Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Ellevest Inc.

Ellevest Inc. lessened its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 10.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,392 shares of the semiconductor company’s stock after selling 941 shares during the quarter. Ellevest Inc.’s holdings in Entegris were worth $831,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Entegris by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 15,202,146 shares of the semiconductor company’s stock valued at $1,505,925,000 after buying an additional 169,180 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Entegris by 33.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 11,194,612 shares of the semiconductor company’s stock worth $1,108,940,000 after acquiring an additional 2,826,463 shares during the period. Norges Bank acquired a new stake in Entegris in the fourth quarter valued at approximately $445,988,000. D1 Capital Partners L.P. raised its stake in shares of Entegris by 329.4% during the fourth quarter. D1 Capital Partners L.P. now owns 2,752,902 shares of the semiconductor company’s stock valued at $272,702,000 after purchasing an additional 2,111,801 shares during the period. Finally, Cantillon Capital Management LLC raised its stake in shares of Entegris by 12.6% during the fourth quarter. Cantillon Capital Management LLC now owns 2,616,354 shares of the semiconductor company’s stock valued at $259,176,000 after purchasing an additional 291,893 shares during the period.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on ENTG shares. UBS Group lowered their price target on shares of Entegris from $90.00 to $85.00 and set a “neutral” rating for the company in a report on Thursday. KeyCorp cut their target price on shares of Entegris from $130.00 to $117.00 and set an “overweight” rating on the stock in a research note on Thursday. Citigroup cut their price objective on Entegris from $125.00 to $102.00 and set a “buy” rating on the stock in a research note on Thursday. StockNews.com lowered Entegris from a “hold” rating to a “sell” rating in a research report on Saturday, April 19th. Finally, Needham & Company LLC dropped their price target on Entegris from $120.00 to $100.00 and set a “buy” rating on the stock in a research report on Thursday. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Entegris presently has an average rating of “Moderate Buy” and an average price target of $113.00.

Insider Transactions at Entegris

In other news, SVP Olivier Blachier sold 984 shares of the company’s stock in a transaction 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 completion of the sale, the senior vice president now owns 10,903 shares in the company, valued at $1,177,524. This represents a 8.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, 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 value of $1,352,751.84. Following 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 ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.67% of the company’s stock.

Entegris Stock Performance

ENTG opened at $76.36 on Friday. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $147.57. The stock has a market cap of $11.55 billion, a PE ratio of 39.56, a price-to-earnings-growth ratio of 1.50 and a beta of 1.33. The business’s 50 day moving average is $83.04 and its 200-day moving average is $96.64. 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) last announced its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.02). The business had revenue of $773.20 million for the quarter, compared to analyst estimates of $790.75 million. Entegris had a return on equity of 12.83% and a net margin of 9.03%. The company’s revenue was up .3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.68 EPS. On average, analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.52%. Entegris’s dividend payout ratio (DPR) is 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).