Entegris (NASDAQ:ENTG) Stock Crosses Above 200-Day Moving Average - Here's Why

Key Points

• Entegris shares crossed above their 200-day moving average, reaching $142.20 before closing at $140.22, up 4.2% in the session.
• Analysts remain optimistic, with the stock carrying an average “Buy” rating and a consensus price target of $181.67; several firms recently raised their targets as high as $215.
• The company exceeded quarterly expectations, reporting $0.93 in adjusted earnings per share and $883.2 million in revenue, while revenue rose 11.5% year over year. Entegris also declared a $0.10 quarterly dividend, equal to a 0.3% yield.

Entegris, Inc. (NASDAQ:ENTG - Get Free Report) passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $136.74 and traded as high as $142.20. Entegris shares last traded at $140.22, with a volume of 2,612,254 shares.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on ENTG shares. Freedom Capital raised Entegris to a "strong-buy" rating in a research note on Monday, August 3rd. Mizuho increased their price objective on shares of Entegris from $180.00 to $200.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 1st. Stifel Nicolaus assumed coverage on Entegris in a report on Wednesday, October 7th. They set a "buy" rating and a $200.00 target price on the stock. Needham & Company LLC lifted their price target on shares of Entegris from $165.00 to $170.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Finally, UBS Group increased their target price on Entegris from $205.00 to $215.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Buy" and an average target price of $181.67.

Entegris Trading Up 4.2%

The firm has a 50-day moving average of $145.89 and a 200 day moving average of $136.74. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $21.38 billion, a price-to-earnings ratio of 70.46, a PEG ratio of 1.23 and a beta of 1.40.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.11. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The business had revenue of $883.20 million during the quarter, compared to the consensus estimate of $835.79 million. During the same quarter in the prior year, the company posted $0.66 earnings per share. The company's quarterly revenue was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, equities analysts predict that Entegris, Inc. will post 3.93 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 18th. Stockholders of record on Wednesday, October 28th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, October 28th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris's dividend payout ratio (DPR) is currently 20.10%.

Insider Buying and Selling

In related news, insider Olivier Blachier sold 2,000 shares of Entegris stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $160.66, for a total value of $321,320.00. Following the transaction, the insider owned 34,997 shares of the company's stock, valued at approximately $5,622,618.02. This trade represents a 5.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of Entegris stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $164.48, for a total transaction of $644,103.68. Following the completion of the transaction, the senior vice president directly owned 50,297 shares in the company, valued at approximately $8,272,850.56. This trade represents a 7.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 7,978 shares of company stock valued at $1,273,734. 0.53% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in shares of Entegris during the second quarter worth $3,683,556,000. Principal Financial Group Inc. grew its stake in Entegris by 1.2% in the 1st 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 last quarter. Primecap Management Co. CA bought a new position in Entegris in the 2nd quarter worth $562,141,000. Bank of America Corp DE bought a new position in shares of Entegris in the second quarter worth about $489,403,000. Finally, Barrow Hanley Mewhinney & Strauss LLC bought a new position in Entegris in the 2nd quarter worth approximately $486,101,000.

Entegris Company Profile

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.

The company's products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.

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