Key Points
- Director James Lederer sold 2,008 shares on December 10 at an average price of $92.84, raising $186,422.72 and reducing his stake by 8.95% to 20,434 shares (valued ≈ $1.897M).
- Entegris has a market capitalization of about $14.44 billion, a P/E of 50.36, and a 52-week range of $60.75–$112.36, with the stock trading near $95 and 50-/200-day SMAs of $86.42 and $84.07 respectively.
- The company pays a quarterly dividend of $0.10 (annualized $0.40, yield ~0.4%, payout ratio 21.16%), while analysts have mixed views — an average rating of Hold and an average price target of $95.86.
Entegris, Inc. (NASDAQ:ENTG - Get Free Report) Director James Lederer sold 2,008 shares of Entegris stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $92.84, for a total transaction of $186,422.72. Following the transaction, the director directly owned 20,434 shares of the company's stock, valued at approximately $1,897,092.56. This trade represents a 8.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Entegris Price Performance
Shares of NASDAQ ENTG opened at $95.23 on Friday. The company has a 50 day simple moving average of $86.42 and a two-hundred day simple moving average of $84.07. Entegris, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $112.36. The company has a market capitalization of $14.44 billion, a price-to-earnings ratio of 50.36 and a beta of 1.32. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.13 and a current ratio of 3.44.
Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings data on Wednesday, July 6th. The semiconductor company reported $0.70 earnings per share for the quarter. The company had revenue of $512.84 million during the quarter. Entegris had a return on equity of 11.61% and a net margin of 8.95%. Analysts expect that Entegris, Inc. will post 3.51 EPS for the current fiscal year.
Entegris Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 19th. Investors of record on Wednesday, October 29th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Wednesday, October 29th. Entegris's dividend payout ratio is 21.16%.
Hedge Funds Weigh In On Entegris
Several institutional investors have recently made changes to their positions in the business. Ameriflex Group Inc. purchased a new stake in Entegris during the third quarter valued at approximately $25,000. ORG Wealth Partners LLC grew its position in shares of Entegris by 862.1% during the 3rd quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company's stock valued at $26,000 after acquiring an additional 250 shares during the period. SBI Securities Co. Ltd. increased its stake in shares of Entegris by 260.8% in the 3rd quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 206 shares in the last quarter. Rise Advisors LLC bought a new position in Entegris in the 1st quarter worth $26,000. Finally, Alpine Bank Wealth Management lifted its position in Entegris by 73.7% during the second quarter. Alpine Bank Wealth Management now owns 311 shares of the semiconductor company's stock valued at $25,000 after purchasing an additional 132 shares in the last quarter.
Analyst Ratings Changes
Several research analysts have issued reports on the stock. Mizuho decreased their target price on shares of Entegris from $108.00 to $96.00 and set an "outperform" rating for the company in a report on Thursday, November 20th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Entegris in a research report on Monday, December 1st. Wall Street Zen raised Entegris from a "sell" rating to a "hold" rating in a report on Friday, October 3rd. Oppenheimer started coverage on Entegris in a research report on Thursday, September 4th. They set a "market perform" rating and a $95.00 price objective on the stock. Finally, Zacks Research cut shares of Entegris from a "hold" rating to a "strong sell" rating in a research note on Monday, November 3rd. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $95.86.
View Our Latest Research Report on ENTG
Entegris Company Profile
(
Get Free Report)
Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).
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