Entegris (NASDAQ:ENTG) Shares Down 10.1% – What’s Next?

Entegris, Inc. (NASDAQ:ENTG – Get Free Report) shares traded down 10.1% on Thursday. The stock traded as low as $133.32 and last traded at $132.70. Approximately 186,786 shares were traded during mid-day trading, a decline of 93% from the average session volume of 2,811,220 shares. The stock had previously closed at $147.69.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Zacks Research downgraded Entegris from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 7th. Stifel Nicolaus began coverage on Entegris in a research report on Wednesday, October 7th. They issued a “buy” rating and a $200.00 target price for the company. Barclays began coverage on Entegris in a research note on Monday, October 12th. They set an “overweight” rating and a $212.00 price target on the stock. BMO Capital Markets increased their price target on Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Finally, Wall Street Zen downgraded Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $181.67.

Get Our Latest Analysis on ENTG

Entegris Price Performance

The stock has a market capitalization of $20.51 billion, a P/E ratio of 67.60, a price-to-earnings-growth ratio of 1.18 and a beta of 1.40. The business’s 50 day simple moving average is $145.86 and its two-hundred day simple moving average is $144.36. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83.

Entegris (NASDAQ:ENTG – Get Free Report) last posted its 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. The company had revenue of $883.20 million during the quarter, compared to the consensus estimate of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The firm’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.66 earnings per share. 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 3.93 earnings per share for the current fiscal year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 18th. Investors of record on Wednesday, October 28th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, October 28th. Entegris’s dividend payout ratio is presently 20.10%.

Insider Activity at Entegris

In other Entegris news, insider Olivier Blachier sold 2,000 shares of Entegris stock in a transaction 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 transaction, the insider directly owned 34,997 shares of the company’s stock, valued at $5,622,618.02. The trade was a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan G. Rice sold 2,062 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total transaction of $308,310.24. Following the completion of the sale, the senior vice president owned 66,976 shares of the company’s stock, valued at approximately $10,014,251.52. The trade was a 2.99% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 7,978 shares of company stock valued at $1,273,734. 0.53% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ENTG. Capelight Capital Asset Management LP raised its stake in Entegris by 300.0% in the 3rd quarter. Capelight Capital Asset Management LP now owns 20,000 shares of the semiconductor company’s stock valued at $3,081,000 after acquiring an additional 15,000 shares during the period. Robeco Schweiz AG bought a new position in Entegris during the third quarter worth about $59,691,000. Norris Perne & French LLP MI boosted its position in Entegris by 185.1% during the third quarter. Norris Perne & French LLP MI now owns 95,784 shares of the semiconductor company’s stock worth $14,757,000 after purchasing an additional 62,189 shares during the period. Signaturefd LLC boosted its position in Entegris by 13.1% during the third quarter. Signaturefd LLC now owns 2,051 shares of the semiconductor company’s stock worth $316,000 after purchasing an additional 237 shares during the period. Finally, Evergreen Capital Management LLC increased its stake in shares of Entegris by 1.5% in the third quarter. Evergreen Capital Management LLC now owns 5,372 shares of the semiconductor company’s stock worth $828,000 after purchasing an additional 79 shares in the last quarter.

About Entegris

(Get Free Report)

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.

The company’s products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.

Further Reading

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