Entegris, Inc. (NASDAQ:ENTG) Shares Purchased by LPL Financial LLC

LPL Financial LLC boosted its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 36.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 98,123 shares of the semiconductor company's stock after buying an additional 25,980 shares during the quarter. LPL Financial LLC owned approximately 0.06% of Entegris worth $9,720,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ENTG. Fortitude Family Office LLC grew its position in shares of Entegris by 195.7% in the 4th quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company's stock valued at $41,000 after buying an additional 274 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in Entegris in the fourth quarter valued at $42,000. Eagle Bay Advisors LLC grew its holdings in shares of Entegris by 4,375.0% during the fourth quarter. Eagle Bay Advisors LLC now owns 716 shares of the semiconductor company's stock worth $71,000 after purchasing an additional 700 shares during the last quarter. Promus Capital LLC purchased a new position in shares of Entegris during the fourth quarter worth about $71,000. Finally, Smartleaf Asset Management LLC increased its position in shares of Entegris by 27.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company's stock worth $73,000 after purchasing an additional 158 shares in the last quarter.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ENTG. Mizuho decreased their target price on Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th. KeyCorp lowered their target price on shares of Entegris from $150.00 to $141.00 and set an "overweight" rating on the stock in a research report on Friday, February 7th. StockNews.com upgraded shares of Entegris from a "sell" rating to a "hold" rating in a research report on Thursday, April 3rd. Finally, Needham & Company LLC reiterated a "buy" rating and set a $120.00 price target on shares of Entegris in a research note on Friday, February 7th. Two analysts have rated the stock with 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 price target of $124.88.

Insiders Place Their Bets

In other news, SVP Olivier Blachier sold 984 shares of the company's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the transaction, the senior vice president now directly owns 10,903 shares of the company's stock, valued at $1,177,524. This represents a 8.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Clinton M. Haris sold 12,652 shares of the firm's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the completion of the sale, the senior vice president now owns 34,820 shares of the company's stock, valued at $3,722,954.40. This trade represents a 26.65 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by company insiders.

Entegris Stock Performance

ENTG traded up $15.56 during trading on Wednesday, hitting $78.48. The stock had a trading volume of 8,433,581 shares, compared to its average volume of 2,234,059. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $147.57. The firm has a market capitalization of $11.88 billion, a P/E ratio of 40.66, a PEG ratio of 1.50 and a beta of 1.36. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. The company's 50-day moving average price is $95.72 and its 200 day moving average price is $101.72.

Entegris (NASDAQ:ENTG - Get Free Report) last posted 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 net margin of 9.03% and a return on equity of 12.83%. On average, equities research analysts forecast that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date was Wednesday, January 29th. Entegris's dividend payout ratio 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).