BMO Capital Markets Raises Entegris (NASDAQ:ENTG) Price Target to $126.00

Entegris (NASDAQ:ENTGGet Free Report) had its price objective increased by analysts at BMO Capital Markets from $105.00 to $126.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the semiconductor company’s stock. BMO Capital Markets’ price target points to a potential upside of 9.57% from the company’s current price.

Other research analysts have also issued research reports about the company. Zacks Research upgraded Entegris from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research report on Monday, December 29th. KeyCorp raised their price target on shares of Entegris from $107.00 to $111.00 and gave the stock an “overweight” rating in a research note on Friday, January 9th. Wall Street Zen raised shares of Entegris from a “sell” rating to a “hold” rating in a research note on Friday, October 3rd. Finally, Mizuho cut their price objective on shares of Entegris from $108.00 to $96.00 and set an “outperform” rating for the company in a report on Thursday, November 20th. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Entegris currently has a consensus rating of “Hold” and a consensus target price of $105.63.

Get Our Latest Stock Report on ENTG

Entegris Trading Down 2.0%

ENTG stock opened at $115.00 on Wednesday. Entegris has a 12-month low of $60.75 and a 12-month high of $119.61. The business’s 50-day moving average is $88.42 and its 200 day moving average is $87.55. The company has a current ratio of 3.44, a quick ratio of 2.13 and a debt-to-equity ratio of 0.99. The stock has a market cap of $17.43 billion, a price-to-earnings ratio of 60.85 and a beta of 1.31.

Entegris (NASDAQ:ENTGGet Free Report) last announced its earnings results on Thursday, October 30th. The semiconductor company reported $0.72 EPS for the quarter, meeting analysts’ consensus estimates of $0.72. The business had revenue of $807.10 million during the quarter, compared to analysts’ expectations of $804.63 million. Entegris had a return on equity of 11.61% and a net margin of 8.95%.The business’s revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.77 earnings per share. Entegris has set its Q4 2025 guidance at 0.620-0.690 EPS. On average, sell-side analysts anticipate that Entegris will post 3.51 EPS for the current fiscal year.

Insider Activity

In other news, SVP Olivier Blachier sold 488 shares of the stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $77.43, for a total value of $37,785.84. Following the completion of the sale, the senior vice president owned 14,124 shares of the company’s stock, valued at $1,093,621.32. This represents a 3.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director James P. Lederer sold 2,008 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $92.84, for a total transaction of $186,422.72. Following the sale, the director owned 20,434 shares of the company’s stock, valued at $1,897,092.56. This represents a 8.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 63,643 shares of company stock valued at $4,966,433 in the last ninety days. 0.61% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ENTG. Alpine Bank Wealth Management raised its holdings in shares of Entegris by 73.7% in the 2nd quarter. Alpine Bank Wealth Management now owns 311 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 132 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in Entegris during the 2nd quarter valued at about $25,000. Ameriflex Group Inc. acquired a new position in Entegris in the 3rd quarter valued at about $25,000. ORG Wealth Partners LLC increased its stake in Entegris by 862.1% during the third quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 250 shares during the period. Finally, SBI Securities Co. Ltd. increased its stake in Entegris by 260.8% during the third quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 206 shares during the period.

Entegris Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Entegris (NASDAQ:ENTG)

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