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Posted by Defense World Staff on Jul 22nd, 2026

California Public Employees Retirement System boosted its stake in Entegris, Inc. (NASDAQ:ENTG – Free Report) by 21.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 255,615 shares of the semiconductor company’s stock after buying an additional 44,533 shares during the period. California Public Employees Retirement System owned 0.17% of Entegris worth $29,968,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of ENTG. Dream Peak Capital Ltd bought a new position in Entegris in the fourth quarter worth $27,025,000. SG Americas Securities LLC boosted its holdings in shares of Entegris by 616.5% during the 4th quarter. SG Americas Securities LLC now owns 146,230 shares of the semiconductor company’s stock valued at $12,320,000 after buying an additional 125,822 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Entegris by 20.9% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 202,196 shares of the semiconductor company’s stock valued at $17,035,000 after buying an additional 34,894 shares in the last quarter. Perpetual Ltd grew its position in shares of Entegris by 2.7% in the 4th quarter. Perpetual Ltd now owns 418,090 shares of the semiconductor company’s stock worth $35,224,000 after buying an additional 10,889 shares during the period. Finally, Norges Bank purchased a new stake in shares of Entegris in the 4th quarter worth about $158,669,000.

Analyst Upgrades and Downgrades ENTG has been the subject of a number of recent research reports. Mizuho lifted their price target on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. The Goldman Sachs Group restated a “sell” rating and issued a $115.00 price objective on shares of Entegris in a report on Friday, May 1st. Weiss Ratings raised shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Citigroup reiterated a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Entegris from $145.00 to $155.00 and gave the stock a “hold” rating in a research report on Monday, July 6th. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $164.22.

Get Our Latest Analysis on Entegris

Insider Activity In related news, SVP Clinton M. Haris sold 6,848 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the sale, the senior vice president directly owned 54,961 shares of the company’s stock, valued at $8,201,830.03. This trade represents a 11.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Olivier Blachier sold 2,000 shares of Entegris stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $140.04, for a total value of $280,080.00. Following the completion of the sale, the senior vice president owned 34,897 shares of the company’s stock, valued at $4,886,975.88. The trade was a 5.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 44,466 shares of company stock valued at $6,186,624. Corporate insiders own 0.53% of the company’s stock.

Entegris Stock Up 4.8% Shares of Entegris stock opened at $140.17 on Wednesday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.05 and a current ratio of 3.21. The stock has a market capitalization of $21.38 billion, a PE ratio of 81.02, a price-to-earnings-growth ratio of 1.56 and a beta of 1.31. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94. The company has a 50-day simple moving average of $146.12 and a two-hundred day simple moving average of $132.15.

Entegris (NASDAQ:ENTG – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.11. The firm 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%. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, analysts anticipate that Entegris, Inc. will post 3.65 EPS for the current fiscal year.

Entegris Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th will be paid a $0.10 dividend. The ex-dividend date is Wednesday, July 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s payout ratio is currently 23.12%.

Entegris Profile (Free Report)

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.

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Posted by Defense World Staff on Jul 19th, 2026

Bank of New York Mellon Corp increased its stake in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) by 8.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,428,627 shares of the semiconductor company’s stock after buying an additional 105,235 shares during the period. Bank of New York Mellon Corp owned 0.94% of Entegris worth $167,492,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Steph & Co. acquired a new stake in Entegris during the fourth quarter worth approximately $25,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Entegris in the fourth quarter valued at approximately $29,000. Millstone Evans Group LLC grew its position in shares of Entegris by 191.3% in the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 176 shares during the last quarter. Johnson Financial Group Inc. grew its position in shares of Entegris by 147.5% in the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 236 shares during the last quarter. Finally, First Horizon Corp lifted its holdings in Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 178 shares during the last quarter.

Insider Buying and Selling In related news, SVP Olivier Blachier sold 2,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $140.04, for a total transaction of $280,080.00. Following the completion of the sale, the senior vice president owned 34,897 shares of the company’s stock, valued at $4,886,975.88. This represents a 5.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director James P. Lederer sold 3,569 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total transaction of $512,472.71. Following the sale, the director owned 18,277 shares in the company, valued at $2,624,394.43. The trade was a 16.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 44,466 shares of company stock valued at $6,186,624 in the last ninety days. Insiders own 0.53% of the company’s stock.

Entegris Trading Up 3.1% Shares of ENTG stock opened at $138.74 on Friday. The stock has a market cap of $21.16 billion, a P/E ratio of 80.20, a price-to-earnings-growth ratio of 1.62 and a beta of 1.31. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91. The stock has a 50 day simple moving average of $146.53 and a 200 day simple moving average of $131.11.

Entegris (NASDAQ:ENTG – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11. The firm had revenue of $811.90 million for the quarter, compared to analyst estimates of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The company’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the company earned $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, research analysts predict that Entegris, Inc. will post 3.65 earnings per share for the current fiscal year.

Entegris Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be given a $0.10 dividend. The ex-dividend date is Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s dividend payout ratio (DPR) is presently 23.12%.

Analysts Set New Price Targets ENTG has been the subject of several recent research reports. Zacks Research downgraded Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Oppenheimer reiterated an “outperform” rating and set a $160.00 price objective on shares of Entegris in a research report on Friday, May 1st. Needham & Company LLC lifted their target price on Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Citigroup reissued a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. Finally, UBS Group upped their price target on shares of Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Seven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $164.22.

View Our Latest Stock Report on ENTG

About Entegris (Free Report)

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.

Read More Five stocks we like better than Entegris Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs? The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story Why Intuitive Surgical’s Strong Quarter Still Spooked Investors Want to see what other hedge funds are holding ENTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Entegris, Inc. (NASDAQ:ENTG – Free Report).

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BILLERICA, Mass.--(BUSINESS WIRE)--Entegris, Inc. (Nasdaq: ENTG), a leading supplier of critical advanced materials and process solutions for the semiconductor and other high-technology industries, today announced that its board of directors has authorized a quarterly cash dividend of $0.10 per share to be paid on August 19, 2026, to shareholders of record on the close of business on July 29, 2026. ABOUT ENTEGRIS Entegris is a leading supplier of critical advanced materials and process solution.

Shares of Entegris (ENTG - Free Report) have gained 0.5% over the past four weeks to close the last trading session at $135.08, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $169.3 indicates a potential upside of 25.3%.

The average comprises 10 short-term price targets ranging from a low of $115.00 to a high of $205.00, with a standard deviation of $25.46. While the lowest estimate indicates a decline of 14.9% from the current price level, the most optimistic estimate points to a 51.8% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.

While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.

However, an impressive consensus price target is not the only factor that indicates a potential upside in ENTG. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.

