HighPoint Advisor Group LLC Has $376,000 Holdings in Entegris, Inc. (NASDAQ:ENTG)

HighPoint Advisor Group LLC boosted its holdings in Entegris, Inc. (NASDAQ:ENTG) by 4.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,559 shares of the semiconductor company’s stock after acquiring an additional 146 shares during the quarter. HighPoint Advisor Group LLC’s holdings in Entegris were worth $376,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Corient Private Wealth LLC lifted its holdings in shares of Entegris by 1.1% in the fourth quarter. Corient Private Wealth LLC now owns 11,862 shares of the semiconductor company’s stock valued at $1,175,000 after purchasing an additional 128 shares in the last quarter. Torray Investment Partners LLC lifted its stake in Entegris by 0.9% during the 4th quarter. Torray Investment Partners LLC now owns 15,266 shares of the semiconductor company’s stock valued at $1,512,000 after acquiring an additional 129 shares in the last quarter. Metis Global Partners LLC lifted its stake in Entegris by 7.1% during the 4th quarter. Metis Global Partners LLC now owns 2,049 shares of the semiconductor company’s stock valued at $203,000 after acquiring an additional 135 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in Entegris by 6.3% during the 4th quarter. Sequoia Financial Advisors LLC now owns 2,482 shares of the semiconductor company’s stock worth $246,000 after acquiring an additional 147 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in shares of Entegris by 27.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company’s stock worth $73,000 after acquiring an additional 158 shares in the last quarter.

Wall Street Analyst Weigh In

Several research firms recently weighed in on ENTG. KeyCorp cut their price target on shares of Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Needham & Company LLC restated a “buy” rating and issued a $120.00 target price on shares of Entegris in a research note on Friday, February 7th. Mizuho decreased their price target on Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Finally, StockNews.com cut Entegris from a “hold” rating to a “sell” rating in a research report on Monday, March 24th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $124.88.

Insider Activity at Entegris

In other news, SVP Clinton M. Haris sold 12,652 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the senior vice president now directly owns 34,820 shares in the company, valued at approximately $3,722,954.40. The trade was a 26.65 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 completion of the sale, the senior vice president now directly owns 10,903 shares of the company’s stock, valued at $1,177,524. This represents a 8.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by insiders.

Entegris Stock Down 0.4 %

Shares of NASDAQ ENTG opened at $85.82 on Thursday. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86. The stock has a market capitalization of $12.99 billion, a PE ratio of 44.47, a P/E/G ratio of 1.50 and a beta of 1.36. Entegris, Inc. has a one year low of $83.24 and a one year high of $147.57. The business’s fifty day moving average price is $100.13 and its 200-day moving average price is $103.70.

Entegris (NASDAQ:ENTG) last issued its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) 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 research analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.47%. The ex-dividend date was Wednesday, January 29th. Entegris’s dividend payout ratio (DPR) is 20.73%.

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).