Amica Retiree Medical Trust Grows Position in Entegris, Inc. (NASDAQ:ENTG)

Amica Retiree Medical Trust grew its position in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 68.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,131 shares of the semiconductor company's stock after acquiring an additional 4,128 shares during the period. Entegris comprises approximately 1.0% of Amica Retiree Medical Trust's investment portfolio, making the stock its 24th biggest position. Amica Retiree Medical Trust's holdings in Entegris were worth $1,004,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Corient Private Wealth LLC boosted its position in shares of Entegris by 1.1% during the 4th quarter. Corient Private Wealth LLC now owns 11,862 shares of the semiconductor company's stock worth $1,175,000 after purchasing an additional 128 shares during the period. Torray Investment Partners LLC lifted its stake in Entegris by 0.9% during the fourth quarter. Torray Investment Partners LLC now owns 15,266 shares of the semiconductor company's stock worth $1,512,000 after purchasing an additional 129 shares in the last quarter. Metis Global Partners LLC boosted its position in shares of Entegris by 7.1% during the fourth quarter. Metis Global Partners LLC now owns 2,049 shares of the semiconductor company's stock worth $203,000 after buying an additional 135 shares during the period. Sequoia Financial Advisors LLC grew its stake in shares of Entegris by 6.3% in the fourth quarter. Sequoia Financial Advisors LLC now owns 2,482 shares of the semiconductor company's stock valued at $246,000 after buying an additional 147 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Entegris by 27.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company's stock valued at $73,000 after buying an additional 158 shares during the period.

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Insider Buying and Selling

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

Entegris Stock Down 3.1 %

Shares of Entegris stock traded down $2.78 during trading on Monday, hitting $85.96. 793,435 shares of the stock were exchanged, compared to its average volume of 2,083,471. The stock has a market cap of $13.01 billion, a price-to-earnings ratio of 44.56, a price-to-earnings-growth ratio of 1.50 and a beta of 1.32. The firm's 50-day moving average price is $101.34 and its 200 day moving average price is $104.15. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86. Entegris, Inc. has a 12-month low of $84.69 and a 12-month high of $147.57.

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

Entegris Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date was Wednesday, January 29th. Entegris's dividend payout ratio (DPR) is 20.73%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. StockNews.com cut shares of Entegris from a "hold" rating to a "sell" rating in a report on Monday, March 24th. KeyCorp dropped their price target on shares of Entegris from $150.00 to $141.00 and set an "overweight" rating for the company in a research note on Friday, February 7th. Mizuho cut their price objective on Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $120.00 target price on shares of Entegris in a report on Friday, February 7th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Entegris currently has a consensus rating of "Moderate Buy" and a consensus price target of $124.88.

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).