California Public Employees Retirement System Has $18.53 Million Stock Holdings in Entegris, Inc. (NASDAQ:ENTG)

California Public Employees Retirement System trimmed its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 5.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 187,099 shares of the semiconductor company's stock after selling 11,731 shares during the quarter. California Public Employees Retirement System owned about 0.12% of Entegris worth $18,534,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. FMR LLC raised its position in Entegris by 130.9% in the third quarter. FMR LLC now owns 272,833 shares of the semiconductor company's stock worth $30,702,000 after acquiring an additional 154,658 shares in the last quarter. Benjamin Edwards Inc. grew its stake in shares of Entegris by 33,412.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 2,681 shares of the semiconductor company's stock worth $302,000 after purchasing an additional 2,673 shares during the last quarter. Hilltop Holdings Inc. bought a new stake in shares of Entegris in the 3rd quarter worth approximately $250,000. Investment Management Corp of Ontario lifted its stake in Entegris by 47.2% during the third quarter. Investment Management Corp of Ontario now owns 4,988 shares of the semiconductor company's stock valued at $561,000 after purchasing an additional 1,600 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its holdings in Entegris by 849.2% during the third quarter. Quantinno Capital Management LP now owns 31,190 shares of the semiconductor company's stock worth $3,510,000 after buying an additional 27,904 shares in the last quarter.

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Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ENTG. Needham & Company LLC reissued a "buy" rating and issued a $120.00 target price on shares of Entegris in a research report on Friday, February 7th. Mizuho lowered their price objective on shares of Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. StockNews.com upgraded Entegris from a "sell" rating to a "hold" rating in a report on Thursday. Finally, KeyCorp lowered their price target on Entegris from $150.00 to $141.00 and set an "overweight" rating on the stock in a report on Friday, February 7th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $124.88.

Entegris Stock Up 2.2 %

Shares of NASDAQ ENTG traded up $1.45 during mid-day trading on Monday, reaching $66.84. 7,218,705 shares of the company traded hands, compared to its average volume of 2,186,092. The company's fifty day moving average is $98.67 and its two-hundred day moving average is $103.06. Entegris, Inc. has a fifty-two week low of $60.50 and a fifty-two week high of $147.57. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. The stock has a market cap of $10.11 billion, a PE ratio of 34.63, a price-to-earnings-growth ratio of 1.50 and a beta of 1.36.

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

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.60%. The ex-dividend date of this dividend was Wednesday, January 29th. Entegris's dividend payout ratio is currently 20.73%.

Insider Transactions at Entegris

In other 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 value of $106,272.00. Following the sale, the senior vice president now owns 10,903 shares in the company, valued at approximately $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 accessible through this link. Also, SVP Clinton M. Haris sold 12,652 shares of the 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 sale, the senior vice president now owns 34,820 shares of the company's stock, valued at $3,722,954.40. This trade 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.

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).