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

Fiera Capital Corp reduced its stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 541,697 shares of the semiconductor company's stock after selling 13,588 shares during the period. Fiera Capital Corp owned 0.36% of Entegris worth $53,661,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in ENTG. Capital Performance Advisors LLP bought a new stake in Entegris in the 3rd quarter worth approximately $29,000. Blue Trust Inc. grew its position in shares of Entegris by 221.3% during the 3rd quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company's stock worth $39,000 after buying an additional 239 shares in the last quarter. Fortitude Family Office LLC boosted its position in Entegris by 195.7% during the fourth quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company's stock valued at $41,000 after purchasing an additional 274 shares in the last quarter. Covestor Ltd raised its stake in Entegris by 241.8% in the third quarter. Covestor Ltd now owns 417 shares of the semiconductor company's stock valued at $47,000 after buying an additional 295 shares during the last quarter. Finally, Huntington National Bank raised its stake in Entegris by 41.0% in the third quarter. Huntington National Bank now owns 454 shares of the semiconductor company's stock valued at $51,000 after buying an additional 132 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on ENTG shares. KeyCorp reduced their price objective on Entegris from $150.00 to $141.00 and set an "overweight" rating for the company in a research note on Friday, February 7th. UBS Group dropped their price objective on Entegris from $130.00 to $115.00 and set a "neutral" rating on the stock in a report on Tuesday, November 5th. Mizuho lowered their price target on Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. BMO Capital Markets lowered their price target on Entegris from $145.00 to $135.00 and set an "outperform" rating on the stock in a research note on Tuesday, November 5th. Finally, Craig Hallum lowered their price objective on Entegris from $150.00 to $130.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, Entegris has an average rating of "Moderate Buy" and an average price target of $128.78.

Entegris Trading Down 1.6 %

Shares of ENTG stock traded down $1.73 on Friday, hitting $107.12. The stock had a trading volume of 1,709,676 shares, compared to its average volume of 2,516,464. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.92 and a quick ratio of 1.83. The firm has a market capitalization of $16.18 billion, a P/E ratio of 55.50, a P/E/G ratio of 1.49 and a beta of 1.24. Entegris, Inc. has a 1 year low of $94.92 and a 1 year high of $147.57. The company's 50 day moving average price is $103.20 and its 200-day moving average price is $106.36.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings data 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 13.00% and a net margin of 9.03%. Analysts anticipate that Entegris, Inc. will post 3.63 earnings per share for the current year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, January 29th. This represents a $0.40 annualized dividend and a yield of 0.37%. Entegris's payout ratio is 20.73%.

Insider Buying and Selling

In other news, SVP Clinton M. Haris sold 12,652 shares of the company's stock in a transaction dated 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 completion of the transaction, the senior vice president now directly owns 34,820 shares of the company's stock, valued at approximately $3,722,954.40. This represents a 26.65 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.67% of the stock is currently owned by insiders.

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).