Entegris, Inc. (NASDAQ:ENTG – Get Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $163.50 and last traded at $165.3390, with a volume of 332307 shares. The stock had previously closed at $150.52.
Wall Street Analyst Weigh In
A number of equities analysts have commented on ENTG shares. Oppenheimer reiterated an “outperform” rating and issued a $160.00 target price on shares of Entegris in a report on Friday, May 1st. Wall Street Zen downgraded shares of Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. UBS Group upped their price target on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Finally, Needham & Company LLC upped their price target on Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Seven investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $154.33.
Check Out Our Latest Stock Analysis on ENTG
Entegris Trading Down 6.9%
Entegris (NASDAQ:ENTG – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.11. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The firm had revenue of $811.90 million for the quarter, compared to the consensus estimate of $808.72 million. During the same quarter in the prior year, the company posted $0.67 earnings per share. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, research analysts expect that Entegris, Inc. will post 3.6 EPS for the current fiscal year.
Entegris Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s payout ratio is 23.12%.
Insider Activity
In other news, SVP Olivier Blachier sold 2,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $140.04, for a total transaction of $280,080.00. Following the sale, the senior vice president directly owned 34,897 shares of the company’s stock, valued at $4,886,975.88. The trade was a 5.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Clinton M. Haris sold 6,848 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the sale, the senior vice president directly owned 54,961 shares in the company, valued at $8,201,830.03. This trade represents a 11.08% 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 valued at $15,215,629. 0.53% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Entegris
A number of large investors have recently bought and sold shares of the company. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in 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 during the last quarter. Parvin Asset Management LLC boosted its position 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 buying an additional 120 shares during the last quarter. Lido Advisors LLC boosted its position in Entegris by 1.5% in the first 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 during the last quarter. Northwestern Mutual Investment Management Company LLC boosted its position 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 buying an additional 127 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. boosted its position in Entegris by 0.3% in the first quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock valued at $5,199,000 after buying an additional 128 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.
Read More
- Five stocks we like better than Entegris
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
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.
