Natixis Advisors LLC Has $28.78 Million Stock Position in Entegris, Inc. (NASDAQ:ENTG)

Natixis Advisors LLC trimmed its holdings in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 3.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 255,744 shares of the semiconductor company's stock after selling 8,762 shares during the period. Natixis Advisors LLC owned about 0.17% of Entegris worth $28,779,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of ENTG. Empowered Funds LLC lifted its position in shares of Entegris by 20.1% during the 3rd quarter. Empowered Funds LLC now owns 19,285 shares of the semiconductor company's stock valued at $2,170,000 after acquiring an additional 3,229 shares during the period. CIBC Asset Management Inc increased its stake in Entegris by 5.3% in the 3rd quarter. CIBC Asset Management Inc now owns 5,377 shares of the semiconductor company's stock valued at $605,000 after purchasing an additional 272 shares in the last quarter. Curi RMB Capital LLC raised its holdings in Entegris by 1.2% during the third quarter. Curi RMB Capital LLC now owns 251,813 shares of the semiconductor company's stock worth $28,336,000 after purchasing an additional 2,987 shares during the last quarter. Huntington National Bank raised its position in Entegris by 41.0% during the third quarter. Huntington National Bank now owns 454 shares of the semiconductor company's stock worth $51,000 after acquiring an additional 132 shares during the last quarter. Finally, KBC Group NV lifted its stake in Entegris by 5.3% in the 3rd quarter. KBC Group NV now owns 25,271 shares of the semiconductor company's stock valued at $2,843,000 after buying an additional 1,267 shares in the last quarter.

Entegris Stock Performance

Shares of ENTG traded up $0.08 during mid-day trading on Tuesday, hitting $99.63. The company's stock had a trading volume of 833,673 shares, compared to its average volume of 1,697,036. Entegris, Inc. has a one year low of $94.92 and a one year high of $147.57. The stock's 50-day moving average is $107.60 and its two-hundred day moving average is $119.38. The firm has a market capitalization of $15.04 billion, a PE ratio of 65.93, a price-to-earnings-growth ratio of 1.59 and a beta of 1.24. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.83 and a current ratio of 2.92.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.77 EPS for the quarter, missing analysts' consensus estimates of $0.78 by ($0.01). The business had revenue of $807.70 million for the quarter, compared to the consensus estimate of $832.44 million. Entegris had a return on equity of 12.24% and a net margin of 7.13%. Entegris's revenue was down 9.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.68 earnings per share. As a group, sell-side analysts anticipate that Entegris, Inc. will post 3.03 EPS for the current year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Wednesday, October 30th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.40%. The ex-dividend date is Wednesday, October 30th. Entegris's dividend payout ratio (DPR) is currently 26.49%.

Analyst Ratings Changes

Several research firms have recently issued reports on ENTG. Deutsche Bank Aktiengesellschaft decreased their price objective on Entegris from $145.00 to $115.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. KeyCorp cut their price objective on Entegris from $164.00 to $154.00 and set an "overweight" rating on the stock in a research report on Tuesday, November 5th. BMO Capital Markets decreased their target price on shares of Entegris from $145.00 to $135.00 and set an "outperform" rating for the company in a research note on Tuesday, November 5th. Craig Hallum lowered their price objective on Entegris from $150.00 to $130.00 and set a "buy" rating for the company in a research note on Tuesday, November 5th. Finally, Needham & Company LLC restated a "buy" rating and issued a $150.00 target price on shares of Entegris in a research note on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $135.40.

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).