Entegris (NASDAQ:ENTG) Given New $141.00 Price Target at KeyCorp

Entegris (NASDAQ:ENTG - Free Report) had its price target trimmed by KeyCorp from $150.00 to $141.00 in a research report report published on Friday morning,Benzinga reports. The brokerage currently has an overweight rating on the semiconductor company's stock.

ENTG has been the subject of several other research reports. Craig Hallum decreased their target price on Entegris from $150.00 to $130.00 and set a "buy" rating for the company in a research note on Tuesday, November 5th. UBS Group dropped their price target on Entegris from $130.00 to $115.00 and set a "neutral" rating for the company in a report on Tuesday, November 5th. Mizuho reduced their price target on Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. BMO Capital Markets reduced their price target on Entegris from $145.00 to $135.00 and set an "outperform" rating on the stock in a research report on Tuesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Entegris from $145.00 to $115.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $130.60.

Entegris Stock Down 1.1 %

ENTG stock traded down $1.15 during mid-day trading on Friday, hitting $105.59. The stock had a trading volume of 1,035,116 shares, compared to its average volume of 2,378,036. The company has a current ratio of 2.92, a quick ratio of 1.83 and a debt-to-equity ratio of 1.14. Entegris has a 1-year low of $94.92 and a 1-year high of $147.57. The company has a fifty day moving average of $103.31 and a 200 day moving average of $106.74. The stock has a market capitalization of $15.94 billion, a price-to-earnings ratio of 54.70, a PEG ratio of 1.49 and a beta of 1.24.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 13.00% and a net margin of 9.03%. On average, equities analysts expect that Entegris will post 3.63 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $0.40 annualized dividend and a yield of 0.38%. Entegris's dividend payout ratio is 20.73%.

Institutional Investors Weigh In On Entegris

Institutional investors and hedge funds have recently bought and sold shares of the company. Capital Performance Advisors LLP bought a new position in shares of Entegris in the third quarter worth about $29,000. Blue Trust Inc. increased its position 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 purchasing an additional 239 shares during the period. Fortitude Family Office LLC grew its position 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 buying an additional 274 shares during the period. Covestor Ltd grew its position in shares of Entegris by 241.8% during the 3rd quarter. Covestor Ltd now owns 417 shares of the semiconductor company's stock worth $47,000 after buying an additional 295 shares during the period. Finally, Huntington National Bank grew its position in shares of Entegris by 41.0% during the 3rd quarter. Huntington National Bank now owns 454 shares of the semiconductor company's stock worth $51,000 after buying an additional 132 shares during the period.

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).