Entegris, Inc. (NASDAQ:ENTG – Get Free Report)’s stock price shot up 10.2% during mid-day trading on Thursday . The company traded as high as $138.93 and last traded at $141.9840. 1,485,009 shares were traded during trading, a decline of 49% from the average session volume of 2,934,995 shares. The stock had previously closed at $128.88.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on ENTG shares. Zacks Research downgraded shares of Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. BMO Capital Markets restated an “outperform” rating and issued a $148.00 target price on shares of Entegris in a research report on Wednesday, February 11th. Wall Street Zen downgraded Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. Mizuho lifted their target price on shares of Entegris from $175.00 to $180.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $160.00 target price on shares of Entegris in a research report on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $154.33.
Check Out Our Latest Stock Report on Entegris
Entegris Price Performance
Entegris (NASDAQ:ENTG – Get Free Report) last announced its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, topping 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 company had revenue of $811.90 million during the quarter, compared to analysts’ expectations of $808.72 million. During the same period last year, the company posted $0.67 earnings per share. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Equities analysts anticipate that Entegris, Inc. will post 3.6 EPS for the current year.
Entegris Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s dividend payout ratio is currently 23.12%.
Insider Activity at Entegris
In other news, SVP Susan G. Rice sold 19,893 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $132.84, for a total value of $2,642,586.12. Following the completion of the sale, the senior vice president directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James P. Lederer sold 3,569 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total transaction of $512,472.71. Following the transaction, the director directly owned 18,277 shares in the company, valued at $2,624,394.43. The trade was a 16.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 107,867 shares of company stock worth $15,215,629. Company insiders own 0.53% of the company’s stock.
Institutional Trading of Entegris
Hedge funds have recently modified their holdings of the stock. Ameriflex Group Inc. bought a new stake in shares of Entegris during the third quarter worth $25,000. Steph & Co. bought a new stake in shares of Entegris in the 4th quarter valued at about $25,000. SBI Securities Co. Ltd. boosted its stake in Entegris by 260.8% during the 3rd quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 206 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Entegris during the fourth quarter worth $29,000. Finally, Millstone Evans Group LLC grew its stake in Entegris by 191.3% in the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 176 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.
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