1,876 Shares in Entegris, Inc. (NASDAQ:ENTG) Purchased by Transce3nd LLC

Transce3nd LLC acquired a new position in shares of Entegris, Inc. (NASDAQ:ENTG) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,876 shares of the semiconductor company’s stock, valued at approximately $188,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fortitude Family Office LLC lifted its position in Entegris by 195.7% in the fourth quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company’s stock worth $41,000 after buying an additional 274 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Entegris in the 4th quarter worth about $42,000. Eagle Bay Advisors LLC boosted its stake in shares of Entegris by 4,375.0% during the 4th quarter. Eagle Bay Advisors LLC now owns 716 shares of the semiconductor company’s stock worth $71,000 after purchasing an additional 700 shares during the period. Promus Capital LLC purchased a new position in Entegris during the 4th quarter worth $71,000. Finally, Smartleaf Asset Management LLC lifted its stake in Entegris by 27.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company’s stock worth $73,000 after acquiring an additional 158 shares during the period.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on ENTG shares. Mizuho dropped their target price on Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Needham & Company LLC reiterated a “buy” rating and issued a $120.00 target price on shares of Entegris in a research note on Friday, February 7th. KeyCorp cut their price target on shares of Entegris from $141.00 to $130.00 and set an “overweight” rating on the stock in a research note on Monday, April 14th. Finally, StockNews.com downgraded shares of Entegris from a “hold” rating to a “sell” rating in a research note on Saturday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $123.50.

Insider Activity at Entegris

In other Entegris news, SVP Olivier Blachier sold 984 shares of Entegris stock in a transaction on Friday, February 21st. The shares were sold at an average price of $108.00, for a total value of $106,272.00. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Clinton M. Haris sold 12,652 shares of the stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following 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 ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.67% of the company’s stock.

Entegris Stock Up 1.7 %

NASDAQ:ENTG opened at $68.73 on Monday. The firm has a market capitalization of $10.40 billion, a P/E ratio of 35.61, a PEG ratio of 1.50 and a beta of 1.36. The company’s fifty day moving average price is $90.83 and its 200-day moving average price is $99.55. Entegris, Inc. has a 1-year low of $60.75 and a 1-year high of $147.57. 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 announced its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, topping the consensus estimate 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, equities research analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Wednesday, April 30th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.58%. The ex-dividend date is Wednesday, April 30th. Entegris’s dividend payout ratio (DPR) is 20.73%.

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).