Virtu Financial LLC Makes New Investment in Entegris, Inc. (NASDAQ:ENTG)

Virtu Financial LLC bought a new position in Entegris, Inc. (NASDAQ:ENTG - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 6,950 shares of the semiconductor company's stock, valued at approximately $782,000.

Other large investors have also recently made changes to their positions in the company. Innealta Capital LLC bought a new stake in Entegris during the second quarter worth approximately $26,000. Summit Securities Group LLC bought a new position in shares of Entegris during the 2nd quarter valued at approximately $27,000. Quarry LP purchased a new stake in Entegris during the 2nd quarter valued at $27,000. Capital Performance Advisors LLP bought a new stake in Entegris in the third quarter worth $29,000. Finally, Blue Trust Inc. boosted its stake in Entegris by 221.3% during the third quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company's stock worth $39,000 after buying an additional 239 shares during the period.

Entegris Stock Down 0.6 %

Shares of ENTG traded down $0.64 during midday trading on Friday, reaching $106.66. 2,238,402 shares of the stock were exchanged, compared to its average volume of 1,711,907. The company has a market capitalization of $16.11 billion, a P/E ratio of 70.64, a PEG ratio of 1.80 and a beta of 1.23. The company has a current ratio of 2.92, a quick ratio of 1.83 and a debt-to-equity ratio of 1.14. Entegris, Inc. has a 52 week low of $94.92 and a 52 week high of $147.57. The company's 50 day moving average is $105.69 and its two-hundred day moving average is $116.29.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its earnings results on Monday, November 4th. The semiconductor company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.01). Entegris had a return on equity of 12.24% and a net margin of 7.13%. The business had revenue of $807.70 million for the quarter, compared to the consensus estimate of $832.44 million. During the same quarter in the previous year, the company earned $0.68 earnings per share. The firm's revenue was down 9.1% on a year-over-year basis. On average, sell-side analysts anticipate that Entegris, Inc. will post 2.99 earnings per share for the current year.

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, October 30th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date was Wednesday, October 30th. Entegris's dividend payout ratio (DPR) is 26.49%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. KeyCorp lowered their target price on shares of Entegris from $164.00 to $154.00 and set an "overweight" rating for the company in a report on Tuesday, November 5th. UBS Group decreased their price objective on shares of Entegris from $130.00 to $115.00 and set a "neutral" rating for the company in a research note on Tuesday, November 5th. Mizuho cut their target price on Entegris from $143.00 to $125.00 and set an "outperform" rating on the stock in a research note on Tuesday, November 5th. Citigroup reduced their price target on Entegris from $130.00 to $123.00 and set a "buy" rating on the stock in a report on Wednesday, November 6th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on Entegris from $145.00 to $115.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $135.40.

Entegris Company Profile

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).