James Lederer Sells 3,569 Shares of Entegris (NASDAQ:ENTG) Stock

Entegris, Inc. (NASDAQ:ENTG) Director James Lederer sold 3,569 shares of Entegris stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the completion of the transaction, the director directly owned 18,277 shares in the company, valued at $2,624,394.43. This trade represents a 16.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Entegris Price Performance

Shares of Entegris stock opened at $125.41 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05. The business’s 50 day simple moving average is $136.25 and its two-hundred day simple moving average is $116.37. The stock has a market capitalization of $19.13 billion, a P/E ratio of 72.49, a price-to-earnings-growth ratio of 1.74 and a beta of 1.37. Entegris, Inc. has a one year low of $67.97 and a one year high of $159.15.

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

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s payout ratio is 23.12%.

Institutional Investors Weigh In On Entegris

Several hedge funds have recently made changes to their positions in ENTG. California Public Employees Retirement System boosted its position in shares of Entegris by 7.5% during the second quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock valued at $15,573,000 after purchasing an additional 13,544 shares in the last quarter. Squarepoint Ops LLC boosted its position in shares of Entegris by 66.3% during the second quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock valued at $3,680,000 after purchasing an additional 18,195 shares in the last quarter. Treasurer of the State of North Carolina boosted its position in shares of Entegris by 1.6% during the second quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company’s stock valued at $5,647,000 after purchasing an additional 1,114 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of Entegris by 3.8% during the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock valued at $16,196,000 after purchasing an additional 7,292 shares in the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in shares of Entegris during the second quarter valued at approximately $241,000.

Wall Street Analysts Forecast Growth

ENTG has been the topic of a number of analyst reports. Mizuho lifted their price target on Entegris from $175.00 to $180.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. KeyCorp boosted their target price on Entegris from $111.00 to $156.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. UBS Group boosted their target price on Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Zacks Research cut Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Finally, Needham & Company LLC boosted their target price on Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Seven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $154.33.

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.