Clinton Haris Sells 5,830 Shares of Entegris (NASDAQ:ENTG) Stock

Entegris, Inc. (NASDAQ:ENTG) SVP Clinton Haris sold 5,830 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $144.57, for a total transaction of $842,843.10. Following the sale, the senior vice president directly owned 54,961 shares of the company’s stock, valued at $7,945,711.77. This represents a 9.59% 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 Down 5.2%

Shares of NASDAQ ENTG traded down $6.98 during midday trading on Monday, hitting $126.09. The stock had a trading volume of 1,607,749 shares, compared to its average volume of 2,918,976. The company has a market capitalization of $19.23 billion, a price-to-earnings ratio of 72.89, a PEG ratio of 1.66 and a beta of 1.39. Entegris, Inc. has a 1-year low of $66.32 and a 1-year high of $159.15. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91. The company has a fifty day moving average price of $130.55 and a 200 day moving average price of $111.50.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.11. The business had revenue of $811.90 million for the quarter, compared to analyst estimates of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The company’s revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, analysts predict that Entegris, Inc. will post 3.59 earnings per share for the current year.

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th will be paid 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, April 29th. Entegris’s payout ratio is currently 23.12%.

Institutional Investors Weigh In On Entegris

Several large investors have recently made changes to their positions in ENTG. California Public Employees Retirement System increased its stake in shares of Entegris by 7.5% in the second 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 during the period. Squarepoint Ops LLC increased its stake in shares of Entegris by 66.3% in the second quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock valued at $3,680,000 after purchasing an additional 18,195 shares during the period. 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 valued at $5,647,000 after purchasing an additional 1,114 shares during the period. 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 valued at $16,196,000 after purchasing an additional 7,292 shares during the period. Finally, Diversify Advisory Services LLC acquired a new position in shares of Entegris during the second quarter valued at approximately $241,000.

Analyst Ratings Changes

ENTG has been the subject of a number of research reports. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. Mizuho set a $175.00 price target on shares of Entegris in a research report on Friday, May 1st. UBS Group upped their price target on shares of Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Zacks Research cut shares of Entegris from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Finally, KeyCorp increased their price objective on shares of Entegris from $111.00 to $156.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Seven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Entegris has an average rating of “Moderate Buy” and a consensus target price of $153.78.

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.