Entegris, Inc. (NASDAQ:ENTG – Get Free Report) shares shot up 10.2% during mid-day trading on Thursday . The stock traded as high as $138.93 and last traded at $141.9840. 1,485,009 shares changed hands during mid-day 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 Analyst Weigh In
Several research firms have issued reports on ENTG. Oppenheimer reissued an “outperform” rating and issued a $160.00 price target on shares of Entegris in a research note on Friday, May 1st. Needham & Company LLC lifted their target price on Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Citigroup reissued a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. The Goldman Sachs Group restated a “sell” rating and issued a $115.00 price target on shares of Entegris in a research note on Friday, May 1st. Finally, Mizuho raised their price target on Entegris from $175.00 to $180.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Seven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Entegris currently has an average rating of “Moderate Buy” and a consensus price target of $154.33.
Check Out Our Latest Stock Report on Entegris
Entegris Trading Up 3.9%
Entegris (NASDAQ:ENTG – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11. The firm had revenue of $811.90 million for the quarter, compared to the consensus estimate of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The business’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Equities analysts forecast that Entegris, Inc. will post 3.6 EPS for the current fiscal year.
Entegris Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s payout ratio is 23.12%.
Insider Activity
In other Entegris news, SVP Joseph Colella sold 6,326 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $140.17, for a total transaction of $886,715.42. Following the transaction, the senior vice president owned 50,121 shares of the company’s stock, valued at $7,025,460.57. The trade was a 11.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Clinton M. Haris sold 6,848 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total value of $1,021,927.04. Following the transaction, the senior vice president directly owned 54,961 shares in the company, valued at approximately $8,201,830.03. This trade represents a 11.08% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 107,867 shares of company stock valued at $15,215,629. 0.53% of the stock is owned by insiders.
Hedge Funds Weigh In On Entegris
Institutional investors and hedge funds have recently made changes to their positions in the company. Ameriflex Group Inc. acquired a new position in shares of Entegris in the third quarter valued at approximately $25,000. Steph & Co. acquired a new position in shares of Entegris in the fourth quarter valued at approximately $25,000. SBI Securities Co. Ltd. grew its position in shares of Entegris by 260.8% in the third quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 206 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Entegris in the fourth quarter valued at approximately $29,000. Finally, Millstone Evans Group LLC grew its position in shares of 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 purchasing an additional 176 shares during the last quarter.
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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