Entegris (NASDAQ:ENTG) Cut to Buy at Wall Street Zen

Wall Street Zen downgraded shares of Entegris (NASDAQ:ENTG) from a strong-buy rating to a buy rating in a research report report published on Saturday morning.

Several other research firms have also issued reports on ENTG. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Entegris in a research report on Monday, August 3rd. Zacks Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Oppenheimer restated an “outperform” rating and set a $160.00 price objective on shares of Entegris in a research note on Friday, May 1st. Freedom Capital raised shares of Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Finally, Needham & Company LLC increased their price target on shares of Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Entegris currently has a consensus rating of “Moderate Buy” and an average price target of $165.56.

Entegris Stock Performance

Entegris stock opened at $144.21 on Friday. Entegris has a twelve month low of $67.97 and a twelve 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 market capitalization of $21.99 billion, a P/E ratio of 72.47, a PEG ratio of 1.41 and a beta of 1.35. The stock’s 50 day moving average is $145.13 and its 200 day moving average is $135.00.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data 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 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 analysts’ expectations of $835.79 million. During the same quarter in the previous year, the business earned $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, equities research analysts predict that Entegris will post 3.91 earnings per share for the current fiscal year.

Entegris Announces Dividend

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

Insider Buying and Selling

In other Entegris news, Director James P. Lederer sold 3,569 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the completion of the transaction, the director owned 18,277 shares of the company’s stock, valued at approximately $2,624,394.43. The trade was a 16.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Olivier Blachier sold 2,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $140.04, for a total transaction of $280,080.00. Following the transaction, the senior vice president owned 34,897 shares in the company, valued at $4,886,975.88. This represents a 5.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 44,466 shares of company stock worth $6,186,624 in the last three months. 0.53% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Entegris

Several institutional investors and hedge funds have recently added to or reduced their stakes in ENTG. Madison Asset Management LLC bought a new stake in Entegris in the 2nd quarter worth approximately $3,940,000. Avaii Wealth Management LLC bought a new position in shares of Entegris during the 2nd quarter valued at $726,000. Compass Wealth Management LLC purchased a new position in shares of Entegris in the 2nd quarter worth $6,485,000. Danske Bank A S bought a new stake in shares of Entegris in the second quarter worth $11,205,000. Finally, Diversify Advisory Services LLC bought a new stake in shares of Entegris in the second quarter worth $2,303,000.

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.