Kentucky Retirement Systems purchased a new position in Entegris, Inc. (NASDAQ:ENTG - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,279 shares of the semiconductor company's stock, valued at approximately $899,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ENTG. Corient Private Wealth LLC grew its stake in shares of Entegris by 1.1% in the fourth quarter. Corient Private Wealth LLC now owns 11,862 shares of the semiconductor company's stock worth $1,175,000 after acquiring an additional 128 shares during the last quarter. Torray Investment Partners LLC grew its stake in shares of Entegris by 0.9% in the fourth quarter. Torray Investment Partners LLC now owns 15,266 shares of the semiconductor company's stock worth $1,512,000 after acquiring an additional 129 shares during the last quarter. Metis Global Partners LLC grew its stake in shares of Entegris by 7.1% in the fourth quarter. Metis Global Partners LLC now owns 2,049 shares of the semiconductor company's stock worth $203,000 after acquiring an additional 135 shares during the last quarter. First Hawaiian Bank grew its stake in shares of Entegris by 0.9% in the first quarter. First Hawaiian Bank now owns 15,786 shares of the semiconductor company's stock worth $1,381,000 after acquiring an additional 143 shares during the last quarter. Finally, HighPoint Advisor Group LLC grew its stake in shares of Entegris by 4.3% in the fourth quarter. HighPoint Advisor Group LLC now owns 3,559 shares of the semiconductor company's stock worth $376,000 after acquiring an additional 146 shares during the last quarter.
Entegris Stock Performance
ENTG stock traded down $1.27 during trading on Friday, reaching $82.38. The stock had a trading volume of 5,937,107 shares, compared to its average volume of 2,730,072. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $147.57. The stock's 50 day moving average is $76.82 and its two-hundred day moving average is $89.54. The company has a current ratio of 3.26, a quick ratio of 1.95 and a debt-to-equity ratio of 1.06. The firm has a market cap of $12.47 billion, a PE ratio of 40.38, a PEG ratio of 1.84 and a beta of 1.24.
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 analysts' consensus estimates of $0.69 by ($0.02). Entegris had a net margin of 9.57% and a return on equity of 12.48%. The firm 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 company posted $0.68 EPS. The firm's revenue was up .3% compared to the same quarter last year. As a group, equities analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current year.
Entegris Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date of this dividend was Wednesday, April 30th. Entegris's payout ratio is 19.61%.
Analysts Set New Price Targets
ENTG has been the topic of a number of research analyst reports. Wall Street Zen downgraded Entegris from a "hold" rating to a "sell" rating in a report on Saturday, April 19th. Needham & Company LLC reaffirmed a "buy" rating and set a $100.00 price target on shares of Entegris in a report on Tuesday, May 20th. Citigroup lowered their price target on Entegris from $125.00 to $102.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. UBS Group lowered their price target on Entegris from $90.00 to $85.00 and set a "neutral" rating on the stock in a report on Thursday, May 8th. Finally, KeyCorp lowered their price target on Entegris from $130.00 to $117.00 and set an "overweight" rating on the stock in a report on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $113.00.
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Entegris Profile
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Free Report)
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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