Entegris (NASDAQ:ENTG) Price Target Raised to $185.00

by · The Cerbat Gem

Entegris (NASDAQ:ENTG – Free Report) had its price objective hoisted by Needham & Company LLC from $170.00 to $185.00 in a research report released on Thursday morning,Benzinga reports. Needham & Company LLC currently has a buy rating on the semiconductor company’s stock.

ENTG has been the topic of several other research reports. Zacks Research cut shares of Entegris from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 7th. Barclays began coverage on shares of Entegris in a research note on Monday, October 12th. They set an “overweight” rating and a $212.00 target price on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft raised shares of Entegris from a “hold” rating to a “buy” rating and raised their price target for the company from $152.00 to $200.00 in a research report on Wednesday, August 12th. Finally, Citigroup boosted their price target on shares of Entegris from $170.00 to $195.00 and gave the stock a “buy” rating in a research note on Tuesday, October 20th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $187.17.

Read Our Latest Analysis on ENTG

Entegris Price Performance

Shares of NASDAQ ENTG opened at $154.39 on Thursday. The firm has a 50-day simple moving average of $146.32 and a 200-day simple moving average of $137.85. The stock has a market capitalization of $23.54 billion, a price-to-earnings ratio of 60.31, a price-to-earnings-growth ratio of 1.41 and a beta of 1.40. The company has a quick ratio of 1.85, a current ratio of 2.66 and a debt-to-equity ratio of 0.75. Entegris has a 52 week low of $67.97 and a 52 week high of $186.94.

Entegris (NASDAQ:ENTG – Get Free Report) last posted its earnings results on Thursday, October 29th. The semiconductor company reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.20. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $925.35 million. Entegris had a return on equity of 13.86% and a net margin of 11.14%. The company’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.72 earnings per share. On average, equities analysts predict that Entegris will post 4.16 earnings per share for the current fiscal year.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 18th. Shareholders of record on Wednesday, October 28th will be paid a $0.10 dividend. The ex-dividend date is Wednesday, October 28th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s dividend payout ratio (DPR) is currently 15.62%.

Insiders Place Their Bets

In related news, SVP Susan G. Rice sold 2,062 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total transaction of $308,310.24. Following the completion of the sale, the senior vice president owned 66,976 shares in the company, valued at $10,014,251.52. The trade was a 2.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Joseph Colella sold 3,916 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the completion of the transaction, the senior vice president directly owned 50,297 shares of the company’s stock, valued at $8,272,850.56. This trade represents a 7.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 7,978 shares of company stock valued at $1,273,734 in the last ninety days. Insiders own 0.53% of the company’s stock.

Institutional Trading of Entegris

Institutional investors have recently modified their holdings of the stock. Chicago Partners Investment Group LLC lifted its holdings in shares of Entegris by 23.2% during the third quarter. Chicago Partners Investment Group LLC now owns 2,803 shares of the semiconductor company’s stock worth $377,000 after purchasing an additional 527 shares during the period. Rakuten Investment Management Inc. grew its holdings in shares of Entegris by 17.1% in 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 during the period. Provenance Wealth Advisors LLC acquired a new stake in shares of Entegris in the 3rd quarter worth approximately $422,000. Oregon Public Employees Retirement Fund increased its stake in 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 purchasing an additional 134 shares in the last quarter. Finally, Boit C F David purchased a new position in Entegris in the 3rd quarter valued at approximately $32,000.

Trending Headlines about 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.

Entegris Company Profile

(Get Free Report)

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.

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