Entegris (NASDAQ:ENTG) Shares Gap Up – Time to Buy?

Entegris, Inc. (NASDAQ:ENTG) gapped up prior to trading on Wednesday . The stock had previously closed at $142.12, but opened at $149.23. Entegris shares last traded at $138.0570, with a volume of 747,884 shares trading hands.

Wall Street Analyst Weigh In

ENTG has been the topic of several analyst reports. Needham & Company LLC increased their price objective on shares of Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft lowered shares of Entegris from a “buy” rating to a “hold” rating and set a $105.00 target price for the company. in a report on Tuesday, February 3rd. Oppenheimer reissued an “outperform” rating and issued a $160.00 price target on shares of Entegris in a research note on Friday, May 1st. The Goldman Sachs Group reaffirmed a “sell” rating and set a $115.00 price objective on shares of Entegris in a research note on Friday, May 1st. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $148.00 price objective on shares of Entegris in a report on Wednesday, February 11th. Seven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Entegris currently has a consensus rating of “Moderate Buy” and a consensus target price of $154.33.

Entegris Price Performance

The company’s 50 day simple moving average is $133.91 and its 200 day simple moving average is $114.30. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05. The stock has a market cap of $21.56 billion, a P/E ratio of 81.61, a P/E/G ratio of 1.75 and a beta of 1.39.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.11. The company had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The firm’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, equities analysts forecast that Entegris, Inc. will post 3.59 earnings per share for the current year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, April 29th. Entegris’s payout ratio is 23.12%.

Insiders Place Their Bets

In other news, SVP Olivier Blachier sold 2,000 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $140.04, for a total transaction of $280,080.00. Following the completion of the sale, the senior vice president owned 34,897 shares of the company’s stock, valued at $4,886,975.88. This represents a 5.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Susan G. Rice sold 19,893 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $132.84, for a total transaction of $2,642,586.12. Following the sale, the senior vice president owned 69,038 shares in the company, valued at approximately $9,171,007.92. The trade was a 22.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 104,298 shares of company stock worth $14,703,157 in the last three months. 0.53% of the stock is owned by corporate insiders.

Institutional Trading of Entegris

Several hedge funds and other institutional investors have recently modified their holdings of ENTG. Capital Research Global Investors acquired a new stake in Entegris in the 3rd quarter valued at approximately $644,841,000. Van ECK Associates Corp boosted its holdings in Entegris by 1,721.7% during the third quarter. Van ECK Associates Corp now owns 2,173,165 shares of the semiconductor company’s stock worth $200,931,000 after purchasing an additional 2,053,869 shares during the last quarter. Invesco Ltd. boosted its holdings in Entegris by 183.5% during the third quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company’s stock worth $292,900,000 after purchasing an additional 2,050,473 shares during the last quarter. Norges Bank bought a new position in Entegris in the fourth quarter valued at $158,669,000. Finally, Duquesne Family Office LLC acquired a new stake in Entegris in the 2nd quarter valued at $132,741,000.

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.