Price, Consensus and EPS Surprise

Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.

While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?

They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.

However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.

That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.

Why ENTG Could Witness a Solid UpsideThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current year, one estimate has moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 0.8%.

Moreover, ENTG currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Therefore, while the consensus price target may not be a reliable indicator of how much ENTG could gain, the direction of price movement it implies does appear to be a good guide.

Entegris (ENTG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Semis rallied with the support of tailwinds, but they reversed course when the same tailwinds turned into headwinds in Q1 2026. Semis lost most of their gains as they headed into Q2 2026 and it could have been worse if not for the prospect of something that may not be attainable. Q2 2026 is likely to see increased volatility, unless a resolution is found to the Middle East and the uncertainty hanging over semis is lifted.

Posted by Defense World Staff on Apr 10th, 2026

Representative April McClain Delaney (Democratic-Maryland) recently bought shares of Packaging Corporation of America (NYSE:PKG). In a filing disclosed on April 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Packaging Corporation of America stock on March 17th.

Representative April McClain Delaney also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Nasdaq (NASDAQ:NDAQ) on 3/31/2026. Purchased $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 3/31/2026. Purchased $1,001 – $15,000 in shares of Rollins (NYSE:ROL) on 3/31/2026. Purchased $1,001 – $15,000 in shares of Somnigroup International (NYSE:SGI) on 3/31/2026. Purchased $1,001 – $15,000 in shares of Entegris (NASDAQ:ENTG) on 3/31/2026. Sold $1,001 – $15,000 in shares of Bio-Techne (NASDAQ:TECH) on 3/26/2026. Purchased $1,001 – $15,000 in shares of Packaging Corporation of America (NYSE:PKG) on 3/20/2026. Purchased $1,001 – $15,000 in shares of Nasdaq (NASDAQ:NDAQ) on 3/18/2026. Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 3/16/2026. Purchased $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 3/16/2026. Packaging Corporation of America Stock Performance Shares of PKG stock opened at $208.13 on Friday. The company has a market capitalization of $18.53 billion, a P/E ratio of 24.29, a P/E/G ratio of 1.90 and a beta of 0.90. The business’s 50 day moving average is $223.19 and its two-hundred day moving average is $212.90. The company has a current ratio of 3.17, a quick ratio of 1.94 and a debt-to-equity ratio of 0.86. Packaging Corporation of America has a 12-month low of $176.45 and a 12-month high of $249.51.

Packaging Corporation of America (NYSE:PKG – Get Free Report) last issued its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.41 by ($0.09). The business had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.43 billion. Packaging Corporation of America had a return on equity of 19.22% and a net margin of 8.61%.The business’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.47 EPS. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. Analysts expect that Packaging Corporation of America will post 10.44 EPS for the current fiscal year.

Packaging Corporation of America Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Friday, March 13th will be given a dividend of $1.25 per share. The ex-dividend date is Friday, March 13th. This represents a $5.00 dividend on an annualized basis and a yield of 2.4%. Packaging Corporation of America’s dividend payout ratio is currently 58.34%.

Hedge Funds Weigh In On Packaging Corporation of America A number of institutional investors have recently added to or reduced their stakes in PKG. Cornerstone Planning Group LLC lifted its position in Packaging Corporation of America by 105.4% during the third quarter. Cornerstone Planning Group LLC now owns 115 shares of the industrial products company’s stock worth $25,000 after buying an additional 59 shares in the last quarter. DV Equities LLC purchased a new position in Packaging Corporation of America during the fourth quarter worth approximately $26,000. KERR FINANCIAL PLANNING Corp purchased a new position in Packaging Corporation of America during the third quarter worth approximately $31,000. Covestor Ltd lifted its position in Packaging Corporation of America by 140.0% during the fourth quarter. Covestor Ltd now owns 156 shares of the industrial products company’s stock worth $32,000 after buying an additional 91 shares in the last quarter. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its position in Packaging Corporation of America by 94.1% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company’s stock worth $34,000 after buying an additional 80 shares in the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Wall Street Analysts Forecast Growth A number of equities analysts have issued reports on PKG shares. Deutsche Bank Aktiengesellschaft began coverage on Packaging Corporation of America in a research report on Wednesday, April 1st. They set a “hold” rating and a $225.00 price target on the stock. Citigroup raised their target price on Packaging Corporation of America from $226.00 to $227.00 and gave the company a “neutral” rating in a research report on Thursday, January 29th. Zacks Research upgraded Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 6th. Wells Fargo & Company decreased their target price on Packaging Corporation of America from $234.00 to $226.00 and set an “overweight” rating on the stock in a research report on Tuesday. Finally, UBS Group raised their target price on Packaging Corporation of America from $230.00 to $235.00 and gave the company a “neutral” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Packaging Corporation of America presently has a consensus rating of “Moderate Buy” and an average target price of $233.29.

Check Out Our Latest Research Report on PKG

Insider Buying and Selling In related news, President Thomas A. Hassfurther sold 12,129 shares of Packaging Corporation of America stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $230.50, for a total transaction of $2,795,734.50. Following the transaction, the president owned 197,062 shares in the company, valued at approximately $45,422,791. This trade represents a 5.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.60% of the company’s stock.

About Representative McClain Delaney April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

About Packaging Corporation of America (Get Free Report)

Packaging Corporation of America (NYSE: PKG) is a leading North American manufacturer of containerboard and corrugated packaging products. The company produces a range of paper-based packaging solutions including linerboard, corrugating medium, corrugated shipping containers, retail-ready packaging and point-of-purchase displays. In addition to core packaging products, Packaging Corporation of America offers packaging design, testing and supply-chain services intended to optimize protection, cost and sustainability for customers.

Headquartered in Lake Forest, Illinois, the company operates an integrated network of mills and corrugated manufacturing facilities across the United States and serves customers throughout North America in industries such as e-commerce, grocery and food & beverage, consumer packaged goods and industrial markets.

Further Reading Five stocks we like better than Packaging Corporation of America Receive News & Ratings for Packaging Corporation of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Packaging Corporation of America and related companies with MarketBeat.com's FREE daily email newsletter.

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BILLERICA, Mass.--(BUSINESS WIRE)--Entegris, Inc. (NASDAQ: ENTG), will release its financial results for the first quarter of 2026, before the opening of the market on Thursday, April 30, 2026. A teleconference with management is scheduled for the same day at 8:00am ET.

Participants should dial +1 833-316-1983 or +1 785-838-9310 and reference Conference ID: ENTGQ126. Participants are asked to dial-in 5 to 10 minutes prior to the start of the call. For the live webcast and replay of the call, please Click Here.

