Vanguard Group Inc. Grows Holdings in Entegris, Inc. (NASDAQ:ENTG)

Vanguard Group Inc. grew its position in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 1.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,202,146 shares of the semiconductor company's stock after buying an additional 169,180 shares during the quarter. Vanguard Group Inc. owned 10.07% of Entegris worth $1,505,925,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Corient Private Wealth LLC grew its stake in shares of Entegris by 1.1% in the fourth quarter. Corient Private Wealth LLC now owns 11,862 shares of the semiconductor company's stock worth $1,175,000 after purchasing an additional 128 shares during the last quarter. Torray Investment Partners LLC increased its stake in Entegris by 0.9% during the 4th 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 lifted its position in Entegris by 7.1% in the 4th 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 in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in Entegris by 6.3% during the 4th quarter. Sequoia Financial Advisors LLC now owns 2,482 shares of the semiconductor company's stock worth $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% in the fourth quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company's stock valued at $73,000 after acquiring an additional 158 shares in the last quarter.

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Insider Buying and Selling

In related news, SVP Clinton M. Haris sold 12,652 shares of the stock in a transaction that occurred on Monday, February 10th. The stock was 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 represents 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 link. Also, SVP Olivier Blachier sold 984 shares of Entegris stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the sale, the senior vice president now owns 10,903 shares of the company's stock, valued at approximately $1,177,524. This represents a 8.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Needham & Company LLC restated a "buy" rating and issued a $120.00 target price on shares of Entegris in a research note on Friday, February 7th. Mizuho cut their price objective on Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. StockNews.com lowered shares of Entegris from a "hold" rating to a "sell" rating in a report on Monday, March 24th. Finally, KeyCorp decreased their target price on shares of Entegris from $150.00 to $141.00 and set an "overweight" rating on the stock in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $124.88.

Entegris Trading Down 1.5 %

Shares of Entegris stock traded down $1.28 on Tuesday, reaching $86.20. The company had a trading volume of 2,354,171 shares, compared to its average volume of 2,096,590. 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 firm's 50-day moving average price is $100.55 and its two-hundred day moving average price is $103.83. The firm has a market cap of $13.04 billion, a price-to-earnings ratio of 44.66, a P/E/G ratio of 1.50 and a beta of 1.32. Entegris, Inc. has a 1 year low of $84.07 and a 1 year high of $147.57.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings data 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 net margin of 9.03% and a return on equity of 12.83%. As a group, research analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.46%. Entegris's dividend payout ratio is currently 20.73%.

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).