Entegris (NASDAQ:ENTG) Stock Price Target Raised at Barclays

Entegris (NASDAQ:ENTG) had its price objective lifted by Barclays from $212.00 to $224.00 in a research report released on Friday morning,Benzinga reports. The firm currently has an overweight rating on the semiconductor company’s stock.

ENTG has been the subject of several other reports. Freedom Capital upgraded Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. Stifel Nicolaus started coverage on Entegris in a research note on Wednesday, October 7th. They issued a “buy” rating and a $200.00 price target on the stock. BMO Capital Markets boosted their price target on Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Zacks Research cut Entegris from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 7th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Entegris presently has an average rating of “Moderate Buy” and a consensus price target of $187.17.

Entegris Stock Performance

ENTG opened at $154.39 on Friday. The firm’s fifty day simple moving average is $146.32 and its two-hundred day simple moving average is $137.85. Entegris has a 52-week low of $67.97 and a 52-week high of $186.94. The company has a market cap of $23.54 billion, a price-to-earnings ratio of 60.31, a PEG ratio of 1.47 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 (NASDAQ:ENTG) last released its earnings results on Thursday, October 29th. The semiconductor company reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.20. Entegris had a net margin of 11.14% and a return on equity of 13.86%. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $925.35 million. During the same quarter in the previous year, the company earned $0.72 earnings per share. The company’s quarterly revenue was up 24.6% on a year-over-year basis. Equities analysts anticipate that Entegris will post 3.93 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 18th. Stockholders of record on Wednesday, October 28th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, October 28th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s dividend payout ratio (DPR) is presently 20.10%.

Insider Buying and Selling at Entegris

In other news, SVP Joseph Colella sold 3,916 shares of the 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 sale, the senior vice president directly owned 50,297 shares in the company, valued at approximately $8,272,850.56. This trade represents a 7.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Susan G. Rice sold 2,062 shares of Entegris stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total value of $308,310.24. Following the completion of the transaction, the senior vice president owned 66,976 shares of the company’s stock, valued at approximately $10,014,251.52. This trade represents a 2.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 7,978 shares of company stock valued at $1,273,734 in the last 90 days. Company insiders own 0.53% of the company’s stock.

Institutional Investors Weigh In On Entegris

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

Key Entegris News

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

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.