ABOUT ENTEGRIS

Entegris is a leading supplier of advanced materials and process solutions for the semiconductor and other high-tech industries. Entegris has approximately 7,700 employees throughout its global operations and is ISO 9001 certified. It has manufacturing, customer service and/or research facilities in the United States, Canada, China, Germany, Israel, Japan, Malaysia, Singapore, South Korea, and Taiwan. Additional information can be found at www.entegris.com.

More News From Entegris, Inc.

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Posted by Defense World Staff on Apr 23rd, 2026

Entegris, Inc. (NASDAQ:ENTG – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $151.99 and last traded at $147.93, with a volume of 2637737 shares trading hands. The stock had previously closed at $146.99.

Analyst Ratings Changes A number of research analysts have issued reports on ENTG shares. UBS Group lifted their price objective on Entegris from $150.00 to $185.00 and gave the company a “buy” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft cut Entegris from a “buy” rating to a “hold” rating and set a $105.00 price objective for the company. in a research note on Tuesday, February 3rd. BMO Capital Markets reiterated an “outperform” rating and set a $148.00 price objective on shares of Entegris in a research note on Wednesday, February 11th. Needham & Company LLC reiterated a “strong-buy” rating on shares of Entegris in a research note on Tuesday, January 20th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research note on Monday, December 29th. Six equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Entegris has an average rating of “Hold” and an average price target of $137.67.

Get Our Latest Analysis on Entegris

Entegris Price Performance The company has a quick ratio of 2.04, a current ratio of 3.35 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $22.49 billion, a PE ratio of 96.06, a PEG ratio of 2.76 and a beta of 1.32. The firm’s fifty day simple moving average is $126.09 and its 200-day simple moving average is $105.57.

Entegris (NASDAQ:ENTG – Get Free Report) last issued its earnings results on Tuesday, February 10th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.03. Entegris had a net margin of 7.37% and a return on equity of 10.87%. The business had revenue of $823.90 million during the quarter, compared to analysts’ expectations of $811.04 million. During the same period in the previous year, the company earned $0.84 earnings per share. The business’s revenue for the quarter was down 3.0% compared to the same quarter last year. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. On average, research analysts forecast that Entegris, Inc. will post 3.4 earnings per share for the current fiscal year.

Entegris Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th will be paid a $0.10 dividend. The ex-dividend date is Wednesday, April 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s payout ratio is currently 25.97%.

Insider Transactions at Entegris In other news, SVP Olivier Blachier sold 1,664 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $131.49, for a total value of $218,799.36. Following the completion of the transaction, the senior vice president owned 29,497 shares in the company, valued at $3,878,560.53. The trade was a 5.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Bertrand Loy sold 65,250 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $119.61, for a total transaction of $7,804,552.50. Following the transaction, the insider directly owned 306,422 shares of the company’s stock, valued at $36,651,135.42. The trade was a 17.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 283,645 shares of company stock valued at $37,970,163. Insiders own 0.53% of the company’s stock.

Institutional Inflows and Outflows Several hedge funds have recently made changes to their positions in the stock. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of Entegris by 0.3% during the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock valued at $2,645,000 after purchasing an additional 100 shares during the last quarter. Verdence Capital Advisors LLC raised its holdings in shares of Entegris by 2.7% during the third quarter. Verdence Capital Advisors LLC now owns 4,817 shares of the semiconductor company’s stock valued at $454,000 after purchasing an additional 126 shares during the last quarter. Northwestern Mutual Investment Management Company LLC raised its holdings in shares of Entegris by 0.4% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock valued at $2,858,000 after purchasing an additional 127 shares during the last quarter. TD Private Client Wealth LLC raised its holdings in shares of Entegris by 13.3% during the fourth quarter. TD Private Client Wealth LLC now owns 1,152 shares of the semiconductor company’s stock valued at $97,000 after purchasing an additional 135 shares during the last quarter. Finally, CIBC Asset Management Inc raised its holdings in shares of Entegris by 2.1% during the fourth quarter. CIBC Asset Management Inc now owns 6,698 shares of the semiconductor company’s stock valued at $564,000 after purchasing an additional 140 shares during the last quarter.

About Entegris (Get Free Report)

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.

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BILLERICA, Mass.--(BUSINESS WIRE)--Entegris, Inc. (NASDAQ: ENTG), today reported its financial results for the Company’s first quarter ended March 28, 2026.

Dave Reeder, Entegris’ President and Chief Executive Officer, said: “Entegris delivered solid first quarter results, continuing our trend of disciplined execution and focused customer engagement. Revenue grew 5% year-over-year, primarily driven by increasing unit-driven volumes related to the industry’s most advanced manufacturing processes. Adjusted gross margin, adjusted EBITDA margin and non-GAAP EPS all exceeded our guidance range. Strong cash generation allowed us to reduce leverage while continuing to invest in our customers’ technology roadmaps.”

Mr. Reeder added: “Despite geopolitical tensions, the semiconductor market continues to improve, driven by accelerating AI-related demand. This momentum is reflected in strengthening order patterns across our portfolio. Entegris’ differentiated product portfolio is well positioned to capture incremental content from industry node migrations and manufacturing capacity expansions.”

Quarterly Financial Results Summary

(in millions, except percentages and per share data)

GAAP Results

Mar 28, 2026

Mar 29, 2025

Dec 31, 2025

Net sales

$811.9

$773.2

$823.9

Gross margin - as a % of net sales

46.9%

46.1%

43.8%

Operating margin - as a % of net sales

17.4%

15.8%

12.7%

Net income

$92.0

$62.9

$49.4

Diluted earnings per common share

$0.60

$0.41

$0.32

Non-GAAP Results

Mar 28, 2026

Mar 29, 2025

Dec 31, 2025

Adjusted gross margin - as a % of net sales

46.9%

46.1%

44.0%

Adjusted operating margin - as a % of net sales

23.6%

22.1%

21.2%

Adjusted EBITDA - as a % of net sales

27.8%

28.5%

27.7%

Diluted non-GAAP earnings per common share

$0.86

$0.67

$0.70

Second Quarter of 2026 Outlook

For the Company’s guidance for the second quarter ending June 27, 2026, the Company expects sales of $815 million to $845 million. We expect GAAP net income to be between $82 million and $94 million and diluted earnings per common share is expected to be between $0.53 and $0.61. On a non-GAAP basis, the Company expects diluted earnings per common share to range from $0.76 to $0.84, reflecting net income on a non-GAAP basis in the range of $116 million to $129 million. The Company also expects Adjusted EBITDA of approximately 27.0% to 28.0% of sales.

