D1 Capital Partners L.P. Makes New $72.14 Million Investment in Entegris, Inc. (NASDAQ:ENTG)

D1 Capital Partners L.P. bought a new position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 641,101 shares of the semiconductor company's stock, valued at approximately $72,143,000. Entegris makes up approximately 1.4% of D1 Capital Partners L.P.'s portfolio, making the stock its 25th largest position. D1 Capital Partners L.P. owned approximately 0.42% of Entegris as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of ENTG. Diversified Trust Co acquired a new stake in shares of Entegris in the second quarter valued at approximately $851,000. Cetera Investment Advisers grew its position in shares of Entegris by 128.0% in the 1st quarter. Cetera Investment Advisers now owns 20,387 shares of the semiconductor company's stock valued at $2,865,000 after acquiring an additional 11,444 shares during the period. Swedbank AB increased its stake in shares of Entegris by 520.3% during the 2nd quarter. Swedbank AB now owns 300,361 shares of the semiconductor company's stock worth $40,669,000 after purchasing an additional 251,938 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of Entegris by 124.6% in the 2nd quarter. SG Americas Securities LLC now owns 14,563 shares of the semiconductor company's stock valued at $1,972,000 after purchasing an additional 8,079 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Entegris by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,065,812 shares of the semiconductor company's stock valued at $119,936,000 after purchasing an additional 14,650 shares during the last quarter.

Entegris Price Performance

Shares of Entegris stock traded up $0.67 during trading on Friday, reaching $105.63. 1,077,531 shares of the company's stock were exchanged, compared to its average volume of 1,711,262. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.83 and a current ratio of 2.92. Entegris, Inc. has a 1-year low of $94.92 and a 1-year high of $147.57. The company has a market cap of $15.95 billion, a P/E ratio of 70.90, a PEG ratio of 1.73 and a beta of 1.24. The firm's 50-day moving average price is $106.62 and its 200 day moving average price is $118.04.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.01). The company had revenue of $807.70 million during the quarter, compared to the consensus estimate of $832.44 million. Entegris had a net margin of 7.13% and a return on equity of 12.24%. Entegris's revenue for the quarter was down 9.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.68 EPS. As a group, research analysts anticipate that Entegris, Inc. will post 2.99 earnings per share for the current year.

Entegris Announces Dividend

The company also recently disclosed 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 is currently 26.49%.

Analyst Ratings Changes

Several analysts have issued reports on ENTG shares. Needham & Company LLC restated a "buy" rating and issued a $150.00 price objective on shares of Entegris in a research note on Thursday, August 1st. Citigroup reduced their price objective on shares of Entegris from $130.00 to $123.00 and set a "buy" rating for the company in a research report on Wednesday, November 6th. Craig Hallum decreased their price target on shares of Entegris from $150.00 to $130.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. Mizuho decreased their target price on Entegris from $143.00 to $125.00 and set an "outperform" rating on the stock in a research report on Tuesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Entegris from $145.00 to $115.00 and set a "buy" rating for the company in a research note on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, Entegris currently has an average rating of "Moderate Buy" and an average target price of $135.40.

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).