Entegris (NASDAQ:ENTG) Upgraded by Wall Street Zen to “Strong-Buy” Rating

Wall Street Zen upgraded shares of Entegris (NASDAQ:ENTG) from a hold rating to a strong-buy rating in a research note issued to investors on Saturday morning.

A number of other equities analysts have also weighed in on the company. Needham & Company LLC increased their price target on Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. BMO Capital Markets restated an “outperform” rating and set a $148.00 price objective on shares of Entegris in a report on Wednesday, February 11th. Weiss Ratings raised shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday. Mizuho set a $175.00 target price on shares of Entegris in a research report on Friday, May 1st. Finally, UBS Group boosted their price target on shares of Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a report on Friday, May 1st. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $153.78.

Entegris Price Performance

NASDAQ ENTG opened at $149.11 on Friday. Entegris has a 1 year low of $66.32 and a 1 year high of $159.15. The business’s fifty day moving average is $129.19 and its two-hundred day moving average is $109.31. The stock has a market capitalization of $22.74 billion, a P/E ratio of 86.19, a P/E/G ratio of 1.86 and a beta of 1.39. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.05 and a current ratio of 3.21.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.11. The business had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The company’s revenue was up 5.0% compared to the same quarter last year. During the same period last year, the company posted $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, research analysts forecast that Entegris will post 3.59 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, April 29th. Entegris’s dividend payout ratio is currently 23.12%.

Insider Activity

In other news, SVP Daniel D. Woodland sold 30,474 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $130.65, for a total value of $3,981,428.10. Following the completion of the sale, the senior vice president directly owned 46,904 shares of the company’s stock, valued at $6,128,007.60. This represents a 39.38% 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. Also, insider Bertrand Loy sold 44,138 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $144.41, for a total transaction of $6,373,968.58. Following the sale, the insider owned 227,527 shares of the company’s stock, valued at approximately $32,857,174.07. This represents a 16.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 218,395 shares of company stock worth $30,165,611. Corporate insiders own 0.53% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ENTG. California Public Employees Retirement System increased its stake in shares of Entegris by 7.5% in the second quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock worth $15,573,000 after acquiring an additional 13,544 shares during the last quarter. Squarepoint Ops LLC boosted its position in 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 during the last quarter. Treasurer of the State of North Carolina boosted its position in 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 during the last quarter. Alliancebernstein L.P. grew its stake in Entegris by 3.8% in 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 purchased a new position in Entegris in the second quarter valued at about $241,000.

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.