Segment Results

The Company currently operates in two segments:

Materials Solutions (MS): MS provides materials-based solutions, such as chemical vapor and atomic layer deposition materials, chemical mechanical planarization slurries and pads, ion implantation specialty gases, formulated etch and clean materials, and other specialty materials that enable our customers to achieve better device performance and faster time to yield, while providing for lower total cost of ownership.

Advanced Purity Solutions (APS): APS offers filtration, purification and contamination-control solutions that improve customers’ yield, device reliability and cost by ensuring the purity of critical liquid chemistries and gases and the cleanliness of wafers and other substrates used throughout semiconductor manufacturing processes, the semiconductor ecosystem and other high-technology industries.

First Quarter Results Conference Call

Entegris will hold a conference call to discuss its results for the first quarter on Thursday, April 30, 2026, at 8:00 a.m. Eastern Time. Participants should dial 833-316-1983 or +1 785-838-9310, referencing confirmation ID: ENTGQ126. Participants are asked to dial in 10 minutes prior to the start of the call. For the live webcast and replay of the call, please Click Here.

Management’s slide presentation concerning the results for the first quarter will be posted on the Investor Relations section of www.entegris.com.

About Entegris

Entegris is a leading supplier of critical advanced materials and process solutions for the semiconductor and other high-technology industries. Entegris has approximately 7,700 employees throughout its global operations and is ISO 9001 certified. It has manufacturing, customer service and/or research facilities in the United States, Canada, China, Germany, Israel, Japan, Malaysia, Singapore, South Korea, and Taiwan. Additional information can be found at www.entegris.com.

Non-GAAP Information

The Company’s condensed consolidated financial statements are prepared in conformity with accounting principles generally accepted in the United States (GAAP). Adjusted Net Sales, Adjusted EBITDA, Adjusted Gross Profit, Adjusted Segment Profit, Adjusted Operating Income, non-GAAP Net Income, non-GAAP Adjusted Operating Margin and diluted non-GAAP Earnings Per Common Share, together with related measures thereof, are considered “non-GAAP financial measures” under the rules and regulations of the Securities and Exchange Commission. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. The Company provides supplemental non-GAAP financial measures to better understand and manage its business and believes these measures provide investors and analysts additional and meaningful information for the assessment of the Company’s ongoing results. Management also uses these non-GAAP measures to assist in the evaluation of the performance of its business segments and to make operating decisions. Management believes that the Company’s non-GAAP measures help indicate the Company’s baseline performance before certain gains, losses or other charges that may not be indicative of the Company’s business or future outlook, and that non-GAAP measures offer a more consistent view of business performance. The Company believes the non-GAAP measures aid investors’ overall understanding of the Company’s results by providing a higher degree of transparency for such items and providing a level of disclosure that will help investors generally understand how management plans, measures and evaluates the Company’s business performance. Management believes that the inclusion of non-GAAP measures provides greater consistency in its financial reporting and facilitates investors’ understanding of the Company’s historical operating trends by providing an additional basis for comparisons to prior periods. The reconciliations of GAAP net sales to Adjusted Net Sales (excluding divestiture), GAAP gross profit to Adjusted Gross Profit, GAAP segment profit to Adjusted Operating Income, GAAP net income to Adjusted Operating Income and Adjusted EBITDA, GAAP net income and diluted earnings per common share to non-GAAP Net Income and diluted non-GAAP Earnings Per Common Share and GAAP outlook to non-GAAP outlook are included elsewhere in this release.

Cautionary Note on Forward-Looking Statements

This news release contains “forward-looking statements.” The words “believe,” “expect,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “should,” “may,” “will,” “would” or the negative thereof and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are based on current management expectations and assumptions only as of the date of this news release. They are not guarantees of future performance and they involve substantial risks and uncertainties that are difficult to predict and that could cause actual results to differ materially from the results expressed in, or implied by, these forward-looking statements. These risks and uncertainties include, but are not limited to, fluctuations in the demand for semiconductors and the overall volume of semiconductor manufacturing; the impact of global economic uncertainty, including financial market volatility, which may result in lower consumer spending, inflationary pressures, a higher interest rate environment, an economic recession, and bank instability; supply chain interruptions and the Company’s dependence on sole, single, and limited source suppliers and related raw material shortages and cost increases; operational, political, legal and other risks associated with the Company’s international operations, including challenges in hiring and integrating workers in different countries, maintaining appropriate business practices across the varied jurisdictions in which we operate, and engaging and managing global, regional and local third-party service providers and risks related to geopolitical uncertainty and regional and global instabilities and hostilities, including, but not limited to, the ongoing conflicts between Ukraine and Russia, and conflicts in the Middle East, as well as the global responses thereto; export controls, economic sanctions, and similar restrictions; the concentration and consolidation of the Company’s customer base; the Company’s ability to meet rapid demand shifts; the Company’s ability to continue technological innovation and to introduce new products to meet customers’ rapidly changing requirements; manufacturing and other operational disruptions or delays; IT system failures, network disruptions, and cybersecurity risks; tariffs, additional taxes and other protectionist measures resulting from international trade disputes, strained international relations and changes in foreign and national security policy; the risks associated with the use and manufacture of hazardous materials; goodwill impairment; challenges in attracting and retaining qualified personnel; the Company’s ability to protect and enforce intellectual property rights; artificial intelligence; the Company’s environmental, social, and governance commitments; legal and regulatory risks, including changes in laws and regulations related to the environment, health and safety, accounting standards, and corporate governance, across the jurisdictions in which the Company operates; changes in taxation or adverse tax rulings; the ability to obtain government incentives and the possibility that competitors will benefit from government incentives for which the Company does not qualify; the amount and consequences of the Company’s indebtedness, the Company’s ability to repay its debt and to obtain future financing, and the Company’s obligations under its current outstanding credit facilities; volatility in the Company’s stock price; the payment of cash dividends and the adoption of future share repurchase programs; the Company’s ability to effectively implement any organizational changes; substantial competition; the Company’s ability to identify, complete and integrate acquisitions, joint ventures, divestitures or other similar transactions; the impacts of climate change; and other matters. These risks and uncertainties also include, but are not limited to, the risk factors and additional information described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the Securities and Exchange Commission (the “SEC”) on February 11, 2026, including under the heading “Risk Factors” in Item 1A, and in the Company’s other periodic filings with the SEC. Except as required under the federal securities laws and the rules and regulations of the SEC, the Company undertakes no obligation to update any forward-looking statements or information contained herein, which speak as of their respective dates.

