Fmr LLC Has $30.70 Million Stake in Entegris, Inc. (NASDAQ:ENTG)

FMR LLC raised its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 130.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 272,833 shares of the semiconductor company's stock after purchasing an additional 154,658 shares during the quarter. FMR LLC owned 0.18% of Entegris worth $30,702,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Earnest Partners LLC grew its stake in shares of Entegris by 0.6% during the second quarter. Earnest Partners LLC now owns 1,858,757 shares of the semiconductor company's stock worth $251,676,000 after purchasing an additional 11,692 shares in the last quarter. American Century Companies Inc. lifted its holdings 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 period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in shares of Entegris by 0.9% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,503,656 shares of the semiconductor company's stock worth $169,206,000 after buying an additional 12,913 shares during the last quarter. Principal Financial Group Inc. lifted its stake in Entegris by 130.8% in 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. Finally, Envestnet Asset Management Inc. grew its stake in Entegris by 7.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,083,217 shares of the semiconductor company's stock worth $146,668,000 after acquiring an additional 77,083 shares during the period.

Analysts Set New Price Targets

ENTG has been the topic of a number of research analyst reports. Craig Hallum decreased their price target on shares of Entegris from $150.00 to $130.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. BMO Capital Markets decreased their price target on shares of Entegris from $145.00 to $135.00 and set an "outperform" rating for the company in a research report on Tuesday, November 5th. Mizuho decreased their price objective on Entegris from $143.00 to $125.00 and set an "outperform" rating for the company in a report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Entegris from $145.00 to $115.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Finally, UBS Group reduced their price target on shares of Entegris from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $135.40.

Entegris Stock Performance

Shares of NASDAQ:ENTG traded up $1.11 during trading on Monday, reaching $110.51. 1,584,961 shares of the stock were exchanged, compared to its average volume of 1,707,855. The company has a current ratio of 2.92, a quick ratio of 1.83 and a debt-to-equity ratio of 1.14. The firm has a market cap of $16.69 billion, a PE ratio of 73.19, a PEG ratio of 1.80 and a beta of 1.24. The stock has a 50-day moving average price of $106.06 and a 200-day moving average price of $116.90. 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 announced its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.01). The company had revenue of $807.70 million for the quarter, compared to analyst estimates of $832.44 million. Entegris had a return on equity of 12.24% and a net margin of 7.13%. The firm's quarterly revenue was down 9.1% on a year-over-year basis. During the same quarter last year, the company posted $0.68 earnings per share. Research analysts expect that Entegris, Inc. will post 2.99 EPS for the current fiscal year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, October 30th were issued a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, October 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.36%. Entegris's payout ratio is 26.49%.

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).