Entegris (NASDAQ:ENTG – Get Free Report) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.
Several other research firms have also issued reports on ENTG. Mizuho upped 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. Citigroup restated a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Wall Street Zen raised Entegris from a “buy” rating to a “strong-buy” rating in a research report on Sunday, July 12th. Deutsche Bank Aktiengesellschaft set a $152.00 price objective on Entegris in a research note on Wednesday. Finally, Freedom Capital raised shares of Entegris to a “strong-buy” rating in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $165.56.
View Our Latest Stock Analysis on Entegris
Entegris Stock Down 2.0%
Entegris (NASDAQ:ENTG – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.82 by $0.11. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The firm had revenue of $883.20 million for the quarter, compared to analysts’ expectations of $835.79 million. During the same period in the previous year, the firm posted $0.66 EPS. 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. Research analysts anticipate that Entegris will post 3.91 earnings per share for the current fiscal year.
Insider Transactions at Entegris
In other news, SVP Clinton M. Haris sold 6,848 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total value of $1,021,927.04. Following the completion of the sale, the senior vice president directly owned 54,961 shares of the company’s stock, valued at $8,201,830.03. This trade represents a 11.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan G. Rice sold 19,893 shares of Entegris stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $132.84, for a total value of $2,642,586.12. Following the transaction, the senior vice president owned 69,038 shares of the company’s stock, valued at $9,171,007.92. This represents a 22.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 44,466 shares of company stock valued at $6,186,624. Company insiders own 0.53% of the company’s stock.
Hedge Funds Weigh In On Entegris
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. California Public Employees Retirement System boosted its holdings in shares of Entegris by 7.5% during the 2nd quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock worth $15,573,000 after buying an additional 13,544 shares during the period. Squarepoint Ops LLC lifted its position in Entegris by 66.3% during the second quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock worth $3,680,000 after acquiring an additional 18,195 shares during the last quarter. Treasurer of the State of North Carolina lifted its position in Entegris by 1.6% during the second quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company’s stock worth $5,647,000 after acquiring an additional 1,114 shares during the last quarter. Alliancebernstein L.P. lifted its position in Entegris by 3.8% during the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock worth $16,196,000 after acquiring an additional 7,292 shares during the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in shares of Entegris during the second quarter worth approximately $241,000.
Entegris News Roundup
Here are the key news stories impacting Entegris this week:
- Positive Sentiment: Entegris exceeded second-quarter expectations, reporting adjusted earnings of $0.93 per share versus the $0.82 consensus estimate and revenue of $883.2 million versus expectations of $835.8 million. Revenue increased 11.5% year over year, supported by semiconductor and AI-related demand. Entegris Q2 Earnings Beat on AI Demand and Advanced Purity Solutions
- Positive Sentiment: Management’s outlook remains constructive, with third-quarter EPS guidance of $0.96 to $1.04. Strong bookings, advanced-purity solutions and capacity expansion are improving visibility into 2027 and supporting expectations for stronger margins and cash flow. Entegris Q2 Earnings Call Highlights AI Demand and Capacity Expansion
- Positive Sentiment: Needham raised its price target to $170 from $165 and maintained a Buy rating, while Freedom Capital upgraded the stock. These actions indicate continued analyst confidence in Entegris’ AI and semiconductor-cycle exposure. Needham Raises Entegris Price Target
- Neutral Sentiment: Analysts view Entegris as a high-quality beneficiary of semiconductor investment, but opinions remain divided on whether its business momentum is already reflected in the share price. Entegris Could Be 12% Undervalued Following Q2 Results and Guidance
- Negative Sentiment: Valuation is the main pressure point. With a high earnings multiple, investors may be taking profits or demanding stronger upside before bidding the stock higher, despite the earnings beat and favorable outlook. Entegris: Great Business, Same Valuation Problem
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.
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