Entegris (NASDAQ:ENTG) Stock Rating Upgraded by Barclays

Entegris (NASDAQ:ENTG) was upgraded by stock analysts at Barclays to a “strong-buy” rating in a research report issued on Monday, Zacks reports.

Several other research firms have also weighed in on ENTG. Wall Street Zen lowered Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Truist Financial initiated coverage on shares of Entegris in a research report on Wednesday. They issued a “buy” rating and a $190.00 price target on the stock. Needham & Company LLC raised their price objective on shares of Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. The Goldman Sachs Group upgraded Entegris from a “sell” rating to a “buy” rating in a research report on Wednesday, August 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Entegris currently has an average rating of “Buy” and a consensus target price of $178.33.

Entegris Trading Down 5.0%

Shares of ENTG opened at $153.08 on Monday. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83. The firm’s 50-day moving average is $147.71 and its two-hundred day moving average is $143.32. Entegris has a twelve month low of $67.97 and a twelve month high of $186.94. The firm has a market capitalization of $23.34 billion, a P/E ratio of 76.92, a PEG ratio of 1.48 and a beta of 1.40.

Entegris (NASDAQ:ENTG) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, beating 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 company had revenue of $883.20 million during the quarter, compared to analysts’ expectations of $835.79 million. During the same period last year, the company posted $0.66 earnings per share. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, research analysts predict that Entegris will post 3.93 earnings per share for the current fiscal year.

Insider Transactions at Entegris

In related news, SVP Joseph Colella sold 3,916 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the sale, the senior vice president directly owned 50,297 shares of the company’s stock, valued at approximately $8,272,850.56. This trade represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Susan Rice sold 2,062 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total transaction of $308,310.24. Following the completion of the sale, the senior vice president owned 66,976 shares of the company’s stock, valued at approximately $10,014,251.52. The trade was a 2.99% 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 7,978 shares of company stock worth $1,273,734 in the last three months. Company insiders own 0.53% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ENTG. BlackRock Inc. acquired a new stake in Entegris during the 2nd quarter worth approximately $3,683,556,000. Principal Financial Group Inc. raised its stake in shares of Entegris by 1.2% in the 1st quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock valued at $689,990,000 after acquiring an additional 68,152 shares during the period. Primecap Management Co. CA purchased a new position in shares of Entegris in the 2nd quarter valued at $562,141,000. Bank of America Corp DE acquired a new position in shares of Entegris during the 2nd quarter valued at $489,403,000. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Entegris during the 2nd quarter valued at $486,101,000.

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.