Schroder Investment Management Group Grows Stake in Entegris, Inc. (NASDAQ:ENTG)

Schroder Investment Management Group grew its position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 26.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 630,195 shares of the semiconductor company's stock after purchasing an additional 132,942 shares during the period. Schroder Investment Management Group owned approximately 0.42% of Entegris worth $62,730,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Corient Private Wealth LLC grew its holdings in Entegris by 1.1% during the 4th quarter. Corient Private Wealth LLC now owns 11,862 shares of the semiconductor company's stock valued at $1,175,000 after buying an additional 128 shares in the last quarter. Torray Investment Partners LLC grew its holdings in shares of Entegris by 0.9% in the fourth quarter. Torray Investment Partners LLC now owns 15,266 shares of the semiconductor company's stock valued at $1,512,000 after purchasing an additional 129 shares in the last quarter. Metis Global Partners LLC grew its holdings in shares of Entegris by 7.1% in the fourth quarter. Metis Global Partners LLC now owns 2,049 shares of the semiconductor company's stock valued at $203,000 after purchasing an additional 135 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in Entegris by 6.3% in the fourth quarter. Sequoia Financial Advisors LLC now owns 2,482 shares of the semiconductor company's stock worth $246,000 after purchasing an additional 147 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in Entegris by 27.6% during 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 in the last quarter.

Insiders Place Their Bets

In other news, SVP Olivier Blachier sold 984 shares of the business's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $108.00, for a total value of $106,272.00. Following the completion of the sale, the senior vice president now owns 10,903 shares in the company, valued at approximately $1,177,524. The trade was a 8.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Clinton M. Haris sold 12,652 shares of the stock in a transaction that occurred 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 transaction, the senior vice president now owns 34,820 shares in the company, valued at approximately $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 currently owned by company insiders.

Entegris Trading Down 9.1 %

Shares of NASDAQ ENTG traded down $6.55 during midday trading on Friday, hitting $65.39. The company's stock had a trading volume of 9,577,103 shares, compared to its average volume of 2,165,964. The business's 50 day moving average is $98.67 and its two-hundred day moving average is $103.11. Entegris, Inc. has a 12-month low of $61.27 and a 12-month high of $147.57. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. The firm has a market cap of $9.89 billion, a P/E ratio of 33.88, a price-to-earnings-growth ratio of 1.50 and a beta of 1.36.

Entegris (NASDAQ:ENTG - Get Free Report) last released its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. As a group, equities research analysts expect that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were paid a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.40 annualized dividend and a yield of 0.61%. Entegris's dividend payout ratio (DPR) is currently 20.73%.

Analyst Ratings Changes

A number of brokerages have commented on ENTG. Needham & Company LLC reissued a "buy" rating and issued a $120.00 price objective on shares of Entegris in a research note on Friday, February 7th. KeyCorp dropped their price target on Entegris from $150.00 to $141.00 and set an "overweight" rating for the company in a research report on Friday, February 7th. StockNews.com upgraded Entegris from a "sell" rating to a "hold" rating in a research report on Thursday. Finally, Mizuho dropped their target price on Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $124.88.

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).