mechanical planarization materials, and deposition-related technologies.

Further Reading

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