Entegris, Inc. (NASDAQ:ENTG) is Snyder Capital Management L P's 3rd Largest Position

Snyder Capital Management L P lifted its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 11.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,027,672 shares of the semiconductor company's stock after purchasing an additional 214,189 shares during the quarter. Entegris comprises 4.2% of Snyder Capital Management L P's portfolio, making the stock its 3rd biggest holding. Snyder Capital Management L P owned about 1.34% of Entegris worth $200,861,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Synovus Financial Corp boosted its holdings in Entegris by 102.3% during the 3rd quarter. Synovus Financial Corp now owns 38,253 shares of the semiconductor company's stock valued at $4,305,000 after acquiring an additional 19,340 shares during the period. Swedbank AB boosted its holdings in Entegris by 47.7% during the 4th quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company's stock valued at $153,636,000 after acquiring an additional 500,581 shares during the period. National Bank of Canada FI boosted its holdings in Entegris by 66,855.0% during the 4th quarter. National Bank of Canada FI now owns 490,780 shares of the semiconductor company's stock valued at $48,617,000 after acquiring an additional 490,047 shares during the period. Argent Capital Management LLC boosted its holdings in Entegris by 9.9% during the 4th quarter. Argent Capital Management LLC now owns 31,066 shares of the semiconductor company's stock valued at $3,077,000 after acquiring an additional 2,793 shares during the period. Finally, Assenagon Asset Management S.A. boosted its holdings in Entegris by 14.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,060,378 shares of the semiconductor company's stock valued at $105,041,000 after acquiring an additional 137,046 shares during the period.

Analyst Ratings Changes

A number of research firms recently issued reports on ENTG. Needham & Company LLC restated a "buy" rating and set a $120.00 price objective on shares of Entegris in a report on Friday, February 7th. StockNews.com cut Entegris from a "hold" rating to a "sell" rating in a report on Saturday, April 19th. Mizuho lowered their target price on Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a report on Tuesday, January 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. Finally, UBS Group reduced their price target on Entegris from $115.00 to $90.00 and set a "neutral" rating for the company in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $120.38.

Entegris Stock Down 1.9 %

NASDAQ:ENTG traded down $1.52 during mid-day trading on Wednesday, hitting $77.07. 377,969 shares of the company's stock traded hands, compared to its average volume of 2,326,445. The company has a fifty day moving average of $86.33 and a 200 day moving average of $97.94. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $147.57. The company has a market capitalization of $11.66 billion, a P/E ratio of 39.93, 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 quick ratio of 1.86 and a current ratio of 3.08.

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

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Wednesday, April 30th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend is Wednesday, April 30th. Entegris's dividend payout ratio (DPR) is 20.73%.

Insider Activity

In other Entegris news, SVP Clinton M. Haris sold 12,652 shares of the company's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the completion of the transaction, the senior vice president now directly owns 34,820 shares in the company, valued at approximately $3,722,954.40. This represents a 26.65 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, 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 transaction of $106,272.00. Following the transaction, the senior vice president now owns 10,903 shares of the company's stock, valued at $1,177,524. This represents a 8.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company's stock.

About Entegris

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).