Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Fiera Capital Corp

Fiera Capital Corp trimmed its position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 33.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 555,285 shares of the semiconductor company's stock after selling 274,959 shares during the quarter. Fiera Capital Corp owned 0.37% of Entegris worth $62,486,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Entegris by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 14,666,653 shares of the semiconductor company's stock worth $2,061,251,000 after acquiring an additional 112,638 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Entegris by 7.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 13,085,147 shares of the semiconductor company's stock valued at $1,838,988,000 after acquiring an additional 916,420 shares during the last quarter. Earnest Partners LLC grew its stake in Entegris by 0.6% in the 2nd quarter. Earnest Partners LLC now owns 1,858,757 shares of the semiconductor company's stock worth $251,676,000 after buying an additional 11,692 shares in the last quarter. American Century Companies Inc. increased its stake in Entegris by 20.2% in the second quarter. American Century Companies Inc. now owns 1,523,824 shares of the semiconductor company's stock valued at $206,326,000 after acquiring an additional 256,186 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of Entegris by 130.8% during the 3rd quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company's stock valued at $155,287,000 after buying an additional 781,955 shares in the last quarter.

Entegris Trading Down 2.9 %

ENTG traded down $3.18 on Friday, reaching $105.03. 2,077,385 shares of the company traded hands, compared to its average volume of 1,659,953. The company has a market cap of $15.86 billion, a P/E ratio of 71.66, a price-to-earnings-growth ratio of 1.36 and a beta of 1.24. The firm has a fifty day simple moving average of $108.64 and a two-hundred day simple moving average of $120.77. Entegris, Inc. has a one year low of $90.24 and a one year high of $147.57. The company has a quick ratio of 2.14, a current ratio of 3.58 and a debt-to-equity ratio of 1.18.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.01). Entegris had a net margin of 7.13% and a return on equity of 12.37%. The firm had revenue of $807.70 million during the quarter, compared to the consensus estimate of $832.44 million. During the same quarter in the previous year, the firm earned $0.68 earnings per share. The business's revenue was down 9.1% compared to the same quarter last year. As a group, equities research analysts expect that Entegris, Inc. will post 3.13 earnings per share for the current year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 20th. Stockholders of record on Wednesday, October 30th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date of this dividend is Wednesday, October 30th. Entegris's dividend payout ratio (DPR) is presently 26.49%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Citigroup lowered their price target on shares of Entegris from $130.00 to $123.00 and set a "buy" rating for the company in a research note on Wednesday. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Entegris from $145.00 to $115.00 and set a "buy" rating for the company in a report on Tuesday. UBS Group lowered their price target on Entegris from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday. KeyCorp reduced their target price on Entegris from $164.00 to $154.00 and set an "overweight" rating on the stock in a research note on Tuesday. Finally, Mizuho dropped their price target on Entegris from $143.00 to $125.00 and set an "outperform" rating for the company in a research note on Tuesday. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, Entegris presently has a consensus rating of "Moderate Buy" and a consensus price target of $135.40.

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).