Entegris, Inc. (NASDAQ:ENTG) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG raised its position in Entegris, Inc. (NASDAQ:ENTG) by 434.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,470,162 shares of the semiconductor company’s stock after buying an additional 1,194,903 shares during the period. Deutsche Bank AG owned about 0.97% of Entegris worth $145,634,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Corient Private Wealth LLC raised its holdings in Entegris by 1.1% in the 4th quarter. Corient Private Wealth LLC now owns 11,862 shares of the semiconductor company’s stock valued at $1,175,000 after acquiring an additional 128 shares during the last quarter. Torray Investment Partners LLC grew its position in shares of Entegris by 0.9% in the fourth quarter. Torray Investment Partners LLC now owns 15,266 shares of the semiconductor company’s stock valued at $1,512,000 after purchasing an additional 129 shares in the last quarter. Metis Global Partners LLC increased its holdings in shares of Entegris by 7.1% in the fourth quarter. Metis Global Partners LLC now owns 2,049 shares of the semiconductor company’s stock valued at $203,000 after purchasing an additional 135 shares during the last quarter. HighPoint Advisor Group LLC lifted its position in Entegris by 4.3% during the fourth quarter. HighPoint Advisor Group LLC now owns 3,559 shares of the semiconductor company’s stock worth $376,000 after buying an additional 146 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its holdings in Entegris by 6.3% in the 4th quarter. Sequoia Financial Advisors LLC now owns 2,482 shares of the semiconductor company’s stock valued at $246,000 after buying an additional 147 shares in the last quarter.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In other news, SVP Olivier Blachier sold 984 shares of the firm’s 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 sale, the senior vice president now directly owns 10,903 shares in the company, valued at approximately $1,177,524. This trade represents a 8.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Clinton M. Haris sold 12,652 shares of the business’s stock in a transaction on 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 transaction, the senior vice president now owns 34,820 shares of the company’s stock, valued at approximately $3,722,954.40. The trade was a 26.65 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by company insiders.

Entegris Stock Performance

NASDAQ ENTG opened at $76.36 on Friday. 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 company has a market cap 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. The stock has a 50-day moving average of $83.04 and a two-hundred day moving average of $96.60. Entegris, Inc. has a 1-year low of $60.75 and a 1-year high of $147.57.

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

Entegris Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Investors of record on Wednesday, April 30th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.52%. Entegris’s dividend payout ratio (DPR) 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).