Qsemble Capital Management LP Acquires Shares of 14,783 Entegris, Inc. (NASDAQ:ENTG)

Qsemble Capital Management LP bought a new position in Entegris, Inc. (NASDAQ:ENTG - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 14,783 shares of the semiconductor company's stock, valued at approximately $1,664,000.

A number of other institutional investors have also recently bought and sold shares of ENTG. Bank of Montreal Can boosted its position in shares of Entegris by 42.5% during the 3rd quarter. Bank of Montreal Can now owns 108,717 shares of the semiconductor company's stock valued at $12,487,000 after acquiring an additional 32,439 shares in the last quarter. Brown Brothers Harriman & Co. raised its position in Entegris by 40.5% in the third quarter. Brown Brothers Harriman & Co. now owns 464,039 shares of the semiconductor company's stock worth $52,218,000 after purchasing an additional 133,722 shares in the last quarter. Daiwa Securities Group Inc. lifted its stake in Entegris by 6.5% during the third quarter. Daiwa Securities Group Inc. now owns 13,621 shares of the semiconductor company's stock worth $1,533,000 after purchasing an additional 826 shares during the period. Swedbank AB boosted its holdings in Entegris by 249.7% during the third quarter. Swedbank AB now owns 1,050,361 shares of the semiconductor company's stock valued at $118,197,000 after purchasing an additional 750,000 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in shares of Entegris by 27.3% in the 3rd quarter. Cerity Partners LLC now owns 46,861 shares of the semiconductor company's stock valued at $5,273,000 after purchasing an additional 10,038 shares during the period.

Entegris Price Performance

Shares of NASDAQ ENTG traded down $2.50 during trading on Tuesday, reaching $105.52. The company had a trading volume of 2,073,714 shares, compared to its average volume of 1,714,566. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.83 and a current ratio of 2.92. The stock has a market cap of $15.93 billion, a PE ratio of 69.88, a PEG ratio of 1.77 and a beta of 1.24. The business's 50 day moving average price is $107.05 and its 200-day moving average price is $118.41. Entegris, Inc. has a 52 week low of $94.92 and a 52 week high of $147.57.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.01). The company had revenue of $807.70 million during 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%. The business's revenue for the quarter was down 9.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.68 EPS. Analysts expect that Entegris, Inc. will post 2.99 earnings per share for the current year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, October 30th were given a $0.10 dividend. The ex-dividend date was Wednesday, October 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.38%. Entegris's payout ratio is 26.49%.

Analyst Ratings Changes

Several equities analysts recently commented on ENTG shares. UBS Group cut their target price on Entegris from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, November 5th. Craig Hallum cut their price objective on Entegris from $150.00 to $130.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. Mizuho lowered their target price on shares of Entegris from $143.00 to $125.00 and set an "outperform" rating on the stock in a report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Entegris from $145.00 to $115.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Finally, Needham & Company LLC restated a "buy" rating and issued a $150.00 price target on shares of Entegris in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $135.40.

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).