Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Mariner LLC

Mariner LLC cut its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 10.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,960 shares of the semiconductor company's stock after selling 4,080 shares during the period. Mariner LLC's holdings in Entegris were worth $3,364,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Synovus Financial Corp increased its holdings in shares of Entegris by 102.3% in the third quarter. Synovus Financial Corp now owns 38,253 shares of the semiconductor company's stock worth $4,305,000 after purchasing an additional 19,340 shares during the period. Swedbank AB raised its stake in Entegris by 47.7% in the fourth quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company's stock worth $153,636,000 after buying an additional 500,581 shares in the last quarter. National Bank of Canada FI raised its holdings in Entegris by 66,855.0% in the fourth quarter. National Bank of Canada FI now owns 490,780 shares of the semiconductor company's stock worth $48,617,000 after purchasing an additional 490,047 shares in the last quarter. Argent Capital Management LLC grew its stake in shares of Entegris by 9.9% in the fourth quarter. Argent Capital Management LLC now owns 31,066 shares of the semiconductor company's stock worth $3,077,000 after acquiring an additional 2,793 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in Entegris by 14.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,060,378 shares of the semiconductor company's stock valued at $105,041,000 after purchasing an additional 137,046 shares in the last quarter.

Entegris Trading Up 1.2 %

Shares of NASDAQ:ENTG traded up $0.96 during mid-day trading on Friday, reaching $80.67. 1,691,674 shares of the company were exchanged, compared to its average volume of 2,326,032. The firm's 50-day simple moving average is $87.99 and its 200 day simple moving average is $98.63. The firm has a market cap of $12.21 billion, a price-to-earnings ratio of 41.80, a P/E/G ratio of 1.50 and a beta of 1.36. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86. Entegris, Inc. has a 1 year low of $60.75 and a 1 year high of $147.57.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, beating 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%. Equities research analysts forecast that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Wednesday, April 30th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is Wednesday, April 30th. Entegris's dividend payout ratio (DPR) is presently 20.73%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ENTG shares. KeyCorp dropped their price objective on shares of Entegris from $141.00 to $130.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Needham & Company LLC restated a "buy" rating and set a $120.00 price objective on shares of Entegris in a research report on Friday, February 7th. Mizuho decreased their price objective on shares of Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a research note on Tuesday, January 7th. Finally, StockNews.com lowered shares of Entegris from a "hold" rating to a "sell" rating in a report on Saturday, April 19th. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $123.50.

Insider Transactions at Entegris

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

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).