Champlain Investment Partners LLC Grows Position in Entegris, Inc. (NASDAQ:ENTG)

Champlain Investment Partners LLC boosted its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 1.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,040,185 shares of the semiconductor company's stock after purchasing an additional 18,610 shares during the quarter. Champlain Investment Partners LLC owned about 0.69% of Entegris worth $103,041,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of ENTG. Norges Bank bought a new stake in shares of Entegris during the fourth quarter worth about $445,988,000. Raymond James Financial Inc. bought a new stake in Entegris during the 4th quarter worth approximately $91,869,000. Principal Financial Group Inc. raised its stake in shares of Entegris by 130.8% in the third quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company's stock worth $155,287,000 after purchasing an additional 781,955 shares during the last quarter. James Hambro & Partners LLP bought a new position in shares of Entegris in the fourth quarter valued at approximately $72,845,000. Finally, Wealthfront Advisers LLC bought a new position in shares of Entegris in the fourth quarter valued at approximately $68,661,000.

Analyst Ratings Changes

A number of research firms recently commented on ENTG. KeyCorp lowered their price target on Entegris from $141.00 to $130.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. Needham & Company LLC reissued a "buy" rating and set a $120.00 price target on shares of Entegris in a research report on Friday, February 7th. Mizuho reduced their price objective on shares of Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th. Finally, StockNews.com lowered shares of Entegris from a "hold" rating to a "sell" rating in a research note on Saturday. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $123.50.

Entegris Stock Performance

Shares of NASDAQ:ENTG traded up $1.81 during mid-day trading on Tuesday, reaching $69.33. The company had a trading volume of 674,161 shares, compared to its average volume of 2,291,791. Entegris, Inc. has a one year low of $60.75 and a one year high of $147.57. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. The company's 50-day moving average price is $90.03 and its 200-day moving average price is $99.23. The firm has a market cap of $10.49 billion, a price-to-earnings ratio of 35.96, a PEG ratio of 1.50 and a beta of 1.36.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. As a group, equities research analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Wednesday, April 30th will be paid a $0.10 dividend. The ex-dividend date is Wednesday, April 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.58%. Entegris's payout ratio is 20.73%.

Insider Activity

In other Entegris news, SVP Clinton M. Haris sold 12,652 shares of Entegris stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the completion of the transaction, the senior vice president now owns 34,820 shares of the company's stock, valued at $3,722,954.40. The trade was a 26.65 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Olivier Blachier sold 984 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the senior vice president now owns 10,903 shares of the company's stock, valued at $1,177,524. This trade represents a 8.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company's stock.

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).