Oppenheimer Begins Coverage on Entegris (NASDAQ:ENTG)

Key Points

• Oppenheimer has initiated coverage on Entegris with a "market perform" rating and a price target of $95.00, suggesting a potential upside of 19.53% from its previous close.
• Entegris reported $0.66 EPS for its latest quarter, surpassing expectations, with a revenue of $792.40 million, despite a year-over-year decline of 2.5%.
• The average target price for Entegris among analysts is $105.30, with a consensus rating of "Moderate Buy" and a mix of buy and hold ratings from seven analysts.

Oppenheimer began coverage on shares of Entegris (NASDAQ:ENTG - Free Report) in a research report released on Thursday, Marketbeat Ratings reports. The firm issued a market perform rating and a $95.00 price objective on the semiconductor company's stock.

A number of other equities analysts have also commented on the company. Wall Street Zen lowered Entegris from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. KeyCorp restated an "overweight" rating and set a $103.00 price target (down from $112.00) on shares of Entegris in a research note on Thursday, July 31st. Mizuho boosted their price target on Entegris from $90.00 to $98.00 and gave the company an "outperform" rating in a research note on Tuesday, July 15th. The Goldman Sachs Group initiated coverage on Entegris in a research note on Thursday, July 10th. They set a "neutral" rating and a $85.00 price target on the stock. Finally, UBS Group lowered their price target on Entegris from $95.00 to $90.00 and set a "neutral" rating on the stock in a research note on Thursday, July 31st. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Entegris has an average rating of "Moderate Buy" and an average price target of $105.30.

Entegris Stock Performance

Shares of Entegris stock traded up $0.16 during trading on Thursday, reaching $82.14. The company's stock had a trading volume of 1,247,083 shares, compared to its average volume of 3,259,894. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.95 and a current ratio of 3.30. The business's fifty day moving average price is $83.25 and its 200-day moving average price is $82.46. The firm has a market cap of $12.45 billion, a price-to-earnings ratio of 42.34 and a beta of 1.29. Entegris has a one year low of $60.75 and a one year high of $117.88.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.01. The business had revenue of $792.40 million for the quarter, compared to analyst estimates of $753.85 million. Entegris had a return on equity of 12.05% and a net margin of 9.17%.The firm's revenue for the quarter was down 2.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.71 earnings per share. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. As a group, equities research analysts predict that Entegris will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Wednesday, July 30th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Wednesday, July 30th. Entegris's dividend payout ratio is currently 20.62%.

Insider Activity at Entegris

In other news, SVP Susan G. Rice sold 8,858 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $79.84, for a total value of $707,222.72. Following the sale, the senior vice president directly owned 56,912 shares in the company, valued at approximately $4,543,854.08. This represents a 13.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Clinton M. Haris sold 3,627 shares of the company's stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $90.00, for a total value of $326,430.00. Following the completion of the sale, the senior vice president owned 37,743 shares in the company, valued at approximately $3,396,870. This represents a 8.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.61% of the company's stock.

Institutional Investors Weigh In On Entegris

Several large investors have recently modified their holdings of ENTG. Comerica Bank grew its stake in shares of Entegris by 3.8% in the 4th quarter. Comerica Bank now owns 16,323 shares of the semiconductor company's stock valued at $1,617,000 after purchasing an additional 597 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Entegris by 32.2% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 9,837 shares of the semiconductor company's stock worth $974,000 after acquiring an additional 2,394 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Entegris by 25.2% in the 4th quarter. BNP Paribas Financial Markets now owns 220,365 shares of the semiconductor company's stock worth $21,829,000 after acquiring an additional 44,292 shares in the last quarter. Captrust Financial Advisors boosted its holdings in shares of Entegris by 16.4% in the 4th quarter. Captrust Financial Advisors now owns 22,399 shares of the semiconductor company's stock worth $2,219,000 after acquiring an additional 3,156 shares in the last quarter. Finally, Bridgefront Capital LLC acquired a new position in shares of Entegris in the 4th quarter worth approximately $211,000.

Entegris Company Profile

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).