Cerity Partners LLC Has $3.96 Million Stock Position in Entegris, Inc. (NASDAQ:ENTG)

Cerity Partners LLC reduced its stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 14.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 39,982 shares of the semiconductor company's stock after selling 6,879 shares during the period. Cerity Partners LLC's holdings in Entegris were worth $3,961,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of ENTG. Fortitude Family Office LLC grew its stake in shares of Entegris by 195.7% during the 4th quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company's stock worth $41,000 after acquiring an additional 274 shares in the last quarter. Promus Capital LLC acquired a new position in Entegris during the fourth quarter worth $71,000. Eagle Bay Advisors LLC grew its position in Entegris by 4,375.0% in the fourth quarter. Eagle Bay Advisors LLC now owns 716 shares of the semiconductor company's stock valued at $71,000 after purchasing an additional 700 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Entegris by 27.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company's stock valued at $73,000 after buying an additional 158 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in Entegris by 121.3% during the 4th quarter. Blue Trust Inc. now owns 768 shares of the semiconductor company's stock worth $76,000 after buying an additional 421 shares in the last quarter.

Entegris Stock Performance

Shares of ENTG stock traded up $1.13 during trading on Friday, reaching $68.73. 2,973,305 shares of the company's stock were exchanged, compared to its average volume of 2,290,136. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $147.57. The firm's fifty day moving average price is $91.57 and its 200-day moving average price is $100.00. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $10.40 billion, a PE ratio of 35.61, a PEG ratio of 1.50 and a beta of 1.36.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, beating 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%. As a group, sell-side analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $0.40 annualized dividend and a yield of 0.58%. Entegris's dividend payout ratio (DPR) is presently 20.73%.

Insider Transactions at Entegris

In related news, SVP Olivier Blachier sold 984 shares of Entegris stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $108.00, for a total transaction of $106,272.00. Following the completion of the sale, the senior vice president now directly owns 10,903 shares of the company's stock, valued at approximately $1,177,524. This trade represents a 8.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Clinton M. Haris sold 12,652 shares of the business's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $106.92, for a total value of $1,352,751.84. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company's stock.

Wall Street Analysts Forecast Growth

ENTG has been the topic of a number of recent research reports. StockNews.com downgraded Entegris from a "hold" rating to a "sell" rating in a research report on Friday, April 11th. Mizuho decreased their price target on Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a research note on Tuesday, January 7th. KeyCorp dropped their price objective on Entegris from $141.00 to $130.00 and set an "overweight" rating on the stock in a research note on Monday. Finally, Needham & Company LLC reissued a "buy" rating and issued a $120.00 target price on shares of Entegris in a research note on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $123.50.

Entegris 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).