Entegris (NASDAQ:ENTG) Shares Gap Up After Earnings Beat

Entegris, Inc. (NASDAQ:ENTG) shares gapped up before the market opened on Tuesday following a better than expected earnings announcement. The stock had previously closed at $125.20, but opened at $137.00. Entegris shares last traded at $136.3530, with a volume of 371,457 shares traded.

The semiconductor company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.11. The company had revenue of $883.20 million for the quarter, compared to analysts’ expectations of $835.79 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The business’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s payout ratio is presently 23.12%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on ENTG shares. Deutsche Bank Aktiengesellschaft increased their target price on shares of Entegris from $145.00 to $155.00 and gave the stock a “hold” rating in a research report on Monday, July 6th. Oppenheimer restated an “outperform” rating and set a $160.00 price target on shares of Entegris in a report on Friday, May 1st. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $115.00 price target on shares of Entegris in a research note on Friday, May 1st. Weiss Ratings raised Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Finally, Citigroup reissued a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $164.22.

Insider Activity

In other Entegris news, SVP Joseph Colella sold 6,326 shares of Entegris stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $140.17, for a total value of $886,715.42. Following the completion of the sale, the senior vice president directly owned 50,121 shares in the company, valued at $7,025,460.57. The trade was a 11.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 transaction of $1,021,927.04. Following the completion of the sale, the senior vice president directly owned 54,961 shares of the company’s stock, valued at $8,201,830.03. This represents a 11.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 44,466 shares of company stock valued at $6,186,624. 0.53% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Entegris

A number of large investors have recently bought and sold shares of ENTG. California Public Employees Retirement System lifted its position in shares of Entegris by 7.5% in the second quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock worth $15,573,000 after buying an additional 13,544 shares during the last quarter. Squarepoint Ops LLC raised its stake in shares of 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 raised its stake in shares of 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. raised its stake in shares of Entegris by 3.8% in the 2nd quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock valued at $16,196,000 after acquiring an additional 7,292 shares in the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in Entegris in the 2nd quarter worth approximately $241,000.

Entegris Trading Up 9.3%

The stock has a market capitalization of $20.87 billion, a price-to-earnings ratio of 78.78, a price-to-earnings-growth ratio of 1.39 and a beta of 1.35. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91. The company has a fifty day moving average of $144.45 and a two-hundred day moving average of $133.86.

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.