Entegris (NASDAQ:ENTG) Upgraded to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Entegris (NASDAQ:ENTG) from a hold rating to a strong-buy rating in a research note released on Wednesday,Zacks.com reports.

Several other research firms have also recently issued reports on ENTG. Needham & Company LLC upped their price target on Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft set a $152.00 price objective on Entegris in a research note on Wednesday. Citigroup restated a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Wall Street Zen raised Entegris from a “buy” rating to a “strong-buy” rating in a research report on Sunday, July 12th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $160.00 target price on shares of Entegris in a report on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $165.56.

Entegris Stock Performance

NASDAQ:ENTG opened at $142.65 on Wednesday. Entegris has a twelve month low of $67.97 and a twelve month high of $186.94. The company has a current ratio of 3.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.83. The company has a 50-day moving average of $144.69 and a 200-day moving average of $134.55. The firm has a market cap of $21.75 billion, a price-to-earnings ratio of 71.68, a price-to-earnings-growth ratio of 1.58 and a beta of 1.35.

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

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, July 29th. Entegris’s dividend payout ratio is 23.12%.

Insiders Place Their Bets

In other Entegris news, SVP Clinton M. Haris sold 6,848 shares of the company’s 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 owned 54,961 shares in the company, valued at approximately $8,201,830.03. This represents a 11.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan G. Rice sold 19,893 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $132.84, for a total transaction of $2,642,586.12. Following the completion of the transaction, the senior vice president owned 69,038 shares in the company, valued at approximately $9,171,007.92. This represents a 22.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 44,466 shares of company stock valued at $6,186,624 over the last ninety days. Insiders own 0.53% of the company’s stock.

Hedge Funds Weigh In On Entegris

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

Key Headlines Impacting Entegris

Here are the key news stories impacting Entegris this week:

• Positive Sentiment: Entegris exceeded second-quarter expectations, reporting adjusted earnings of $0.93 per share versus the $0.82 consensus estimate and revenue of $883.2 million versus expectations of $835.8 million. Revenue increased 11.5% year over year, supported by semiconductor and AI-related demand. Entegris Q2 Earnings Beat on AI Demand and Advanced Purity Solutions
• Positive Sentiment: Management’s outlook remains constructive, with third-quarter EPS guidance of $0.96 to $1.04. Strong bookings, advanced-purity solutions and capacity expansion are improving visibility into 2027 and supporting expectations for stronger margins and cash flow. Entegris Q2 Earnings Call Highlights AI Demand and Capacity Expansion
• Positive Sentiment: Needham raised its price target to $170 from $165 and maintained a Buy rating, while Freedom Capital upgraded the stock. These actions indicate continued analyst confidence in Entegris’ AI and semiconductor-cycle exposure. Needham Raises Entegris Price Target
• Neutral Sentiment: Analysts view Entegris as a high-quality beneficiary of semiconductor investment, but opinions remain divided on whether its business momentum is already reflected in the share price. Entegris Could Be 12% Undervalued Following Q2 Results and Guidance
• Negative Sentiment: Valuation is the main pressure point. With a high earnings multiple, investors may be taking profits or demanding stronger upside before bidding the stock higher, despite the earnings beat and favorable outlook. Entegris: Great Business, Same Valuation Problem

Entegris Company Profile

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.