Needham & Company LLC Issues Positive Forecast for Entegris (NASDAQ:ENTG) Stock Price

Entegris (NASDAQ:ENTG) had its target price increased by Needham & Company LLC from $100.00 to $150.00 in a report published on Tuesday,Benzinga reports. Needham & Company LLC currently has a buy rating on the semiconductor company’s stock.

Several other equities research analysts also recently issued reports on the company. Mizuho reduced their price objective on Entegris from $108.00 to $96.00 and set an “outperform” rating for the company in a research note on Thursday, November 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a report on Monday, December 29th. KeyCorp raised their price target on shares of Entegris from $107.00 to $111.00 and gave the stock an “overweight” rating in a report on Friday, January 9th. Zacks Research raised shares of Entegris from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 30th. Finally, The Goldman Sachs Group downgraded shares of Entegris from a “neutral” rating to a “sell” rating and cut their target price for the stock from $88.00 to $75.00 in a research report on Monday, December 15th. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Entegris currently has an average rating of “Hold” and an average price target of $102.71.

Entegris Price Performance

ENTG stock opened at $115.00 on Tuesday. Entegris has a one year low of $60.75 and a one year high of $119.61. The firm has a 50-day moving average of $88.42 and a two-hundred day moving average of $87.55. The firm has a market capitalization of $17.43 billion, a PE ratio of 60.85 and a beta of 1.31. The company has a current ratio of 3.44, a quick ratio of 2.13 and a debt-to-equity ratio of 0.99.

Entegris (NASDAQ:ENTG) last released its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.72. Entegris had a net margin of 8.95% and a return on equity of 11.61%. The business had revenue of $807.10 million for the quarter, compared to analyst estimates of $804.63 million. During the same quarter in the previous year, the business earned $0.77 earnings per share. The firm’s revenue was down .1% compared to the same quarter last year. Entegris has set its Q4 2025 guidance at 0.620-0.690 EPS. On average, analysts forecast that Entegris will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 18th. Stockholders of record on Wednesday, January 28th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, January 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s dividend payout ratio is currently 21.16%.

Insider Buying and Selling

In other news, Director James P. Lederer sold 2,008 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $92.84, for a total value of $186,422.72. Following the completion of the sale, the director directly owned 20,434 shares in the company, valued at approximately $1,897,092.56. The trade was a 8.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Olivier Blachier sold 488 shares of the firm’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $77.43, for a total transaction of $37,785.84. Following the completion of the transaction, the senior vice president owned 14,124 shares in the company, valued at $1,093,621.32. The trade was a 3.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 63,643 shares of company stock valued at $4,966,433 in the last quarter. Company insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On Entegris

A number of hedge funds have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its stake in shares of Entegris by 16.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 7,234 shares of the semiconductor company’s stock worth $627,000 after purchasing an additional 1,046 shares during the period. IFM Investors Pty Ltd increased its position in Entegris by 5.5% in the 2nd quarter. IFM Investors Pty Ltd now owns 28,960 shares of the semiconductor company’s stock worth $2,336,000 after buying an additional 1,510 shares during the period. AdvisorNet Financial Inc lifted its holdings in shares of Entegris by 3,869.8% during the second quarter. AdvisorNet Financial Inc now owns 5,002 shares of the semiconductor company’s stock worth $403,000 after buying an additional 4,876 shares during the last quarter. Fifth Third Bancorp boosted its position in shares of Entegris by 57.6% in the second quarter. Fifth Third Bancorp now owns 21,338 shares of the semiconductor company’s stock valued at $1,721,000 after acquiring an additional 7,800 shares during the period. Finally, Public Employees Retirement System of Ohio grew its stake in shares of Entegris by 0.6% in the second quarter. Public Employees Retirement System of Ohio now owns 47,437 shares of the semiconductor company’s stock worth $3,826,000 after acquiring an additional 300 shares during the last quarter.

Entegris Company Profile

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.