Entegris, Inc. and Subsidiaries

Condensed Consolidated Statements of Operations

(In millions, except per share data)

(Unaudited)

  Three months ended

Mar 28, 2026

Mar 29, 2025

Dec 31, 2025

Net sales

$811.9

$773.2

$823.9

Cost of sales

431.1

416.7

463.3

Gross profit

380.8

356.5

360.6

Selling, general and administrative expenses

117.6

103.3

130.4

Engineering, research and development expenses

75.3

84.8

79.0

Amortization of intangible assets

46.3

46.1

46.3

Operating income

141.6

122.3

104.9

Interest expense, net

47.0

49.6

45.7

Other expense, net

1.4

1.3

4.1

Income before income tax expense

93.2

71.4

55.1

Income tax expense

1.0

8.2

5.5

Equity in net loss of affiliates

0.2

0.3

0.2

Net income

$92.0

$62.9

$49.4

Basic earnings per common share

$0.60

$0.42

$0.33

Diluted earnings per common share

$0.60

$0.41

$0.32

Weighted average shares outstanding:

Basic

152.3

151.4

151.9

Diluted

153.2

152.0

152.5

Entegris, Inc. and Subsidiaries

Condensed Consolidated Balance Sheets

(In millions)

(Unaudited)

  Mar 28, 2026

Dec 31, 2025

ASSETS

Current assets:

Cash and cash equivalents

$442.7

$360.4

Trade accounts and notes receivable, net

529.5

458.7

Inventories, net

644.4

643.2

Deferred tax charges and refundable income taxes

29.0

35.1

Other current assets

140.4

140.8

Total current assets

1,786.0

1,638.2

Property, plant and equipment, net

1,636.6

1,636.1

Right-of-use assets

116.5

108.7

Goodwill

3,947.6

3,946.7

Intangible assets, net

860.7

906.9

Deferred tax assets and other noncurrent tax assets

110.0

91.6

Other noncurrent assets

17.7

22.3

Total assets

$8,475.1

$8,350.5

LIABILITIES AND EQUITY

Current liabilities

Accounts payable

$209.0

$171.5

Accrued liabilities

255.9

234.7

Income taxes payable

90.7

82.4

Total current liabilities

555.6

488.6

Long-term debt

3,651.2

3,697.6

Long-term lease liabilities

106.3

98.6

Other liabilities

112.8

112.3

Shareholders’ equity

4,049.2

3,953.4

Total liabilities and equity

$8,475.1

$8,350.5

Entegris, Inc. and Subsidiaries

Condensed Consolidated Statements of Cash Flows

(In millions)

(Unaudited)

  Three months ended

Mar 28, 2026

Mar 29, 2025

Operating activities:

Net income

$92.0

$62.9

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation

34.1

49.9

Amortization

46.3

46.1

Share-based compensation expense

16.7

13.4

Provision for deferred income taxes

(18.5)

(16.2)

Other

20.2

19.2

Changes in operating assets and liabilities:

Trade accounts and notes receivable

(72.1)

(1.5)

Inventories

(15.3)

(45.2)

Accounts payable and accrued liabilities

63.8

9.6

Income taxes payable and refundable income taxes

14.4

5.6

Other

1.4

(3.4)

Net cash provided by operating activities

183.0

140.4

Investing activities:

Acquisition of property, plant and equipment

(41.5)

(108.0)

Proceeds from government incentives

2.0

—

Other

1.1

(0.3)

Net cash used in investing activities

(38.4)

(108.3)

Financing activities:

Proceeds from debt

65.0

180.0

Payments of debt

(115.0)

(180.0)

Payments for dividends

(15.4)

(15.4)

Issuance of common stock

14.3

1.4

Taxes paid related to net share settlement of equity awards

(10.1)

(8.0)

Other

(0.4)

(0.4)

Net cash used in financing activities

(61.6)

(22.4)

Effect of exchange rate changes on cash and cash equivalents

(0.7)

2.0

Increase in cash and cash equivalents

82.3

11.7

Cash and cash equivalents at beginning of period

360.4

329.2

Cash and cash equivalents at end of period

$442.7

$340.9

Entegris, Inc. and Subsidiaries

Segment Information

(In millions)

(Unaudited)

  Three months ended

Net sales

Mar 28, 2026

Mar 29, 2025

Dec 31, 2025

Materials Solutions

$351.1

$341.4

$361.8

Advanced Purity Solutions

463.6

433.9

464.5

Inter-segment elimination

(2.8)

(2.1)

(2.4)

Total net sales

$811.9

$773.2

$823.9

Three months ended

Segment profit

Mar 28, 2026

Mar 29, 2025

Dec 31, 2025

Materials Solutions

$75.9

$75.0

$63.9

Advanced Purity Solutions

133.6

108.1

104.2

Total segment profit

209.5

183.1

168.1

Amortization of intangibles

(46.3)

(46.1)

(46.3)

Unallocated expenses

(21.6)

(14.7)

(16.9)

Total operating income

$141.6

$122.3

$104.9

Entegris, Inc. and Subsidiaries

Reconciliation of GAAP Gross Profit to Adjusted Gross Profit

(In millions)

(Unaudited)

  Three months ended

Mar 28, 2026

Mar 29, 2025

Dec 31, 2025

Net sales

$811.9

$773.2

$823.9

Gross profit-GAAP

$380.8

$356.5

$360.6

Adjustments to gross profit:

Restructuring costs (1)

0.3

0.2

1.7

Adjusted gross profit

$381.1

$356.7

$362.3

Gross margin - as a % of net sales

46.9 %

46.1 %

43.8 %

Adjusted gross margin - as a % of net sales

46.9 %

46.1 %

44.0 %

  (1) Restructuring charges resulting from discrete cost saving initiatives inclusive of employee termination benefit and contract termination costs, primarily related to (i) an internal reorganization, combining two complementary divisions into one and realigning our customer facing organization and (ii) workforce reductions and contract termination costs.

Entegris, Inc. and Subsidiaries

Reconciliation of GAAP Segment Profit to Adjusted Operating Income

(In millions)

(Unaudited)

  Three months ended

Adjusted segment profit

Mar 28, 2026

Mar 29, 2025

Dec 31, 2025

MS segment profit

$75.9

$75.0

$63.9

Restructuring costs (1)

1.2

0.1

0.9

Loss on sale of business (2)

—

—

10.9

MS adjusted segment profit

$77.1

$75.1

$75.7

APS segment profit

$133.6

$108.1

$104.2

Restructuring costs (1)

1.5

2.3

10.8

APS adjusted segment profit

$135.1

$110.4

$115.0

Unallocated general and administrative expenses

$21.6

$14.7

$16.9

Less: unallocated restructuring costs (1)

(1.4)

—

(0.6)

Adjusted unallocated general and administrative expenses

$20.2

$14.7

$16.3

Total adjusted segment profit

$212.2

$185.5

$190.7

Less: adjusted unallocated general and administrative expenses

(20.2)

(14.7)

(16.3)

Total adjusted operating income

$192.0

$170.8

$174.4

  (1) Restructuring charges resulting from discrete cost saving initiatives inclusive of employee termination benefit and contract termination costs, primarily related to (i) an internal reorganization, combining two complementary divisions into one and realigning our customer facing organization and (ii) workforce reductions and contract termination costs.

