Skandinaviska Enskilda Banken AB publ Has $3.19 Million Position in Entegris, Inc. (NASDAQ:ENTG)

Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 11.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 32,032 shares of the semiconductor company's stock after purchasing an additional 3,300 shares during the period. Skandinaviska Enskilda Banken AB publ's holdings in Entegris were worth $3,185,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Fortitude Family Office LLC boosted its holdings in Entegris by 195.7% in the fourth quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company's stock valued at $41,000 after acquiring an additional 274 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in Entegris in the fourth quarter valued at about $42,000. Huntington National Bank lifted its stake in Entegris by 41.0% in the third quarter. Huntington National Bank now owns 454 shares of the semiconductor company's stock valued at $51,000 after buying an additional 132 shares during the period. Eagle Bay Advisors LLC lifted its stake in Entegris by 4,375.0% in the fourth quarter. Eagle Bay Advisors LLC now owns 716 shares of the semiconductor company's stock valued at $71,000 after buying an additional 700 shares during the period. Finally, Promus Capital LLC acquired a new stake in shares of Entegris during the fourth quarter worth about $71,000.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on ENTG shares. Mizuho dropped their price target on Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. StockNews.com raised Entegris from a "sell" rating to a "hold" rating in a research report on Thursday, March 13th. KeyCorp decreased their price objective on Entegris from $150.00 to $141.00 and set an "overweight" rating for the company in a report on Friday, February 7th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $120.00 price objective on shares of Entegris in a report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, Entegris currently has an average rating of "Moderate Buy" and an average price target of $124.88.

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Entegris Stock Down 1.3 %

ENTG stock traded down $1.32 during mid-day trading on Thursday, reaching $99.05. The company had a trading volume of 2,001,821 shares, compared to its average volume of 1,906,008. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86. The stock has a 50 day simple moving average of $102.30 and a two-hundred day simple moving average of $104.90. The company has a market capitalization of $14.97 billion, a price-to-earnings ratio of 51.32, a PEG ratio of 1.50 and a beta of 1.32. Entegris, Inc. has a 52 week low of $92.84 and a 52 week high of $147.57.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, beating 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%. As a group, equities analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

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

Insider Transactions at Entegris

In other news, SVP Clinton M. Haris sold 12,652 shares of Entegris stock in a transaction that occurred on 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 transaction, the senior vice president now directly owns 34,820 shares in the company, valued at approximately $3,722,954.40. The trade was 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 Entegris stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $108.00, for a total value of $106,272.00. Following the sale, the senior vice president now directly owns 10,903 shares of the company's stock, valued at approximately $1,177,524. The trade was a 8.28 % 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 corporate insiders.

About Entegris

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).