Entegris (NASDAQ:ENTG) Hits New 12-Month High After Dividend Announcement

Shares of Entegris, Inc. (NASDAQ:ENTG) hit a new 52-week high during trading on Thursday following a dividend announcement from the company. The stock traded as high as $118.00 and last traded at $113.3490, with a volume of 832174 shares changing hands. The stock had previously closed at $104.09.

The newly announced dividend which will be paid on Wednesday, February 18th. Investors of record on Wednesday, January 28th will be issued a dividend of $0.10 per share. The ex-dividend date is Wednesday, January 28th. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. Entegris’s payout ratio is currently 21.16%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on ENTG shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Entegris in a research note on Monday, December 29th. Mizuho dropped their price objective on Entegris from $108.00 to $96.00 and set an “outperform” rating on the stock in a research note on Thursday, November 20th. Zacks Research upgraded Entegris from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 30th. The Goldman Sachs Group cut Entegris from a “neutral” rating to a “sell” rating and decreased their target price for the company from $88.00 to $75.00 in a research note on Monday, December 15th. Finally, KeyCorp raised their price target on Entegris from $107.00 to $111.00 and gave the stock an “overweight” rating in a research report on Friday, January 9th. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $95.57.

Entegris Price Performance

The stock has a market cap of $17.21 billion, a price-to-earnings ratio of 60.07 and a beta of 1.31. The company has a 50 day simple moving average of $86.55 and a 200-day simple moving average of $86.84. The company has a current ratio of 3.44, a quick ratio of 2.13 and a debt-to-equity ratio of 0.99.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Thursday, October 30th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.72. Entegris had a return on equity of 11.61% and a net margin of 8.95%.The business had revenue of $807.10 million during the quarter, compared to the consensus estimate of $804.63 million. During the same period last year, the company earned $0.77 earnings per share. Entegris’s quarterly revenue was down .1% on a year-over-year basis. Entegris has set its Q4 2025 guidance at 0.620-0.690 EPS. Research analysts expect that Entegris, Inc. will post 3.51 EPS for the current year.

Insider Buying and Selling at Entegris

In other news, SVP Joseph Colella sold 3,577 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $88.41, for a total value of $316,242.57. Following the sale, the senior vice president owned 34,364 shares of the company’s stock, valued at $3,038,121.24. The trade was a 9.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Bertrand Loy sold 57,570 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $76.88, for a total transaction of $4,425,981.60. Following the completion of the transaction, the insider directly owned 305,820 shares of the company’s stock, valued at approximately $23,511,441.60. This trade represents a 15.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 63,643 shares of company stock valued at $4,966,433 over the last ninety days. 0.67% of the stock is currently owned by company insiders.

Institutional Trading of Entegris

Hedge funds and other institutional investors have recently modified their holdings of the stock. AdvisorNet Financial Inc boosted its position in shares of Entegris by 3,869.8% during the 2nd quarter. AdvisorNet Financial Inc now owns 5,002 shares of the semiconductor company’s stock worth $403,000 after acquiring an additional 4,876 shares in the last quarter. Congress Asset Management Co. raised its position in Entegris by 17.9% during the third quarter. Congress Asset Management Co. now owns 182,906 shares of the semiconductor company’s stock valued at $16,912,000 after purchasing an additional 27,813 shares in the last quarter. Resona Asset Management Co. Ltd. lifted its stake in Entegris by 3.3% during the second quarter. Resona Asset Management Co. Ltd. now owns 48,999 shares of the semiconductor company’s stock worth $3,963,000 after purchasing an additional 1,567 shares during the last quarter. Citigroup Inc. boosted its holdings in shares of Entegris by 37.4% in the 2nd quarter. Citigroup Inc. now owns 1,040,349 shares of the semiconductor company’s stock valued at $83,904,000 after purchasing an additional 283,402 shares in the last quarter. Finally, Bank of Montreal Can boosted its holdings in shares of Entegris by 6.1% in the 2nd quarter. Bank of Montreal Can now owns 147,232 shares of the semiconductor company’s stock valued at $11,874,000 after purchasing an additional 8,425 shares in the last quarter.

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.