Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. decreased its stake in Entegris, Inc. (NASDAQ:ENTG) by 12.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,423 shares of the semiconductor company’s stock after selling 2,524 shares during the period. Avantax Advisory Services Inc.’s holdings in Entegris were worth $1,726,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ENTG. Mountaineer Partners Management LLC increased its position in Entegris by 16,255.1% in the third quarter. Mountaineer Partners Management LLC now owns 11,044,594 shares of the semiconductor company’s stock worth $1,242,848,000 after buying an additional 10,977,064 shares during the period. Cantillon Capital Management LLC grew its position in shares of Entegris by 12.6% during the fourth quarter. Cantillon Capital Management LLC now owns 2,616,354 shares of the semiconductor company’s stock worth $259,176,000 after acquiring an additional 291,893 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Entegris by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 2,537,948 shares of the semiconductor company’s stock worth $284,941,000 after acquiring an additional 49,846 shares during the period. Swedbank AB increased its holdings in shares of Entegris by 47.7% in the 4th quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company’s stock worth $153,636,000 after acquiring an additional 500,581 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in Entegris by 0.9% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,503,656 shares of the semiconductor company’s stock valued at $169,206,000 after purchasing an additional 12,913 shares during the period.

Entegris Trading Up 2.5 %

Shares of Entegris stock opened at $100.80 on Tuesday. The business has a fifty day simple moving average of $102.31 and a 200-day simple moving average of $105.05. Entegris, Inc. has a fifty-two week low of $92.84 and a fifty-two week high of $147.57. The firm has a market cap of $15.23 billion, a price-to-earnings ratio of 52.23, a price-to-earnings-growth ratio of 1.50 and a beta of 1.32. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.07. Entegris had a net margin of 9.03% and a return on equity of 12.83%. On average, equities analysts forecast that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

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

Analysts Set New Price Targets

ENTG has been the topic of several analyst reports. Mizuho dropped their price target on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. StockNews.com upgraded Entegris from a “sell” rating to a “hold” rating in a research report on Thursday, March 13th. KeyCorp reduced their price target on Entegris from $150.00 to $141.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Finally, Needham & Company LLC reissued a “buy” rating and set a $120.00 price target on shares of Entegris in a report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $124.88.

Insider Buying and Selling at Entegris

In other news, SVP Olivier Blachier sold 984 shares of the business’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $108.00, for a total transaction of $106,272.00. Following the sale, the senior vice president now directly owns 10,903 shares of the company’s stock, valued at $1,177,524. The trade was a 8.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Clinton M. Haris sold 12,652 shares of the company’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $106.92, for a total value of $1,352,751.84. Following the sale, the senior vice president now directly owns 34,820 shares of the company’s stock, valued at approximately $3,722,954.40. This represents a 26.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is owned by corporate insiders.

About Entegris

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).