Invesco Ltd. Has $26.41 Million Holdings in Entegris, Inc. (NASDAQ:ENTG)

Invesco Ltd. lowered its holdings in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 39.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 266,581 shares of the semiconductor company's stock after selling 177,310 shares during the quarter. Invesco Ltd. owned about 0.18% of Entegris worth $26,408,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Barclays PLC raised its stake in shares of Entegris by 44.2% in the third quarter. Barclays PLC now owns 963,157 shares of the semiconductor company's stock valued at $108,383,000 after purchasing an additional 295,358 shares in the last quarter. M&T Bank Corp raised its position in Entegris by 3.2% in the third quarter. M&T Bank Corp now owns 55,222 shares of the semiconductor company's stock worth $6,214,000 after purchasing an additional 1,697 shares in the last quarter. Virtu Financial LLC bought a new position in Entegris during the third quarter worth about $782,000. Sanctuary Advisors LLC grew its stake in shares of Entegris by 22.1% in the 3rd quarter. Sanctuary Advisors LLC now owns 13,038 shares of the semiconductor company's stock valued at $1,398,000 after purchasing an additional 2,356 shares during the period. Finally, Tidal Investments LLC raised its holdings in shares of Entegris by 119.2% in the 3rd quarter. Tidal Investments LLC now owns 42,780 shares of the semiconductor company's stock worth $4,814,000 after buying an additional 23,262 shares in the last quarter.

Insider Transactions at Entegris

In other Entegris news, SVP Clinton M. Haris sold 12,652 shares of the firm's stock in a transaction on Monday, February 10th. The stock was sold at an average price of $106.92, for a total value of $1,352,751.84. Following the sale, the senior vice president now owns 34,820 shares of the company's stock, valued at approximately $3,722,954.40. This trade represents a 26.65 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Olivier Blachier sold 984 shares of the business's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $108.00, for a total value of $106,272.00. Following the transaction, the senior vice president now directly owns 10,903 shares of the company's stock, valued at approximately $1,177,524. The trade was a 8.28 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.61% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently commented on the company. StockNews.com downgraded Entegris from a "hold" rating to a "sell" rating in a report on Saturday, April 19th. Needham & Company LLC reiterated a "buy" rating and set a $120.00 target price on shares of Entegris in a research report on Friday, February 7th. 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. Finally, KeyCorp reduced their target price on Entegris from $141.00 to $130.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $123.50.

Entegris Stock Performance

NASDAQ:ENTG traded up $5.50 on Thursday, hitting $77.99. The company's stock had a trading volume of 843,123 shares, compared to its average volume of 2,306,655. Entegris, Inc. has a one year low of $60.75 and a one year high of $147.57. The firm has a market capitalization of $11.80 billion, a P/E ratio of 40.33, a price-to-earnings-growth ratio of 1.50 and a beta of 1.36. The stock has a fifty day moving average of $88.54 and a two-hundred day moving average of $98.84. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, topping analysts' consensus estimates of $0.77 by $0.07. Entegris had a net margin of 9.03% and a return on equity of 12.83%. Research analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 21st. Investors of record on Wednesday, April 30th will be paid a $0.10 dividend. The ex-dividend date is Wednesday, April 30th. This represents a $0.40 annualized dividend and a yield of 0.51%. Entegris's dividend payout ratio (DPR) is presently 20.73%.

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).