Shares of Entegris, Inc. (NASDAQ:ENTG – Get Free Report) shot up 5.2% during trading on Monday. The company traded as high as $146.93 and last traded at $145.8980. Approximately 126,783 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 2,824,241 shares. The stock had previously closed at $138.74.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on ENTG. Stifel Nicolaus began coverage on shares of Entegris in a research note on Wednesday, October 7th. They set a “buy” rating and a $200.00 target price for the company. Mizuho upped their price target on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Zacks Research lowered Entegris from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 7th. Truist Financial initiated coverage on Entegris in a report on Wednesday, October 14th. They set a “buy” rating and a $190.00 price target for the company. Finally, Wall Street Zen downgraded Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $178.33.
Read Our Latest Analysis on ENTG
Entegris Stock Up 7.1%
The stock has a market cap of $22.66 billion, a PE ratio of 74.58, a price-to-earnings-growth ratio of 1.27 and a beta of 1.40. The business has a fifty day moving average of $147.53 and a 200-day moving average of $143.76. 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 – Get Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share 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 business had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. During the same period in the previous year, the company 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. Equities research analysts anticipate that Entegris, Inc. will post 3.93 earnings per share for the current year.
Entegris Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 18th. Stockholders of record on Wednesday, October 28th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, October 28th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s dividend payout ratio (DPR) is currently 20.10%.
Insider Activity at Entegris
In related news, SVP Joseph Colella sold 3,916 shares of Entegris stock in a transaction dated 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 sale, the senior vice president directly owned 50,297 shares in the company, valued at $8,272,850.56. The trade was a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Susan Rice sold 2,062 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total transaction of $308,310.24. Following the completion of the sale, the senior vice president directly owned 66,976 shares of the company’s stock, valued at approximately $10,014,251.52. This trade represents a 2.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 7,978 shares of company stock worth $1,273,734 over the last three months. 0.53% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Entegris
A number of hedge funds and other institutional investors have recently modified their holdings of ENTG. Millstone Evans Group LLC increased its position in Entegris by 191.3% during the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 176 shares in the last quarter. Ancora Advisors LLC purchased a new stake in Entegris in the second quarter valued at about $31,000. Transamerica Financial Advisors LLC acquired a new stake in Entegris in the second quarter worth about $32,000. First Horizon Corp boosted its holdings in Entegris by 147.1% in the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 178 shares in the last quarter. Finally, Elevated Capital Advisors LLC purchased a new stake in shares of Entegris during the first quarter worth about $44,000.
About Entegris
Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.
The company’s products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.
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