Empowered Funds LLC grew its holdings in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 19.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,101 shares of the semiconductor company's stock after purchasing an additional 3,816 shares during the quarter. Empowered Funds LLC's holdings in Entegris were worth $2,288,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital Performance Advisors LLP bought a new position in Entegris in the 3rd quarter worth about $29,000. Blue Trust Inc. boosted its stake in Entegris by 221.3% in the 3rd quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company's stock worth $39,000 after purchasing an additional 239 shares during the period. Fortitude Family Office LLC raised its holdings in shares of Entegris by 195.7% in the 4th quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company's stock valued at $41,000 after acquiring an additional 274 shares in the last quarter. Covestor Ltd raised its holdings in shares of Entegris by 241.8% in the 3rd quarter. Covestor Ltd now owns 417 shares of the semiconductor company's stock valued at $47,000 after acquiring an additional 295 shares in the last quarter. Finally, Huntington National Bank raised its holdings in shares of 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 acquiring an additional 132 shares in the last quarter.
Insiders Place Their Bets
In other news, 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 completion of the transaction, the senior vice president now owns 34,820 shares in the company, valued at $3,722,954.40. The trade was a 26.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.67% of the company's stock.
Entegris Stock Up 0.9 %
Shares of NASDAQ ENTG traded up $0.94 during mid-day trading on Tuesday, hitting $108.06. 311,049 shares of the stock traded hands, compared to its average volume of 2,292,338. 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 52 week low of $94.92 and a 52 week high of $147.57. The company has a market cap of $16.32 billion, a price-to-earnings ratio of 56.11, a PEG ratio of 1.49 and a beta of 1.24. The stock has a fifty day moving average price of $103.13 and a 200-day moving average price of $106.26.
Entegris (NASDAQ:ENTG - Get Free Report) last released its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 13.00% and a net margin of 9.03%. Research analysts anticipate that Entegris, Inc. will post 3.63 EPS for the current year.
Entegris Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.37%. The ex-dividend date is Wednesday, January 29th. Entegris's dividend payout ratio (DPR) is 20.73%.
Wall Street Analyst Weigh In
Several analysts have weighed in on the company. KeyCorp lowered their price target on Entegris from $150.00 to $141.00 and set an "overweight" rating on the stock in a report on Friday, February 7th. UBS Group lowered their price target on Entegris from $130.00 to $115.00 and set a "neutral" rating on the stock in a report on Tuesday, November 5th. BMO Capital Markets lowered their price target on Entegris from $145.00 to $135.00 and set an "outperform" rating on the stock in a report on Tuesday, November 5th. Mizuho lowered 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. Finally, Needham & Company LLC reissued a "buy" rating and set a $120.00 price objective on shares of Entegris in a report on Friday, February 7th. One analyst has rated the stock with a sell rating, one has given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $128.78.
View Our Latest Stock Analysis on ENTG
Entegris Company Profile
(
Free Report)
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).
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