Entegris (NASDAQ:ENTG) Insider Sells $321,320.00 in Stock

Entegris, Inc. (NASDAQ:ENTG) insider Olivier Blachier sold 2,000 shares of Entegris stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $160.66, for a total transaction of $321,320.00. Following the completion of the sale, the insider owned 34,997 shares of the company’s stock, valued at $5,622,618.02. This trade represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Entegris Trading Up 2.1%

NASDAQ ENTG traded up $3.36 on Monday, reaching $165.12. The stock had a trading volume of 434,887 shares, compared to its average volume of 3,018,731. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83. The stock has a fifty day moving average price of $146.89 and a two-hundred day moving average price of $136.19. Entegris, Inc. has a 12-month low of $67.97 and a 12-month high of $186.94. The firm has a market capitalization of $25.18 billion, a price-to-earnings ratio of 82.95, a P/E/G ratio of 1.49 and a beta of 1.35.

Entegris (NASDAQ:ENTG) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.82 by $0.11. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The business had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. During the same period last year, the business posted $0.66 earnings per share. The company’s quarterly revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, sell-side analysts forecast that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Wednesday, July 29th. Entegris’s dividend payout ratio (DPR) is 20.10%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. UBS Group lifted their price objective on shares of Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Oppenheimer reiterated an “outperform” rating and set a $160.00 target price on shares of Entegris in a report on Friday, May 1st. Zacks Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. The Goldman Sachs Group upgraded shares of Entegris from a “sell” rating to a “buy” rating in a research note on Wednesday, August 12th. Finally, Needham & Company LLC increased their price objective on Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Entegris currently has a consensus rating of “Buy” and an average price target of $170.89.

Institutional Trading of Entegris

Several hedge funds have recently added to or reduced their stakes in ENTG. Ancora Advisors LLC acquired a new position in Entegris during the 2nd quarter worth approximately $31,000. Millstone Evans Group LLC raised its holdings in shares of Entegris by 191.3% in the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 176 shares in the last quarter. First Horizon Corp lifted its position in shares of Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 178 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Entegris during the fourth quarter worth $29,000. Finally, Elevated Capital Advisors LLC acquired a new position in shares of Entegris during the first quarter worth $44,000.

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.