Dimensional Fund Advisors LP Grows Position in Entegris, Inc. (NASDAQ:ENTG)

Dimensional Fund Advisors LP lifted its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 19.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 931,907 shares of the semiconductor company's stock after buying an additional 153,372 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.62% of Entegris worth $92,321,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Barclays PLC increased its stake in Entegris by 44.2% in the third quarter. Barclays PLC now owns 963,157 shares of the semiconductor company's stock worth $108,383,000 after purchasing an additional 295,358 shares during the period. Virtu Financial LLC purchased a new position in Entegris in the 3rd quarter worth about $782,000. Tidal Investments LLC lifted its holdings in Entegris by 119.2% during the 3rd quarter. Tidal Investments LLC now owns 42,780 shares of the semiconductor company's stock valued at $4,814,000 after buying an additional 23,262 shares in the last quarter. Synovus Financial Corp boosted its position in Entegris by 102.3% in the 3rd quarter. Synovus Financial Corp now owns 38,253 shares of the semiconductor company's stock valued at $4,305,000 after buying an additional 19,340 shares during the period. Finally, Oddo BHF Asset Management Sas bought a new position in Entegris in the 3rd quarter worth about $1,154,000.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Needham & Company LLC reiterated a "buy" rating and issued a $120.00 price target on shares of Entegris in a report on Friday, February 7th. KeyCorp lowered their target price on Entegris from $141.00 to $130.00 and set an "overweight" rating for the company in a report on Monday, April 14th. Mizuho cut their price target on Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. UBS Group lowered their price objective on shares of Entegris from $115.00 to $90.00 and set a "neutral" rating for the company in a research note on Tuesday. Finally, StockNews.com downgraded shares of Entegris from a "hold" rating to a "sell" rating in a research report on Saturday, April 19th. One equities 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's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $120.38.

Insider Buying and Selling at Entegris

In related news, SVP Olivier Blachier sold 984 shares of the firm'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 transaction, the senior vice president now owns 10,903 shares in the company, valued at $1,177,524. This trade represents a 8.28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Clinton M. Haris sold 12,652 shares of Entegris stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $106.92, for a total value of $1,352,751.84. Following the sale, the senior vice president now directly owns 34,820 shares of the company's stock, valued at approximately $3,722,954.40. This represents a 26.65 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by company insiders.

Entegris Stock Up 0.2 %

Shares of ENTG stock traded up $0.18 during mid-day trading on Thursday, hitting $79.30. 2,141,062 shares of the stock traded hands, compared to its average volume of 2,328,866. 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 $12.00 billion, a P/E ratio of 41.09, a P/E/G ratio of 1.50 and a beta of 1.36. 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 stock's fifty day moving average is $85.37 and its two-hundred day moving average is $97.59.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.07. Entegris had a net margin of 9.03% and a return on equity of 12.83%. Equities analysts predict that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Investors of record on Wednesday, April 30th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.50%. The ex-dividend date of this dividend is Wednesday, April 30th. Entegris's dividend payout ratio is currently 20.73%.

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).