Entegris, Inc. (NASDAQ:ENTG) Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System decreased its position in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 3.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 223,563 shares of the semiconductor company's stock after selling 7,185 shares during the period. California State Teachers Retirement System owned about 0.15% of Entegris worth $22,146,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new stake in shares of Entegris during the 4th quarter worth about $445,988,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of Entegris by 33.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 11,194,612 shares of the semiconductor company's stock valued at $1,108,940,000 after buying an additional 2,826,463 shares during the last quarter. D1 Capital Partners L.P. lifted its stake in Entegris by 329.4% in the fourth quarter. D1 Capital Partners L.P. now owns 2,752,902 shares of the semiconductor company's stock valued at $272,702,000 after acquiring an additional 2,111,801 shares during the last quarter. Deutsche Bank AG lifted its position in shares of Entegris by 434.1% in the fourth quarter. Deutsche Bank AG now owns 1,470,162 shares of the semiconductor company's stock valued at $145,634,000 after buying an additional 1,194,903 shares during the last quarter. Finally, TPG GP A LLC acquired a new stake in shares of Entegris during the 4th quarter worth about $115,639,000.

Entegris Price Performance

ENTG traded up $2.57 on Tuesday, reaching $70.95. 743,214 shares of the company's stock were exchanged, compared to its average volume of 2,547,066. The stock's fifty day moving average price is $75.75 and its 200-day moving average price is $93.24. Entegris, Inc. has a twelve month low of $60.75 and a twelve month 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 stock has a market cap of $10.74 billion, a PE ratio of 36.76, a P/E/G ratio of 1.50 and a beta of 1.33.

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

Entegris Dividend Announcement

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. The ex-dividend date was Wednesday, April 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.56%. Entegris's payout ratio is currently 19.61%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. KeyCorp reduced their target price on Entegris from $130.00 to $117.00 and set an "overweight" rating on the stock in a report on Thursday, May 8th. Needham & Company LLC reaffirmed a "buy" rating and set a $100.00 price target on shares of Entegris in a research report on Tuesday, May 20th. Citigroup cut their price target on shares of Entegris from $125.00 to $102.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. UBS Group dropped their target price on shares of Entegris from $90.00 to $85.00 and set a "neutral" rating on the stock in a research note on Thursday, May 8th. Finally, Wall Street Zen cut Entegris from a "hold" rating to a "sell" rating in a report on Saturday, April 19th. 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 stock. According to MarketBeat.com, Entegris currently has an average rating of "Moderate Buy" and a consensus price target of $113.00.

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).