Swiss National Bank Decreases Holdings in Entegris, Inc. (NASDAQ:ENTG)

Swiss National Bank cut its position in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 4.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 426,507 shares of the semiconductor company's stock after selling 21,000 shares during the quarter. Swiss National Bank owned 0.28% of Entegris worth $42,250,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Mountaineer Partners Management LLC grew its stake in shares of Entegris by 16,255.1% in the third quarter. Mountaineer Partners Management LLC now owns 11,044,594 shares of the semiconductor company's stock valued at $1,242,848,000 after buying an additional 10,977,064 shares in the last quarter. Cantillon Capital Management LLC grew its stake in shares of Entegris by 12.6% in the fourth quarter. Cantillon Capital Management LLC now owns 2,616,354 shares of the semiconductor company's stock valued at $259,176,000 after buying an additional 291,893 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Entegris by 2.0% in the third quarter. Geode Capital Management LLC now owns 2,537,948 shares of the semiconductor company's stock valued at $284,941,000 after purchasing an additional 49,846 shares during the period. Swedbank AB boosted its holdings in Entegris by 47.7% in the fourth quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company's stock valued at $153,636,000 after purchasing an additional 500,581 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in Entegris by 0.9% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,503,656 shares of the semiconductor company's stock valued at $169,206,000 after purchasing an additional 12,913 shares during the period.

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Wall Street Analyst Weigh In

ENTG has been the subject of a number of recent research reports. Needham & Company LLC reiterated a "buy" rating and issued a $120.00 target price on shares of Entegris in a report on Friday, February 7th. Mizuho decreased their price target on Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. KeyCorp decreased their price target on Entegris from $150.00 to $141.00 and set an "overweight" rating for the company in a report on Friday, February 7th. Finally, StockNews.com raised Entegris from a "sell" rating to a "hold" rating in a report on Thursday, March 13th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, Entegris has a consensus rating of "Moderate Buy" and a consensus price target of $124.88.

Entegris Stock Performance

Shares of ENTG traded down $1.32 during midday trading on Thursday, reaching $99.05. 2,001,821 shares of the stock were exchanged, compared to its average volume of 1,906,008. The business's 50-day moving average price is $102.30 and its 200 day moving average price is $104.90. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86. Entegris, Inc. has a twelve month low of $92.84 and a twelve month high of $147.57. The company has a market capitalization of $14.97 billion, a price-to-earnings ratio of 51.32, a PEG ratio of 1.50 and a beta of 1.32.

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, beating the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. On average, sell-side analysts expect that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.40%. The ex-dividend date was Wednesday, January 29th. Entegris's dividend payout ratio (DPR) is presently 20.73%.

Insider Activity at Entegris

In other Entegris news, SVP Clinton M. Haris sold 12,652 shares of the business's stock in a transaction that occurred on 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 transaction, 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 transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Olivier Blachier sold 984 shares of the business's stock in a transaction that occurred 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 transaction, the senior vice president now owns 10,903 shares in the company, valued at $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 insiders.

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).