Quantinno Capital Management LP boosted its position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 849.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,190 shares of the semiconductor company's stock after acquiring an additional 27,904 shares during the period. Quantinno Capital Management LP's holdings in Entegris were worth $3,510,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of ENTG. Innealta Capital LLC acquired a new position in shares of Entegris during the 2nd quarter worth about $26,000. Summit Securities Group LLC purchased a new stake in shares of Entegris during the 2nd quarter worth approximately $27,000. Quarry LP purchased a new stake in shares of Entegris during the 2nd quarter worth approximately $27,000. Capital Performance Advisors LLP acquired a new position in shares of Entegris in the 3rd quarter valued at $29,000. Finally, Blue Trust Inc. grew its position in shares of Entegris by 221.3% in 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 during the last quarter.
Entegris Price Performance
NASDAQ ENTG traded up $1.11 during mid-day trading on Monday, hitting $110.51. The stock had a trading volume of 1,585,176 shares, compared to its average volume of 1,706,107. The company has a 50 day simple moving average of $106.06 and a 200 day simple moving average of $116.90. The company has a market cap of $16.69 billion, a price-to-earnings ratio of 72.45, a P/E/G ratio of 1.80 and a beta of 1.24. Entegris, Inc. has a 52-week low of $94.92 and a 52-week high of $147.57. The company has a quick ratio of 1.83, a current ratio of 2.92 and a debt-to-equity ratio of 1.14.
Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.77 earnings per share for the quarter, missing analysts' consensus estimates of $0.78 by ($0.01). Entegris had a net margin of 7.13% and a return on equity of 12.24%. The firm had revenue of $807.70 million during the quarter, compared to analysts' expectations of $832.44 million. During the same quarter in the prior year, the business earned $0.68 EPS. The company's quarterly revenue was down 9.1% compared to the same quarter last year. Equities analysts forecast that Entegris, Inc. will post 2.99 EPS for the current fiscal year.
Entegris Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders 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 annualized dividend and a dividend yield of 0.36%. Entegris's dividend payout ratio is presently 26.49%.
Analysts Set New Price Targets
Several equities analysts have issued reports on ENTG shares. Citigroup decreased their price objective on shares of Entegris from $130.00 to $123.00 and set a "buy" rating for the company in a research note on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft decreased their target price on Entegris from $145.00 to $115.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Craig Hallum cut their price target on Entegris from $150.00 to $130.00 and set a "buy" rating on the stock in a research report on Tuesday, November 5th. UBS Group reduced their target price on shares of Entegris from $130.00 to $115.00 and set a "neutral" rating for the company in a report on Tuesday, November 5th. Finally, BMO Capital Markets lowered their price target on Entegris from $145.00 to $135.00 and set an "outperform" rating on the stock in a report on Tuesday, November 5th. One 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 company's stock. According to MarketBeat, Entegris currently has a consensus rating of "Moderate Buy" and an average price target of $135.40.
View Our Latest Report on ENTG
Entegris Profile
(
Free Report)
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).
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