XTX Topco Ltd Purchases Shares of 38,854 Entegris, Inc. $ENTG

XTX Topco Ltd purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) in the second quarter, Holdings Channel.com reports. The firm purchased 38,854 shares of the semiconductor company’s stock, valued at approximately $3,134,000.

Other institutional investors have also recently made changes to their positions in the company. DAVENPORT & Co LLC grew its position in Entegris by 1.3% during the second quarter. DAVENPORT & Co LLC now owns 8,450 shares of the semiconductor company’s stock worth $681,000 after buying an additional 110 shares in the last quarter. Alpine Bank Wealth Management grew its holdings in shares of Entegris by 73.7% during the second quarter. Alpine Bank Wealth Management now owns 311 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 132 shares in the last quarter. MAI Capital Management increased its position in shares of Entegris by 19.7% in the first quarter. MAI Capital Management now owns 864 shares of the semiconductor company’s stock worth $76,000 after purchasing an additional 142 shares during the last quarter. First Hawaiian Bank increased its position in shares of Entegris by 0.9% in the first quarter. First Hawaiian Bank now owns 15,786 shares of the semiconductor company’s stock worth $1,381,000 after purchasing an additional 143 shares during the last quarter. Finally, Landscape Capital Management L.L.C. raised its stake in Entegris by 7.5% in the first quarter. Landscape Capital Management L.L.C. now owns 2,345 shares of the semiconductor company’s stock valued at $205,000 after purchasing an additional 164 shares in the last quarter.

Insider Buying and Selling

In other Entegris news, SVP Joseph Colella sold 3,577 shares of Entegris stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $88.41, for a total transaction of $316,242.57. Following the completion of the transaction, the senior vice president owned 34,364 shares in the company, valued at approximately $3,038,121.24. The trade was a 9.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Olivier Blachier sold 488 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $77.43, for a total value of $37,785.84. Following the completion of the sale, the senior vice president directly owned 14,124 shares in the company, valued at approximately $1,093,621.32. This represents a 3.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.67% of the stock is owned by company insiders.

Entegris Stock Down 0.4%

NASDAQ:ENTG opened at $73.72 on Wednesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 3.30 and a quick ratio of 1.95. The firm’s 50-day moving average price is $88.60 and its 200-day moving average price is $83.53. The company has a market capitalization of $11.18 billion, a PE ratio of 38.00 and a beta of 1.39. Entegris, Inc. has a 1-year low of $60.75 and a 1-year high of $112.36.

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

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 19th. Investors of record on Wednesday, October 29th were paid a $0.10 dividend. The ex-dividend date was Wednesday, October 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.5%. Entegris’s dividend payout ratio is presently 21.16%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. UBS Group cut their price target on shares of Entegris from $95.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, July 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research report on Thursday, November 13th. Oppenheimer assumed coverage on Entegris in a research note on Thursday, September 4th. They issued a “market perform” rating and a $95.00 target price on the stock. Mizuho dropped their price target on Entegris from $108.00 to $96.00 and set an “outperform” rating for the company in a research note on Thursday, November 20th. Finally, KeyCorp reiterated an “overweight” rating and set a $103.00 price objective (down from $112.00) on shares of Entegris in a research report on Thursday, July 31st. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $95.86.

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).