Captrust Financial Advisors Grows Holdings in Entegris, Inc. (NASDAQ:ENTG)

Captrust Financial Advisors raised its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 16.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,399 shares of the semiconductor company's stock after acquiring an additional 3,156 shares during the quarter. Captrust Financial Advisors' holdings in Entegris were worth $2,219,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Quarry LP purchased a new stake in shares of Entegris during the 4th quarter valued at approximately $28,000. Proficio Capital Partners LLC purchased a new stake in shares of Entegris during the 4th quarter valued at approximately $42,000. Parvin Asset Management LLC purchased a new stake in shares of Entegris during the 4th quarter valued at approximately $69,000. Eagle Bay Advisors LLC lifted its stake in Entegris by 4,375.0% in the 4th quarter. Eagle Bay Advisors LLC now owns 716 shares of the semiconductor company's stock worth $71,000 after purchasing an additional 700 shares in the last quarter. Finally, Promus Capital LLC purchased a new stake in Entegris in the 4th quarter worth approximately $71,000.

Analysts Set New Price Targets

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

Entegris Stock Performance

Shares of ENTG opened at $82.39 on Tuesday. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08. The business's 50 day moving average price is $82.64 and its 200-day moving average price is $96.39. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $147.57. The stock has a market cap of $12.47 billion, a P/E ratio of 42.69, a P/E/G ratio of 1.50 and a beta of 1.33.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly 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). Entegris had a return on equity of 12.83% and a net margin of 9.03%. The company had revenue of $773.20 million during the quarter, compared to the consensus estimate of $790.75 million. During the same period in the prior year, the firm earned $0.68 earnings per share. The business's revenue for the quarter was up .3% compared to the same quarter last year. Equities research analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, April 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.49%. Entegris's dividend payout ratio is presently 19.61%.

Insider Buying and Selling at Entegris

In other news, SVP Olivier Blachier sold 984 shares of the company's stock in a transaction 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 completion of the sale, the senior vice president now directly owns 10,903 shares in the company, valued at $1,177,524. This represents a 8.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.67% of the company's stock.

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).

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