CenterBook Partners LP Has $5.77 Million Holdings in Entegris, Inc. $ENTG

CenterBook Partners LP increased its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 113.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 71,559 shares of the semiconductor company’s stock after purchasing an additional 38,106 shares during the quarter. CenterBook Partners LP’s holdings in Entegris were worth $5,771,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in ENTG. Mackenzie Financial Corp increased its position in Entegris by 61.4% during the first quarter. Mackenzie Financial Corp now owns 8,891 shares of the semiconductor company’s stock worth $778,000 after buying an additional 3,382 shares during the last quarter. Ground Swell Capital LLC acquired a new stake in shares of Entegris in the first quarter valued at approximately $330,000. Cresset Asset Management LLC increased its holdings in shares of Entegris by 20.6% during the 1st quarter. Cresset Asset Management LLC now owns 161,662 shares of the semiconductor company’s stock worth $14,142,000 after acquiring an additional 27,651 shares during the last quarter. Inspire Investing LLC increased its holdings in shares of Entegris by 18.5% during the 1st quarter. Inspire Investing LLC now owns 19,227 shares of the semiconductor company’s stock worth $1,682,000 after acquiring an additional 2,998 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Entegris by 40.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,759,296 shares of the semiconductor company’s stock valued at $241,383,000 after acquiring an additional 794,222 shares during the period.

Analyst Ratings Changes

ENTG has been the topic of several research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a report on Thursday, November 13th. KeyCorp reaffirmed an “overweight” rating and set a $103.00 target price (down previously from $112.00) on shares of Entegris in a report on Thursday, July 31st. Mizuho decreased their price target on shares of Entegris from $108.00 to $96.00 and set an “outperform” rating on the stock in a research note on Thursday. Wall Street Zen raised shares of Entegris from a “sell” rating to a “hold” rating in a report on Friday, October 3rd. Finally, Zacks Research cut Entegris from a “hold” rating to a “strong sell” rating in a report on Monday, November 3rd. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $95.86.

Entegris Price Performance

NASDAQ:ENTG opened at $73.66 on Friday. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $112.36. The firm has a market cap of $11.17 billion, a price-to-earnings ratio of 37.97 and a beta of 1.39. The firm’s 50-day simple moving average is $89.30 and its 200 day simple moving average is $83.53. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.95 and a current ratio of 3.30.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Wednesday, July 6th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter. Entegris had a net margin of 9.17% and a return on equity of 12.05%. The firm had revenue of $512.84 million during the quarter. As a group, sell-side analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 19th. Shareholders of record on Wednesday, October 29th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Wednesday, October 29th. Entegris’s dividend payout ratio (DPR) is 21.16%.

Insider Buying and Selling at Entegris

In other news, SVP Olivier Blachier sold 488 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $77.43, for a total transaction of $37,785.84. Following the completion of the sale, the senior vice president directly owned 14,124 shares in the company, valued at approximately $1,093,621.32. This represents a 3.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Joseph Colella sold 3,577 shares of the stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $88.41, for a total value of $316,242.57. Following the sale, the senior vice president directly owned 34,364 shares in the company, valued at approximately $3,038,121.24. This trade represents a 9.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.67% of the stock is owned by insiders.

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).