Entegris, Inc. (NASDAQ:ENTG – Get Free Report) was the target of some unusual options trading activity on Monday. Investors bought 5,962 call options on the stock. This represents an increase of 200% compared to the average daily volume of 1,985 call options.
Entegris Trading Down 6.6%
NASDAQ:ENTG traded down $9.21 during trading hours on Monday, hitting $131.16. The company had a trading volume of 679,169 shares, compared to its average volume of 2,910,853. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83. The company has a market cap of $20.00 billion, a P/E ratio of 65.90, a P/E/G ratio of 1.29 and a beta of 1.37. The company has a 50-day moving average of $139.32 and a 200 day moving average of $138.30. Entegris has a 1 year low of $67.97 and a 1 year high of $186.94.
Entegris (NASDAQ:ENTG – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. The business had revenue of $883.20 million during the quarter, compared to analysts’ expectations of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The company’s revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Sell-side analysts expect that Entegris will post 3.91 earnings per share for the current year.
Entegris Dividend Announcement
Wall Street Analyst Weigh In
Several research analysts recently weighed in on ENTG shares. Deutsche Bank Aktiengesellschaft upgraded Entegris from a “hold” rating to a “buy” rating and lifted their price target for the company from $152.00 to $200.00 in a research report on Wednesday, August 12th. The Goldman Sachs Group raised shares of Entegris from a “sell” rating to a “buy” rating in a report on Wednesday, August 12th. Zacks Research upgraded Entegris from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. BMO Capital Markets upped their price objective on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Finally, Mizuho increased their price objective on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Entegris has an average rating of “Buy” and an average target price of $170.89.
Read Our Latest Analysis on Entegris
Insider Activity
In related news, SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total transaction of $644,103.68. Following the completion of the transaction, the senior vice president directly owned 50,297 shares in the company, valued at $8,272,850.56. The trade was a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Susan G. Rice sold 2,062 shares of the stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total value of $308,310.24. Following the sale, the senior vice president directly owned 66,976 shares in the company, valued at $10,014,251.52. This represents a 2.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 7,978 shares of company stock valued at $1,273,734 in the last ninety days. Insiders own 0.53% of the company’s stock.
Hedge Funds Weigh In On Entegris
A number of hedge funds have recently made changes to their positions in ENTG. Legal & General Group Plc boosted its holdings in Entegris by 2.6% during the 4th quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company’s stock valued at $41,661,000 after acquiring an additional 12,348 shares during the period. Norges Bank purchased a new stake in Entegris during the fourth quarter worth about $158,669,000. Natixis Advisors LLC increased its stake in Entegris by 15.0% during the fourth quarter. Natixis Advisors LLC now owns 420,758 shares of the semiconductor company’s stock worth $35,449,000 after purchasing an additional 54,973 shares during the period. BNP Paribas Financial Markets lifted its position in shares of Entegris by 122.0% during the fourth quarter. BNP Paribas Financial Markets now owns 455,882 shares of the semiconductor company’s stock worth $38,408,000 after purchasing an additional 250,574 shares in the last quarter. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of Entegris during the fourth quarter worth about $1,395,000.
About Entegris
Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced electronic devices. Its offerings are designed to help manufacturers manage contamination, control critical process environments and improve the performance and reliability of production processes.
The company’s products include specialty chemicals and gases, liquid and gas filtration systems, wafer-handling and storage products, contamination-control solutions, chemical-mechanical planarization materials, and deposition-related technologies.
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