TD Asset Management Inc cut its position in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) by 11.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 246,240 shares of the semiconductor company’s stock after selling 31,701 shares during the quarter. TD Asset Management Inc’s holdings in Entegris were worth $20,746,000 as of its most recent filing with the SEC.
Several other hedge funds also recently modified their holdings of ENTG. Vanguard Group Inc. boosted its stake in shares of Entegris by 2.8% during the 3rd quarter. Vanguard Group Inc. now owns 16,017,716 shares of the semiconductor company’s stock worth $1,480,998,000 after acquiring an additional 443,518 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of Entegris by 5.8% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,457,925 shares of the semiconductor company’s stock worth $689,560,000 after acquiring an additional 412,121 shares in the last quarter. Capital Research Global Investors bought a new stake in shares of Entegris during the 3rd quarter worth $644,841,000. State Street Corp boosted its stake in shares of Entegris by 1.2% during the 3rd quarter. State Street Corp now owns 5,090,627 shares of the semiconductor company’s stock worth $470,679,000 after acquiring an additional 62,619 shares in the last quarter. Finally, Durable Capital Partners LP boosted its stake in shares of Entegris by 23.2% during the 3rd quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock worth $348,115,000 after acquiring an additional 709,121 shares in the last quarter.
Entegris Stock Performance
Shares of Entegris stock opened at $125.41 on Monday. The stock has a market cap of $19.13 billion, a PE ratio of 72.49, a price-to-earnings-growth ratio of 1.56 and a beta of 1.37. The business has a fifty day simple moving average of $136.25 and a 200-day simple moving average of $116.66. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $159.15.
Entegris Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s dividend payout ratio (DPR) is 23.12%.
Insiders Place Their Bets
In other news, SVP Joseph Colella sold 6,326 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $140.17, for a total value of $886,715.42. Following the completion of the sale, the senior vice president owned 50,121 shares of the company’s stock, valued at $7,025,460.57. This trade represents a 11.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Susan G. Rice sold 19,893 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $132.84, for a total value of $2,642,586.12. Following the completion of the sale, the senior vice president directly owned 69,038 shares of the company’s stock, valued at approximately $9,171,007.92. This trade represents a 22.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 107,867 shares of company stock valued at $15,215,629 over the last quarter. 0.53% of the stock is owned by insiders.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the company. BMO Capital Markets reissued an “outperform” rating and set a $148.00 price objective on shares of Entegris in a research note on Wednesday, February 11th. Weiss Ratings raised Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. UBS Group raised their price objective on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Zacks Research lowered Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Finally, The Goldman Sachs Group reissued a “sell” rating and set a $115.00 price objective on shares of Entegris in a research note on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $154.33.
Read Our Latest Research Report on ENTG
Entegris Profile
Entegris, Inc is a leading provider of advanced materials and process control solutions for the semiconductor and other high-technology industries. The company develops and supplies a broad portfolio of products designed to ensure purity and reliability throughout the manufacturing process, helping customers address critical contamination and yield challenges.
Entegris’s product offerings include high-purity chemicals and specialty materials, liquid and gas filtration and purification systems, and sophisticated wafer and chip handling solutions.
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