58,269 Shares in Entegris, Inc. $ENTG Acquired by Aviva PLC

Aviva PLC acquired a new stake in Entegris, Inc. (NASDAQ:ENTG) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 58,269 shares of the semiconductor company’s stock, valued at approximately $4,699,000.

Other large investors have also bought and sold shares of the company. Securian Asset Management Inc. bought a new position in shares of Entegris during the 1st quarter worth $1,000,000. Signaturefd LLC lifted its holdings in Entegris by 19.0% during the first quarter. Signaturefd LLC now owns 1,776 shares of the semiconductor company’s stock valued at $155,000 after purchasing an additional 283 shares during the last quarter. Larson Financial Group LLC boosted its position in Entegris by 4,920.0% during the first quarter. Larson Financial Group LLC now owns 753 shares of the semiconductor company’s stock worth $66,000 after purchasing an additional 738 shares during the period. Victory Capital Management Inc. increased its stake in shares of Entegris by 16.8% in the first quarter. Victory Capital Management Inc. now owns 72,368 shares of the semiconductor company’s stock worth $6,331,000 after purchasing an additional 10,396 shares in the last quarter. Finally, Transce3nd LLC raised its position in shares of Entegris by 22.4% in the first quarter. Transce3nd LLC now owns 2,297 shares of the semiconductor company’s stock valued at $201,000 after purchasing an additional 421 shares during the period.

Insider Activity at Entegris

In related news, SVP Joseph Colella sold 3,577 shares of the firm’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $88.41, for a total transaction of $316,242.57. Following the transaction, the senior vice president directly owned 34,364 shares of the company’s stock, valued at approximately $3,038,121.24. This trade represents a 9.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.61% of the company’s stock.

Entegris Trading Up 0.4%

Shares of Entegris stock opened at $84.04 on Thursday. The company has a debt-to-equity ratio of 1.04, a current ratio of 3.30 and a quick ratio of 1.95. Entegris, Inc. has a 1 year low of $60.75 and a 1 year high of $112.36. The firm has a market cap of $12.74 billion, a PE ratio of 43.32 and a beta of 1.39. The company has a 50 day simple moving average of $90.34 and a two-hundred day simple moving average of $83.84.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Wednesday, July 6th. The semiconductor company reported $0.70 earnings per share for the quarter. Entegris had a net margin of 9.17% and a return on equity of 12.05%. The firm had revenue of $512.84 million for the quarter. Analysts expect that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 19th. Stockholders of record on Wednesday, October 29th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Wednesday, October 29th. Entegris’s dividend payout ratio is presently 21.16%.

Wall Street Analyst Weigh In

Several research analysts recently commented on ENTG shares. Oppenheimer started coverage on shares of Entegris in a report on Thursday, September 4th. They issued a “market perform” rating and a $95.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Entegris in a report on Wednesday, October 8th. UBS Group decreased their price objective on Entegris from $95.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, July 31st. Wall Street Zen raised Entegris from a “sell” rating to a “hold” rating in a report on Friday, October 3rd. Finally, Mizuho lifted their target price on Entegris from $100.00 to $108.00 and gave the company an “outperform” rating in a report on Friday, October 3rd. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Entegris has a consensus rating of “Hold” and a consensus price target of $97.57.

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).