Brokerages Set Entegris, Inc. (NASDAQ:ENTG) Target Price at $170.89

Shares of Entegris, Inc. (NASDAQ:ENTG) have been given an average recommendation of “Buy” by the twelve research firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, nine have given a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $170.8889.

Several analysts have weighed in on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Wall Street Zen cut Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Mizuho lifted their target price on Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. BMO Capital Markets upped their target price on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Finally, Needham & Company LLC increased their price target on shares of Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th.

Insider Activity

In related news, SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total transaction of $644,103.68. Following the completion of the transaction, the senior vice president directly owned 50,297 shares in the company, valued at $8,272,850.56. The trade was a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Susan G. Rice sold 2,062 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total transaction of $308,310.24. Following the completion of the sale, the senior vice president directly owned 66,976 shares in the company, valued at approximately $10,014,251.52. The trade was a 2.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 7,978 shares of company stock valued at $1,273,734 in the last ninety days. Insiders own 0.53% of the company’s stock.

Hedge Funds Weigh In On Entegris

A number of institutional investors have recently modified their holdings of the stock. Legal & General Group Plc grew its stake in shares of Entegris by 2.6% during the 4th quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company’s stock worth $41,661,000 after purchasing an additional 12,348 shares during the period. Norges Bank acquired a new position in shares of Entegris in the 4th quarter valued at $158,669,000. Natixis Advisors LLC boosted its holdings in Entegris by 15.0% during the fourth quarter. Natixis Advisors LLC now owns 420,758 shares of the semiconductor company’s stock worth $35,449,000 after buying an additional 54,973 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Entegris by 122.0% during the fourth quarter. BNP Paribas Financial Markets now owns 455,882 shares of the semiconductor company’s stock worth $38,408,000 after buying an additional 250,574 shares in the last quarter. Finally, Jefferies Financial Group Inc. acquired a new stake in Entegris during the fourth quarter valued at $1,395,000.

Entegris Stock Performance

Shares of Entegris stock opened at $140.37 on Friday. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83. Entegris has a 12-month low of $67.97 and a 12-month high of $186.94. The firm has a market capitalization of $21.41 billion, a price-to-earnings ratio of 70.54, a PEG ratio of 1.29 and a beta of 1.37. The firm’s 50 day simple moving average is $139.32 and its two-hundred day simple moving average is $138.30.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. The business had revenue of $883.20 million during the quarter, compared to analysts’ expectations of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The business’s quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter last year, the company posted $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Analysts predict that Entegris will post 3.91 EPS for the current year.

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date was Wednesday, July 29th. Entegris’s 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.