Entegris Target of Unusually High Options Trading (NASDAQ:ENTG)

Entegris, Inc. (NASDAQ:ENTG) saw unusually large options trading on Monday. Stock investors purchased 5,962 call options on the company. This represents an increase of approximately 200% compared to the typical volume of 1,985 call options.

Insider Transactions at Entegris

In other news, insider Olivier Blachier sold 2,000 shares of the company’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 transaction, the insider owned 34,997 shares of the company’s stock, valued at approximately $5,622,618.02. This represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan Rice sold 2,062 shares of the stock in a transaction that occurred 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 transaction, the senior vice president owned 66,976 shares in the company, valued at approximately $10,014,251.52. This trade represents a 2.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 7,978 shares of company stock worth $1,273,734 over the last quarter. Company insiders own 0.53% of the company’s stock.

Institutional Trading of Entegris

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ancora Advisors LLC lifted its position in Entegris by 85.1% during the 2nd quarter. Ancora Advisors LLC now owns 174 shares of the semiconductor company’s stock worth $31,000 after acquiring an additional 80 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of Entegris by 0.3% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock valued at $2,645,000 after purchasing an additional 100 shares during the period. Parvin Asset Management LLC increased its holdings in shares of Entegris by 19.2% in the first quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock valued at $87,000 after purchasing an additional 120 shares during the period. Lido Advisors LLC lifted its holdings in shares of Entegris by 1.5% during the first quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company’s stock worth $1,002,000 after purchasing an additional 125 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC lifted its holdings in shares of Entegris by 0.4% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock worth $2,858,000 after purchasing an additional 127 shares during the period.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ENTG. Deutsche Bank Aktiengesellschaft raised Entegris from a “hold” rating to a “buy” rating and lifted their target price for the stock from $152.00 to $200.00 in a report on Wednesday, August 12th. Freedom Capital raised shares of Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. Needham & Company LLC lifted their price objective 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. UBS Group boosted 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. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $170.89.

Entegris Price Performance

Shares of NASDAQ:ENTG traded down $9.21 during trading on Monday, hitting $131.16. 679,169 shares of the company were exchanged, compared to its average volume of 2,910,853. 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 company has a market capitalization of $20.00 billion, a P/E ratio of 65.90, a price-to-earnings-growth ratio of 1.29 and a beta of 1.37. Entegris has a 1-year low of $67.97 and a 1-year high of $186.94. The business’s 50 day moving average is $139.32 and its 200-day moving average is $138.30.

Entegris (NASDAQ:ENTG) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.11. The firm 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%. The company’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Equities analysts forecast that Entegris will post 3.91 earnings per share for the current year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th were issued a $0.10 dividend. The ex-dividend date 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%.

About Entegris

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced electronic devices. Its offerings are designed to help manufacturers manage contamination, control critical process environments and improve the performance and reliability of production processes.

The company’s products include specialty chemicals and gases, liquid and gas filtration systems, wafer-handling and storage products, contamination-control solutions, chemical-mechanical planarization materials, and deposition-related technologies.