Entegris, Inc. (NASDAQ:ENTG – Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $163.50 and last traded at $165.3390, with a volume of 332307 shares. The stock had previously closed at $150.52.
Analyst Ratings Changes
ENTG has been the topic of several research reports. Citigroup restated a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Mizuho boosted their price target on Entegris from $175.00 to $180.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. The Goldman Sachs Group restated a “sell” rating and set a $115.00 price target on shares of Entegris in a report on Friday, May 1st. Weiss Ratings upgraded Entegris from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Finally, Zacks Research cut Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. 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, the company has a consensus rating of “Moderate Buy” and a consensus price target of $154.33.
Read Our Latest Stock Report on Entegris
Entegris Price Performance
Entegris (NASDAQ:ENTG – Get Free Report) last announced its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.75 by $0.11. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The business had revenue of $811.90 million for the quarter, compared to analysts’ expectations of $808.72 million. During the same period in the prior year, the business posted $0.67 earnings per share. The firm’s revenue was up 5.0% on a year-over-year basis. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Sell-side analysts predict that Entegris, Inc. will post 3.6 earnings per share for the current year.
Entegris Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th were issued a $0.10 dividend. The ex-dividend date was Wednesday, April 29th. This represents a $0.40 annualized dividend and a yield of 0.2%. Entegris’s dividend payout ratio is presently 23.12%.
Insiders Place Their Bets
In related news, SVP Susan G. Rice sold 19,893 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $132.84, for a total value of $2,642,586.12. Following the sale, the senior vice president directly owned 69,038 shares in the company, valued at $9,171,007.92. This represents a 22.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Olivier Blachier sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $140.04, for a total value of $280,080.00. Following the completion of the sale, the senior vice president owned 34,897 shares in the company, valued at $4,886,975.88. The trade was a 5.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 107,867 shares of company stock valued at $15,215,629 over the last three months. Insiders own 0.53% of the company’s stock.
Hedge Funds Weigh In On Entegris
A number of institutional investors and hedge funds have recently modified their holdings of the business. Rathbones Group PLC bought a new position in shares of Entegris during the 1st quarter worth approximately $206,000. NewEdge Advisors LLC boosted its holdings in shares of Entegris by 540.0% during the 1st quarter. NewEdge Advisors LLC now owns 8,109 shares of the semiconductor company’s stock worth $951,000 after buying an additional 6,842 shares in the last quarter. Glenmede Trust Co. NA bought a new position in shares of Entegris during the 1st quarter worth approximately $223,000. Janus Henderson Group PLC boosted its holdings in shares of Entegris by 1.9% during the 1st quarter. Janus Henderson Group PLC now owns 446,888 shares of the semiconductor company’s stock worth $52,393,000 after buying an additional 8,172 shares in the last quarter. Finally, Parvin Asset Management LLC boosted its holdings in shares of Entegris by 19.2% during the 1st quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock worth $87,000 after buying an additional 120 shares in 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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