National Pension Service Grows Stock Position in Entegris, Inc. (NASDAQ:ENTG)

National Pension Service boosted its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 9.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 273,034 shares of the semiconductor company's stock after purchasing an additional 23,111 shares during the quarter. National Pension Service owned approximately 0.18% of Entegris worth $27,047,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ENTG. Blue Trust Inc. boosted its stake in Entegris by 221.3% in the 3rd quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company's stock worth $39,000 after purchasing an additional 239 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Entegris during the 3rd quarter worth approximately $1,963,000. First Trust Direct Indexing L.P. raised its holdings in shares of Entegris by 15.0% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 4,783 shares of the semiconductor company's stock worth $538,000 after acquiring an additional 623 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of Entegris during the 3rd quarter worth approximately $1,158,000. Finally, Van ECK Associates Corp raised its holdings in shares of Entegris by 24.1% during the 3rd quarter. Van ECK Associates Corp now owns 107,097 shares of the semiconductor company's stock worth $11,057,000 after acquiring an additional 20,795 shares in the last quarter.

Insider Buying and Selling at Entegris

In related news, SVP Clinton M. Haris sold 12,652 shares of the firm's stock in a transaction dated Monday, February 10th. The stock was 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 of the company's stock, valued at $3,722,954.40. This trade represents a 26.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Olivier Blachier sold 984 shares of the firm's stock in a transaction dated 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 directly owns 10,903 shares in the company, 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. 0.67% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on ENTG shares. UBS Group decreased their price objective on Entegris from $130.00 to $115.00 and set a "neutral" rating on the stock in a report on Tuesday, November 5th. StockNews.com cut Entegris from a "hold" rating to a "sell" rating in a report on Thursday, February 27th. Craig Hallum decreased their price objective on Entegris from $150.00 to $130.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Needham & Company LLC restated a "buy" rating and set a $120.00 price target on shares of Entegris in a report on Friday, February 7th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Entegris from $145.00 to $115.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $124.88.

Entegris Trading Up 4.1 %

Entegris stock traded up $4.03 during mid-day trading on Wednesday, hitting $102.38. The company's stock had a trading volume of 22,198,794 shares, compared to its average volume of 1,870,750. The company has a 50 day moving average of $102.69 and a 200-day moving average of $106.02. The stock has a market cap of $15.47 billion, a PE ratio of 53.05, a P/E/G ratio of 1.50 and a beta of 1.24. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. Entegris, Inc. has a one year low of $94.92 and a one year high of $147.57.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. On average, research analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.39%. The ex-dividend date was Wednesday, January 29th. Entegris's dividend payout ratio (DPR) is presently 20.73%.

About Entegris

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).