Tredje AP fonden Has $1.16 Million Stake in Entegris, Inc. (NASDAQ:ENTG)

Tredje AP fonden lessened its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 50.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,699 shares of the semiconductor company's stock after selling 11,698 shares during the quarter. Tredje AP fonden's holdings in Entegris were worth $1,159,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Torray Investment Partners LLC grew its position in 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 acquiring an additional 129 shares during the last quarter. Huntington National Bank grew its position 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 acquiring an additional 132 shares during the last quarter. Metis Global Partners LLC grew its position in 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 acquiring an additional 135 shares during the last quarter. Sequoia Financial Advisors LLC grew 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 valued at $246,000 after acquiring an additional 147 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Entegris by 27.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company's stock worth $73,000 after purchasing an additional 158 shares during the last quarter.

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Entegris Trading Up 0.2 %

ENTG stock traded up $0.22 during trading on Wednesday, hitting $100.37. The company had a trading volume of 3,021,898 shares, compared to its average volume of 2,947,857. The business has a 50-day moving average of $102.29 and a 200-day moving average of $104.93. Entegris, Inc. has a one year low of $92.84 and a one year high of $147.57. The stock has a market cap of $15.17 billion, a PE ratio of 52.01, a PEG ratio of 1.50 and a beta of 1.32. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08.

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

Entegris Dividend Announcement

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

Insider Buying and Selling at Entegris

In other Entegris news, SVP Olivier Blachier sold 984 shares of the business's 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 transaction, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Clinton M. Haris sold 12,652 shares of the business's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $106.92, for a total value 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. This trade represents a 26.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company's stock.

Analyst Upgrades and Downgrades

ENTG has been the topic of several research reports. Needham & Company LLC restated a "buy" rating and set a $120.00 price target on shares of Entegris in a report on Friday, February 7th. KeyCorp reduced their price target on Entegris from $150.00 to $141.00 and set an "overweight" rating on the stock in a report on Friday, February 7th. StockNews.com upgraded Entegris from a "sell" rating to a "hold" rating in a report on Thursday, March 13th. Finally, Mizuho reduced their price target on Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $124.88.

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).