Entegris (NASDAQ:ENTG) Insider Sells $321,320.00 in Stock

Key Points

• Entegris insider Olivier Blachier sold 2,000 shares for approximately $321,320 under a pre-arranged Rule 10b5-1 trading plan, reducing his holdings by 5.41% to 34,997 shares.
• Entegris shares rose 2.1% to $165.12, while the company reported quarterly EPS of $0.93 and revenue of $883.2 million, exceeding analyst expectations and growing revenue 11.5% year over year.
• Analysts maintain a bullish outlook, with the stock receiving a consensus “Buy” rating and an average price target of $170.89; Entegris also declared a quarterly dividend of $0.10 per share.

Entegris, Inc. (NASDAQ:ENTG - Get Free Report) insider Olivier Blachier sold 2,000 shares of Entegris stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $160.66, for a total transaction of $321,320.00. Following the completion of the sale, the insider owned 34,997 shares of the company's stock, valued at $5,622,618.02. This trade represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Entegris Trading Up 2.1%

NASDAQ ENTG traded up $3.36 on Monday, reaching $165.12. The stock had a trading volume of 434,887 shares, compared to its average volume of 3,018,731. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83. The stock has a fifty day moving average price of $146.89 and a two-hundred day moving average price of $136.19. Entegris, Inc. has a 12-month low of $67.97 and a 12-month high of $186.94. The firm has a market capitalization of $25.18 billion, a price-to-earnings ratio of 82.95, a P/E/G ratio of 1.49 and a beta of 1.35.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, topping the consensus estimate 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 last year, the business posted $0.66 earnings per share. The company's quarterly revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, sell-side analysts forecast that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Wednesday, July 29th. Entegris's dividend payout ratio (DPR) is 20.10%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. UBS Group lifted their price objective on shares of Entegris from $205.00 to $215.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Oppenheimer reiterated an "outperform" rating and set a $160.00 target price on shares of Entegris in a report on Friday, May 1st. Zacks Research upgraded shares of Entegris from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 5th. The Goldman Sachs Group upgraded shares of Entegris from a "sell" rating to a "buy" rating in a research note on Wednesday, August 12th. Finally, Needham & Company LLC increased their price objective on Entegris from $165.00 to $170.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, Entegris currently has a consensus rating of "Buy" and an average price target of $170.89.

Institutional Trading of Entegris

Several hedge funds have recently added to or reduced their stakes in ENTG. Ancora Advisors LLC acquired a new position in Entegris during the 2nd quarter worth approximately $31,000. Millstone Evans Group LLC raised its holdings in shares of Entegris by 191.3% in the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company's stock valued at $31,000 after purchasing an additional 176 shares in the last quarter. First Horizon Corp lifted its position in shares of Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company's stock worth $35,000 after purchasing an additional 178 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Entegris during the fourth quarter worth $29,000. Finally, Elevated Capital Advisors LLC acquired a new position in shares of Entegris during the first quarter worth $44,000.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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