Van Berkom & Associates Inc. Takes Position in Entegris, Inc. (NASDAQ:ENTG)

Van Berkom & Associates Inc. purchased a new stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 12,961 shares of the semiconductor company's stock, valued at approximately $1,284,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Capital Performance Advisors LLP bought a new position in Entegris in the 3rd quarter worth $29,000. Blue Trust Inc. increased its stake in shares of Entegris by 221.3% in the third quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company's stock worth $39,000 after purchasing an additional 239 shares during the period. Fortitude Family Office LLC lifted its position in shares of Entegris by 195.7% during the 4th quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company's stock worth $41,000 after purchasing an additional 274 shares during the last quarter. Covestor Ltd boosted its stake in Entegris by 241.8% during the 3rd quarter. Covestor Ltd now owns 417 shares of the semiconductor company's stock valued at $47,000 after purchasing an additional 295 shares during the period. Finally, Huntington National Bank grew its holdings in Entegris by 41.0% in the 3rd 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 last quarter.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ENTG shares. StockNews.com upgraded Entegris from a "sell" rating to a "hold" rating in a report on Wednesday, February 19th. Needham & Company LLC reissued a "buy" rating and issued a $120.00 price target on shares of Entegris in a report on Friday, February 7th. Citigroup dropped their price objective on shares of Entegris from $130.00 to $123.00 and set a "buy" rating on the stock in a report on Wednesday, November 6th. UBS Group cut their price objective on shares of Entegris from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Entegris from $145.00 to $115.00 and set a "buy" rating on the stock in a research report on Tuesday, November 5th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $128.78.

Insider Buying and Selling

In other Entegris news, SVP Clinton M. Haris sold 12,652 shares of the business's stock in a transaction dated 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 of the company's stock, valued at approximately $3,722,954.40. The trade was a 26.65 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Olivier Blachier sold 984 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the completion of the sale, the senior vice president now directly owns 10,903 shares of the company's stock, valued at approximately $1,177,524. This represents a 8.28 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by corporate insiders.

Entegris Price Performance

NASDAQ ENTG traded down $0.94 during trading on Tuesday, reaching $101.36. 849,976 shares of the company traded hands, compared to its average volume of 2,264,663. Entegris, Inc. has a 1-year low of $94.92 and a 1-year high of $147.57. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. The stock's 50 day moving average price is $103.00 and its two-hundred day moving average price is $106.39. The company has a market cap of $15.32 billion, a price-to-earnings ratio of 52.47, a P/E/G ratio of 1.50 and a beta of 1.24.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) 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, analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date of this dividend was Wednesday, January 29th. Entegris's dividend payout ratio (DPR) is currently 20.73%.

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).