Snowden Capital Advisors LLC Sells 181 Shares of Entegris, Inc. (NASDAQ:ENTG)

Snowden Capital Advisors LLC cut its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 1.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,490 shares of the semiconductor company’s stock after selling 181 shares during the period. Snowden Capital Advisors LLC’s holdings in Entegris were worth $1,138,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of ENTG. Barclays PLC lifted its position in shares of Entegris by 44.2% during the 3rd quarter. Barclays PLC now owns 963,157 shares of the semiconductor company’s stock worth $108,383,000 after buying an additional 295,358 shares during the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of Entegris by 10.1% in the fourth quarter. Arkadios Wealth Advisors now owns 2,083 shares of the semiconductor company’s stock worth $206,000 after acquiring an additional 191 shares during the last quarter. Diversify Wealth Management LLC boosted its stake in shares of Entegris by 32.2% in the 4th quarter. Diversify Wealth Management LLC now owns 6,516 shares of the semiconductor company’s stock valued at $645,000 after purchasing an additional 1,586 shares in the last quarter. Guinness Asset Management LTD grew its holdings in shares of Entegris by 24.6% during the 4th quarter. Guinness Asset Management LTD now owns 5,079 shares of the semiconductor company’s stock valued at $503,000 after purchasing an additional 1,002 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in shares of Entegris by 8.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 11,159 shares of the semiconductor company’s stock valued at $1,105,000 after purchasing an additional 868 shares during the last quarter.

Wall Street Analyst Weigh In

A number of analysts have weighed in on ENTG shares. UBS Group decreased their target price 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. KeyCorp reduced their price objective on Entegris from $130.00 to $117.00 and set an “overweight” rating on the stock in a research report on Thursday, May 8th. Needham & Company LLC dropped their target price on Entegris from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday, May 8th. StockNews.com lowered Entegris from a “hold” rating to a “sell” rating in a research note on Saturday, April 19th. Finally, Citigroup lowered their price objective on Entegris from $125.00 to $102.00 and set a “buy” rating for the company in a research note on Thursday, May 8th. 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $113.00.

Insider Activity at Entegris

In other Entegris news, SVP Olivier Blachier sold 984 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $108.00, for a total value 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. The trade was a 8.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.67% of the stock is owned by company insiders.

Entegris Price Performance

Shares of ENTG opened at $78.24 on Monday. The business has a 50-day moving average of $81.18 and a 200-day moving average of $95.66. 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 capitalization of $11.85 billion, a price-to-earnings ratio of 40.54, a price-to-earnings-growth ratio of 1.50 and a beta of 1.33. Entegris, Inc. has a 1 year low of $60.75 and a 1 year high of $147.57.

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). Entegris had a return on equity of 12.83% and a net margin of 9.03%. The firm had revenue of $773.20 million for the quarter, compared to the consensus estimate of $790.75 million. During the same quarter in the previous year, the business posted $0.68 EPS. The firm’s revenue for the quarter was up .3% compared to the same quarter last year. As a group, equities research analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The company 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 is Wednesday, April 30th. This represents a $0.40 annualized dividend and a yield of 0.51%. Entegris’s payout ratio is 19.61%.

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).