Entegris (NASDAQ:ENTG – Get Free Report) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Wednesday,Zacks.com reports.
ENTG has been the topic of several other reports. BMO Capital Markets raised their target price on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Freedom Capital upgraded Entegris to a “strong-buy” rating in a research note on Monday. Wall Street Zen raised Entegris from a “buy” rating to a “strong-buy” rating in a research report on Sunday, July 12th. Oppenheimer restated an “outperform” rating and set a $160.00 price objective on shares of Entegris in a research note on Friday, May 1st. Finally, Citigroup reaffirmed a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Entegris has a consensus rating of “Moderate Buy” and a consensus target price of $165.56.
Check Out Our Latest Research Report on ENTG
Entegris Trading Down 2.0%
Entegris (NASDAQ:ENTG – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The business had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. During the same period last year, the firm earned $0.66 earnings per share. Entegris’s revenue for the quarter was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, sell-side analysts forecast that Entegris will post 3.91 EPS for the current year.
Insider Buying and Selling at Entegris
In other news, Director James P. Lederer sold 3,569 shares of Entegris stock in a transaction 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 transaction, the director owned 18,277 shares in the company, valued at approximately $2,624,394.43. This trade represents a 16.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Olivier Blachier sold 2,000 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $140.04, for a total value of $280,080.00. Following the transaction, the senior vice president directly owned 34,897 shares of the company’s stock, valued at $4,886,975.88. This trade represents a 5.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 44,466 shares of company stock valued at $6,186,624. 0.53% of the stock is currently owned by insiders.
Institutional Trading of Entegris
Several large investors have recently bought and sold shares of the business. Legal & General Group Plc increased its stake in shares of Entegris by 2.6% in the fourth quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company’s stock valued at $41,661,000 after buying an additional 12,348 shares during the period. Norges Bank acquired a new position in shares of Entegris in the fourth quarter worth approximately $158,669,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Entegris by 20.9% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 202,196 shares of the semiconductor company’s stock worth $17,035,000 after acquiring an additional 34,894 shares during the period. Natixis Advisors LLC boosted its holdings in Entegris by 15.0% in the fourth quarter. Natixis Advisors LLC now owns 420,758 shares of the semiconductor company’s stock valued at $35,449,000 after acquiring an additional 54,973 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in Entegris by 122.0% in the fourth quarter. BNP Paribas Financial Markets now owns 455,882 shares of the semiconductor company’s stock valued at $38,408,000 after acquiring an additional 250,574 shares during the last quarter.
Entegris News Summary
Here are the key news stories impacting Entegris this week:
- Positive Sentiment: Entegris exceeded second-quarter expectations, reporting adjusted earnings of $0.93 per share versus the $0.82 consensus estimate and revenue of $883.2 million versus expectations of $835.8 million. Revenue increased 11.5% year over year, supported by semiconductor and AI-related demand. Entegris Q2 Earnings Beat on AI Demand and Advanced Purity Solutions
- Positive Sentiment: Management’s outlook remains constructive, with third-quarter EPS guidance of $0.96 to $1.04. Strong bookings, advanced-purity solutions and capacity expansion are improving visibility into 2027 and supporting expectations for stronger margins and cash flow. Entegris Q2 Earnings Call Highlights AI Demand and Capacity Expansion
- Positive Sentiment: Needham raised its price target to $170 from $165 and maintained a Buy rating, while Freedom Capital upgraded the stock. These actions indicate continued analyst confidence in Entegris’ AI and semiconductor-cycle exposure. Needham Raises Entegris Price Target
- Neutral Sentiment: Analysts view Entegris as a high-quality beneficiary of semiconductor investment, but opinions remain divided on whether its business momentum is already reflected in the share price. Entegris Could Be 12% Undervalued Following Q2 Results and Guidance
- Negative Sentiment: Valuation is the main pressure point. With a high earnings multiple, investors may be taking profits or demanding stronger upside before bidding the stock higher, despite the earnings beat and favorable outlook. Entegris: Great Business, Same Valuation Problem
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.
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