(2) Non-recurring net loss from the sale of a small, industrial specialty chemicals business.

Entegris, Inc. and Subsidiaries

Reconciliation of GAAP Net Income to Adjusted Operating Income and Adjusted EBITDA

(In millions)

(Unaudited)

  Three months ended

Mar 28, 2026

Mar 29, 2025

Dec 31, 2025

Net sales

$811.9

$773.2

$823.9

Net income

$92.0

$62.9

$49.4

Net income - as a % of net sales

11.3%

8.1%

6.0%

Adjustments to net income:

Equity in net loss of affiliates

0.2

0.3

0.2

Income tax expense

1.0

8.2

5.5

Interest expense, net

47.0

49.6

45.7

Other expense, net

1.4

1.3

4.1

GAAP - Operating income

141.6

122.3

104.9

Operating margin - as a % of net sales

17.4%

15.8%

12.7%

Restructuring costs (1)

4.1

2.4

12.3

Loss on sale of business (2)

—

—

10.9

Amortization of intangible assets (3)

46.3

46.1

46.3

Adjusted operating income

192.0

170.8

174.4

Adjusted operating margin - as a % of net sales

23.6%

22.1%

21.2%

Depreciation

34.1

49.9

53.7

Adjusted EBITDA

$226.1

$220.7

$228.1

Adjusted EBITDA - as a % of net sales

27.8%

28.5%

27.7%

  (1) Restructuring charges resulting from discrete cost saving initiatives inclusive of employee termination benefit and contract termination costs, primarily related to (i) an internal reorganization, combining two complementary divisions into one and realigning our customer facing organization and (ii) workforce reductions, contract termination costs.

(2 )Non-recurring net loss from the sale of a small, industrial specialty chemicals business.

(3) Non-cash amortization expense associated with intangibles acquired in acquisitions.

Entegris, Inc. and Subsidiaries

Reconciliation of GAAP Net Income and Diluted Earnings per Common Share to Non-GAAP Net Income and Diluted Non-GAAP Earnings per Common Share

(In millions, except per share data)

(Unaudited)

  Three months ended

Mar 28, 2026

Mar 29, 2025

Dec 31, 2025

GAAP net income

$92.0

$62.9

$49.4

Adjustments to net income:

Restructuring costs (1)

4.1

2.4

12.3

Loss on extinguishment of debt (2)

0.5

—

1.5

Loss on sale of business (3)

—

—

10.9

Amortization of intangible assets (4)

46.3

46.1

46.3

Tax effect of adjustments to net income and discrete tax items (5)

(10.4)

(9.9)

(13.9)

Non-GAAP net income

$132.5

$101.5

$106.5

Diluted earnings per common share

$0.60

$0.41

$0.32

Effect of adjustments to net income

$0.26

$0.25

$0.37

Diluted non-GAAP earnings per common share

$0.86

$0.67

$0.70

Diluted weighted averages shares outstanding

153.2

152.0

152.5

  (1) Restructuring charges resulting from discrete cost saving initiatives inclusive of employee termination benefit and contract termination costs, primarily related to (i) an internal reorganization, combining two complementary divisions into one and realigning our customer facing organization and (ii) workforce reductions and contract termination costs.

(2) Loss on extinguishment of debt of our Term Loan Facility in 2025 and 2026.

(3) Non-recurring net loss from the sale of a small, industrial specialty chemicals business.

(4) Non-cash amortization expense associated with intangibles acquired in acquisitions.

(5) The tax effect of pre-tax adjustments to net income was calculated using the applicable marginal tax rate for each respective year.

Entegris, Inc. and Subsidiaries

Reconciliation of GAAP Outlook to Non-GAAP Outlook *

(In millions, except per share data)

(Unaudited)

  Second Quarter Outlook

Reconciliation GAAP Operating Margin to non-GAAP Operating Margin and Adjusted EBITDA Margin

June 27, 2026

Net sales

$815 - $845

GAAP - Operating income

$139 - $155

Operating margin - as a % of net sales

17.1% - 18.4%

Amortization of intangible assets

46

Adjusted operating income

$185 - $201

Adjusted operating margin - as a % of net sales

22.7% - 23.8%

Depreciation

35

Adjusted EBITDA

$220 - $236

Adjusted EBITDA - as a % of net sales

27.0% - 28.0%

Second Quarter Outlook

Reconciliation GAAP net income to non-GAAP net income

June 27, 2026

GAAP net income

$82 - $94

Adjustments to net income:

Amortization of intangible assets

46

Income tax effect

(11)

Non-GAAP net income

$116 - $129

Second Quarter Outlook

Reconciliation GAAP diluted earnings per share to non-GAAP diluted earnings per share

June 27, 2026

Diluted earnings per common share

$0.53 - $0.61

Adjustments to earnings per share:

Amortization of intangible assets

0.30

Income tax effect

(0.07)

Diluted non-GAAP earnings per common share

$0.76 - $0.84

*As a result of displaying amounts in millions, rounding differences may exist in the tables.

More News From Entegris, Inc.

Entegris, Inc. (ENTG) Q1 2026 Earnings Call Transcript

Key Takeaways Entegris benefits from higher "content per wafer" as AI-driven node shifts increase process complexity.ENTG Q1'26 sales rose 5% to $811.9M as liquid filtration posted a third straight record quarter.Entegris expects stronger 2026 capex-linked revenue as fab construction and tool ramps progress. Entegris, Inc. (ENTG - Free Report) sits in the flow of artificial intelligence-driven node migration, where each new process step raises the penalty for contamination and pushes fabs toward tighter purity control. That dynamic can make consumables demand feel steadier because it tracks wafer starts and process complexity, not just equipment spending.

With node transitions increasing “content per wafer,” Entegris is trying to capture more materials intensity in critical steps. The company’s positioning in filtration, selective etch, chemical mechanical planarization, and advanced deposition is central to that playbook.

ENTG’s AI-Linked Node Migration TailwindsAs semiconductors move to more advanced nodes, manufacturers typically add process steps and tighten purity specifications. That combination increases materials intensity and supports higher “content per wafer” in areas like liquid filtration, selective etch, chemical mechanical planarization, and advanced deposition.

