Zacks Research Downgrades Entegris (NASDAQ:ENTG) to Hold

Entegris (NASDAQ:ENTG) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

Several other equities analysts have also commented on the company. Deutsche Bank Aktiengesellschaft lowered Entegris from a “buy” rating to a “hold” rating and set a $105.00 price target on the stock. in a research report on Tuesday, February 3rd. BMO Capital Markets reiterated an “outperform” rating and set a $148.00 price objective on shares of Entegris in a research note on Wednesday, February 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research report on Monday, December 29th. Mizuho set a $150.00 target price on shares of Entegris in a research note on Wednesday, February 11th. Finally, KeyCorp raised their price target on shares of Entegris from $111.00 to $156.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Six research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $133.78.

Entegris Trading Up 5.8%

NASDAQ:ENTG opened at $121.67 on Monday. The business’s 50-day moving average is $121.88 and its two-hundred day moving average is $100.14. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.35 and a quick ratio of 2.04. Entegris has a 12 month low of $60.75 and a 12 month high of $142.50. The firm has a market capitalization of $18.49 billion, a PE ratio of 79.01, a price-to-earnings-growth ratio of 2.16 and a beta of 1.30.

Entegris (NASDAQ:ENTG) last issued its earnings results on Tuesday, February 10th. The semiconductor company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.03. Entegris had a return on equity of 10.87% and a net margin of 7.37%.The company had revenue of $823.90 million during the quarter, compared to the consensus estimate of $811.04 million. During the same quarter in the prior year, the business earned $0.84 earnings per share. The company’s revenue was down 3.0% compared to the same quarter last year. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. Research analysts predict that Entegris will post 3.51 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Linda Lagorga sold 11,438 shares of Entegris stock in a transaction on Friday, February 20th. The shares were sold at an average price of $135.00, for a total value of $1,544,130.00. Following the completion of the sale, the chief financial officer owned 33,810 shares in the company, valued at approximately $4,564,350. The trade was a 25.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Olivier Blachier sold 1,664 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $131.49, for a total transaction of $218,799.36. Following the completion of the sale, the senior vice president directly owned 29,497 shares in the company, valued at $3,878,560.53. This represents a 5.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 226,074 shares of company stock worth $29,640,758 over the last 90 days. 0.61% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Entegris

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Montanaro Asset Management Ltd raised its stake in shares of Entegris by 115.4% in the 4th quarter. Montanaro Asset Management Ltd now owns 104,700 shares of the semiconductor company’s stock valued at $8,821,000 after purchasing an additional 56,100 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of Entegris by 101.9% during the fourth quarter. Corient Private Wealth LLC now owns 9,253 shares of the semiconductor company’s stock worth $783,000 after purchasing an additional 4,671 shares during the last quarter. Hsbc Holdings PLC grew its stake in Entegris by 138.9% in the fourth quarter. Hsbc Holdings PLC now owns 128,339 shares of the semiconductor company’s stock worth $10,834,000 after purchasing an additional 74,623 shares in the last quarter. Invesco Ltd. grew its stake in Entegris by 13.4% in the fourth quarter. Invesco Ltd. now owns 3,592,669 shares of the semiconductor company’s stock worth $302,682,000 after purchasing an additional 424,812 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in Entegris by 79.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,560 shares of the semiconductor company’s stock valued at $637,000 after buying an additional 3,346 shares during the last quarter.

About Entegris

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.