Entegris, Inc. (NASDAQ:ENTG) Shares Sold by American Century Companies Inc.

American Century Companies Inc. trimmed its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 3.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,484,203 shares of the semiconductor company's stock after selling 57,419 shares during the quarter. American Century Companies Inc. owned approximately 0.98% of Entegris worth $147,025,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mountaineer Partners Management LLC boosted its position in Entegris by 16,255.1% during the third quarter. Mountaineer Partners Management LLC now owns 11,044,594 shares of the semiconductor company's stock worth $1,242,848,000 after acquiring an additional 10,977,064 shares during the last quarter. Cantillon Capital Management LLC lifted its stake in shares of Entegris by 12.6% during the 4th quarter. Cantillon Capital Management LLC now owns 2,616,354 shares of the semiconductor company's stock worth $259,176,000 after purchasing an additional 291,893 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Entegris by 2.0% during the third quarter. Geode Capital Management LLC now owns 2,537,948 shares of the semiconductor company's stock worth $284,941,000 after purchasing an additional 49,846 shares during the last quarter. Swedbank AB grew its position in shares of Entegris by 47.7% in the fourth quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company's stock valued at $153,636,000 after purchasing an additional 500,581 shares during the period. Finally, Principal Financial Group Inc. increased its stake in Entegris by 8.2% in the fourth quarter. Principal Financial Group Inc. now owns 1,493,201 shares of the semiconductor company's stock valued at $147,917,000 after purchasing an additional 113,238 shares during the last quarter.

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Insiders Place Their Bets

In related news, SVP Olivier Blachier sold 984 shares of the business's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $108.00, for a total transaction of $106,272.00. Following the transaction, the senior vice president now directly owns 10,903 shares of the company's stock, valued at approximately $1,177,524. The trade was a 8.28 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Clinton M. Haris sold 12,652 shares of the company's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $106.92, for a total value of $1,352,751.84. Following the completion of the transaction, the senior vice president now owns 34,820 shares of the company's stock, valued at approximately $3,722,954.40. This represents a 26.65 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ENTG. KeyCorp decreased their price target on Entegris from $150.00 to $141.00 and set an "overweight" rating on the stock in a research note on Friday, February 7th. StockNews.com cut shares of Entegris from a "hold" rating to a "sell" rating in a research report on Monday. Needham & Company LLC reaffirmed a "buy" rating and set a $120.00 price target on shares of Entegris in a research report on Friday, February 7th. Finally, Mizuho cut their price target on shares of Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $124.88.

Entegris Trading Up 0.1 %

ENTG traded up $0.10 on Thursday, reaching $92.54. 2,423,445 shares of the company's stock were exchanged, compared to its average volume of 1,949,030. Entegris, Inc. has a twelve month low of $91.02 and a twelve month high of $147.57. The company's 50 day moving average is $101.94 and its 200-day moving average is $104.41. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. The company has a market cap of $14.00 billion, a price-to-earnings ratio of 47.95, a PEG ratio of 1.50 and a beta of 1.32.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.07. Entegris had a net margin of 9.03% and a return on equity of 12.83%. Equities analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.43%. The ex-dividend date of this dividend was Wednesday, January 29th. Entegris's dividend payout ratio (DPR) is presently 20.73%.

Entegris 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).