Brown Brothers Harriman & Co. Has $50.69 Million Holdings in Entegris, Inc. (NASDAQ:ENTG)

Brown Brothers Harriman & Co. grew its stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 10.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 511,742 shares of the semiconductor company's stock after purchasing an additional 47,703 shares during the quarter. Brown Brothers Harriman & Co. owned about 0.34% of Entegris worth $50,693,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Corient Private Wealth LLC raised its position in Entegris by 1.1% during the fourth quarter. Corient Private Wealth LLC now owns 11,862 shares of the semiconductor company's stock worth $1,175,000 after acquiring an additional 128 shares in the last quarter. Torray Investment Partners LLC raised its holdings in shares of Entegris by 0.9% in the 4th quarter. Torray Investment Partners LLC now owns 15,266 shares of the semiconductor company's stock valued at $1,512,000 after purchasing an additional 129 shares during the period. Metis Global Partners LLC grew its holdings in Entegris by 7.1% during the fourth quarter. Metis Global Partners LLC now owns 2,049 shares of the semiconductor company's stock worth $203,000 after purchasing an additional 135 shares during the period. Sequoia Financial Advisors LLC grew its holdings in Entegris by 6.3% during the fourth quarter. Sequoia Financial Advisors LLC now owns 2,482 shares of the semiconductor company's stock worth $246,000 after purchasing an additional 147 shares during the period. Finally, Smartleaf Asset Management LLC increased its position in Entegris by 27.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company's stock worth $73,000 after buying an additional 158 shares during the last quarter.

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Insiders Place Their Bets

In other Entegris news, SVP Clinton M. Haris sold 12,652 shares of the firm'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 sale, the senior vice president now owns 34,820 shares of the company's stock, valued at approximately $3,722,954.40. This trade represents a 26.65 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Olivier Blachier sold 984 shares of the company's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $108.00, for a total value of $106,272.00. Following the sale, the senior vice president now owns 10,903 shares of the company's stock, valued at approximately $1,177,524. This represents a 8.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company's stock.

Entegris Stock Performance

NASDAQ ENTG traded up $1.33 during trading on Wednesday, reaching $87.53. The company's stock had a trading volume of 927,881 shares, compared to its average volume of 2,092,199. The firm has a 50 day moving average price of $100.55 and a 200 day moving average price of $103.83. Entegris, Inc. has a 12 month low of $83.98 and a 12 month high of $147.57. The firm has a market capitalization of $13.25 billion, a price-to-earnings ratio of 45.35, a price-to-earnings-growth ratio of 1.50 and a beta of 1.32. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (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%. As a group, equities analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors 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 annualized dividend and a yield of 0.46%. Entegris's dividend payout ratio is 20.73%.

Analyst Upgrades and Downgrades

ENTG has been the subject of several research analyst reports. StockNews.com downgraded Entegris from a "hold" rating to a "sell" rating in a research note on Monday, March 24th. Needham & Company LLC reaffirmed a "buy" rating and set a $120.00 price objective on shares of Entegris in a research report on Friday, February 7th. KeyCorp dropped 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. Finally, Mizuho reduced their target price on shares of Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $124.88.

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).