The Goldman Sachs Group Issues Positive Forecast for Entegris (NASDAQ:ENTG) Stock Price

Entegris (NASDAQ:ENTG) had its price objective boosted by The Goldman Sachs Group from $120.00 to $135.00 in a research note published on Friday morning,Benzinga reports. They currently have a sell rating on the semiconductor company’s stock.

Other analysts also recently issued research reports about the company. Stifel Nicolaus began coverage on Entegris in a research note on Wednesday, October 7th. They set a “buy” rating and a $200.00 target price on the stock. Barclays lifted their price target on Entegris from $212.00 to $224.00 and gave the company an “overweight” rating in a research report on Friday. Truist Financial boosted their price objective on Entegris from $190.00 to $199.00 and gave the stock a “buy” rating in a research note on Friday. Needham & Company LLC upped their price objective on Entegris from $170.00 to $185.00 and gave the company a “buy” rating in a report on Thursday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $187.17.

Entegris Price Performance

Shares of NASDAQ:ENTG opened at $154.39 on Friday. The firm’s 50 day moving average is $146.32 and its two-hundred day moving average is $137.85. Entegris has a 52 week low of $67.97 and a 52 week high of $186.94. The firm has a market capitalization of $23.54 billion, a P/E ratio of 60.31, a PEG ratio of 1.47 and a beta of 1.40. The company has a current ratio of 2.66, a quick ratio of 1.85 and a debt-to-equity ratio of 0.75.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Thursday, October 29th. The semiconductor company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.20. Entegris had a return on equity of 13.86% and a net margin of 11.14%. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $925.35 million. During the same period in the previous year, the firm posted $0.72 earnings per share. The business’s revenue was up 24.6% on a year-over-year basis. Analysts anticipate that Entegris will post 3.93 earnings per share for the current year.

Entegris Announces Dividend

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

Insider Buying and Selling at Entegris

In related news, insider Olivier Blachier sold 2,000 shares of Entegris stock in a transaction on Friday, August 14th. The stock was sold at an average price of $160.66, for a total value of $321,320.00. Following the transaction, the insider directly owned 34,997 shares in the company, valued at $5,622,618.02. The trade was a 5.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction 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 sale, the senior vice president directly owned 50,297 shares in the company, valued at $8,272,850.56. This trade represents a 7.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, 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 Trading of Entegris

Several institutional investors and hedge funds have recently bought and sold shares of ENTG. BlackRock Inc. acquired a new stake in shares of Entegris during the 2nd quarter valued at $3,683,556,000. Principal Financial Group Inc. increased its stake in shares of Entegris by 1.2% in the first quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock worth $689,990,000 after acquiring an additional 68,152 shares during the last quarter. Primecap Management Co. CA purchased a new stake in shares of Entegris during the second quarter worth $562,141,000. Bank of America Corp DE purchased a new stake in shares of Entegris during the second quarter worth $489,403,000. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Entegris during the second quarter valued at $486,101,000.

Trending Headlines about Entegris

Here are the key news stories impacting Entegris this week:

• Positive Sentiment: Q3 results exceeded expectations. Entegris reported $1.23 in adjusted EPS versus the $1.03 consensus estimate, while revenue reached approximately $1.01 billion—up 24.6% year over year and well above expectations of roughly $925 million. The company also reported improved gross and operating margins. Entegris Q3 earnings report
• Positive Sentiment: Management issued constructive fourth-quarter guidance. Entegris projected sales of $1.025 billion to $1.055 billion and GAAP EPS of $1.09 to $1.17, supporting expectations for continued semiconductor-related demand. The company also generated $266.8 million in operating cash flow and paid down $200 million of debt. Entegris reports record Q3 revenue
• Positive Sentiment: Several analysts raised their targets. UBS lifted its target to $220 and reaffirmed Buy, while Barclays raised its target to $224 with an Overweight rating. Truist increased its target to $199 and maintained Buy, and Needham raised its target to $185. UBS raises Entegris price target
• Neutral Sentiment: Analyst views remain split. Goldman Sachs raised its target to $135 but retained a Sell rating, implying the recent rally may have outpaced fundamentals. The wide range of targets highlights uncertainty over Entegris’ growth and margin outlook.
• Negative Sentiment: Valuation may be limiting upside. With a reported price-to-earnings ratio near 78, investors may be demanding sustained earnings growth. Reports of insider selling, without corresponding purchases over the past six months, could also weigh on sentiment.

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 technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.

The company’s products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.