Entegris (NASDAQ:ENTG) Releases Earnings Results, Beats Expectations By $0.11 EPS

Entegris (NASDAQ:ENTG) posted its quarterly earnings results on Thursday. The semiconductor company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11, FiscalAI reports. The company had revenue of $811.90 million for the quarter, compared to analysts’ expectations of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. Entegris’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.67 EPS. Entegris updated its Q2 2026 guidance to 0.760-0.840 EPS.

Here are the key takeaways from Entegris’ conference call:

• Q1 results beat guidance with revenue up 5% year?over?year to $812M, non?GAAP gross margin 46.9%, adjusted EBITDA margin 27.8%, non?GAAP EPS $0.86, and strong free cash flow of $144M (?18% of sales).
• Management cites structural gross margin improvement driven by productivity and supply?chain actions, a useful?life accounting change, and manufacturing network optimization (including a Chandler facility closure), and expects to build on this progress.
• Industry outlook improved — Entegris now expects mid?to?high single?digit MSI growth for the rest of 2026, with particularly strong demand in advanced logic and DRAM (AI?driven), and improving fab spending/WFE trends supporting multi?year growth.
• CapEx?related revenue was modestly down in Q1 due to prior?year order timing, but management expects CapEx revenue to increase through 2026 into 2027 via a multi?wave fab build?out cadence (fab construction ? tool qualification ? unit ramps).
• Near?term dilution and regional headwinds — newer facilities (KSP and Colorado/Rockrimmon) remain dilutive in 2026 (Colorado largely in qualification), China was modestly down in Q1 from prior pull?ins, and net leverage is 3.6x (target ~3x by year?end).

Entegris Stock Performance

ENTG stock traded up $0.91 during midday trading on Friday, reaching $142.29. 4,199,761 shares of the company’s stock traded hands, compared to its average volume of 2,723,992. The company has a 50-day moving average price of $128.28 and a two-hundred day moving average price of $107.84. The firm has a market capitalization of $21.63 billion, a PE ratio of 92.40, a price-to-earnings-growth ratio of 2.65 and a beta of 1.40. The company has a debt-to-equity ratio of 0.90, a quick ratio of 2.04 and a current ratio of 3.21. Entegris has a 52 week low of $66.32 and a 52 week high of $159.15.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s payout ratio is presently 25.97%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on ENTG shares. KeyCorp lifted their price target on shares of Entegris from $111.00 to $156.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. Oppenheimer reaffirmed an “outperform” rating and issued a $160.00 price target on shares of Entegris in a report on Friday. BMO Capital Markets reaffirmed an “outperform” rating and issued a $148.00 price target on shares of Entegris in a report on Wednesday, February 11th. Zacks Research cut shares of Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Finally, UBS Group lifted their price target on shares of Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Friday. Seven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $153.78.

Key Stories Impacting Entegris

Here are the key news stories impacting Entegris this week:

• Positive Sentiment: Needham & Company raised its price target (from $150 to $165) and maintained a Buy rating, signaling further upside and supporting the rally in ENTG. Read More.
• Positive Sentiment: Q1 reported results beat estimates on both EPS ($0.86 vs. $0.75) and revenue ($811.9M vs. $808.7M); management reiterated demand tailwinds from AI-related semiconductor investments, which underpins near-term growth expectations. Read More.
• Positive Sentiment: Earnings call commentary and analyst write-ups described an “upbeat” tone and signaled a profitable upswing — management pointed to multi-year demand drivers, which supports longer-term revenue visibility. Read More.
• Positive Sentiment: Entegris appointed Sukhi Nagesh as CFO (effective May 18); the hire brings ~30 years of semiconductor/tech finance and investor-relations experience, reducing execution risk around financial strategy. Read More.
• Neutral Sentiment: The company amended its credit agreement and added a new revolving facility — improves liquidity and financial flexibility but is unlikely to be a major catalyst on its own. Read More.
• Neutral Sentiment: Investor materials (slide deck / presentation) were posted alongside the release — useful for modeling but not a standalone catalyst. Read More.
• Negative Sentiment: Inventory levels rose in the quarter, which markets often view as a short-term margin/working-capital headwind if build is not matched by demand; the item was flagged in coverage and could pressure near-term cash flow assumptions. Read More.
• Negative Sentiment: Q2 revenue guide ($815M–$845M) sits slightly below Street consensus (~$827.6M) even though EPS guidance (0.76–0.84) is roughly in-line — the softer revenue midpoint is a caution for near-term growth modeling. Read More.

Insider Activity

In other news, SVP Olivier Blachier sold 1,664 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $131.49, for a total transaction of $218,799.36. Following the completion of the transaction, the senior vice president directly owned 29,497 shares in the company, valued at $3,878,560.53. The trade was a 5.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Joseph Colella sold 1,592 shares of the business’s stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $115.57, for a total transaction of $183,987.44. Following the transaction, the senior vice president owned 50,121 shares of the company’s stock, valued at $5,792,483.97. This trade represents a 3.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 283,645 shares of company stock worth $37,970,163. Company insiders own 0.53% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State Street Corp grew its position in Entegris by 1.2% in the fourth quarter. State Street Corp now owns 5,152,176 shares of the semiconductor company’s stock worth $434,071,000 after acquiring an additional 61,549 shares in the last quarter. Durable Capital Partners LP grew its position in Entegris by 23.2% in the third quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock worth $348,115,000 after acquiring an additional 709,121 shares in the last quarter. Invesco Ltd. grew its position in Entegris by 13.4% in the fourth quarter. Invesco Ltd. now owns 3,592,669 shares of the semiconductor company’s stock worth $302,682,000 after acquiring an additional 424,812 shares in the last quarter. UBS Group AG grew its position in Entegris by 19.7% in the third quarter. UBS Group AG now owns 3,405,183 shares of the semiconductor company’s stock worth $314,843,000 after acquiring an additional 559,435 shares in the last quarter. Finally, Bank of America Corp DE grew its position in Entegris by 5.7% in the third quarter. Bank of America Corp DE now owns 3,204,416 shares of the semiconductor company’s stock worth $296,280,000 after acquiring an additional 173,368 shares in the last quarter.

About Entegris

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.