Mitsubishi UFJ Asset Management Co. Ltd. Acquires 12,856 Shares of Entegris, Inc. (NASDAQ:ENTG)

Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 12.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 112,430 shares of the semiconductor company's stock after acquiring an additional 12,856 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.07% of Entegris worth $11,310,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Entegris by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 15,202,146 shares of the semiconductor company's stock worth $1,505,925,000 after buying an additional 169,180 shares during the period. Mountaineer Partners Management LLC boosted its position in Entegris by 16,255.1% during the third quarter. Mountaineer Partners Management LLC now owns 11,044,594 shares of the semiconductor company's stock worth $1,242,848,000 after purchasing an additional 10,977,064 shares in the last quarter. Cantillon Capital Management LLC grew its holdings in Entegris by 12.6% in the fourth quarter. Cantillon Capital Management LLC now owns 2,616,354 shares of the semiconductor company's stock valued at $259,176,000 after purchasing an additional 291,893 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Entegris by 2.0% in the third quarter. Geode Capital Management LLC now owns 2,537,948 shares of the semiconductor company's stock valued at $284,941,000 after buying an additional 49,846 shares in the last quarter. Finally, Swedbank AB raised its stake in shares of Entegris by 47.7% during the 4th quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company's stock worth $153,636,000 after buying an additional 500,581 shares during the last quarter.

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Analyst Upgrades and Downgrades

ENTG has been the subject of a number of recent research reports. Needham & Company LLC reissued a "buy" rating and set a $120.00 price objective on shares of Entegris in a research note on Friday, February 7th. StockNews.com raised shares of Entegris from a "sell" rating to a "hold" rating in a research report on Thursday. Mizuho cut their price target on Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. Finally, KeyCorp dropped their target price on Entegris from $150.00 to $141.00 and set an "overweight" rating for the company in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $124.88.

Entegris Stock Performance

Shares of ENTG traded down $7.20 on Friday, reaching $64.74. 5,489,378 shares of the stock traded hands, compared to its average volume of 2,144,692. Entegris, Inc. has a 12 month low of $61.27 and a 12 month high of $147.57. The firm has a market cap of $9.80 billion, a price-to-earnings ratio of 33.46, a P/E/G ratio of 1.50 and a beta of 1.36. The stock's 50-day moving average price is $99.45 and its 200-day moving average price is $103.48. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86.

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

Entegris Dividend Announcement

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

Insider Activity at Entegris

In other news, SVP Olivier Blachier sold 984 shares of Entegris stock in a transaction dated 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 directly owns 10,903 shares in the company, valued at $1,177,524. This trade represents a 8.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Clinton M. Haris sold 12,652 shares of the business's 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 transaction, the senior vice president now owns 34,820 shares in the company, valued at approximately $3,722,954.40. This trade represents a 26.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by company insiders.

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).