10,256 Shares in Entegris, Inc. (NASDAQ:ENTG) Purchased by Oddo BHF Asset Management Sas

Oddo BHF Asset Management Sas acquired a new stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,256 shares of the semiconductor company's stock, valued at approximately $1,154,000.

Other large investors have also modified their holdings of the company. Innealta Capital LLC acquired a new stake in shares of Entegris during the 2nd quarter valued at about $26,000. Summit Securities Group LLC acquired a new stake in Entegris in the second quarter valued at approximately $27,000. Quarry LP purchased a new stake in shares of Entegris in the second quarter valued at approximately $27,000. Capital Performance Advisors LLP acquired a new position in shares of Entegris during the 3rd quarter worth approximately $29,000. Finally, Blue Trust Inc. lifted its position in shares of Entegris by 221.3% during the 3rd quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company's stock valued at $39,000 after buying an additional 239 shares in the last quarter.

Analyst Ratings Changes

Several equities research analysts recently commented on ENTG shares. Mizuho reduced their price objective on shares of Entegris from $143.00 to $125.00 and set an "outperform" rating for the company in a research report on Tuesday, November 5th. KeyCorp reduced their price target on shares of Entegris from $164.00 to $154.00 and set an "overweight" rating for the company in a research report on Tuesday, November 5th. Craig Hallum decreased their price target on shares of Entegris from $150.00 to $130.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft cut their price objective on Entegris from $145.00 to $115.00 and set a "buy" rating for the company in a research note on Tuesday, November 5th. Finally, BMO Capital Markets decreased their target price on Entegris from $145.00 to $135.00 and set an "outperform" rating on the stock in a research report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $135.40.

Entegris Price Performance

Shares of NASDAQ:ENTG traded down $0.64 during midday trading on Friday, hitting $106.66. The company had a trading volume of 2,238,402 shares, compared to its average volume of 1,711,907. The business's 50-day simple moving average is $105.69 and its 200-day simple moving average is $116.29. The stock has a market cap of $16.11 billion, a price-to-earnings ratio of 70.64, a price-to-earnings-growth ratio of 1.80 and a beta of 1.23. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.92 and a quick ratio of 1.83. Entegris, Inc. has a twelve month low of $94.92 and a twelve month high of $147.57.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its earnings results on Monday, November 4th. The semiconductor company reported $0.77 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.78 by ($0.01). The company had revenue of $807.70 million during the quarter, compared to analyst estimates of $832.44 million. Entegris had a return on equity of 12.24% and a net margin of 7.13%. The firm's revenue was down 9.1% compared to the same quarter last year. During the same period last year, the business earned $0.68 earnings per share. On average, research analysts predict that Entegris, Inc. will post 2.99 earnings per share for the current year.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, October 30th were paid a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, October 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.38%. Entegris's dividend payout ratio (DPR) is 26.49%.

Entegris Company 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).