Entegris (NASDAQ:ENTG) Stock Rating Raised to “Strong-Buy” at Barclays

Barclays upgraded shares of Entegris (NASDAQ:ENTG) to a strong-buy rating in a research note released on Monday,Zacks reports.

Several other research firms also recently commented on ENTG. Deutsche Bank Aktiengesellschaft raised shares of Entegris from a “hold” rating to a “buy” rating and increased their price objective for the company from $152.00 to $200.00 in a report on Wednesday, August 12th. Mizuho lifted their target price on Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. The Goldman Sachs Group raised Entegris from a “sell” rating to a “buy” rating in a report on Wednesday, August 12th. Zacks Research downgraded Entegris from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 7th. Finally, BMO Capital Markets increased their price target on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Two 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’s stock. According to MarketBeat.com, Entegris presently has an average rating of “Buy” and a consensus price target of $178.33.

Entegris Trading Down 5.0%

Entegris stock opened at $153.08 on Monday. Entegris has a 1 year low of $67.97 and a 1 year high of $186.94. The firm’s 50 day moving average price is $147.71 and its 200-day moving average price is $143.32. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85. The stock has a market cap 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 for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. The firm had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. Entegris’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities analysts predict that Entegris will post 3.93 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, November 18th. Shareholders of record on Wednesday, October 28th will be given a dividend of $0.10 per share. The ex-dividend date is Wednesday, October 28th. This represents a $0.40 annualized dividend and a yield of 0.3%. Entegris’s dividend payout ratio (DPR) is 20.10%.

Insiders Place Their Bets

In other news, SVP Joseph Colella sold 3,916 shares of the business’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 sale, the senior vice president directly owned 50,297 shares in the company, valued at $8,272,850.56. The trade was a 7.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Olivier Blachier sold 2,000 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $160.66, for a total transaction of $321,320.00. Following the completion of the sale, the insider owned 34,997 shares in the company, valued at approximately $5,622,618.02. This trade represents a 5.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 7,978 shares of company stock valued at $1,273,734 in the last three months. Corporate insiders own 0.53% of the company’s stock.

Institutional Investors Weigh In On Entegris

Several large investors have recently added to or reduced their stakes in ENTG. ZWJ Investment Counsel Inc. grew its holdings in Entegris by 4.9% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 2,636 shares of the semiconductor company’s stock worth $406,000 after acquiring an additional 123 shares in the last quarter. Mather Group LLC. raised its holdings in shares of Entegris by 69.4% in the 3rd quarter. Mather Group LLC. now owns 1,001 shares of the semiconductor company’s stock valued at $154,000 after purchasing an additional 410 shares in the last quarter. Fortitude Family Office LLC lifted its position in shares of Entegris by 25.9% in the 3rd quarter. Fortitude Family Office LLC now owns 511 shares of the semiconductor company’s stock worth $79,000 after purchasing an additional 105 shares during the period. Generate Investment Management Ltd bought a new position in shares of Entegris during the third quarter valued at approximately $16,893,000. Finally, Salem Investment Counselors Inc. boosted its stake in shares of Entegris by 4.2% during the third quarter. Salem Investment Counselors Inc. now owns 80,804 shares of the semiconductor company’s stock valued at $12,449,000 after purchasing an additional 3,250 shares in the last quarter.

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.