Entegris, Inc. (NASDAQ:ENTG) Shares Purchased by GTS Securities LLC

GTS Securities LLC lifted its stake in Entegris, Inc. (NASDAQ:ENTG) by 93.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 20,671 shares of the semiconductor company’s stock after acquiring an additional 10,009 shares during the quarter. GTS Securities LLC’s holdings in Entegris were worth $2,048,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Corient Private Wealth LLC lifted its holdings in Entegris by 1.1% during the 4th quarter. Corient Private Wealth LLC now owns 11,862 shares of the semiconductor company’s stock worth $1,175,000 after buying an additional 128 shares in the last quarter. Torray Investment Partners LLC lifted its holdings in Entegris by 0.9% during the 4th quarter. Torray Investment Partners LLC now owns 15,266 shares of the semiconductor company’s stock worth $1,512,000 after buying an additional 129 shares in the last quarter. Metis Global Partners LLC lifted its holdings in Entegris by 7.1% during the 4th quarter. Metis Global Partners LLC now owns 2,049 shares of the semiconductor company’s stock worth $203,000 after buying an additional 135 shares in the last quarter. HighPoint Advisor Group LLC lifted its holdings in Entegris by 4.3% during the 4th 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 lifted its holdings in Entegris by 6.3% during the 4th quarter. Sequoia Financial Advisors LLC now owns 2,482 shares of the semiconductor company’s stock worth $246,000 after buying an additional 147 shares in the last quarter.

Entegris Price Performance

Shares of ENTG opened at $72.34 on Friday. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $147.57. The firm’s fifty day simple moving average is $78.80 and its 200-day simple moving average is $94.74. The firm has a market capitalization of $10.95 billion, a price-to-earnings ratio of 37.48, a PEG ratio of 1.50 and a beta of 1.33. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08.

Entegris (NASDAQ:ENTG) last posted its earnings results on Wednesday, May 7th. The semiconductor company reported $0.67 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%. The company’s quarterly revenue was up .3% on a year-over-year basis. During the same period last year, the business earned $0.68 earnings per share. Equities analysts forecast that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Investors of record on Wednesday, April 30th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date of this dividend was Wednesday, April 30th. Entegris’s dividend payout ratio (DPR) is 19.61%.

Analyst Upgrades and Downgrades

ENTG has been the topic of a number of research reports. UBS Group reduced their target price on shares of Entegris from $90.00 to $85.00 and set a “neutral” rating on the stock in a report on Thursday, May 8th. Citigroup reduced their target price on shares of Entegris from $125.00 to $102.00 and set a “buy” rating on the stock in a report on Thursday, May 8th. Needham & Company LLC reiterated a “buy” rating and set a $100.00 target price on shares of Entegris in a report on Tuesday. KeyCorp reduced their target price 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. Finally, Wall Street Zen lowered shares of Entegris from a “hold” rating to a “sell” rating in a report on Saturday, April 19th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $113.00.

Entegris 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).