Brown Advisory Inc. Has $91.02 Million Holdings in Entegris, Inc. (NASDAQ:ENTG)

Brown Advisory Inc. trimmed its position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 0.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,040,517 shares of the semiconductor company's stock after selling 4,458 shares during the period. Brown Advisory Inc. owned approximately 0.69% of Entegris worth $91,024,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of ENTG. Crossmark Global Holdings Inc. bought a new position in Entegris in the first quarter valued at approximately $630,000. Envestnet Asset Management Inc. increased its holdings in shares of Entegris by 10.5% during the first quarter. Envestnet Asset Management Inc. now owns 998,212 shares of the semiconductor company's stock worth $87,324,000 after buying an additional 94,676 shares in the last quarter. Compass Wealth Management LLC bought a new position in shares of Entegris in the 1st quarter valued at $1,614,000. Bank of New York Mellon Corp lifted its stake in shares of Entegris by 85.5% in the 1st quarter. Bank of New York Mellon Corp now owns 1,035,330 shares of the semiconductor company's stock valued at $90,571,000 after acquiring an additional 477,347 shares during the last quarter. Finally, IFM Investors Pty Ltd boosted its stake in shares of Entegris by 6.1% during the first quarter. IFM Investors Pty Ltd now owns 29,121 shares of the semiconductor company's stock valued at $2,548,000 after purchasing an additional 1,671 shares in the last quarter.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ENTG shares. KeyCorp dropped their price objective on shares of Entegris from $130.00 to $117.00 and set an "overweight" rating for the company in a report on Thursday, May 8th. The Goldman Sachs Group initiated coverage on shares of Entegris in a report on Thursday. They set a "neutral" rating and a $85.00 price target on the stock. Needham & Company LLC reissued a "buy" rating and issued a $100.00 price objective on shares of Entegris in a research note on Tuesday, May 20th. UBS Group lowered their target price on Entegris from $90.00 to $85.00 and set a "neutral" rating for the company in a research report on Thursday, May 8th. Finally, Citigroup cut their price objective on Entegris from $125.00 to $102.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $109.89.

Entegris Stock Up 1.2%

Shares of Entegris stock traded up $1.01 during trading on Thursday, reaching $88.00. 2,249,972 shares of the company traded hands, compared to its average volume of 2,769,938. The firm has a market capitalization of $13.32 billion, a PE ratio of 43.14, a P/E/G ratio of 1.95 and a beta of 1.27. Entegris, Inc. has a 1-year low of $60.75 and a 1-year high of $147.57. The company has a 50 day moving average price of $78.44 and a 200-day moving average price of $88.47. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.26 and a quick ratio of 1.95.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.69 by ($0.02). Entegris had a return on equity of 12.48% and a net margin of 9.57%. The company had revenue of $773.20 million for the quarter, compared to the consensus estimate of $790.75 million. During the same period last year, the company earned $0.68 EPS. Entegris's revenue for the quarter was up .3% compared to the same quarter last year. As a group, equities research analysts expect that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Stockholders of record on Wednesday, April 30th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date of this dividend was Wednesday, April 30th. Entegris's payout ratio is 19.61%.

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).