Vanderbilt University Has $3.18 Million Stock Position in Entegris, Inc. (NASDAQ:ENTG)

Vanderbilt University grew its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 72.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 28,277 shares of the semiconductor company's stock after purchasing an additional 11,867 shares during the quarter. Vanderbilt University's holdings in Entegris were worth $3,182,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Entegris by 0.8% during the first quarter. Vanguard Group Inc. now owns 14,666,653 shares of the semiconductor company's stock valued at $2,061,251,000 after purchasing an additional 112,638 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Entegris by 7.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 13,085,147 shares of the semiconductor company's stock valued at $1,838,988,000 after buying an additional 916,420 shares during the last quarter. Earnest Partners LLC increased its stake in shares of Entegris by 0.6% in the 2nd quarter. Earnest Partners LLC now owns 1,858,757 shares of the semiconductor company's stock valued at $251,676,000 after buying an additional 11,692 shares during the period. American Century Companies Inc. raised its position in shares of Entegris by 20.2% during the second quarter. American Century Companies Inc. now owns 1,523,824 shares of the semiconductor company's stock worth $206,326,000 after acquiring an additional 256,186 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Entegris by 7.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,083,217 shares of the semiconductor company's stock valued at $146,668,000 after acquiring an additional 77,083 shares during the period.

Entegris Stock Up 0.9 %

Shares of ENTG stock traded up $0.94 during trading on Monday, reaching $105.95. The company's stock had a trading volume of 1,892,363 shares, compared to its average volume of 1,626,487. Entegris, Inc. has a one year low of $84.13 and a one year high of $147.57. The business has a fifty day moving average price of $110.10 and a 200-day moving average price of $122.20. The company has a market cap of $15.98 billion, a price-to-earnings ratio of 51.06, a price-to-earnings-growth ratio of 1.39 and a beta of 1.24. The company has a quick ratio of 2.14, a current ratio of 3.58 and a debt-to-equity ratio of 1.18.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings data on Wednesday, July 31st. The semiconductor company reported $0.71 EPS for the quarter, topping analysts' consensus estimates of $0.70 by $0.01. The company had revenue of $812.60 million during the quarter, compared to the consensus estimate of $802.43 million. Entegris had a net margin of 5.61% and a return on equity of 12.03%. The company's quarterly revenue was down 9.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.66 EPS. Analysts anticipate that Entegris, Inc. will post 3.13 earnings per share for the current year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 20th. Stockholders of record on Wednesday, October 30th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date is Wednesday, October 30th. Entegris's dividend payout ratio is currently 19.23%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on ENTG. Citigroup raised Entegris from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $119.00 to $130.00 in a report on Monday, September 16th. Mizuho raised shares of Entegris from a "neutral" rating to an "outperform" rating and set a $143.00 price target for the company in a research note on Thursday, August 1st. Deutsche Bank Aktiengesellschaft decreased their target price on Entegris from $160.00 to $145.00 and set a "buy" rating for the company in a research note on Thursday, August 1st. BMO Capital Markets dropped their price target on Entegris from $160.00 to $145.00 and set an "outperform" rating on the stock in a research report on Thursday, August 1st. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $150.00 price objective on shares of Entegris in a research report on Thursday, August 1st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $146.40.

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).