Brokerages Set Entegris, Inc. (NASDAQ:ENTG) PT at $170.89

Shares of Entegris, Inc. (NASDAQ:ENTG) have earned a consensus rating of “Buy” from the twelve brokerages that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, nine have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $170.8889.

Several equities analysts recently weighed in on ENTG shares. Freedom Capital upgraded shares of Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Zacks Research raised shares of Entegris from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Wall Street Zen lowered Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. Finally, Needham & Company LLC increased their target price on Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th.

Entegris Stock Performance

Shares of Entegris stock opened at $134.67 on Friday. The firm has a market cap of $20.54 billion, a P/E ratio of 67.67, a P/E/G ratio of 1.20 and a beta of 1.37. Entegris has a fifty-two week low of $67.97 and a fifty-two week high of $186.94. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85. The firm has a 50 day simple moving average of $138.48 and a 200 day simple moving average of $138.19.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.11. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The business had revenue of $883.20 million for the quarter, compared to analysts’ expectations of $835.79 million. During the same quarter last year, the business earned $0.66 earnings per share. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Sell-side analysts predict that Entegris will post 3.91 earnings per share for the current fiscal year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were paid a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s dividend payout ratio is 20.10%.

Insider Activity at Entegris

In related news, SVP Susan Rice sold 2,062 shares of Entegris stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total transaction of $308,310.24. Following the transaction, the senior vice president owned 66,976 shares of the company’s stock, valued at $10,014,251.52. This trade represents a 2.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total transaction of $644,103.68. Following the transaction, the senior vice president owned 50,297 shares of the company’s stock, valued at approximately $8,272,850.56. This represents a 7.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 7,978 shares of company stock worth $1,273,734 in the last ninety days. Company insiders own 0.53% of the company’s stock.

Hedge Funds Weigh In On Entegris

Several institutional investors and hedge funds have recently made changes to their positions in the company. Legal & General Group Plc boosted its position in Entegris by 2.6% during the 4th quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company’s stock worth $41,661,000 after acquiring an additional 12,348 shares during the last quarter. Norges Bank acquired a new stake in shares of Entegris in the fourth quarter valued at approximately $158,669,000. Natixis Advisors LLC lifted its position in shares of Entegris by 15.0% in the fourth quarter. Natixis Advisors LLC now owns 420,758 shares of the semiconductor company’s stock worth $35,449,000 after purchasing an additional 54,973 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of Entegris by 122.0% in the fourth quarter. BNP Paribas Financial Markets now owns 455,882 shares of the semiconductor company’s stock worth $38,408,000 after purchasing an additional 250,574 shares in the last quarter. Finally, Hel Ved Capital Management Ltd boosted its holdings in Entegris by 94.9% during the fourth quarter. Hel Ved Capital Management Ltd now owns 89,760 shares of the semiconductor company’s stock worth $7,562,000 after purchasing an additional 43,700 shares during the last quarter.

About Entegris

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced electronic devices. Its offerings are designed to help manufacturers manage contamination, control critical process environments and improve the performance and reliability of production processes.

The company’s products include specialty chemicals and gases, liquid and gas filtration systems, wafer-handling and storage products, contamination-control solutions, chemical-mechanical planarization materials, and deposition-related technologies.