Entegris (NASDAQ:ENTG) Upgraded at Barclays

Barclays upgraded shares of Entegris (NASDAQ:ENTG) to a strong-buy rating in a report released on Monday morning,Zacks reports.

Several other analysts have also recently commented on ENTG. BMO Capital Markets lifted their price objective on shares of Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Wall Street Zen lowered shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Mizuho raised their target price on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Finally, Needham & Company LLC raised their target price on shares of Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $178.33.

Entegris Trading Down 5.0%

Entegris stock opened at $153.08 on Monday. The stock has a 50-day moving average price of $147.71 and a 200 day moving average price of $143.32. The company has a market capitalization of $23.34 billion, a price-to-earnings ratio of 76.92, a price-to-earnings-growth ratio of 1.48 and a beta of 1.40. Entegris has a 52 week low of $67.97 and a 52 week high of $186.94. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share 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 company had revenue of $883.20 million for the quarter, compared to the consensus estimate of $835.79 million. During the same quarter in the prior year, the company earned $0.66 EPS. Entegris’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. Sell-side analysts anticipate that Entegris will post 3.93 EPS for the current year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 18th. Stockholders of record on Wednesday, October 28th will be paid a $0.10 dividend. The ex-dividend date is Wednesday, October 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s dividend payout ratio is presently 20.10%.

Insider Transactions at Entegris

In other Entegris news, SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $164.48, for a total value of $644,103.68. Following the completion of the transaction, the senior vice president directly owned 50,297 shares of the company’s stock, valued at approximately $8,272,850.56. The trade was a 7.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Olivier Blachier sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the transaction, the insider directly owned 34,997 shares of the company’s stock, valued at $5,622,618.02. The trade was a 5.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 7,978 shares of company stock worth $1,273,734 over the last quarter. 0.53% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Entegris

Several institutional investors have recently made changes to their positions in ENTG. BlackRock Inc. acquired a new stake in Entegris during the second quarter valued at $3,683,556,000. Principal Financial Group Inc. increased its holdings in Entegris by 1.2% in the first quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock valued at $689,990,000 after buying an additional 68,152 shares in the last quarter. Primecap Management Co. CA acquired a new position in shares of Entegris in the second quarter worth about $562,141,000. Bank of America Corp DE acquired a new position in shares of Entegris in the second quarter worth about $489,403,000. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Entegris in the second quarter worth about $486,101,000.

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.