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

Ellevest Inc. cut its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 10.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,392 shares of the semiconductor company’s stock after selling 941 shares during the period. Ellevest Inc.’s holdings in Entegris were worth $831,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ENTG. Barclays PLC raised its stake in shares of Entegris by 44.2% during the third quarter. Barclays PLC now owns 963,157 shares of the semiconductor company’s stock worth $108,383,000 after purchasing an additional 295,358 shares during the last quarter. Principal Financial Group Inc. lifted its position in Entegris by 130.8% in the third quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company’s stock valued at $155,287,000 after purchasing an additional 781,955 shares during the period. Nordea Investment Management AB boosted its holdings in Entegris by 8.2% in the 4th quarter. Nordea Investment Management AB now owns 11,982 shares of the semiconductor company’s stock valued at $1,188,000 after purchasing an additional 910 shares in the last quarter. Diversified Trust Co increased its position in Entegris by 11.0% during the 4th quarter. Diversified Trust Co now owns 6,858 shares of the semiconductor company’s stock worth $679,000 after purchasing an additional 682 shares during the period. Finally, First Hawaiian Bank raised its stake in shares of Entegris by 28.4% during the 4th quarter. First Hawaiian Bank now owns 15,643 shares of the semiconductor company’s stock worth $1,550,000 after buying an additional 3,463 shares in the last quarter.

Insider Transactions at Entegris

In other Entegris news, SVP Clinton M. Haris sold 12,652 shares of the firm’s stock in a transaction dated 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 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 sale 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 company’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the transaction, the senior vice president now directly owns 10,903 shares of the company’s stock, valued at approximately $1,177,524. This represents a 8.28 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on ENTG shares. KeyCorp decreased their price target on Entegris from $130.00 to $117.00 and set an “overweight” rating on the stock in a research note on Thursday. StockNews.com cut shares of Entegris from a “hold” rating to a “sell” rating in a research note on Saturday, April 19th. Citigroup reduced their price objective on shares of Entegris from $125.00 to $102.00 and set a “buy” rating for the company in a research note on Thursday. Needham & Company LLC dropped their target price on shares of Entegris from $120.00 to $100.00 and set a “buy” rating for the company in a report on Thursday. Finally, UBS Group lowered their price target on Entegris from $90.00 to $85.00 and set a “neutral” rating on the stock in a report on Thursday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $113.00.

Entegris Stock Down 0.9 %

Shares of NASDAQ:ENTG opened at $76.36 on Friday. 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 company has a market capitalization of $11.55 billion, a P/E ratio of 39.56, a P/E/G ratio of 1.50 and a beta of 1.33. Entegris, Inc. has a 52-week low of $60.75 and a 52-week high of $147.57. The stock’s fifty day simple moving average is $83.04 and its 200-day simple moving average is $96.64.

Entegris (NASDAQ:ENTG) last released its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.02). The firm had revenue of $773.20 million for the quarter, compared to analyst estimates of $790.75 million. Entegris had a return on equity of 12.83% and a net margin of 9.03%. Entegris’s revenue for the quarter was up .3% on a year-over-year basis. During the same period in the prior year, the business earned $0.68 earnings per share. As a group, equities research analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Announces Dividend

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 paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend is Wednesday, April 30th. Entegris’s dividend payout ratio is presently 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).