Entegris (NASDAQ:ENTG) Stock Rating Lowered by Zacks Research

Entegris (NASDAQ:ENTG) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Wednesday, Zacks reports.

Several other analysts also recently commented on ENTG. The Goldman Sachs Group upgraded shares of Entegris from a “sell” rating to a “buy” rating in a report on Wednesday, August 12th. Mizuho increased their price objective on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Weiss Ratings restated a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. Needham & Company LLC boosted their price objective on shares of Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, UBS Group upped their target price on shares of Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $173.80.

Entegris Price Performance

ENTG opened at $162.19 on Wednesday. The stock has a market cap of $24.73 billion, a P/E ratio of 81.50, a P/E/G ratio of 1.53 and a beta of 1.40. Entegris has a 12 month low of $67.97 and a 12 month high of $186.94. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83. The company has a fifty day simple moving average of $145.60 and a 200 day simple moving average of $142.16.

Entegris (NASDAQ:ENTG) last posted its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, topping 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 firm had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. During the same period in the previous year, the company posted $0.66 earnings per share. The company’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. On average, research analysts expect that Entegris will post 3.92 EPS for the current year.

Insider Activity

In related news, SVP Joseph Colella sold 3,916 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the transaction, the senior vice president owned 50,297 shares in the company, valued at approximately $8,272,850.56. This represents a 7.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Olivier Blachier sold 2,000 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the transaction, the insider directly owned 34,997 shares in the company, valued at approximately $5,622,618.02. This represents a 5.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 7,978 shares of company stock valued at $1,273,734 over the last ninety days. 0.53% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Entegris

Several institutional investors and hedge funds have recently modified their holdings of ENTG. Millstone Evans Group LLC boosted its holdings 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 period. Ancora Advisors LLC acquired a new stake in shares of Entegris in the second quarter valued at approximately $31,000. Transamerica Financial Advisors LLC bought a new stake in shares of Entegris in the second quarter valued at approximately $32,000. First Horizon Corp grew its position in Entegris by 147.1% during the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after buying an additional 178 shares in the last quarter. Finally, Elevated Capital Advisors LLC acquired a new stake in Entegris during the first quarter worth approximately $44,000.

Entegris Company Profile

Entegris, Inc is a global supplier of advanced materials and process solutions used in the semiconductor and other high-technology industries. The company helps manufacturers protect, purify, transport and process the highly sensitive materials used to produce integrated circuits, memory devices and other electronic components.

Its products and services include specialty chemicals and gases, liquid and gas filtration systems, wafer-handling and wafer-shipping products, contamination-control solutions, chemical-mechanical planarization materials, deposition materials and solutions for semiconductor packaging.