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

Entegris (NASDAQ:ENTG) had its price target boosted by Citigroup from $195.00 to $200.00 in a research report released on Friday morning,Benzinga reports. Citigroup currently has a buy rating on the semiconductor company’s stock.

ENTG has been the subject of a number of other research reports. UBS Group reiterated a “buy” rating and set a $220.00 price objective on shares of Entegris in a research report on Friday. Needham & Company LLC lifted their target price on Entegris from $170.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday. Wall Street Zen cut Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Freedom Capital raised Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. Finally, Barclays upped their target price on Entegris from $212.00 to $224.00 and gave the company an “overweight” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Entegris has an average rating of “Moderate Buy” and a consensus target price of $187.17.

Entegris Stock Down 3.5%

NASDAQ ENTG opened at $154.39 on Friday. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.66 and a quick ratio of 1.85. The company’s 50 day simple moving average is $146.32 and its 200 day simple moving average is $137.85. Entegris has a 12 month low of $67.97 and a 12 month high of $186.94. The company has a market capitalization of $23.54 billion, a P/E ratio of 60.31, a PEG ratio of 1.47 and a beta of 1.40.

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

Entegris Dividend Announcement

The company 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. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date is Wednesday, October 28th. Entegris’s payout ratio is presently 20.10%.

Insiders Place Their Bets

In other news, SVP Susan G. Rice sold 2,062 shares of the firm’s stock in a transaction 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 sale, the senior vice president owned 66,976 shares of the company’s stock, valued at $10,014,251.52. This trade represents a 2.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at 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 completion of 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 disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 7,978 shares of company stock worth $1,273,734. Corporate insiders own 0.53% of the company’s stock.

Institutional Investors Weigh In On Entegris

Several hedge funds have recently bought and sold shares of the business. Rakuten Investment Management Inc. boosted its stake in shares of Entegris by 17.1% during the 3rd quarter. Rakuten Investment Management Inc. now owns 33,581 shares of the semiconductor company’s stock worth $5,197,000 after acquiring an additional 4,896 shares in the last quarter. Provenance Wealth Advisors LLC acquired a new position in shares of Entegris during the 3rd quarter valued at about $422,000. Oregon Public Employees Retirement Fund raised its stake in shares of Entegris by 0.4% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 31,657 shares of the semiconductor company’s stock valued at $4,877,000 after acquiring an additional 134 shares in the last quarter. Boit C F David bought a new position in shares of Entegris in the 3rd quarter valued at approximately $32,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Entegris in the 3rd quarter valued at approximately $36,393,000.

Key Stories Impacting Entegris

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.