Entegris, Inc. (NASDAQ:ENTG) Shares Sold by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG trimmed its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 22.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 161,107 shares of the semiconductor company's stock after selling 45,750 shares during the period. B. Metzler seel. Sohn & Co. AG owned about 0.11% of Entegris worth $15,980,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Mountaineer Partners Management LLC boosted its holdings in shares of Entegris by 16,255.1% during the 3rd quarter. Mountaineer Partners Management LLC now owns 11,044,594 shares of the semiconductor company's stock valued at $1,242,848,000 after purchasing an additional 10,977,064 shares during the last quarter. Norges Bank bought a new position in Entegris during the fourth quarter valued at approximately $445,988,000. Raymond James Financial Inc. bought a new stake in Entegris in the 4th quarter worth approximately $91,869,000. Principal Financial Group Inc. increased its stake in Entegris by 130.8% in the 3rd quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company's stock worth $155,287,000 after acquiring an additional 781,955 shares during the last quarter. Finally, James Hambro & Partners LLP purchased a new stake in shares of Entegris during the 4th quarter worth approximately $72,845,000.

Wall Street Analysts Forecast Growth

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

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Entegris Trading Down 10.9 %

NASDAQ ENTG traded down $7.84 during trading on Friday, hitting $64.10. The stock had a trading volume of 4,151,326 shares, compared to its average volume of 2,139,071. Entegris, Inc. has a one year low of $61.27 and a one year high of $147.57. The stock has a 50 day simple moving average of $99.45 and a 200 day simple moving average of $103.48. The stock has a market capitalization of $9.70 billion, a price-to-earnings ratio of 33.25, a P/E/G ratio of 1.50 and a beta of 1.36. 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 (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (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%. Sell-side analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date was Wednesday, January 29th. Entegris's payout ratio is presently 20.73%.

Insider Activity at Entegris

In related news, SVP Clinton M. Haris sold 12,652 shares of the 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 transaction, the senior vice president now owns 34,820 shares of the company's stock, valued at $3,722,954.40. This represents a 26.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 sale, the senior vice president now directly owns 10,903 shares of the company's stock, valued at approximately $1,177,524. This trade represents a 8.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by company insiders.

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).