Entegris (NASDAQ:ENTG) Shares Down 5.6% – What’s Next?

Entegris, Inc. (NASDAQ:ENTG) shares dropped 5.6% on Tuesday . The company traded as low as $128.72 and last traded at $127.6990. Approximately 114,866 shares traded hands during trading, a decline of 96% from the average session volume of 2,957,048 shares. The stock had previously closed at $135.29.

Analyst Ratings Changes

Several research firms have recently weighed in on ENTG. Freedom Capital raised Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Mizuho lifted their price objective on Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. UBS Group upped their price objective on Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. The Goldman Sachs Group raised Entegris from a “sell” rating to a “buy” rating in a report on Wednesday, August 12th. Finally, Wall Street Zen cut Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Entegris has an average rating of “Buy” and an average price target of $170.89.

Entegris Price Performance

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 firm has a 50-day moving average of $142.86 and a 200-day moving average of $138.00. The stock has a market cap of $20.02 billion, a PE ratio of 65.98, a PEG ratio of 1.19 and a beta of 1.37.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, topping 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 company had revenue of $883.20 million for the quarter, compared to analysts’ expectations of $835.79 million. During the same period in the previous year, the firm earned $0.66 EPS. The firm’s 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. Research analysts predict that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, July 29th. Entegris’s payout ratio is 20.10%.

Insider Buying and Selling

In other Entegris news, 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 $5,622,618.02. The trade was a 5.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan G. Rice sold 2,062 shares of the business’s stock in a transaction 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 completion of the sale, the senior vice president owned 66,976 shares in the company, valued at approximately $10,014,251.52. The trade was a 2.99% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 7,978 shares of company stock worth $1,273,734. 0.53% of the stock is owned by insiders.

Institutional Investors Weigh In On Entegris

Several large investors have recently made changes to their positions in ENTG. California State Teachers Retirement System boosted its stake in Entegris by 17,158.0% during the second quarter. California State Teachers Retirement System now owns 40,736,671 shares of the semiconductor company’s stock valued at $7,326,898,000 after buying an additional 40,500,626 shares during the last quarter. BlackRock Inc. purchased a new stake in shares of Entegris during the 2nd quarter worth approximately $3,683,556,000. Principal Financial Group Inc. boosted its position in shares of Entegris by 1.2% during the 1st quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock valued at $689,990,000 after acquiring an additional 68,152 shares during the last quarter. State Street Corp boosted its position in shares of Entegris by 1.2% during the 4th quarter. State Street Corp now owns 5,152,176 shares of the semiconductor company’s stock valued at $434,071,000 after acquiring an additional 61,549 shares during the last quarter. Finally, Durable Capital Partners LP boosted its position in shares of Entegris by 23.2% during the 3rd quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock valued at $348,115,000 after acquiring an additional 709,121 shares during the last quarter.

Entegris Company Profile

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.