Entegris (NASDAQ:ENTG) Price Target Raised to $170.00

Entegris (NASDAQ:ENTG) had its target price lifted by Needham & Company LLC from $165.00 to $170.00 in a research note published on Wednesday morning,Benzinga reports. Needham & Company LLC currently has a buy rating on the semiconductor company’s stock.

A number of other equities research analysts have also recently issued reports on ENTG. Oppenheimer reissued an “outperform” rating and issued a $160.00 target price on shares of Entegris in a research report on Friday, May 1st. Citigroup reiterated a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Mizuho boosted their price objective on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. UBS Group raised their target price on shares of Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Finally, The Goldman Sachs Group reiterated a “sell” rating and issued a $115.00 price target on shares of Entegris in a research report on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $165.56.

Entegris Price Performance

Entegris stock opened at $152.08 on Wednesday. The company has a market capitalization of $23.19 billion, a price-to-earnings ratio of 76.42, a PEG ratio of 1.32 and a beta of 1.35. The company has a current ratio of 3.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.83. Entegris has a 12 month low of $67.97 and a 12 month high of $186.94. The stock’s 50 day moving average is $144.96 and its 200-day moving average is $134.68.

Entegris (NASDAQ:ENTG) last released 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 during the quarter, compared to the consensus estimate of $835.79 million. During the same period in the previous year, the company posted $0.66 EPS. The firm’s quarterly revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Equities research analysts expect that Entegris will post 3.91 EPS for the current year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, July 29th. Entegris’s dividend payout ratio (DPR) is currently 20.10%.

Insider Buying and Selling at Entegris

In related news, SVP Clinton M. Haris sold 6,848 shares of Entegris stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total value of $1,021,927.04. Following the transaction, the senior vice president directly owned 54,961 shares of the company’s stock, valued at $8,201,830.03. This trade represents a 11.08% decrease in their ownership of the stock. 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 6,326 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $140.17, for a total transaction of $886,715.42. Following the transaction, the senior vice president owned 50,121 shares of the company’s stock, valued at approximately $7,025,460.57. This represents a 11.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 44,466 shares of company stock worth $6,186,624 in the last three months. Company insiders own 0.53% of the company’s stock.

Institutional Trading of Entegris

Several institutional investors and hedge funds have recently modified their holdings of ENTG. Steph & Co. bought a new position in shares of Entegris in the fourth quarter worth about $25,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Entegris during the 4th quarter worth approximately $29,000. Millstone Evans Group LLC lifted its stake in Entegris by 191.3% in the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 176 shares during the last quarter. Johnson Financial Group Inc. lifted its stake in Entegris by 147.5% in the 4th quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 236 shares during the last quarter. Finally, First Horizon Corp boosted its position in Entegris by 147.1% in the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 178 shares in 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.