Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Mariner LLC

Mariner LLC reduced its holdings in Entegris, Inc. (NASDAQ:ENTG) by 10.7% during the 4th quarter, Holdings Channel reports. The firm owned 33,960 shares of the semiconductor company’s stock after selling 4,080 shares during the quarter. Mariner LLC’s holdings in Entegris were worth $3,364,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in ENTG. Fortitude Family Office LLC increased its position in shares of Entegris by 195.7% during the fourth quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 274 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Entegris in the fourth quarter valued at approximately $42,000. Eagle Bay Advisors LLC increased its holdings in shares of Entegris by 4,375.0% in the fourth quarter. Eagle Bay Advisors LLC now owns 716 shares of the semiconductor company’s stock valued at $71,000 after purchasing an additional 700 shares during the last quarter. Promus Capital LLC purchased a new position in Entegris during the fourth quarter worth approximately $71,000. Finally, Smartleaf Asset Management LLC grew its holdings in Entegris by 27.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company’s stock valued at $73,000 after buying an additional 158 shares in the last quarter.

Wall Street Analysts Forecast Growth

ENTG has been the topic of several recent research reports. KeyCorp lowered their price target on shares of Entegris from $141.00 to $130.00 and set an “overweight” rating on the stock in a research report on Monday, April 14th. Mizuho dropped their price target 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. StockNews.com cut Entegris from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Needham & Company LLC reissued a “buy” rating and set a $120.00 target price on shares of Entegris in a research note on Friday, February 7th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $123.50.

Entegris Stock Down 1.8 %

NASDAQ:ENTG opened at $67.52 on Tuesday. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $147.57. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08. The stock’s fifty day moving average is $90.03 and its two-hundred day moving average is $99.23. The stock has a market capitalization of $10.22 billion, a price-to-earnings ratio of 34.98, a price-to-earnings-growth ratio of 1.50 and a beta of 1.36.

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

Entegris Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th will be given a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $0.40 annualized dividend and a yield of 0.59%. Entegris’s dividend payout ratio is presently 20.73%.

Insider Transactions at Entegris

In related news, SVP Clinton M. Haris sold 12,652 shares of the company’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 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. This represents a 26.65 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Olivier Blachier sold 984 shares of Entegris stock in a transaction that occurred 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 transaction, the senior vice president now owns 10,903 shares of the company’s stock, valued at $1,177,524. This represents 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 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).