Entegris, Inc. (NASDAQ:ENTG – Get Free Report)’s stock price was up 8.4% during mid-day trading on Thursday . The stock traded as high as $168.89 and last traded at $170.5640. 603,214 shares changed hands during trading, a decline of 80% from the average session volume of 2,953,968 shares. The stock had previously closed at $157.34.
Wall Street Analyst Weigh In
Several research firms have weighed in on ENTG. Oppenheimer restated an “outperform” rating and issued a $160.00 price target on shares of Entegris in a research note on Friday, May 1st. Needham & Company LLC lifted their price objective on shares of Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Zacks Research downgraded shares of Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Mizuho raised their target price on shares of Entegris from $175.00 to $180.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Finally, Weiss Ratings upgraded shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Seven equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $154.33.
Check Out Our Latest Stock Report on Entegris
Entegris Price Performance
Entegris (NASDAQ:ENTG – Get Free Report) last posted its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.11. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The firm had revenue of $811.90 million during the quarter, compared to the consensus estimate of $808.72 million. During the same period in the prior year, the company earned $0.67 EPS. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Equities analysts predict that Entegris, Inc. will post 3.6 EPS for the current fiscal year.
Entegris Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, April 29th. This represents a $0.40 annualized dividend and a yield of 0.2%. Entegris’s dividend payout ratio (DPR) is 23.12%.
Insiders Place Their Bets
In related news, Director James P. Lederer sold 3,569 shares of Entegris stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the completion of the transaction, the director owned 18,277 shares in the company, valued at approximately $2,624,394.43. This trade represents a 16.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Bertrand Loy sold 44,138 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $144.41, for a total value of $6,373,968.58. Following the sale, the insider directly owned 227,527 shares in the company, valued at $32,857,174.07. The trade was a 16.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 107,867 shares of company stock worth $15,215,629. Insiders own 0.53% of the company’s stock.
Hedge Funds Weigh In On Entegris
Institutional investors and hedge funds have recently modified their holdings of the stock. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in shares of Entegris by 0.3% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock valued at $2,645,000 after buying an additional 100 shares in the last quarter. Parvin Asset Management LLC raised its position in shares of Entegris by 19.2% during the 1st quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock worth $87,000 after acquiring an additional 120 shares in the last quarter. Lido Advisors LLC boosted its holdings in shares of Entegris by 1.5% in the 1st quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company’s stock valued at $1,002,000 after buying an additional 125 shares in the last quarter. Northwestern Mutual Investment Management Company LLC boosted its stake in Entegris by 0.4% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock valued at $2,858,000 after acquiring an additional 127 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. boosted its position in shares of Entegris by 0.3% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock valued at $5,199,000 after purchasing an additional 128 shares during the period.
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.
Recommended Stories
- Five stocks we like better than Entegris
- Aehr Spikes on New Order, But Has Stock Gotten Ahead of Itself?
- Rackspace’s AI Land Grab: Plugging Into the Next Compute Boom
- Satellogic Is Tiny But Its Revenue Growth Is Hard to Ignore
- Why Kroger’s Pullback Could Be a Gift for Patient Investors
Receive News & Ratings for Entegris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entegris and related companies with MarketBeat.com's FREE daily email newsletter.
