Entegris (NASDAQ:ENTG) Raised to Strong-Buy at Wall Street Zen

Entegris (NASDAQ:ENTG) was upgraded by stock analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report issued on Sunday.

Other research analysts have also issued reports about the company. Mizuho upped their price objective on Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft lifted their target price on Entegris from $145.00 to $155.00 and gave the stock a “hold” rating in a report on Monday, July 6th. Oppenheimer restated an “outperform” rating and issued a $160.00 price target on shares of Entegris in a research note on Friday, May 1st. Needham & Company LLC upped their price target on shares of Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and set a $115.00 price target on shares of Entegris in a research report on Friday, May 1st. Seven analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $164.22.

Entegris Stock Performance

Shares of NASDAQ:ENTG traded down $0.75 during trading on Friday, reaching $145.35. 1,442,159 shares of the stock were exchanged, compared to its average volume of 3,574,700. Entegris has a 12 month low of $67.97 and a 12 month high of $186.94. The firm has a market cap of $22.17 billion, a PE ratio of 84.02, a PEG ratio of 1.70 and a beta of 1.31. The stock has a 50-day moving average price of $147.62 and a 200-day moving average price of $129.28. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91.

Entegris (NASDAQ:ENTG) last announced its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11. The company had revenue of $811.90 million for 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 firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Research analysts expect that Entegris will post 3.63 EPS for the current fiscal year.

Insider Activity

In related news, SVP Olivier Blachier sold 2,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $140.04, for a total value of $280,080.00. Following the completion of the transaction, the senior vice president owned 34,897 shares of the company’s stock, valued at $4,886,975.88. The trade was a 5.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Joseph Colella sold 6,326 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $140.17, for a total transaction of $886,715.42. Following the sale, the senior vice president directly owned 50,121 shares of the company’s stock, valued at $7,025,460.57. This represents a 11.21% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 106,000 shares of company stock worth $14,999,860. 0.53% of the stock is owned by insiders.

Hedge Funds Weigh In On Entegris

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Principal Financial Group Inc. boosted its position in shares of Entegris by 1.2% during the 1st quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock worth $689,990,000 after acquiring an additional 68,152 shares in the last quarter. State Street Corp raised its position in Entegris by 1.2% during the fourth quarter. State Street Corp now owns 5,152,176 shares of the semiconductor company’s stock valued at $434,071,000 after purchasing an additional 61,549 shares in the last quarter. Durable Capital Partners LP lifted its stake in Entegris by 23.2% during the third quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock worth $348,115,000 after purchasing an additional 709,121 shares during the last quarter. Invesco Ltd. lifted its stake in Entegris by 13.4% during the fourth quarter. Invesco Ltd. now owns 3,592,669 shares of the semiconductor company’s stock worth $302,682,000 after purchasing an additional 424,812 shares during the last quarter. Finally, UBS Group AG boosted its holdings in shares of Entegris by 19.7% in the 3rd quarter. UBS Group AG now owns 3,405,183 shares of the semiconductor company’s stock valued at $314,843,000 after purchasing an additional 559,435 shares in the last quarter.

Entegris Company Profile

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.