Entegris (NASDAQ:ENTG) Trading 5.9% Higher - Still a Buy?

Key Points

• Entegris shares rose 5.9% to about $138.44 in light-volume trading, while analysts maintained a consensus “Buy” rating and an average price target of $170.89.
• The company exceeded quarterly expectations, reporting $0.93 in EPS versus $0.82 expected and $883.2 million in revenue versus $835.8 million expected; revenue increased 11.5% year over year.
• Entegris pays a quarterly dividend of $0.10 per share, equivalent to a 0.3% yield, while recent insider activity has been net selling and institutional investors made significant new or expanded investments.

Entegris, Inc. (NASDAQ:ENTG - Get Free Report) traded up 5.9% during mid-day trading on Friday . The company traded as high as $138.20 and last traded at $138.4440. Approximately 285,839 shares were traded during trading, a decline of 90% from the average session volume of 2,943,402 shares. The stock had previously closed at $130.70.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ENTG. Needham & Company LLC increased their price target on Entegris from $165.00 to $170.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Zacks Research raised Entegris from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft upgraded Entegris from a "hold" rating to a "buy" rating and increased their target price for the company from $152.00 to $200.00 in a research report on Wednesday, August 12th. Mizuho lifted their price target on shares of Entegris from $180.00 to $200.00 and gave the company an "outperform" rating in a research note on Wednesday, July 1st. Finally, BMO Capital Markets upped their price objective on shares of Entegris from $153.00 to $167.00 and gave the stock an "outperform" rating in a research report on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $170.89.

Entegris Stock Up 6.0%

The stock has a market capitalization of $21.13 billion, a price-to-earnings ratio of 69.59, a price-to-earnings-growth ratio of 1.21 and a beta of 1.37. The business's 50-day moving average is $141.95 and its two-hundred day moving average is $137.99. 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 - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, beating analysts' consensus estimates of $0.82 by $0.11. The company had revenue of $883.20 million during 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 in the prior year, the firm earned $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Equities analysts anticipate that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a $0.40 annualized dividend and a yield of 0.3%. Entegris's dividend payout ratio is presently 20.10%.

Insider Transactions at Entegris

In other Entegris news, SVP Susan G. Rice sold 2,062 shares of the firm's stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total value of $308,310.24. Following the sale, the senior vice president directly owned 66,976 shares in the company, valued at $10,014,251.52. This trade represents a 2.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Olivier Blachier sold 2,000 shares of the business's stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $160.66, for a total value of $321,320.00. Following the sale, the insider owned 34,997 shares of the company's stock, valued at approximately $5,622,618.02. The trade was a 5.41% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 7,978 shares of company stock valued at $1,273,734. 0.53% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System grew its position in Entegris by 17,158.0% during the second quarter. California State Teachers Retirement System now owns 40,736,671 shares of the semiconductor company's stock worth $7,326,898,000 after buying an additional 40,500,626 shares during the period. BlackRock Inc. acquired a new position in shares of Entegris during the 2nd quarter valued at $3,683,556,000. Primecap Management Co. CA purchased a new stake in shares of Entegris in the second quarter worth about $562,141,000. Bank of America Corp DE acquired a new stake in Entegris in the second quarter valued at approximately $489,403,000. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Entegris during the 2nd quarter valued at $486,101,000.

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.

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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