Fiera Capital Corp Trims Position in Entegris, Inc. (NASDAQ:ENTG)

Fiera Capital Corp cut its holdings in Entegris, Inc. (NASDAQ:ENTG) by 2.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 541,697 shares of the semiconductor company’s stock after selling 13,588 shares during the period. Fiera Capital Corp owned 0.36% of Entegris worth $53,661,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Capital Performance Advisors LLP acquired a new position in Entegris in the third quarter valued at $29,000. Blue Trust Inc. boosted its stake in Entegris by 221.3% in the 3rd quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company’s stock worth $39,000 after buying an additional 239 shares during the last quarter. Fortitude Family Office LLC grew its holdings in Entegris by 195.7% in the 4th quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 274 shares during the period. Covestor Ltd lifted its holdings in shares of Entegris by 241.8% during the 3rd quarter. Covestor Ltd now owns 417 shares of the semiconductor company’s stock worth $47,000 after acquiring an additional 295 shares during the period. Finally, Huntington National Bank boosted its position in shares of Entegris by 41.0% in the third quarter. Huntington National Bank now owns 454 shares of the semiconductor company’s stock worth $51,000 after acquiring an additional 132 shares during the last quarter.

Entegris Stock Up 1.9 %

Shares of Entegris stock opened at $107.77 on Thursday. Entegris, Inc. has a 1-year low of $94.92 and a 1-year high of $147.57. The business’s fifty day moving average price is $103.21 and its two-hundred day moving average price is $106.60. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.92 and a quick ratio of 1.83. The company has a market capitalization of $16.27 billion, a P/E ratio of 55.84, a PEG ratio of 1.49 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last released its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.07. Entegris had a return on equity of 13.00% and a net margin of 9.03%. As a group, research analysts forecast that Entegris, Inc. will post 3.63 EPS for the current year.

Entegris Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th will be given a $0.10 dividend. The ex-dividend date is Wednesday, January 29th. This represents a $0.40 annualized dividend and a yield of 0.37%. Entegris’s dividend payout ratio (DPR) is 20.73%.

Insider Buying and Selling

In other news, SVP Clinton M. Haris sold 12,652 shares of the 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 sale, the senior vice president now owns 34,820 shares in the company, valued at $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 Securities & Exchange Commission, which is available at this link. Insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

ENTG has been the topic of several research reports. KeyCorp cut their target price on Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Citigroup decreased their price objective on shares of Entegris from $130.00 to $123.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. Needham & Company LLC reissued a “buy” rating and set a $120.00 price target on shares of Entegris in a research report on Friday, February 7th. BMO Capital Markets decreased their price target on Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. Finally, Mizuho lowered their target price on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Entegris presently has an average rating of “Moderate Buy” and a consensus target price of $130.60.

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).