Key Points
- Entegris SVP Susan Rice sold 2,062 shares for approximately $308,310 at an average price of $149.52, reducing her direct ownership by 2.99% to 66,976 shares.
- Entegris reported quarterly EPS of $0.93, exceeding estimates of $0.82, while revenue of $883.2 million rose 11.5% year over year and surpassed consensus expectations.
- Shares were trading at $161.08, up 7.2%, and analysts maintained a consensus “Buy” rating with an average price target of $170.89; the company also declared a quarterly dividend of $0.10 per share.
Entegris, Inc. (NASDAQ:ENTG - Get Free Report) SVP Susan Rice sold 2,062 shares of the firm's stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total transaction of $308,310.24. Following the transaction, the senior vice president directly owned 66,976 shares of the company's stock, valued at $10,014,251.52. This represents a 2.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Entegris Trading Up 7.2%
Shares of NASDAQ:ENTG opened at $161.08 on Thursday. The company's 50-day moving average price is $145.69 and its two-hundred day moving average price is $135.52. Entegris, Inc. has a one year low of $67.97 and a one year high of $186.94. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85. The stock has a market capitalization of $24.56 billion, a PE ratio of 80.94, a price-to-earnings-growth ratio of 1.39 and a beta of 1.35.
Entegris (NASDAQ:ENTG - Get Free Report) last released its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $835.79 million. During the same quarter in the previous year, the business earned $0.66 earnings per share. Entegris's quarterly revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities analysts forecast that Entegris, Inc. will post 3.91 EPS for the current fiscal year.
Entegris Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. Entegris's dividend payout ratio is currently 20.10%.
Wall Street Analysts Forecast Growth
ENTG has been the subject of several analyst reports. Mizuho raised their target price on shares of Entegris from $180.00 to $200.00 and gave the company an "outperform" rating in a research note on Wednesday, July 1st. Wall Street Zen cut shares of Entegris from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 8th. Weiss Ratings reissued a "hold (c)" rating on shares of Entegris in a research report on Monday, August 3rd. The Goldman Sachs Group upgraded shares of Entegris from a "sell" rating to a "buy" rating in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft raised shares of Entegris from a "hold" rating to a "buy" rating and upped their target price for the company from $152.00 to $200.00 in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $170.89.
Get Our Latest Stock Report on ENTG
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of Entegris by 0.3% during the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company's stock worth $2,645,000 after purchasing an additional 100 shares during the period. Parvin Asset Management LLC increased its stake in Entegris by 19.2% in the first quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company's stock valued at $87,000 after acquiring an additional 120 shares during the last quarter. Lido Advisors LLC raised its position in Entegris by 1.5% during the first quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company's stock valued at $1,002,000 after purchasing an additional 125 shares in the last quarter. Northwestern Mutual Investment Management Company LLC lifted its stake in Entegris by 0.4% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company's stock worth $2,858,000 after purchasing an additional 127 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. lifted its stake in Entegris by 0.3% during the first quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company's stock worth $5,199,000 after purchasing an additional 128 shares during the last quarter.
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.
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