F M Investments LLC Invests $285,000 in Entegris, Inc. (NASDAQ:ENTG)

F M Investments LLC bought a new stake in Entegris, Inc. (NASDAQ:ENTG) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,882 shares of the semiconductor company’s stock, valued at approximately $285,000.

A number of other institutional investors have also added to or reduced their stakes in ENTG. Synovus Financial Corp raised its holdings in Entegris by 102.3% in the 3rd quarter. Synovus Financial Corp now owns 38,253 shares of the semiconductor company’s stock valued at $4,305,000 after acquiring an additional 19,340 shares in the last quarter. Swedbank AB raised its stake in shares of Entegris by 47.7% in the fourth quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company’s stock valued at $153,636,000 after purchasing an additional 500,581 shares in the last quarter. Argent Capital Management LLC lifted its position in Entegris by 9.9% in the fourth quarter. Argent Capital Management LLC now owns 31,066 shares of the semiconductor company’s stock worth $3,077,000 after purchasing an additional 2,793 shares during the period. National Bank of Canada FI lifted its position in Entegris by 66,855.0% in the fourth quarter. National Bank of Canada FI now owns 490,780 shares of the semiconductor company’s stock worth $48,617,000 after purchasing an additional 490,047 shares during the period. Finally, Assenagon Asset Management S.A. boosted its stake in Entegris by 14.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,060,378 shares of the semiconductor company’s stock worth $105,041,000 after buying an additional 137,046 shares in the last quarter.

Insider Buying and Selling at Entegris

In other news, SVP Clinton M. Haris sold 12,652 shares of Entegris 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 directly owns 34,820 shares of the company’s stock, valued at approximately $3,722,954.40. This trade represents a 26.65 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 value of $106,272.00. Following the sale, the senior vice president now owns 10,903 shares of the company’s stock, valued at approximately $1,177,524. The trade was a 8.28 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company’s stock.

Entegris Stock Up 1.2 %

Shares of ENTG opened at $69.72 on Friday. The company has a market capitalization of $10.55 billion, a P/E ratio of 36.12, a PEG ratio of 1.50 and a beta of 1.36. Entegris, Inc. has a one year low of $60.75 and a one year high of $147.57. The business’s 50 day simple moving average is $94.48 and its 200-day simple moving average is $101.13. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. As a group, sell-side analysts predict that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date of this dividend was Wednesday, January 29th. Entegris’s dividend payout ratio is currently 20.73%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Needham & Company LLC restated a “buy” rating and issued a $120.00 price objective on shares of Entegris in a research note on Friday, February 7th. StockNews.com lowered shares of Entegris from a “hold” rating to a “sell” rating in a research report on Friday. Mizuho decreased their price objective on Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Finally, KeyCorp lowered their price objective on Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $124.88.

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).