For Entegris, the implication is that consumables can grow on unit-driven demand even when parts of the capital spending cycle remain uneven. More complex material systems and tighter contamination control requirements tend to pull its portfolio deeper into day-to-day wafer processing.

Entegris Portfolio Ties to Deposition, CMP, and EtchEntegris operates through two segments that are designed to work together across the most contamination-sensitive steps. Materials Solutions provides materials-based offerings that include chemical vapor and atomic layer deposition precursors, chemical mechanical planarization slurries and pads, ion implantation specialty gases, and formulated etch and clean chemistries.

Advanced Purity Solutions focuses on filtration, purification, and contamination-control solutions for critical liquid chemistries and gases, along with solutions intended to preserve wafer and substrate cleanliness across processes. Management highlights a co-optimized approach that links the two segments across deposition, chemical mechanical planarization, and post-chemical mechanical planarization modules.

ENTG’s Q1’26 Shows Volume-Driven MomentumFirst-quarter 2026 results reinforced the consumables thesis with mid-single-digit sales growth and improved profitability. Net sales rose 5% year over year to $811.9 million, while gross margin expanded to 46.9% from 46.1%.

Management cited unit-driven revenues rising about 7% year over year, supported by growth in liquid filtration, advanced deposition, and selective etch. Liquid filtration delivered its third consecutive record quarter, a notable proof point for recurring demand tied to process intensity.

Segment performance supported that view. Advanced Purity Solutions net sales increased 6.8% year over year to $463.6 million on strength in liquid filtration and FOUPs, while Materials Solutions revenue rose 2.8% to $351.1 million, reflecting demand in advanced deposition materials, selective etch, and chemical mechanical planarization consumables.

Entegris Exposure Mix Skews to Advanced DemandManagement framed revenue exposure as weighted to the industry’s highest materials-intensity nodes. Advanced logic represents about 40% of revenues, while memory contributes about 30%, with leading-edge compute demand driving capacity investments.

That mix matters because it ties Entegris to sub-5-nanometer transitions where tighter contamination control and more complex material systems raise content per wafer. Management also expects a more meaningful 2-nanometer production ramp-up in 2026, which would further reinforce demand for plan-of-record positions in filtration, chemical mechanical planarization, and advanced materials.

ENTG’s Memory Angle: DRAM Resilient, NAND LaterWithin memory, management characterized dynamic random-access memory as structurally supported by artificial intelligence workloads. That framing suggests continued pull for high-purity materials and contamination control as capacity and process requirements rise.

By contrast, NAND is expected to improve later in 2026. Management also pointed to layer scaling as a driver of incremental content, which can expand the consumables opportunity as complexity builds.

Entegris CapEx Link Adds a Second Growth LeverBeyond consumables, Entegris has a meaningful lever tied to industry capital expenditures. About 25% of revenue is linked to capital spending, split roughly two-thirds toward fab construction and one-third toward wafer fab equipment.

Management said capital expenditure-driven revenues declined modestly year over year in the first quarter of 2026, influenced by prior-year order timing, but expects this revenue stream to increase as 2026 progresses. The company also outlined a staged benefit pattern as construction activity is followed by tool qualification and then unit-driven ramp-ups, potentially broadening growth beyond consumables.

ENTG Risks: Mixed Mainstream Logic and Execution NoiseThe offset is that not every part of the cycle is clean. Management described mainstream logic as mixed, citing utilization in the mid-70% to 80% range and calling demand a “put and take” between consumer sensitivity and artificial intelligence-related strength. That backdrop can keep quarterly patterns uneven.

Execution is another swing factor. Footprint optimization actions can introduce temporary costs tied to staffing, ramp, and plant-level variability, which may make margin progression less linear even as volumes recover. Concentration and currency exposure add noise as well, given a geographically weighted sales base and meaningful customer concentration.

Entegris Bottom Line for InvestorsEntegris enters the next phase of the cycle with a unit-driven consumables model that benefits from higher content per wafer at advanced nodes, plus a capital expenditure-linked lever that management expects to build through 2026.

Through 2026, the key markers are whether Materials Solutions trends track management’s mid- to high-single-digit expectations, whether record liquid filtration performance holds, and whether capital expenditure revenues visibly inflect as the year progresses. Investors should also keep an eye on sensitivity to product mix and cycle timing as mainstream logic remains uneven and execution actions move through the network.

Entegris operates within the semiconductor materials and process solutions sector, with key peers and competitors including Lam Research Corporation (LRCX - Free Report) and Onto Innovation Inc. (ONTO - Free Report) . These companies are similarly focused on advanced manufacturing, specialized chemicals, and contamination control for high-tech industries.

Entegris currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Key Takeaways Entegris stock is up 72.5% YTD, lifting expectations ahead of the late-July update.ENTG trades at 38.25x forward earnings vs 35.46x sub-industry, keeping the valuation debate loud.ENTG Q1'26 EPS surged 28.4% YoY to 86 cents as sales rose 5% to $811.9M. Entegris, Inc. (ENTG - Free Report) has enjoyed a powerful move higher, and that momentum is now forcing investors to ask a tougher question: what has to go right from here for the stock to keep working?

The shares have climbed 72.5% year-to-date and 77.7% over the past year. After a run like that, execution matters more, and even modest disappointments can feel larger.

ENTG’s Rally Sets a Higher Bar for ResultsENTG’s price action has outpaced key benchmarks. Year-to-date, the Zacks Electronics – Semiconductors industry is up 43.1% and the Zacks Computer and Technology sector is up 16.5%, while the S&P 500 has gained 9%.

Entegris YTD Price Return Performance
Image Source: Zacks Investment Research

Over the past 12 months, the industry and sector have risen 99.2% and 48.8%, respectively, versus ENTG’s 79.3% gain. The S&P 500 has advanced 30.4% over the same period.

That backdrop raises the bar for results and guidance follow-through, especially with the next update expected in late July.

Entegris Neutral View Tied to In-Line ExpectationsThe current long-term view reflects expectations for ENTG to perform in line with the market.

That stance is paired with a $157 price target over the next 6 to 12 months, which frames the upside as more measured after the stock’s sharp advance.

In other words, the setup is less about discovering a recovery and more about proving it quarter after quarter.

ENTG Multiples Versus Industry and Market BenchmarksValuation is where the debate gets louder. ENTG trades at 38.25x forward 12-month earnings. That compares with 35.46x for the Zacks sub-industry, 25.73x for the Zacks sector, and 22.16x for the S&P 500.

