Joseph Colella Sells 3,916 Shares of Entegris (NASDAQ:ENTG) Stock

Entegris, Inc. (NASDAQ:ENTG) SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the completion of the sale, the senior vice president owned 50,297 shares of the company’s stock, valued at $8,272,850.56. The trade was a 7.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Entegris Trading Down 1.3%

ENTG opened at $161.76 on Friday. The stock’s fifty day moving average is $146.89 and its two-hundred day moving average is $136.04. The company has a market capitalization of $24.67 billion, a P/E ratio of 81.29, a PEG ratio of 1.49 and a beta of 1.35. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $186.94. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83.

Entegris (NASDAQ:ENTG) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The business had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. During the same period in the previous year, the company posted $0.66 EPS. Entegris’s revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Analysts forecast that Entegris, Inc. will post 3.91 earnings per share for the current year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Wednesday, July 29th. Entegris’s payout ratio is presently 20.10%.

Hedge Funds Weigh In On Entegris

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in shares of Entegris during the second quarter valued at about $3,683,556,000. Primecap Management Co. CA purchased a new position in shares of Entegris in the 2nd quarter worth approximately $562,141,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of Entegris during the 2nd quarter worth approximately $486,101,000. Invesco Ltd. raised its stake in shares of Entegris by 183.5% during the 3rd quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company’s stock worth $292,900,000 after acquiring an additional 2,050,473 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Entegris during the 4th quarter worth approximately $158,669,000.

Analyst Upgrades and Downgrades

A number of research firms have commented on ENTG. Freedom Capital raised shares of Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. The Goldman Sachs Group upgraded shares of Entegris from a “sell” rating to a “buy” rating in a research note on Wednesday. Oppenheimer reissued an “outperform” rating and set a $160.00 price objective on shares of Entegris in a report on Friday, May 1st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $170.89.

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.