New York State Common Retirement Fund Has $42.80 Million Stock Holdings in Entegris, Inc. (NASDAQ:ENTG)

New York State Common Retirement Fund decreased its holdings in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 15.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 432,019 shares of the semiconductor company's stock after selling 76,156 shares during the quarter. New York State Common Retirement Fund owned approximately 0.29% of Entegris worth $42,796,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Callahan Advisors LLC increased its position in Entegris by 35.6% during the fourth quarter. Callahan Advisors LLC now owns 28,043 shares of the semiconductor company's stock worth $2,778,000 after buying an additional 7,364 shares during the last quarter. Kestra Investment Management LLC raised its stake in shares of Entegris by 79.7% in the 4th quarter. Kestra Investment Management LLC now owns 4,485 shares of the semiconductor company's stock valued at $444,000 after acquiring an additional 1,989 shares in the last quarter. CIBC Asset Management Inc lifted its holdings in Entegris by 13.9% in the 4th quarter. CIBC Asset Management Inc now owns 6,125 shares of the semiconductor company's stock worth $607,000 after purchasing an additional 748 shares during the last quarter. Principal Financial Group Inc. boosted its position in Entegris by 8.2% during the fourth quarter. Principal Financial Group Inc. now owns 1,493,201 shares of the semiconductor company's stock worth $147,917,000 after purchasing an additional 113,238 shares during the period. Finally, Principal Securities Inc. grew its holdings in Entegris by 4.7% during the fourth quarter. Principal Securities Inc. now owns 5,807 shares of the semiconductor company's stock valued at $575,000 after purchasing an additional 262 shares during the last quarter.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ENTG. Needham & Company LLC restated a "buy" rating and issued a $120.00 price objective on shares of Entegris in a research note on Friday, February 7th. KeyCorp cut their target price on shares of Entegris from $150.00 to $141.00 and set an "overweight" rating for the company in a research report on Friday, February 7th. UBS Group lowered their price target on Entegris from $130.00 to $115.00 and set a "neutral" rating on the stock in a research report on Tuesday, November 5th. Craig Hallum cut their price objective on Entegris from $150.00 to $130.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Finally, Mizuho lowered their target price on Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $128.78.

Insider Activity

In other news, 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 sale, the senior vice president now owns 34,820 shares in the company, valued at approximately $3,722,954.40. The trade was a 26.65 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.67% of the company's stock.

Entegris Stock Performance

Shares of NASDAQ:ENTG traded down $3.17 during trading on Friday, hitting $104.09. 2,379,834 shares of the stock were exchanged, compared to its average volume of 2,301,648. The company's fifty day simple moving average is $103.14 and its 200-day simple moving average is $106.31. 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 company has a market capitalization of $15.73 billion, a price-to-earnings ratio of 53.93, a price-to-earnings-growth ratio of 1.51 and a beta of 1.24. Entegris, Inc. has a 1-year low of $94.92 and a 1-year high of $147.57.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly 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 net margin of 9.03% and a return on equity of 12.83%. Sell-side analysts expect that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date was Wednesday, January 29th. Entegris's payout ratio is 20.73%.

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).