Capital Fund Management S.A. Buys New Stake in Entegris, Inc. (NASDAQ:ENTG)

Capital Fund Management S.A. acquired a new position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 29,143 shares of the semiconductor company's stock, valued at approximately $2,887,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Barclays PLC lifted its position in Entegris by 44.2% in the 3rd quarter. Barclays PLC now owns 963,157 shares of the semiconductor company's stock valued at $108,383,000 after acquiring an additional 295,358 shares in the last quarter. Toronto Dominion Bank boosted its position in shares of Entegris by 30.5% during the third quarter. Toronto Dominion Bank now owns 19,392 shares of the semiconductor company's stock worth $2,182,000 after acquiring an additional 4,536 shares during the last quarter. M&T Bank Corp increased its holdings in shares of Entegris by 3.2% in the third quarter. M&T Bank Corp now owns 55,222 shares of the semiconductor company's stock worth $6,214,000 after purchasing an additional 1,697 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Entegris during the 3rd quarter worth approximately $782,000. Finally, Sanctuary Advisors LLC lifted its position in Entegris by 22.1% during the third quarter. Sanctuary Advisors LLC now owns 13,038 shares of the semiconductor company's stock valued at $1,398,000 after purchasing an additional 2,356 shares during the last quarter.

Entegris Stock Up 1.7 %

NASDAQ ENTG traded up $1.13 on Friday, reaching $68.73. 2,973,305 shares of the stock traded hands, compared to its average volume of 2,296,249. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $147.57. 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 fifty day moving average price of $90.83 and a 200-day moving average price of $99.55. The company has a market cap of $10.40 billion, a price-to-earnings ratio of 35.61, a PEG ratio of 1.50 and a beta of 1.36.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its earnings results 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%. As a group, research analysts forecast that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend is Wednesday, April 30th. Entegris's payout ratio is 20.73%.

Insider Transactions at Entegris

In other news, SVP Olivier Blachier sold 984 shares of the stock in a transaction 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 completion of the sale, the senior vice president now owns 10,903 shares in the company, valued at approximately $1,177,524. This represents a 8.28 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Clinton M. Haris sold 12,652 shares of the business's stock in a transaction 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 in the company, valued at approximately $3,722,954.40. This trade represents a 26.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company's stock.

Analysts Set New Price Targets

Several research firms recently weighed in on ENTG. Mizuho decreased their price target on Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. Needham & Company LLC reissued a "buy" rating and issued a $120.00 target price on shares of Entegris 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 note on Saturday. Finally, KeyCorp reduced their price objective on shares of Entegris from $141.00 to $130.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, Entegris currently has an average rating of "Moderate Buy" and an average target price of $123.50.

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).