Schroder Investment Management Group Raises Stock Holdings in Entegris, Inc. (NASDAQ:ENTG)

Schroder Investment Management Group boosted its stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 26.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 630,195 shares of the semiconductor company's stock after acquiring an additional 132,942 shares during the period. Schroder Investment Management Group owned 0.42% of Entegris worth $62,730,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Mountaineer Partners Management LLC grew its position in Entegris by 16,255.1% in the third quarter. Mountaineer Partners Management LLC now owns 11,044,594 shares of the semiconductor company's stock valued at $1,242,848,000 after acquiring an additional 10,977,064 shares during the last quarter. Norges Bank bought a new position in Entegris during the 4th quarter worth $445,988,000. Raymond James Financial Inc. acquired a new position in Entegris during the 4th quarter worth about $91,869,000. Principal Financial Group Inc. grew its position in shares of Entegris by 130.8% in the 3rd quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company's stock valued at $155,287,000 after buying an additional 781,955 shares during the last quarter. Finally, James Hambro & Partners LLP acquired a new stake in shares of Entegris in the fourth quarter valued at about $72,845,000.

Entegris Stock Down 9.7 %

Shares of NASDAQ ENTG traded down $6.95 during trading on Friday, hitting $64.99. The stock had a trading volume of 6,720,605 shares, compared to its average volume of 2,149,071. The firm has a fifty day moving average of $99.45 and a two-hundred day moving average of $103.48. The company has a market capitalization of $9.83 billion, a PE ratio of 33.60, a PEG ratio of 1.50 and a beta of 1.36. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86. Entegris, Inc. has a 12 month low of $61.27 and a 12 month high of $147.57.

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

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were given a $0.10 dividend. The ex-dividend date was Wednesday, January 29th. This represents a $0.40 annualized dividend and a yield of 0.62%. Entegris's dividend payout ratio is currently 20.73%.

Analyst Upgrades and Downgrades

ENTG has been the topic of a number of recent analyst reports. StockNews.com raised Entegris from a "sell" rating to a "hold" rating in a research note on Thursday. Mizuho dropped their price target on shares of Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. Needham & Company LLC reiterated a "buy" rating and set a $120.00 price objective on shares of Entegris in a research report on Friday, February 7th. Finally, KeyCorp dropped their target price on shares of Entegris from $150.00 to $141.00 and set an "overweight" rating on the stock in a report on Friday, February 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.com, Entegris presently has a consensus rating of "Moderate Buy" and a consensus price target of $124.88.

Insider Buying and Selling at Entegris

In other news, SVP Clinton M. Haris sold 12,652 shares of Entegris stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the completion of the sale, the senior vice president now owns 34,820 shares in the company, valued at approximately $3,722,954.40. This trade represents a 26.65 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Olivier Blachier sold 984 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $108.00, for a total transaction of $106,272.00. Following the completion of the transaction, the senior vice president now directly owns 10,903 shares in the company, valued at $1,177,524. The trade was a 8.28 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company's stock.

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).