Amundi Sells 3,760 Shares of Entegris, Inc. (NASDAQ:ENTG)

Amundi lowered its holdings in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 3.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 117,026 shares of the semiconductor company's stock after selling 3,760 shares during the quarter. Amundi owned 0.08% of Entegris worth $11,675,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Torray Investment Partners LLC raised its position in shares of 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 during the period. Huntington National Bank raised its position in Entegris by 41.0% in the 3rd quarter. Huntington National Bank now owns 454 shares of the semiconductor company's stock valued at $51,000 after buying an additional 132 shares during the last quarter. Metis Global Partners LLC raised its position in Entegris by 7.1% in the 4th quarter. Metis Global Partners LLC now owns 2,049 shares of the semiconductor company's stock valued at $203,000 after buying an additional 135 shares during the last quarter. Smartleaf Asset Management LLC raised its position in 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 last quarter. Finally, Jones Financial Companies Lllp raised its position in Entegris by 13.5% in the 4th quarter. Jones Financial Companies Lllp now owns 1,330 shares of the semiconductor company's stock valued at $132,000 after buying an additional 158 shares during the last quarter.

Remove Ads

Insiders Place Their Bets

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

Analysts Set New Price Targets

ENTG has been the topic of a number of recent research reports. Needham & Company LLC reissued a "buy" rating and issued a $120.00 target price on shares of Entegris in a research report on Friday, February 7th. Mizuho dropped their target price on Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. StockNews.com raised Entegris from a "sell" rating to a "hold" rating in a research report on Thursday, March 13th. Finally, KeyCorp lowered their price target on Entegris from $150.00 to $141.00 and set an "overweight" rating on the stock in a research report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $124.88.

Entegris Price Performance

Shares of Entegris stock traded down $0.65 during trading on Tuesday, reaching $100.15. 1,414,525 shares of the company's stock were exchanged, compared to its average volume of 1,899,661. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. Entegris, Inc. has a 1-year low of $92.84 and a 1-year high of $147.57. The company has a market cap of $15.14 billion, a P/E ratio of 51.89, a PEG ratio of 1.50 and a beta of 1.32. The firm's 50-day moving average price is $102.31 and its 200 day moving average price is $105.05.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, topping 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, research analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were issued a $0.10 dividend. The ex-dividend date was Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.40%. Entegris's payout ratio 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).