Entegris, Inc. (NASDAQ:ENTG) Given Consensus Rating of "Buy" by Analysts

Key Points

• Analysts broadly favor Entegris: Twelve firms assign the stock a consensus “Buy” rating, including nine buys and two strong buys, with an average 12-month price target of $170.89.
• Strong quarterly performance: Entegris reported adjusted EPS of $0.93, beating estimates by $0.11, while revenue rose 11.5% year over year to $883.2 million. The company guided to third-quarter EPS of $0.96–$1.04.
• Shares recently declined: Entegris opened at $137.40, down 3.9%, while insiders sold nearly 8,000 shares worth approximately $1.27 million during the past quarter. The company also paid a quarterly dividend of $0.10 per share, yielding about 0.3%.

Shares of Entegris, Inc. (NASDAQ:ENTG - Get Free Report) have been assigned a consensus rating of "Buy" from the twelve research firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $170.8889.

Several brokerages recently issued reports on ENTG. Zacks Research upgraded shares of Entegris from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 5th. BMO Capital Markets increased their price target on shares of Entegris from $153.00 to $167.00 and gave the stock an "outperform" rating in a research report on Monday, July 6th. Needham & Company LLC lifted their price target on shares of Entegris from $165.00 to $170.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft raised shares of Entegris from a "hold" rating to a "buy" rating and boosted their price objective for the company from $152.00 to $200.00 in a research report on Wednesday, August 12th. Finally, Freedom Capital upgraded Entegris to a "strong-buy" rating in a research note on Monday, August 3rd.

Insiders Place Their Bets

In other news, SVP Joseph Colella sold 3,916 shares of Entegris stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $164.48, for a total transaction of $644,103.68. Following the transaction, the senior vice president directly owned 50,297 shares of the company's stock, valued at $8,272,850.56. The trade was a 7.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Susan Rice sold 2,062 shares of the business's stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total value of $308,310.24. Following the transaction, the senior vice president owned 66,976 shares of the company's stock, valued at approximately $10,014,251.52. This trade represents a 2.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 7,978 shares of company stock worth $1,273,734 over the last quarter. 0.53% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Entegris

A number of hedge funds have recently modified their holdings of ENTG. California State Teachers Retirement System raised its holdings in Entegris by 17,158.0% during the second quarter. California State Teachers Retirement System now owns 40,736,671 shares of the semiconductor company's stock valued at $7,326,898,000 after acquiring an additional 40,500,626 shares during the period. BlackRock Inc. bought a new position in shares of Entegris in the second quarter worth about $3,683,556,000. Primecap Management Co. CA purchased a new stake in shares of Entegris during the second quarter worth about $562,141,000. Bank of America Corp DE purchased a new stake in shares of Entegris during the second quarter worth about $489,403,000. Finally, Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Entegris during the 2nd quarter valued at approximately $486,101,000.

Entegris Trading Down 3.9%

Shares of NASDAQ:ENTG opened at $137.40 on Friday. The stock has a market capitalization of $20.95 billion, a price-to-earnings ratio of 69.05, a PEG ratio of 1.32 and a beta of 1.37. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. The stock's 50-day simple moving average is $139.45 and its two-hundred day simple moving average is $138.27. Entegris has a 52-week low of $67.97 and a 52-week high of $186.94.

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, beating the consensus estimate of $0.82 by $0.11. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The firm had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. During the same quarter in the prior year, the firm earned $0.66 EPS. The business'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. Analysts expect that Entegris will post 3.91 EPS for the current year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, July 29th. Entegris's payout ratio is currently 20.10%.

Entegris Company Profile

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.

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