Entegris, Inc. (NASDAQ:ENTG) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG grew its holdings in Entegris, Inc. (NASDAQ:ENTG) by 434.1% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,470,162 shares of the semiconductor company’s stock after buying an additional 1,194,903 shares during the period. Deutsche Bank AG’s holdings in Entegris were worth $145,634,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in ENTG. Corient Private Wealth LLC raised its stake in Entegris by 1.1% during the 4th quarter. Corient Private Wealth LLC now owns 11,862 shares of the semiconductor company’s stock valued at $1,175,000 after acquiring an additional 128 shares during the last quarter. Torray Investment Partners LLC grew its position in Entegris by 0.9% in the 4th quarter. Torray Investment Partners LLC now owns 15,266 shares of the semiconductor company’s stock valued at $1,512,000 after buying an additional 129 shares during the last quarter. Metis Global Partners LLC increased its stake 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 buying an additional 135 shares during the period. HighPoint Advisor Group LLC raised its position in Entegris by 4.3% during the 4th quarter. HighPoint Advisor Group LLC now owns 3,559 shares of the semiconductor company’s stock worth $376,000 after buying an additional 146 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its stake in shares of Entegris by 6.3% in 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 period.

Entegris Stock Performance

Entegris stock opened at $76.36 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. Entegris, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $147.57. The stock has a fifty day moving average of $83.04 and a two-hundred day moving average of $96.60. The company has a market capitalization of $11.55 billion, a price-to-earnings ratio of 39.56, a PEG ratio of 1.50 and a beta of 1.33.

Entegris (NASDAQ:ENTG) last announced its earnings results on Wednesday, May 7th. The semiconductor company reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.69 by ($0.02). Entegris had a net margin of 9.03% and a return on equity of 12.83%. The firm had revenue of $773.20 million during the quarter, compared to analyst estimates of $790.75 million. During the same period in the previous year, the firm posted $0.68 EPS. The company’s revenue for the quarter was up .3% compared to the same quarter last year. On average, analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th will be paid a $0.10 dividend. The ex-dividend date is Wednesday, April 30th. This represents a $0.40 annualized dividend and a yield of 0.52%. Entegris’s payout ratio is currently 20.73%.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Entegris

In related news, SVP Clinton M. Haris sold 12,652 shares of the company’s stock in a transaction 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Olivier Blachier sold 984 shares of the stock in a transaction dated 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 owns 10,903 shares in the company, valued at $1,177,524. This trade represents 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 insiders.

Entegris 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).