Entegris (NASDAQ:ENTG) Stock Price Down 6.8% - Here's Why

Key Points

• Entegris stock experienced a significant decline of 6.8%, closing at $93.42, down from a previous close of $100.26 with trading volume decreasing 76% from its average.
• Despite the recent drop, several analysts have issued a consensus rating of "Moderate Buy" with an average price target of $106.30, indicating potential upside in the future.
• The company recently reported earnings of $0.66 EPS, surpassing estimates, and announced a quarterly dividend yielding 0.4%, suggesting ongoing shareholder return strategies.

Entegris, Inc. (NASDAQ:ENTG - Get Free Report) traded down 6.8% during trading on Tuesday . The company traded as low as $93.91 and last traded at $93.42. 751,473 shares were traded during trading, a decline of 76% from the average session volume of 3,168,324 shares. The stock had previously closed at $100.26.

Wall Street Analyst Weigh In

Several equities analysts have commented on ENTG shares. Mizuho increased their price target on Entegris from $100.00 to $108.00 and gave the company an "outperform" rating in a report on Friday. The Goldman Sachs Group began coverage on shares of Entegris in a research note on Thursday, July 10th. They issued a "neutral" rating and a $85.00 target price on the stock. Zacks Research raised shares of Entegris from a "strong sell" rating to a "hold" rating in a research report on Friday. Wall Street Zen raised Entegris from a "sell" rating to a "hold" rating in a research report on Friday. Finally, Oppenheimer started coverage on Entegris in a research note on Thursday, September 4th. They issued a "market perform" rating and a $95.00 price objective on the stock. Seven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Entegris presently has a consensus rating of "Moderate Buy" and an average price target of $106.30.

Entegris Price Performance

The company has a market cap of $13.99 billion, a P/E ratio of 47.57 and a beta of 1.38. The stock has a 50-day simple moving average of $84.77 and a 200 day simple moving average of $81.32. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.95 and a current ratio of 3.30.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.01. The firm had revenue of $792.40 million for the quarter, compared to analyst estimates of $753.85 million. Entegris had a net margin of 9.17% and a return on equity of 12.05%. The business's revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.71 EPS. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. On average, equities analysts expect that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Wednesday, July 30th were issued a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, July 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.4%. Entegris's dividend payout ratio is presently 20.62%.

Insider Buying and Selling at Entegris

In other Entegris news, SVP Clinton M. Haris sold 3,627 shares of the company's stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $90.00, for a total value of $326,430.00. Following the sale, the senior vice president directly owned 37,743 shares in the company, valued at $3,396,870. This represents a 8.77% 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 Susan G. Rice sold 8,858 shares of Entegris stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $79.84, for a total value of $707,222.72. Following the transaction, the senior vice president directly owned 56,912 shares of the company's stock, valued at approximately $4,543,854.08. The trade was a 13.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. GAMMA Investing LLC increased its holdings in Entegris by 11.4% during the 3rd quarter. GAMMA Investing LLC now owns 2,902 shares of the semiconductor company's stock valued at $268,000 after purchasing an additional 298 shares in the last quarter. Osaic Holdings Inc. increased its holdings in shares of Entegris by 64.2% in the second quarter. Osaic Holdings Inc. now owns 11,712 shares of the semiconductor company's stock valued at $977,000 after purchasing an additional 4,579 shares in the last quarter. Orion Porfolio Solutions LLC raised its position in Entegris by 6.0% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 73,538 shares of the semiconductor company's stock worth $5,931,000 after purchasing an additional 4,175 shares during the last quarter. Squarepoint Ops LLC lifted its holdings in Entegris by 66.3% during the 2nd quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company's stock worth $3,680,000 after buying an additional 18,195 shares in the last quarter. Finally, Coppell Advisory Solutions LLC bought a new position in Entegris in the 2nd quarter valued at $2,025,000.

About Entegris

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).

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