Entegris, Inc. (NASDAQ:ENTG) Stock Has Average Price Target of $170.89 According to Brokerages

Key Points

• Analysts remain bullish on Entegris: Twelve brokerages give the stock an average “Buy” rating, with a consensus 12-month price target of $170.89. Recent targets range from $170 at Needham to $200 at Mizuho.
• Latest results exceeded expectations: Entegris reported quarterly EPS of $0.93 versus the $0.82 consensus estimate and revenue of $883.2 million, up 11.5% year over year. The company guided for third-quarter EPS of $0.96–$1.04.
• Shares trade near $167 amid insider selling: The stock opened at $166.92, compared with a 52-week range of $67.97–$186.94. Insiders sold 7,978 shares worth approximately $1.27 million over the past three months, while institutional investors generally increased their positions.

Shares of Entegris, Inc. (NASDAQ:ENTG - Get Free Report) have been given an average rating of "Buy" by the twelve ratings firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, nine have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $170.89.

Several equities research analysts have commented on ENTG shares. Wall Street Zen lowered Entegris from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 8th. Needham & Company LLC raised their target price on Entegris from $165.00 to $170.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Mizuho lifted their price target on Entegris from $180.00 to $200.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 1st. Zacks Research upgraded Entegris from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 5th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Entegris in a research note on Monday, August 3rd.

Insider Transactions at Entegris

In related news, SVP Susan G. Rice sold 2,062 shares of the company's stock in a transaction dated 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 owned 66,976 shares of the company's stock, valued at approximately $10,014,251.52. This represents a 2.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Olivier Blachier sold 2,000 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $160.66, for a total transaction of $321,320.00. Following the completion of the sale, the insider owned 34,997 shares of the company's stock, valued at approximately $5,622,618.02. The trade was a 5.41% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 7,978 shares of company stock valued at $1,273,734. Corporate insiders own 0.53% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ENTG. Versant Capital Management Inc increased its holdings in shares of Entegris by 76.8% in the third quarter. Versant Capital Management Inc now owns 794 shares of the semiconductor company's stock valued at $122,000 after purchasing an additional 345 shares during the last quarter. Burkett Financial Services LLC boosted its stake in Entegris by 436.9% during the third quarter. Burkett Financial Services LLC now owns 349 shares of the semiconductor company's stock worth $54,000 after buying an additional 284 shares during the last quarter. QRG Capital Management Inc. grew its holdings in Entegris by 13.5% in the 2nd quarter. QRG Capital Management Inc. now owns 14,286 shares of the semiconductor company's stock valued at $2,569,000 after buying an additional 1,701 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in Entegris by 17.7% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 4,010 shares of the semiconductor company's stock valued at $721,000 after buying an additional 603 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of Entegris by 23.4% in the 2nd quarter. NewEdge Advisors LLC now owns 10,007 shares of the semiconductor company's stock worth $1,800,000 after acquiring an additional 1,898 shares during the last quarter.

Entegris Stock Performance

ENTG opened at $166.92 on Tuesday. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83. The company has a market cap of $25.46 billion, a price-to-earnings ratio of 83.88, a PEG ratio of 1.53 and a beta of 1.40. Entegris has a 52-week low of $67.97 and a 52-week high of $186.94. The firm's fifty day simple moving average is $142.53 and its two-hundred day simple moving average is $141.11.

Entegris (NASDAQ:ENTG - Get Free Report) last released its 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 during the quarter, compared to analysts' expectations of $835.79 million. During the same quarter in the previous year, the company earned $0.66 earnings per share. The company's quarterly revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Equities analysts anticipate that Entegris will post 3.92 earnings per share for the current fiscal year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Wednesday, July 29th. Entegris's dividend payout ratio is 20.10%.

About Entegris

Entegris, Inc is a global supplier of advanced materials and process solutions used in the semiconductor and other high-technology industries. The company helps manufacturers protect, purify, transport and process the highly sensitive materials used to produce integrated circuits, memory devices and other electronic components.

Its products and services include specialty chemicals and gases, liquid and gas filtration systems, wafer-handling and wafer-shipping products, contamination-control solutions, chemical-mechanical planarization materials, deposition materials and solutions for semiconductor packaging.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.