Entegris (NASDAQ:ENTG) Coverage Initiated at Oppenheimer

Research analysts at Oppenheimer started coverage on shares of Entegris (NASDAQ:ENTG) in a research report issued on Thursday,Benzinga reports. The brokerage set a “market perform” rating and a $95.00 price target on the semiconductor company’s stock. Oppenheimer’s price objective indicates a potential upside of 15.88% from the company’s current price.

ENTG has been the subject of several other reports. The Goldman Sachs Group initiated coverage on Entegris in a research note on Thursday, July 10th. They issued a “neutral” rating and a $85.00 price objective for the company. Citigroup reduced their price objective on Entegris from $125.00 to $102.00 and set a “buy” rating for the company in a research note on Thursday, May 8th. UBS Group reduced their price objective on Entegris from $95.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, July 31st. KeyCorp reissued an “overweight” rating and issued a $103.00 price objective (down from $112.00) on shares of Entegris in a research note on Thursday, July 31st. Finally, Mizuho increased their price objective on Entegris from $90.00 to $98.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Entegris currently has a consensus rating of “Moderate Buy” and an average price target of $105.30.

Entegris Trading Up 2.9%

Shares of ENTG stock opened at $81.98 on Thursday. The company has a debt-to-equity ratio of 1.04, a current ratio of 3.30 and a quick ratio of 1.95. The company has a market cap of $12.43 billion, a price-to-earnings ratio of 42.26 and a beta of 1.29. The stock has a 50 day simple moving average of $83.25 and a 200-day simple moving average of $82.81. Entegris has a 1-year low of $60.75 and a 1-year high of $117.88.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.65 by $0.01. Entegris had a return on equity of 12.05% and a net margin of 9.17%.The firm had revenue of $792.40 million during the quarter, compared to the consensus estimate of $753.85 million. During the same period in the prior year, the company earned $0.71 EPS. The firm’s revenue was down 2.5% compared to the same quarter last year. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. On average, equities research analysts expect that Entegris will post 3.51 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Susan G. Rice sold 8,858 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $79.84, for a total transaction of $707,222.72. Following the completion of the transaction, the senior vice president directly owned 56,912 shares in the company, valued at approximately $4,543,854.08. This represents a 13.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Clinton M. Haris sold 3,627 shares of the stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $90.00, for a total value of $326,430.00. Following the transaction, the senior vice president owned 37,743 shares of the company’s stock, valued at approximately $3,396,870. This represents a 8.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company’s stock.

Hedge Funds Weigh In On Entegris

A number of hedge funds have recently modified their holdings of ENTG. Alpine Bank Wealth Management grew its holdings in shares of Entegris by 73.7% during the 2nd quarter. Alpine Bank Wealth Management now owns 311 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 132 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Entegris during the 2nd quarter worth $25,000. Costello Asset Management INC purchased a new position in shares of Entegris during the 1st quarter worth $26,000. Rise Advisors LLC purchased a new position in shares of Entegris during the 1st quarter worth $26,000. Finally, Central Pacific Bank Trust Division grew its holdings in shares of Entegris by 125.7% during the 1st quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 171 shares during the period.

About Entegris

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).