Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC lessened its stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 7.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 62,000 shares of the semiconductor company's stock after selling 5,287 shares during the quarter. Orion Portfolio Solutions LLC's holdings in Entegris were worth $6,142,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fortitude Family Office LLC raised its position in Entegris by 195.7% during the 4th quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company's stock worth $41,000 after buying an additional 274 shares during the last quarter. Promus Capital LLC acquired a new position in shares of Entegris during the fourth quarter worth about $71,000. Eagle Bay Advisors LLC raised its holdings in Entegris by 4,375.0% during the fourth quarter. Eagle Bay Advisors LLC now owns 716 shares of the semiconductor company's stock worth $71,000 after purchasing an additional 700 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in Entegris by 27.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company's stock valued at $73,000 after purchasing an additional 158 shares during the period. Finally, Blue Trust Inc. boosted its holdings in Entegris by 121.3% in the 4th quarter. Blue Trust Inc. now owns 768 shares of the semiconductor company's stock valued at $76,000 after purchasing an additional 421 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ENTG. KeyCorp decreased their price target on Entegris from $150.00 to $141.00 and set an "overweight" rating on the stock in a research note on Friday, February 7th. Needham & Company LLC reaffirmed a "buy" rating and issued a $120.00 target price on shares of Entegris in a report on Friday, February 7th. Mizuho reduced their price target on shares of Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th. Finally, StockNews.com downgraded Entegris from a "hold" rating to a "sell" rating in a research note on Monday, March 24th. One research 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.com, Entegris currently has a consensus rating of "Moderate Buy" and an average price target of $124.88.

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Entegris Price Performance

Shares of ENTG traded down $10.02 during mid-day trading on Thursday, reaching $75.80. 1,775,446 shares of the company's stock were exchanged, compared to its average volume of 2,102,626. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08. Entegris, Inc. has a 52-week low of $75.13 and a 52-week high of $147.57. The company has a market cap of $11.47 billion, a price-to-earnings ratio of 39.27, a PEG ratio of 1.50 and a beta of 1.36. The company has a 50-day simple moving average of $100.13 and a two-hundred day simple moving average of $103.70.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. On average, sell-side analysts predict that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date was Wednesday, January 29th. Entegris's dividend payout ratio is presently 20.73%.

Insider Buying and Selling

In other Entegris news, SVP Olivier Blachier sold 984 shares of the stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the transaction, the senior vice president now owns 10,903 shares of the company's stock, valued at $1,177,524. This trade represents a 8.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Clinton M. Haris sold 12,652 shares of the business's stock in a transaction 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 directly owns 34,820 shares of the company's stock, valued at $3,722,954.40. This represents a 26.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is owned by company insiders.

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).