Entegris, Inc. (NASDAQ:ENTG) Shares Purchased by Cerity Partners LLC

Cerity Partners LLC raised its position in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 27.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 46,861 shares of the semiconductor company's stock after purchasing an additional 10,038 shares during the period. Cerity Partners LLC's holdings in Entegris were worth $5,273,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Innealta Capital LLC purchased a new stake in Entegris in the 2nd quarter valued at approximately $26,000. Summit Securities Group LLC purchased a new stake in shares of Entegris in the second quarter valued at $27,000. Quarry LP acquired a new stake in shares of Entegris during the second quarter valued at $27,000. Capital Performance Advisors LLP purchased a new stake in Entegris during the 3rd quarter worth about $29,000. Finally, Opal Wealth Advisors LLC acquired a new position in Entegris in the 2nd quarter valued at about $31,000.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ENTG shares. UBS Group decreased their price target on shares of Entegris from $130.00 to $115.00 and set a "neutral" rating on the stock in a research note on Tuesday, November 5th. Citigroup lowered their target price on shares of Entegris from $130.00 to $123.00 and set a "buy" rating for the company in a research note on Wednesday, November 6th. BMO Capital Markets reduced their price target on Entegris from $145.00 to $135.00 and set an "outperform" rating on the stock in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft decreased their price objective on Entegris from $145.00 to $115.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Finally, Craig Hallum dropped their target price on Entegris from $150.00 to $130.00 and set a "buy" rating for the company in a research note on Tuesday, November 5th. One analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, Entegris has a consensus rating of "Moderate Buy" and an average target price of $135.40.

Entegris Trading Up 0.6 %

NASDAQ:ENTG traded up $0.67 on Friday, hitting $105.63. 1,077,531 shares of the stock were exchanged, compared to its average volume of 1,711,262. The stock has a fifty day moving average of $106.62 and a 200-day moving average of $118.04. The stock has a market cap of $15.95 billion, a PE ratio of 70.90, a PEG ratio of 1.73 and a beta of 1.24. The company has a current ratio of 2.92, a quick ratio of 1.83 and a debt-to-equity ratio of 1.14. Entegris, Inc. has a fifty-two week low of $94.92 and a fifty-two week high of $147.57.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its earnings results on Monday, November 4th. The semiconductor company reported $0.77 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.78 by ($0.01). The business had revenue of $807.70 million for the quarter, compared to analyst estimates of $832.44 million. Entegris had a return on equity of 12.24% and a net margin of 7.13%. The firm's revenue for the quarter was down 9.1% compared to the same quarter last year. During the same period last year, the company posted $0.68 EPS. As a group, equities analysts expect that Entegris, Inc. will post 2.99 earnings per share for the current fiscal year.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, October 30th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, October 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.38%. Entegris's dividend payout ratio (DPR) is 26.49%.

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).