Ensign Peak Advisors Inc Purchases 150 Shares of Entegris, Inc. (NASDAQ:ENTG)

Ensign Peak Advisors Inc boosted its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 0.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 53,230 shares of the semiconductor company’s stock after acquiring an additional 150 shares during the quarter. Ensign Peak Advisors Inc’s holdings in Entegris were worth $5,273,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in ENTG. Swedbank AB boosted its position in Entegris by 47.7% in the 4th quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company’s stock valued at $153,636,000 after buying an additional 500,581 shares during the period. National Bank of Canada FI boosted its position in Entegris by 66,855.0% in the 4th quarter. National Bank of Canada FI now owns 490,780 shares of the semiconductor company’s stock valued at $48,617,000 after buying an additional 490,047 shares during the period. Argent Capital Management LLC boosted its position in Entegris by 9.9% in the 4th quarter. Argent Capital Management LLC now owns 31,066 shares of the semiconductor company’s stock valued at $3,077,000 after buying an additional 2,793 shares during the period. Assenagon Asset Management S.A. boosted its position in Entegris by 14.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,060,378 shares of the semiconductor company’s stock valued at $105,041,000 after buying an additional 137,046 shares during the period. Finally, Callan Family Office LLC purchased a new stake in Entegris in the 4th quarter valued at about $308,000.

Analyst Ratings Changes

Several brokerages have recently weighed in on ENTG. Needham & Company LLC lowered their price target on shares of Entegris from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday, May 8th. Citigroup cut their price target on shares of Entegris from $125.00 to $102.00 and set a “buy” rating on the stock in a research note on Thursday, May 8th. UBS Group cut their price objective on shares of Entegris from $90.00 to $85.00 and set a “neutral” rating on the stock in a research note on Thursday, May 8th. StockNews.com downgraded shares of Entegris from a “hold” rating to a “sell” rating in a report on Saturday, April 19th. Finally, KeyCorp lowered their price target on shares of Entegris from $130.00 to $117.00 and set an “overweight” rating on the stock in a report on Thursday, May 8th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $113.00.

Entegris Price Performance

Shares of ENTG stock opened at $83.14 on Wednesday. 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 firm’s 50-day moving average is $82.30 and its two-hundred day moving average is $96.30. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $147.57. The company has a market capitalization of $12.59 billion, a PE ratio of 43.08, a price-to-earnings-growth ratio of 1.50 and a beta of 1.33.

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 analysts’ consensus estimates of $0.69 by ($0.02). The company had revenue of $773.20 million during the quarter, compared to analysts’ expectations of $790.75 million. Entegris had a net margin of 9.03% and a return on equity of 12.83%. Entegris’s revenue was up .3% on a year-over-year basis. During the same period last year, the firm posted $0.68 earnings per share. Analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 21st. Shareholders 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 yield of 0.48%. The ex-dividend date is Wednesday, April 30th. Entegris’s dividend payout ratio (DPR) is presently 19.61%.

Insiders Place Their Bets

In related news, SVP Olivier Blachier sold 984 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the completion of the sale, the senior vice president now owns 10,903 shares in the company, valued at $1,177,524. This represents a 8.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.67% of the stock is currently owned by company insiders.

About Entegris

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).