Entegris (NASDAQ:ENTG) Price Target Raised to $165.00

Entegris (NASDAQ:ENTGGet Free Report) had its price objective upped by Needham & Company LLC from $150.00 to $165.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the semiconductor company’s stock. Needham & Company LLC’s target price points to a potential upside of 16.81% from the stock’s current price.

Other equities analysts have also issued reports about the stock. Zacks Research lowered shares of Entegris from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Citigroup upped their price objective on Entegris from $145.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. UBS Group upped their price objective on Entegris from $150.00 to $185.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. BMO Capital Markets reaffirmed an “outperform” rating and issued a $148.00 price objective on shares of Entegris in a research note on Wednesday, February 11th. Finally, The Goldman Sachs Group upped their price objective on Entegris from $75.00 to $95.00 and gave the stock a “sell” rating in a research note on Wednesday, February 11th. Six equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Entegris presently has an average rating of “Hold” and a consensus price target of $139.33.

Check Out Our Latest Research Report on ENTG

Entegris Price Performance

Shares of ENTG traded down $8.11 during mid-day trading on Thursday, reaching $141.26. The stock had a trading volume of 3,066,968 shares, compared to its average volume of 2,874,517. The firm has a market cap of $21.47 billion, a price-to-earnings ratio of 91.50, a PEG ratio of 2.94 and a beta of 1.32. Entegris has a 12 month low of $66.32 and a 12 month high of $159.15. The business has a fifty day moving average of $128.11 and a 200 day moving average of $107.60. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.04 and a current ratio of 3.35.

Entegris (NASDAQ:ENTGGet Free Report) last posted its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11. The business had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. Entegris had a net margin of 7.37% and a return on equity of 10.87%. The company’s revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Equities analysts predict that Entegris will post 3.4 EPS for the current year.

Insider Activity at Entegris

In related news, SVP Joseph Colella sold 1,592 shares of the stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $115.57, for a total transaction of $183,987.44. Following the completion of the transaction, the senior vice president directly owned 50,121 shares of the company’s stock, valued at approximately $5,792,483.97. This represents a 3.08% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Linda Lagorga sold 11,438 shares of the stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 33,810 shares of the company’s stock, valued at approximately $4,564,350. The trade was a 25.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 283,645 shares of company stock valued at $37,970,163 in the last 90 days. 0.53% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Entegris

Several institutional investors have recently bought and sold shares of the business. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in Entegris by 0.3% during the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock valued at $2,645,000 after purchasing an additional 100 shares during the last quarter. Verdence Capital Advisors LLC lifted its position in Entegris by 2.7% during the third quarter. Verdence Capital Advisors LLC now owns 4,817 shares of the semiconductor company’s stock valued at $454,000 after purchasing an additional 126 shares during the last quarter. Northwestern Mutual Investment Management Company LLC lifted its position in Entegris by 0.4% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock valued at $2,858,000 after purchasing an additional 127 shares during the last quarter. Resona Asset Management Co. Ltd. lifted its position in Entegris by 0.3% during the first quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock valued at $5,199,000 after purchasing an additional 128 shares during the last quarter. Finally, TD Private Client Wealth LLC lifted its stake in shares of Entegris by 13.3% in the 4th quarter. TD Private Client Wealth LLC now owns 1,152 shares of the semiconductor company’s stock valued at $97,000 after purchasing an additional 135 shares during the last quarter.

Key Headlines Impacting Entegris

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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.

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Analyst Recommendations for Entegris (NASDAQ:ENTG)

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