Entegris (NASDAQ:ENTG) Raised to Strong-Buy at Barclays

Entegris (NASDAQ:ENTG) was upgraded by research analysts at Barclays to a “strong-buy” rating in a report issued on Monday, Zacks reports.

Other analysts have also recently issued research reports about the stock. Stifel Nicolaus initiated coverage on shares of Entegris in a research note on Wednesday, October 7th. They issued a “buy” rating and a $200.00 target price on the stock. Truist Financial started coverage on shares of Entegris in a research report on Wednesday. They issued a “buy” rating and a $190.00 price target for the company. Weiss Ratings restated a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Needham & Company LLC raised their price target on shares of Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft raised Entegris from a “hold” rating to a “buy” rating and lifted their price objective for the company from $152.00 to $200.00 in a report on Wednesday, August 12th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Entegris presently has an average rating of “Buy” and an average target price of $178.33.

Entegris Stock Down 5.0%

ENTG opened at $153.08 on Monday. The company has a market capitalization of $23.34 billion, a P/E ratio of 76.92, a P/E/G ratio of 1.48 and a beta of 1.40. 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 firm’s fifty day moving average price is $147.71 and its two-hundred day moving average price is $143.32. Entegris has a fifty-two week low of $67.97 and a fifty-two week high of $186.94.

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. The company had revenue of $883.20 million during the quarter, compared to analysts’ expectations of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The business’s revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, analysts anticipate that Entegris will post 3.93 EPS for the current year.

Insider Buying and Selling at Entegris

In other news, insider Olivier Blachier sold 2,000 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the sale, the insider owned 34,997 shares in the company, valued at approximately $5,622,618.02. The trade was a 5.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total transaction of $644,103.68. Following the completion of the sale, the senior vice president owned 50,297 shares in the company, valued at $8,272,850.56. This represents a 7.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders 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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ENTG. Ancora Advisors LLC acquired a new stake in shares of Entegris during the second quarter worth approximately $31,000. Transamerica Financial Advisors LLC bought a new position in shares of Entegris in the second quarter valued at approximately $32,000. Millstone Evans Group LLC raised its stake in shares of Entegris by 191.3% in the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 176 shares during the last quarter. First Horizon Corp boosted its holdings in shares of Entegris by 147.1% in the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 178 shares in the last quarter. Finally, Burkett Financial Services LLC boosted its holdings in shares of Entegris by 436.9% in the 3rd quarter. Burkett Financial Services LLC now owns 349 shares of the semiconductor company’s stock worth $54,000 after acquiring an additional 284 shares in the last quarter.

About Entegris

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.