Over the past five years, P/E multiples have ranged from 15.0x to 46.01x, with a five-year median of 29.1x.

The $157 target is anchored to a 40.16x forward 12-month earnings multiple, implying the valuation framework remains premium but not unbounded.

Entegris Earnings Power Improving With Operating LeverageThe “why pay up” case starts with earnings power that is improving. In the first quarter of 2026, ENTG delivered non-GAAP earnings of 86 cents per share, up 28.4% year over year, and posted an adjusted EBITDA margin of 27.8%.

Net sales rose 5% from the year-ago quarter to $811.9 million. Growth was spread across both segments, with Advanced Purity Solutions leading the top-line mix.

Advanced Purity Solutions revenue increased 6.8% year over year to $463.6 million, supported by strength in liquid filtration and FOUPs. Materials Solutions revenue rose 2.8% to $351.1 million, with contributions from advanced deposition materials, selective etch and chemical mechanical planarization consumables.

ENTG Margin Drivers Include Mix and Self-Help ActionsMargins also showed progress. On a GAAP basis, gross margin expanded to 46.9% from 46.1% a year ago, alongside better operating leverage.

Management attributed gross margin improvement to productivity actions and product mix. It also noted that a useful-life accounting change implemented in early 2026 reduced depreciation expense, which benefited gross margin.

At the same time, the quarter included roughly 50 basis points of one-time items that are not expected to recur at similar levels, a reminder that the path can be uneven as footprint actions continue.

Entegris Cash Flow Helps, but Leverage Still MattersCash generation is a supportive part of the story. First-quarter 2026 operating cash flow was $183.0 million, capital expenditures were $41.5 million, and free cash flow totaled $143.5 million.

ENTG used that flexibility to make a $50 million term-loan repayment and ended the quarter with $442.7 million in cash and cash equivalents.

Leverage is still a gating factor. Management cited net leverage at 3.6x and guided toward approximately 3x by the end of 2026, while net interest expense is expected to be slightly below $190 million for 2026.

ENTG Trading Lens From Style Scores and RevisionsFrom a near-term trading lens, the Zacks Rank is #2 (Buy). Style Scores point to Momentum A and Growth B, offset by Value D and a VGM Score of C. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Estimate revisions have been constructive, with the current fiscal year earnings estimate up 5.6% over the last four weeks.

For context, Cirrus Logic, Inc. (CRUS - Free Report) and FormFactor, Inc. (FORM - Free Report) also sit within the same broader semiconductor industry list, highlighting that investors have multiple ways to express a view on the space as cycle and spending signals evolve.

Entegris Decision Framework Into the Next PrintThe next print should be judged against a clear checklist. For the second quarter of 2026, management guided net sales to $815 million-$845 million and non-GAAP earnings per share to 76 - 84 cents.

Investors will also want to see whether CapEx-driven revenues increase as the year progresses, as management expects, and whether mid to high-single-digit MSI growth holds through 2026.

Finally, margin durability will matter as investments resume. Second-quarter guidance calls for gross margin in the range of 46.25% - 47.25% and adjusted EBITDA margin between 27% and 28%, putting operational execution at the center of the valuation debate.

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BILLERICA, Mass. & TOKYO--(BUSINESS WIRE)--Entegris, Inc. (Nasdaq: ENTG), a global leader in advanced materials and purity solutions for the semiconductor industry, and JSR Corporation, a materials innovation leader and the parent company of Inpria Corporation, today announced entry into a non-exclusive cross-licensing agreement aimed at helping the semiconductor industry advance extreme ultraviolet (EUV) lithography for next generation chip manufacturing.

“This cross-licensing reflects how innovation in semiconductors increasingly happens across the ecosystem.”

Share “As the industry moves to smaller nodes, materials innovation, performance, purity, and reliability become inseparable,” said Olivier Blachier, SVP Chief Strategy & Innovation Officer at Entegris. “This cross-licensing reflects how innovation in semiconductors increasingly happens across the ecosystem, helping customers as they adopt next-generation lithography with greater confidence.”

Under the agreement, Entegris and Inpria will cross-license metal oxide resist (MOR) patents, terminate current Inter Partes Review challenges (IPR2025-00267), and explore collaborative opportunities on future photoresist materials. The work is intended to span resist formulation, precursor synthesis and development, and possibly ultra-clean MOR-specific filtration along with associated delivery systems needed to ensure these new materials perform consistently in high-volume manufacturing for EUV lithography applications.

By combining JSR and Inpria’s collective leadership in metal oxide resist materials with Entegris’ expertise in MOR precursors for CVD deposition, materials handling, and advanced MOR-specific filtration, the collaboration supports the application of advanced materials in semiconductor manufacturing as both parties scale advanced technologies for the AI era.

"Pairing Inpria’s metal oxide resist innovation with Entegris’ purification and materials handling capabilities broadens the applicability of these technologies within the semiconductor materials ecosystem," said Toru Kimura, Senior Officer at JSR Corporation.

About Entegris

Entegris is a leading supplier of advanced materials and process solutions for the semiconductor and other high-tech industries. Entegris has approximately 7,700 employees throughout its global operations and is ISO 9001 certified. It has manufacturing, customer service and/or research facilities in the United States, Canada, China, Germany, Israel, Japan, Malaysia, Singapore, South Korea, and Taiwan. Additional information can be found at www.entegris.com.

About JSR Corporation

JSR Corporation is a global technology company developing cutting-edge materials. Its Electronic Materials business provides a wide range of semiconductor materials for advanced logic and memory, including photoresists and ancillaries, process materials, packaging materials, and precursors. JSR's group companies include Inpria Corporation, acquired in 2021 for EUV metal oxide resists, and Yamanaka Hutech, added in August 2024 for high-purity CVD/ALD precursors. Please visit www.jsr.co.jp.

Caution Regarding Forward-Looking Statements

This news release contains “forward-looking statements.” The words “believe,” “expect,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “should,” “may,” “will,” “would” or the negative thereof and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are based on current management expectations and assumptions only as of the date of this news release. They are not guarantees of future performance or outcomes and they involve substantial risks and uncertainties that are difficult to predict and that could cause actual results or outcomes to differ materially from the results or outcomes expressed in, or implied by, these forward-looking statements. These risks and uncertainties include, but are not limited to, the risk factors and additional information described in the Entegris’ Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the Securities and Exchange Commission (the “SEC”) on February 11, 2026, including under the heading “Risk Factors” in Item 1A, and in Entegris’ other periodic filings with the SEC. Except as required under the federal securities laws and the rules and regulations of the SEC, Entegris and JSR undertake no obligation to update publicly any forward-looking statements or information contained herein, which speak as of their respective dates.

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