Entegris (NASDAQ:ENTG) Shares Gap Down – What’s Next?

Entegris, Inc. (NASDAQ:ENTG) shares gapped down before the market opened on Monday . The stock had previously closed at $140.37, but opened at $129.39. Entegris shares last traded at $130.5650, with a volume of 218,394 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Freedom Capital upgraded Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. BMO Capital Markets lifted their price target on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Zacks Research raised shares of Entegris from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Needham & Company LLC increased their price objective on shares of Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen downgraded shares of Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $170.89.

Entegris Stock Performance

The firm has a market capitalization of $20.00 billion, a P/E ratio of 65.91, a price-to-earnings-growth ratio of 1.29 and a beta of 1.37. The stock has a 50-day moving average of $139.32 and a 200 day moving average of $138.30. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05.

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

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were paid a $0.10 dividend. The ex-dividend date was Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s dividend payout ratio (DPR) is 20.10%.

Insider Activity at Entegris

In related news, insider Olivier Blachier sold 2,000 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $160.66, for a total transaction of $321,320.00. Following the transaction, the insider owned 34,997 shares in the company, valued at $5,622,618.02. This represents a 5.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan Rice sold 2,062 shares of the stock in a transaction dated 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 in the company, valued at approximately $10,014,251.52. This represents a 2.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 7,978 shares of company stock valued at $1,273,734 over the last ninety days. 0.53% of the stock is owned by insiders.

Institutional Trading of Entegris

Several hedge funds have recently modified their holdings of ENTG. Ancora Advisors LLC acquired a new stake in shares of Entegris in the second quarter valued at approximately $31,000. Transamerica Financial Advisors LLC acquired a new position in Entegris during the 2nd quarter worth $32,000. Millstone Evans Group LLC lifted its holdings in Entegris by 191.3% during the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock worth $31,000 after buying an additional 176 shares in the last quarter. First Horizon Corp boosted its position in Entegris by 147.1% in the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 178 shares during the last quarter. Finally, Elevated Capital Advisors LLC acquired a new stake in shares of Entegris in the 1st quarter valued at $44,000.

About Entegris

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced electronic devices. Its offerings are designed to help manufacturers manage contamination, control critical process environments and improve the performance and reliability of production processes.

The company’s products include specialty chemicals and gases, liquid and gas filtration systems, wafer-handling and storage products, contamination-control solutions, chemical-mechanical planarization materials, and deposition-related technologies.