Entegris (ENTG) Soars to 52-Week High on Upcoming Dividend, 61% PT Hike

Group 1 - Entegris Inc. (NASDAQ:ENTG) reached a new 52-week high, driven by investor interest ahead of an upcoming dividend and a significant price target increase from an analyst [1][3] - The stock climbed to a peak of $118 during intra-day trading, ultimately closing up 9.08% at $113.54 [2] - UBS upgraded its recommendation on Entegris from "neutral" to "buy," raising the price target from $90 to $145, indicating a potential upside of 27.7% from the latest closing price [2][3] Group 2 - UBS's optimism regarding Entegris is based on expectations of a broader recovery in the MSI system, expansion of Taiwan Semiconductor's N2 nodes production, and increased adoption of molybdenum [3] - Projected revenue growth for Entegris is estimated at 10% in 2026 and 11% in 2027, reflecting positive market conditions [3] - Entegris announced a quarterly cash dividend of $0.10 per share, payable on February 18, 2026, to shareholders as of January 28 [4]