Entegris (NASDAQ:ENTG) SVP Susan Rice Sells 2,062 Shares of Stock

Entegris, Inc. (NASDAQ:ENTG) SVP Susan Rice sold 2,062 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total transaction of $308,310.24. Following the sale, the senior vice president directly owned 66,976 shares of the company’s stock, valued at approximately $10,014,251.52. This represents a 2.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Entegris Stock Performance

Shares of NASDAQ ENTG opened at $161.08 on Thursday. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94. The company has a market cap of $24.56 billion, a P/E ratio of 80.94, a P/E/G ratio of 1.39 and a beta of 1.35. The business’s 50 day moving average is $145.69 and its two-hundred day moving average is $135.52. 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 announced its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.11. The business had revenue of $883.20 million for the quarter, compared to the consensus estimate of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. Entegris’s quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter last year, the company posted $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities analysts expect that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Announces Dividend

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

Hedge Funds Weigh In On Entegris

Several institutional investors have recently added to or reduced their stakes in ENTG. BlackRock Inc. bought a new stake in Entegris during the 2nd quarter worth approximately $3,683,556,000. Principal Financial Group Inc. lifted its stake in Entegris by 1.2% in the first quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock valued at $689,990,000 after buying an additional 68,152 shares during the period. State Street Corp grew its holdings in Entegris by 1.2% during the fourth quarter. State Street Corp now owns 5,152,176 shares of the semiconductor company’s stock valued at $434,071,000 after purchasing an additional 61,549 shares during the period. Durable Capital Partners LP grew its holdings in shares of Entegris by 23.2% in the 3rd quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock valued at $348,115,000 after buying an additional 709,121 shares during the period. Finally, Invesco Ltd. lifted its holdings in Entegris by 13.4% during the fourth quarter. Invesco Ltd. now owns 3,592,669 shares of the semiconductor company’s stock worth $302,682,000 after acquiring an additional 424,812 shares in the last quarter.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ENTG. Deutsche Bank Aktiengesellschaft upgraded Entegris from a “hold” rating to a “buy” rating and boosted their price target for the company from $152.00 to $200.00 in a research note on Wednesday. Mizuho upped their target price on Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Zacks Research raised shares of Entegris from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Finally, UBS Group raised their price objective on shares of Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Entegris has an average rating of “Buy” and an average target price of $170.89.

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.