Entegris (NASDAQ:ENTG) Shares Down 9.4% – Here’s What Happened

Entegris, Inc. (NASDAQ:ENTG) traded down 9.4% during trading on Tuesday . The company traded as low as $166.20 and last traded at $166.7160. 1,031,940 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 2,990,552 shares. The stock had previously closed at $184.00.

Wall Street Analyst Weigh In

ENTG has been the subject of several recent analyst reports. Wall Street Zen cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 30th. Zacks Research lowered shares of Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Mizuho boosted their target price on shares of Entegris from $175.00 to $180.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Oppenheimer reaffirmed an “outperform” rating and set a $160.00 price target on shares of Entegris in a report on Friday, May 1st. Finally, Citigroup reiterated a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. Seven research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Entegris has a consensus rating of “Moderate Buy” and an average target price of $154.33.

Entegris Stock Down 9.1%

The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91. The firm has a 50 day moving average of $144.28 and a two-hundred day moving average of $122.89. The firm has a market capitalization of $25.51 billion, a price-to-earnings ratio of 96.71, a price-to-earnings-growth ratio of 2.22 and a beta of 1.37.

Entegris (NASDAQ:ENTG) last issued its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.75 by $0.11. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The firm had revenue of $811.90 million during the quarter, compared to the consensus estimate of $808.72 million. During the same quarter in the previous year, the firm earned $0.67 earnings per share. The business’s quarterly revenue was up 5.0% on a year-over-year basis. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, sell-side analysts anticipate that Entegris, Inc. will post 3.6 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were given a $0.10 dividend. The ex-dividend date was Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. Entegris’s dividend payout ratio (DPR) is currently 23.12%.

Insider Activity

In other Entegris news, SVP Susan G. Rice sold 19,893 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $132.84, for a total transaction of $2,642,586.12. Following the sale, the senior vice president owned 69,038 shares of the company’s stock, valued at approximately $9,171,007.92. The trade was a 22.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Olivier Blachier sold 2,000 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $140.04, for a total transaction of $280,080.00. Following the transaction, the senior vice president owned 34,897 shares of the company’s stock, valued at $4,886,975.88. This trade represents a 5.42% 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 107,867 shares of company stock valued at $15,215,629. 0.53% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Entegris

Several large investors have recently bought and sold shares of the company. Ameriflex Group Inc. acquired a new position in shares of Entegris in the third quarter valued at approximately $25,000. Millstone Evans Group LLC raised its stake in shares of Entegris by 191.3% during the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 176 shares during the last quarter. Steph & Co. acquired a new position in shares of Entegris during the fourth quarter worth $25,000. First Horizon Corp grew its stake in shares of Entegris by 147.1% in the first 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. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Entegris in the fourth quarter worth $29,000.

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.