Truist Financial Issues Positive Forecast for Entegris (NASDAQ:ENTG) Stock Price

Entegris (NASDAQ:ENTG) had its price target hoisted by Truist Financial from $190.00 to $199.00 in a report released on Friday,Benzinga reports. The firm currently has a buy rating on the semiconductor company’s stock.

A number of other research firms have also weighed in on ENTG. Stifel Nicolaus assumed coverage on Entegris in a research note on Wednesday, October 7th. They set a “buy” rating and a $200.00 price objective on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft raised Entegris from a “hold” rating to a “buy” rating and raised their target price for the stock from $152.00 to $200.00 in a research note on Wednesday, August 12th. The Goldman Sachs Group upgraded Entegris from a “sell” rating to a “buy” rating in a report on Wednesday, August 12th. Finally, Wall Street Zen cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $187.17.

Entegris Trading Down 3.5%

ENTG opened at $154.39 on Friday. The firm has a market capitalization of $23.54 billion, a price-to-earnings ratio of 60.31, a price-to-earnings-growth ratio of 1.47 and a beta of 1.40. The company’s 50 day simple moving average is $146.32 and its two-hundred day simple moving average is $137.85. Entegris has a 1-year low of $67.97 and a 1-year high of $186.94. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.66 and a quick ratio of 1.85.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Thursday, October 29th. The semiconductor company reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.20. Entegris had a return on equity of 13.86% and a net margin of 11.14%. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $925.35 million. During the same period in the prior year, the business earned $0.72 earnings per share. The business’s revenue was up 24.6% compared to the same quarter last year. Analysts expect that Entegris will post 3.93 EPS for the current fiscal year.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 18th. Stockholders of record on Wednesday, October 28th will be issued a dividend of $0.10 per share. The ex-dividend date is Wednesday, October 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s dividend payout ratio (DPR) is currently 20.10%.

Insider Activity

In related news, SVP Susan G. Rice sold 2,062 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total value of $308,310.24. Following the completion of the transaction, the senior vice president directly owned 66,976 shares in the company, valued at approximately $10,014,251.52. This represents a 2.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Joseph Colella sold 3,916 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was 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 position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 7,978 shares of company stock valued at $1,273,734. 0.53% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Entegris

Several large investors have recently modified their holdings of ENTG. BlackRock Inc. acquired a new stake in shares of Entegris during the 2nd quarter worth about $3,683,556,000. Principal Financial Group Inc. lifted its position in Entegris by 1.2% in the first quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock valued at $689,990,000 after buying an additional 68,152 shares during the last quarter. Primecap Management Co. CA acquired a new position in Entegris in the second quarter valued at about $562,141,000. Bank of America Corp DE purchased a new position in Entegris during the second quarter worth about $489,403,000. Finally, Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Entegris during the second quarter worth about $486,101,000.

Entegris News Summary

Here are the key news stories impacting Entegris this week:

• Positive Sentiment: Q3 results exceeded expectations. Entegris reported $1.23 in adjusted EPS versus the $1.03 consensus estimate, while revenue reached approximately $1.01 billion—up 24.6% year over year and well above expectations of roughly $925 million. The company also reported improved gross and operating margins. Entegris Q3 earnings report
• Positive Sentiment: Management issued constructive fourth-quarter guidance. Entegris projected sales of $1.025 billion to $1.055 billion and GAAP EPS of $1.09 to $1.17, supporting expectations for continued semiconductor-related demand. The company also generated $266.8 million in operating cash flow and paid down $200 million of debt. Entegris reports record Q3 revenue
• Positive Sentiment: Several analysts raised their targets. UBS lifted its target to $220 and reaffirmed Buy, while Barclays raised its target to $224 with an Overweight rating. Truist increased its target to $199 and maintained Buy, and Needham raised its target to $185. UBS raises Entegris price target
• Neutral Sentiment: Analyst views remain split. Goldman Sachs raised its target to $135 but retained a Sell rating, implying the recent rally may have outpaced fundamentals. The wide range of targets highlights uncertainty over Entegris’ growth and margin outlook.
• Negative Sentiment: Valuation may be limiting upside. With a reported price-to-earnings ratio near 78, investors may be demanding sustained earnings growth. Reports of insider selling, without corresponding purchases over the past six months, could also weigh on sentiment.

About Entegris

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.

The company’s products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.