Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. trimmed its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 5.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 69,765 shares of the semiconductor company's stock after selling 3,677 shares during the quarter. Oppenheimer Asset Management Inc.'s holdings in Entegris were worth $6,911,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. raised its stake in Entegris by 221.3% during the 3rd quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company's stock valued at $39,000 after acquiring an additional 239 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Entegris in the third quarter valued at approximately $1,963,000. Arkadios Wealth Advisors raised its stake in shares of Entegris by 8.6% during the third quarter. Arkadios Wealth Advisors now owns 1,892 shares of the semiconductor company's stock worth $213,000 after purchasing an additional 150 shares during the last quarter. First Trust Direct Indexing L.P. lifted its holdings in shares of Entegris by 15.0% during the third quarter. First Trust Direct Indexing L.P. now owns 4,783 shares of the semiconductor company's stock worth $538,000 after purchasing an additional 623 shares during the period. Finally, Diversify Wealth Management LLC grew its position in Entegris by 4.8% in the 3rd quarter. Diversify Wealth Management LLC now owns 4,930 shares of the semiconductor company's stock valued at $509,000 after buying an additional 226 shares during the last quarter.

Analyst Upgrades and Downgrades

ENTG has been the subject of a number of analyst reports. Citigroup cut their price objective on shares of Entegris from $130.00 to $123.00 and set a "buy" rating for the company in a research report on Wednesday, November 6th. Craig Hallum cut their price target on shares of Entegris from $150.00 to $130.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Entegris from $145.00 to $115.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. KeyCorp dropped their target price on Entegris from $150.00 to $141.00 and set an "overweight" rating on the stock in a research report on Friday, February 7th. Finally, BMO Capital Markets reduced their price target on Entegris from $145.00 to $135.00 and set an "outperform" rating for the company in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, Entegris has an average rating of "Moderate Buy" and an average target price of $124.88.

Insiders Place Their Bets

In other news, SVP Clinton M. Haris sold 12,652 shares of the firm's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the completion of the transaction, the senior vice president now directly 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Olivier Blachier sold 984 shares of the company's stock in a transaction that occurred 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 completion of the sale, the senior vice president now directly owns 10,903 shares in the company, valued at approximately $1,177,524. The trade was a 8.28 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by company insiders.

Entegris Price Performance

Shares of NASDAQ:ENTG traded up $3.96 during trading on Tuesday, hitting $100.58. 2,102,984 shares of the stock were exchanged, compared to its average volume of 1,778,043. The company has a market cap of $15.20 billion, a PE ratio of 52.00, a P/E/G ratio of 1.50 and a beta of 1.24. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. The company has a fifty day moving average price of $102.78 and a two-hundred day moving average price of $106.12. Entegris, Inc. has a 12-month low of $94.92 and a 12-month high of $147.57.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 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%. On average, analysts forecast that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.40 annualized dividend and a yield of 0.40%. Entegris's dividend payout ratio (DPR) is currently 20.73%.

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).