Entegris, Inc. (NASDAQ:ENTG - Get Free Report) 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 transaction of $321,320.00. Following the sale, the insider directly owned 34,997 shares of the company's stock, valued at $5,622,618.02. This represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Entegris Trading Up 0.8%
ENTG stock opened at $163.09 on Tuesday. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83. The company has a market cap of $24.87 billion, a price-to-earnings ratio of 81.95, a PEG ratio of 1.49 and a beta of 1.35. The business has a fifty day simple moving average of $147.50 and a 200-day simple moving average of $136.49. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $186.94.
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 firm had revenue of $883.20 million for the quarter, compared to analysts' expectations of $835.79 million. During the same quarter last year, the firm earned $0.66 earnings per share. The firm's revenue for the quarter was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities research analysts expect that Entegris, Inc. will post 3.91 EPS for the current year.
Entegris Announces Dividend
The company 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 $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Wednesday, July 29th. Entegris's payout ratio is currently 20.10%.
Wall Street Analyst Weigh In
ENTG has been the subject of a number of research reports. Citigroup reiterated a "buy" rating on shares of Entegris in a report on Thursday, April 30th. Oppenheimer reaffirmed an "outperform" rating and set a $160.00 price target on shares of Entegris in a research report on Friday, May 1st. Deutsche Bank Aktiengesellschaft upgraded shares of Entegris from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $152.00 to $200.00 in a research note on Wednesday, August 12th. The Goldman Sachs Group raised shares of Entegris from a "sell" rating to a "buy" rating in a research note on Wednesday, August 12th. Finally, Needham & Company LLC lifted their target price on shares of Entegris from $165.00 to $170.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $170.89.
Read Our Latest Research Report on ENTG
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the business. California Public Employees Retirement System raised its position in shares of Entegris by 7.5% in the 2nd quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company's stock valued at $15,573,000 after purchasing an additional 13,544 shares in the last quarter. Squarepoint Ops LLC grew its position in shares of Entegris by 66.3% during the second quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company's stock worth $3,680,000 after buying an additional 18,195 shares in the last quarter. Treasurer of the State of North Carolina increased its stake in shares of Entegris by 1.6% in the second quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company's stock worth $5,647,000 after buying an additional 1,114 shares during the last quarter. Alliancebernstein L.P. increased its stake in shares of Entegris by 3.8% in the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company's stock worth $16,196,000 after buying an additional 7,292 shares during the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in Entegris in the second quarter valued at $241,000.
Entegris Company Profile
(
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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