Healthcare of Ontario Pension Plan Trust Fund Buys Shares of 450,000 Entegris, Inc. (NASDAQ:ENTG)

Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Entegris, Inc. (NASDAQ:ENTG - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 450,000 shares of the semiconductor company's stock, valued at approximately $50,638,000. Healthcare of Ontario Pension Plan Trust Fund owned about 0.30% of Entegris at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Blueshift Asset Management LLC bought a new position in Entegris in the 3rd quarter worth $468,000. FMR LLC raised its holdings in Entegris by 130.9% in the 3rd quarter. FMR LLC now owns 272,833 shares of the semiconductor company's stock worth $30,702,000 after purchasing an additional 154,658 shares during the period. Qsemble Capital Management LP bought a new position in Entegris in the 3rd quarter worth $1,664,000. Bank of Montreal Can raised its holdings in Entegris by 42.5% in the 3rd quarter. Bank of Montreal Can now owns 108,717 shares of the semiconductor company's stock worth $12,487,000 after purchasing an additional 32,439 shares during the period. Finally, Brown Brothers Harriman & Co. raised its holdings in Entegris by 40.5% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 464,039 shares of the semiconductor company's stock worth $52,218,000 after purchasing an additional 133,722 shares during the period.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. KeyCorp decreased their target price on Entegris from $164.00 to $154.00 and set an "overweight" rating on the stock in a report on Tuesday, November 5th. UBS Group decreased their price target on Entegris from $130.00 to $115.00 and set a "neutral" rating on the stock in a report on Tuesday, November 5th. Craig Hallum decreased their price target on Entegris from $150.00 to $130.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Mizuho decreased their price target on Entegris from $143.00 to $125.00 and set an "outperform" rating on the stock in a report on Tuesday, November 5th. Finally, BMO Capital Markets decreased their price target on Entegris from $145.00 to $135.00 and set an "outperform" rating on the stock in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, Entegris currently has a consensus rating of "Moderate Buy" and a consensus price target of $135.40.

Entegris Price Performance

Shares of ENTG stock traded down $0.56 during trading hours on Thursday, hitting $104.96. The stock had a trading volume of 1,582,554 shares, compared to its average volume of 1,714,018. Entegris, Inc. has a one year low of $94.92 and a one year high of $147.57. 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 stock's 50-day moving average price is $106.93 and its two-hundred day moving average price is $118.22. The stock has a market capitalization of $15.85 billion, a price-to-earnings ratio of 69.51, a PEG ratio of 1.78 and a beta of 1.24.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.01). The company had revenue of $807.70 million during the quarter, compared to analysts' expectations of $832.44 million. Entegris had a return on equity of 12.24% and a net margin of 7.13%. The company's revenue was down 9.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.68 EPS. Equities analysts forecast that Entegris, Inc. will post 2.99 EPS for the current year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, October 30th were given a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, October 30th. This represents a $0.40 annualized dividend and a yield of 0.38%. Entegris's dividend payout ratio is currently 26.49%.

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).