Entegris, Inc. (NASDAQ:ENTG) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG grew its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 434.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,470,162 shares of the semiconductor company's stock after acquiring an additional 1,194,903 shares during the period. Deutsche Bank AG owned about 0.97% of Entegris worth $145,634,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Norges Bank bought a new position in shares of Entegris during the fourth quarter valued at approximately $445,988,000. Price T Rowe Associates Inc. MD grew its stake in Entegris by 33.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 11,194,612 shares of the semiconductor company's stock worth $1,108,940,000 after purchasing an additional 2,826,463 shares in the last quarter. D1 Capital Partners L.P. lifted its holdings in Entegris by 329.4% during the fourth quarter. D1 Capital Partners L.P. now owns 2,752,902 shares of the semiconductor company's stock worth $272,702,000 after buying an additional 2,111,801 shares during the period. Raymond James Financial Inc. purchased a new stake in Entegris during the fourth quarter worth $91,869,000. Finally, James Hambro & Partners LLP purchased a new stake in Entegris during the fourth quarter worth $72,845,000.

Insider Activity at Entegris

In other Entegris news, SVP Olivier Blachier sold 984 shares of the firm's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the completion of the transaction, the senior vice president now directly owns 10,903 shares of the company's stock, 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 Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.67% of the company's stock.

Entegris Trading Up 0.9%

Shares of ENTG stock traded up $0.75 during trading on Tuesday, hitting $83.14. 4,035,533 shares of the stock traded hands, compared to its average volume of 2,447,859. Entegris, Inc. has a 52-week low of $60.75 and a 52-week high of $147.57. 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 firm's fifty day moving average price is $82.30 and its 200-day moving average price is $96.30. The firm has a market capitalization of $12.59 billion, a P/E ratio of 43.08, a price-to-earnings-growth ratio of 1.50 and a beta of 1.33.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its earnings results on Wednesday, May 7th. The semiconductor company reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.69 by ($0.02). The company had revenue of $773.20 million during the quarter, compared to analyst estimates of $790.75 million. Entegris had a net margin of 9.03% and a return on equity of 12.83%. The firm's revenue for the quarter was up .3% on a year-over-year basis. During the same quarter last year, the business posted $0.68 EPS. As a group, research analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Wednesday, April 30th will be given a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.48%. Entegris's dividend payout ratio is presently 19.61%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ENTG. Citigroup decreased their price objective on Entegris from $125.00 to $102.00 and set a "buy" rating for the company in a report on Thursday, May 8th. Needham & Company LLC lowered their price objective on Entegris from $120.00 to $100.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. UBS Group lowered their price objective on Entegris from $90.00 to $85.00 and set a "neutral" rating on the stock in a report on Thursday, May 8th. StockNews.com cut Entegris from a "hold" rating to a "sell" rating in a report on Saturday, April 19th. Finally, KeyCorp decreased their target price on shares of Entegris from $130.00 to $117.00 and set an "overweight" rating on the stock in a research note on Thursday, May 8th. One investment 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. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target 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).