Entegris (NASDAQ:ENTG) Downgraded by Wall Street Zen to Buy

Key Points

• Wall Street Zen downgraded Entegris from “strong buy” to “buy,” while broader analyst sentiment remains “Moderate Buy” with an average price target of $165.56.
• Entegris reported quarterly EPS of $0.93, beating estimates of $0.82, while revenue rose 11.5% year over year to $883.2 million. The company guided for third-quarter EPS of $0.96–$1.04.
• The stock was reported up 6.6%, but insiders sold 44,466 shares worth approximately $6.19 million over the past three months.

Entegris (NASDAQ:ENTG - Get Free Report) was downgraded by analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research report issued to clients and investors on Saturday.

Several other analysts have also issued reports on the company. BMO Capital Markets upped their target price on Entegris from $153.00 to $167.00 and gave the stock an "outperform" 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. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Entegris in a research report on Monday. Deutsche Bank Aktiengesellschaft set a $152.00 price objective on Entegris in a research note on Wednesday. Finally, The Goldman Sachs Group reissued a "sell" rating and issued a $115.00 price objective on shares of Entegris in a report on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Entegris currently has an average rating of "Moderate Buy" and an average price target of $165.56.

Entegris Stock Up 6.6%

Entegris stock opened at $152.08 on Friday. The company has a current ratio of 3.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.83. Entegris has a 1-year low of $67.97 and a 1-year high of $186.94. The company has a fifty day simple moving average of $144.96 and a 200 day simple moving average of $134.68. The company has a market cap of $23.19 billion, a P/E ratio of 76.42, a price-to-earnings-growth ratio of 1.32 and a beta of 1.35.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, topping 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 for the quarter, compared to analysts' expectations of $835.79 million. During the same period in the previous year, the firm posted $0.66 EPS. The company's revenue for the quarter was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Research analysts anticipate that Entegris will post 3.91 earnings per share for the current fiscal year.

Insider Buying and Selling at Entegris

In related news, Director James P. Lederer sold 3,569 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the sale, the director owned 18,277 shares in the company, valued at approximately $2,624,394.43. This represents a 16.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Clinton M. Haris sold 6,848 shares of the firm's stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total value of $1,021,927.04. Following the sale, the senior vice president directly owned 54,961 shares of the company's stock, valued at $8,201,830.03. This represents a 11.08% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 44,466 shares of company stock worth $6,186,624 in the last three months. 0.53% of the stock is owned by insiders.

Institutional Trading of Entegris

Several hedge funds and other institutional investors have recently modified their holdings of ENTG. Steph & Co. bought a new position in Entegris in the 4th quarter valued at about $25,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Entegris during the fourth quarter worth approximately $29,000. Millstone Evans Group LLC boosted its holdings in shares of Entegris by 191.3% during the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company's stock worth $31,000 after acquiring an additional 176 shares during the period. Johnson Financial Group Inc. grew its position in shares of Entegris by 147.5% in the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company's stock valued at $33,000 after purchasing an additional 236 shares during the last quarter. Finally, First Horizon Corp grew its position in shares of Entegris by 147.1% in the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company's stock valued at $35,000 after purchasing an additional 178 shares during 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.

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