Cantillon Capital Management LLC Sells 69,402 Shares of Entegris, Inc. (NASDAQ:ENTG)

Cantillon Capital Management LLC lowered its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 2.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,324,461 shares of the semiconductor company's stock after selling 69,402 shares during the quarter. Cantillon Capital Management LLC owned about 1.54% of Entegris worth $261,572,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Wedmont Private Capital raised its position in shares of Entegris by 5.9% during the 2nd quarter. Wedmont Private Capital now owns 1,609 shares of the semiconductor company's stock valued at $232,000 after buying an additional 90 shares in the last quarter. Bridges Investment Management Inc. raised its position in shares of Entegris by 3.6% during the 3rd quarter. Bridges Investment Management Inc. now owns 2,829 shares of the semiconductor company's stock valued at $318,000 after buying an additional 98 shares in the last quarter. Everpar Advisors LLC raised its position in shares of Entegris by 6.5% during the 2nd quarter. Everpar Advisors LLC now owns 1,656 shares of the semiconductor company's stock valued at $224,000 after buying an additional 101 shares in the last quarter. Arizona State Retirement System raised its position in shares of Entegris by 0.3% during the 2nd quarter. Arizona State Retirement System now owns 41,406 shares of the semiconductor company's stock valued at $5,606,000 after buying an additional 105 shares in the last quarter. Finally, Fulton Bank N.A. raised its position in shares of Entegris by 0.9% during the 2nd quarter. Fulton Bank N.A. now owns 11,703 shares of the semiconductor company's stock valued at $1,585,000 after buying an additional 108 shares in the last quarter.

Entegris Trading Down 0.1 %

ENTG stock traded down $0.12 during mid-day trading on Tuesday, reaching $99.43. The company had a trading volume of 1,577,274 shares, compared to its average volume of 1,700,355. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.92 and a quick ratio of 1.83. The company has a market capitalization of $15.01 billion, a PE ratio of 65.85, a price-to-earnings-growth ratio of 1.59 and a beta of 1.24. The firm has a 50 day moving average of $107.44 and a 200 day moving average of $119.15. Entegris, Inc. has a 12 month low of $94.92 and a 12 month high of $147.57.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its earnings results on Monday, November 4th. The semiconductor company reported $0.77 EPS for the quarter, missing analysts' consensus estimates of $0.78 by ($0.01). Entegris had a return on equity of 12.24% and a net margin of 7.13%. The company had revenue of $807.70 million during the quarter, compared to the consensus estimate of $832.44 million. During the same quarter in the prior year, the company earned $0.68 earnings per share. Entegris's revenue was down 9.1% on a year-over-year basis. On average, equities analysts predict that Entegris, Inc. will post 3.03 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 20th. Stockholders of record on Wednesday, October 30th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, October 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.40%. Entegris's dividend payout ratio is presently 26.49%.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. KeyCorp decreased their target price on shares of Entegris from $164.00 to $154.00 and set an "overweight" rating on the stock in a research report on Tuesday, November 5th. BMO Capital Markets reduced their price objective on shares of Entegris from $145.00 to $135.00 and set an "outperform" rating on the stock in a research report on Tuesday, November 5th. Craig Hallum reduced their price objective on shares of Entegris from $150.00 to $130.00 and set a "buy" rating on the stock in a research report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Entegris from $145.00 to $115.00 and set a "buy" rating on the stock in a research report on Tuesday, November 5th. Finally, Citigroup reduced their price objective on shares of Entegris from $130.00 to $123.00 and set a "buy" rating on the stock in a research report on Wednesday, November 6th. One investment 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. According to data from MarketBeat.com, Entegris presently has a consensus rating of "Moderate Buy" and a consensus target price of $135.40.

About Entegris

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).