Entegris (NASDAQ:ENTG) Shares Gap Up Following Better-Than-Expected Earnings

Entegris, Inc. (NASDAQ:ENTG) shares gapped up prior to trading on Tuesday following a stronger than expected earnings report. The stock had previously closed at $125.20, but opened at $137.00. Entegris shares last traded at $136.3530, with a volume of 371,457 shares changing hands.

The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.11. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The business had revenue of $883.20 million during the quarter, compared to the consensus estimate of $835.79 million. During the same period in the prior year, the firm earned $0.66 EPS. Entegris’s quarterly 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.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th will be given 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 is Wednesday, July 29th. Entegris’s dividend payout ratio (DPR) is currently 23.12%.

Wall Street Analysts Forecast Growth

ENTG has been the subject of several research analyst reports. Weiss Ratings raised Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Freedom Capital raised Entegris to a “strong-buy” rating in a report on Monday. Deutsche Bank Aktiengesellschaft lifted their price target on Entegris from $145.00 to $155.00 and gave the stock a “hold” rating in a research report on Monday, July 6th. The Goldman Sachs Group reiterated a “sell” rating and set a $115.00 price target on shares of Entegris in a report on Friday, May 1st. Finally, Oppenheimer reissued an “outperform” rating and issued a $160.00 price objective on shares of Entegris in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $164.22.

Insiders Place Their Bets

In other Entegris news, SVP Clinton M. Haris sold 6,848 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total value 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 represents a 11.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan G. Rice sold 19,893 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $132.84, for a total value of $2,642,586.12. Following the transaction, the senior vice president owned 69,038 shares of the company’s stock, valued at $9,171,007.92. This represents a 22.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 44,466 shares of company stock worth $6,186,624 in the last 90 days. 0.53% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Entegris

Several large investors have recently made changes to their positions in the company. Principal Financial Group Inc. boosted its position in Entegris by 1.2% in the first quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock valued at $689,990,000 after buying an additional 68,152 shares in the last quarter. State Street Corp raised its stake in shares of Entegris by 1.2% in the fourth 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. Durable Capital Partners LP boosted its holdings in shares of Entegris by 23.2% in the 3rd quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock worth $348,115,000 after acquiring an additional 709,121 shares in the last quarter. Invesco Ltd. grew its position in Entegris by 13.4% during the 4th quarter. Invesco Ltd. now owns 3,592,669 shares of the semiconductor company’s stock worth $302,682,000 after acquiring an additional 424,812 shares during the last quarter. Finally, UBS Group AG increased its holdings in Entegris by 19.7% during the 3rd quarter. UBS Group AG now owns 3,405,183 shares of the semiconductor company’s stock valued at $314,843,000 after purchasing an additional 559,435 shares in the last quarter.

Entegris Price Performance

The stock has a fifty day moving average of $144.45 and a two-hundred day moving average of $133.86. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $20.87 billion, a price-to-earnings ratio of 78.78, a PEG ratio of 1.39 and a beta of 1.35.

About Entegris

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.