Entegris (NASDAQ:ENTG) Posts Quarterly Earnings Results, Beats Estimates By $0.11 EPS

Entegris (NASDAQ:ENTG) posted its quarterly earnings results on Tuesday. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.11, FiscalAI reports. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The firm had revenue of $883.20 million for the quarter, compared to analysts’ expectations of $835.79 million. During the same period in the prior year, the company posted $0.66 earnings per share. The firm’s quarterly revenue was up 11.5% on a year-over-year basis. Entegris updated its Q3 2026 guidance to 0.960-1.040 EPS.

Here are the key takeaways from Entegris’ conference call:

• Strong Q2 performance: Revenue rose 11% year over year to $883 million, while adjusted net income increased 42% to $143 million; all key metrics exceeded guidance. APS grew 17%, supported by record liquid-filtration sales, strong FOUP demand, and broad-based semiconductor capital-spending strength.
• Growth outlook accelerated: Entegris raised its 2026 semiconductor market growth assumption to 7%-8% and expects Q3 revenue to grow about 14% year over year at the midpoint, with Q4 revenue projected to rise approximately 4% sequentially. Management is tracking more than 20 major leading-edge capacity expansions and expects fab-construction spending to become a larger contributor in 2027.
• Profitability and balance sheet improved: Adjusted gross margin reached 47.6%, its highest level since early 2022, and is expected to expand to 47.5%-48.5% in Q3. Free cash flow was $120 million, enabling $200 million of debt repayment during the quarter and an expected year-end net leverage ratio below 3x.
• Portfolio focus is tightening: The company is exiting its U.S. Life Sciences Fluid Management business and plans to close its Logan, Utah facility, actions intended to concentrate resources on semiconductor opportunities but involving business wind-downs and facility rationalization. Mainstream logic remains mixed and below trend growth, despite modest improvement.

Entegris Stock Performance

Shares of NASDAQ:ENTG opened at $145.55 on Thursday. The business has a fifty day moving average of $144.61 and a 200-day moving average of $134.38. The firm has a market cap of $22.20 billion, a PE ratio of 73.14, a price-to-earnings-growth ratio of 1.68 and a beta of 1.35. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.05 and a current ratio of 3.05. Entegris has a twelve month low of $67.97 and a twelve month high of $186.94.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, July 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s dividend payout ratio (DPR) is presently 23.12%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ENTG. Mizuho lifted their price target on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Freedom Capital raised Entegris to a “strong-buy” rating in a report on Monday. BMO Capital Markets increased their price target on Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Weiss Ratings restated a “hold (c)” rating on shares of Entegris in a research report on Monday. Finally, Deutsche Bank Aktiengesellschaft set a $152.00 target price on Entegris in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Entegris presently has a consensus rating of “Moderate Buy” and a consensus target price of $165.56.

Entegris News Roundup

Here are the key news stories impacting Entegris this week:

• Positive Sentiment: Entegris reported Q2 adjusted earnings of $0.93 per share on revenue of $883.2 million, surpassing estimates of approximately $0.82–$0.83 per share and $835.8 million in revenue. Sales increased 11.5% year over year, supported by AI-driven chip investment and demand for advanced-purity solutions. Entegris Q2 Earnings Beat on AI Demand and Advanced Purity Solutions
• Positive Sentiment: Management issued stronger-than-expected Q3 guidance of $905 million to $935 million in revenue and $0.96 to $1.04 in adjusted EPS, compared with consensus estimates of $875.9 million and $0.92, respectively. Gross margin reached 47.6%, its highest level since early 2022, while bookings improved visibility into 2027. Entegris Q2 Earnings Call Highlights
• Positive Sentiment: Needham raised its price target from $165 to $170 and maintained a Buy rating. Freedom Capital also upgraded ENTG, adding to the positive analyst momentum. Needham Raises Entegris Price Target
• Neutral Sentiment: A valuation analysis argues that Entegris could be roughly 12% undervalued after the earnings report, although the conclusion depends on continued AI-related growth and execution. Entegris Could Be 12% Undervalued
• Negative Sentiment: Despite the improving fundamentals, another analysis cautions that ENTG’s valuation remains demanding, with a price-to-earnings ratio above 70. Continued multiple compression could limit upside if growth or semiconductor spending slows. Entegris: Great Business, Same Valuation Problem
• Negative Sentiment: Recent trading data shows substantially more insider selling than buying, a potential sentiment overhang even though the transactions may reflect routine or planned sales.

Insider Activity

In other news, SVP Joseph Colella sold 6,326 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $140.17, for a total value of $886,715.42. Following the transaction, the senior vice president owned 50,121 shares of the company’s stock, valued at approximately $7,025,460.57. This trade represents a 11.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James P. Lederer sold 3,569 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the transaction, the director owned 18,277 shares in the company, valued at approximately $2,624,394.43. This trade represents a 16.34% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 44,466 shares of company stock worth $6,186,624. 0.53% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ENTG. Johnson Financial Group Inc. increased its stake in shares of Entegris by 147.5% during the 4th quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 236 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in Entegris in the 4th quarter worth about $59,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Entegris by 91.0% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 678 shares of the semiconductor company’s stock worth $63,000 after purchasing an additional 323 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Entegris by 77.2% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 856 shares of the semiconductor company’s stock valued at $79,000 after buying an additional 373 shares during the period. Finally, Advisors Asset Management Inc. increased its stake in Entegris by 36.5% during the 4th quarter. Advisors Asset Management Inc. now owns 1,398 shares of the semiconductor company’s stock worth $118,000 after acquiring an additional 374 shares during the period.

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.