Entegris (NASDAQ:ENTG) Trading Down 9.4% – Here’s What Happened

Entegris, Inc. (NASDAQ:ENTGGet Free Report)’s share price traded down 9.4% during trading on Tuesday . The company traded as low as $166.20 and last traded at $166.7160. Approximately 1,031,940 shares were traded during mid-day trading, a decline of 65% from the average session volume of 2,990,552 shares. The stock had previously closed at $184.00.

Analyst Ratings Changes

A number of research firms have weighed in on ENTG. Weiss Ratings raised shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Zacks Research lowered shares of Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. The Goldman Sachs Group reiterated a “sell” rating and set a $115.00 price objective on shares of Entegris in a research report on Friday, May 1st. Oppenheimer reissued an “outperform” rating and set a $160.00 target price on shares of Entegris in a research note on Friday, May 1st. Finally, Wall Street Zen lowered shares of Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. Seven equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $154.33.

Check Out Our Latest Report on ENTG

Entegris Price Performance

The stock has a market capitalization of $25.51 billion, a P/E ratio of 96.71, a PEG ratio of 2.22 and a beta of 1.37. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.05 and a current ratio of 3.21. The business has a fifty day simple moving average of $144.28 and a 200-day simple moving average of $122.89.

Entegris (NASDAQ:ENTGGet Free Report) 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. 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 analyst estimates of $808.72 million. During the same quarter in the previous year, the business posted $0.67 EPS. Entegris’s revenue for the quarter was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Sell-side analysts expect that Entegris, Inc. will post 3.6 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were paid a $0.10 dividend. The ex-dividend date was Wednesday, April 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. Entegris’s dividend payout ratio (DPR) is currently 23.12%.

Insiders Place Their Bets

In related news, Director James P. Lederer sold 3,569 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was 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 of the company’s stock, valued at approximately $2,624,394.43. This represents a 16.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Joseph Colella sold 6,326 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $140.17, for a total value of $886,715.42. Following the completion of the transaction, the senior vice president owned 50,121 shares in the company, valued at approximately $7,025,460.57. The trade was a 11.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 107,867 shares of company stock worth $15,215,629 over the last three months. Insiders own 0.53% of the company’s stock.

Institutional Trading of Entegris

Hedge funds have recently bought and sold shares of the business. California Public Employees Retirement System grew its holdings in shares of Entegris by 7.5% during 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 buying an additional 13,544 shares during the last quarter. Squarepoint Ops LLC lifted its position in Entegris by 66.3% in the 2nd quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock valued at $3,680,000 after acquiring an additional 18,195 shares in the last quarter. Treasurer of the State of North Carolina lifted its position in Entegris by 1.6% in the 2nd 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 acquiring an additional 1,114 shares in the last quarter. Alliancebernstein L.P. boosted its stake in Entegris by 3.8% during the 2nd 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 last quarter. Finally, Diversify Advisory Services LLC acquired a new position in Entegris during the 2nd quarter valued at about $241,000.

About Entegris

(Get Free Report)

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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