Entegris, Inc. (NASDAQ:ENTG) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Entegris, Inc. (NASDAQ:ENTG - Get Free Report) has been given an average rating of "Moderate Buy" by the eight research firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $124.88.

A number of analysts have recently weighed in on ENTG shares. Needham & Company LLC reiterated a "buy" rating and set a $120.00 price target on shares of Entegris in a research report on Friday, February 7th. KeyCorp cut their price objective on shares of Entegris from $150.00 to $141.00 and set an "overweight" rating on the stock in a research report on Friday, February 7th. StockNews.com raised Entegris from a "sell" rating to a "hold" rating in a report on Thursday. Finally, Mizuho reduced their price target on Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th.

Insider Transactions at Entegris

In other Entegris news, SVP Olivier Blachier sold 984 shares of the business's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the sale, the senior vice president now directly owns 10,903 shares of the company's stock, valued at $1,177,524. The trade was a 8.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Clinton M. Haris sold 12,652 shares of Entegris stock in a transaction on Monday, February 10th. The shares were 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 $3,722,954.40. This represents a 26.65 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company's stock.

Remove Ads

Institutional Investors Weigh In On Entegris

A number of institutional investors have recently bought and sold shares of ENTG. Norges Bank acquired a new position in Entegris in the 4th quarter valued at approximately $445,988,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Entegris by 33.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 11,194,612 shares of the semiconductor company's stock worth $1,108,940,000 after acquiring an additional 2,826,463 shares in the last quarter. D1 Capital Partners L.P. raised its holdings in shares of Entegris by 329.4% during the fourth quarter. D1 Capital Partners L.P. now owns 2,752,902 shares of the semiconductor company's stock worth $272,702,000 after acquiring an additional 2,111,801 shares in the last quarter. Deutsche Bank AG boosted its position in Entegris by 434.1% during the fourth quarter. Deutsche Bank AG now owns 1,470,162 shares of the semiconductor company's stock valued at $145,634,000 after purchasing an additional 1,194,903 shares during the last quarter. Finally, TPG GP A LLC purchased a new position in Entegris in the fourth quarter valued at about $115,639,000.

Entegris Stock Down 0.8 %

Shares of Entegris stock traded down $0.54 during trading on Friday, reaching $64.85. The company had a trading volume of 2,768,469 shares, compared to its average volume of 2,169,009. The company has a market cap of $9.81 billion, a price-to-earnings ratio of 33.60, a price-to-earnings-growth ratio of 1.50 and a beta of 1.36. Entegris has a fifty-two week low of $60.50 and a fifty-two week high of $147.57. The firm's fifty day moving average is $98.67 and its 200-day moving average is $103.06. 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 released its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 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%. On average, analysts anticipate that Entegris will post 3.51 EPS for the current year.

Entegris Announces Dividend

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

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).