Compass Wealth Management LLC Takes $1.61 Million Position in Entegris, Inc. (NASDAQ:ENTG)

Compass Wealth Management LLC purchased a new position in Entegris, Inc. (NASDAQ:ENTG - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 18,445 shares of the semiconductor company's stock, valued at approximately $1,614,000.

A number of other hedge funds have also made changes to their positions in ENTG. Central Pacific Bank Trust Division increased its position in Entegris by 125.7% in the first quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company's stock worth $27,000 after purchasing an additional 171 shares during the period. Quarry LP acquired a new stake in shares of Entegris during the fourth quarter worth $28,000. Neo Ivy Capital Management bought a new stake in Entegris in the fourth quarter valued at about $34,000. Curat Global LLC acquired a new position in Entegris in the first quarter valued at about $39,000. Finally, Proficio Capital Partners LLC bought a new position in Entegris during the fourth quarter worth about $42,000.

Analyst Upgrades and Downgrades

ENTG has been the subject of a number of research analyst reports. Needham & Company LLC reaffirmed a "buy" rating and issued a $100.00 target price on shares of Entegris in a research note on Tuesday, May 20th. Citigroup dropped their target price on Entegris from $125.00 to $102.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Wall Street Zen downgraded Entegris from a "hold" rating to a "sell" rating in a research report on Saturday, April 19th. UBS Group lowered their price objective on shares of Entegris from $90.00 to $85.00 and set a "neutral" rating on the stock in a report on Thursday, May 8th. Finally, KeyCorp decreased their target price on shares of Entegris from $130.00 to $117.00 and set an "overweight" rating for the company in a research report on Thursday, May 8th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $113.00.

Entegris Trading Down 1.6%

Shares of ENTG stock traded down $1.39 on Monday, hitting $85.25. 560,935 shares of the company's stock traded hands, compared to its average volume of 2,748,149. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.95 and a current ratio of 3.26. The company's fifty day simple moving average is $77.88 and its 200 day simple moving average is $88.71. The stock has a market capitalization of $12.91 billion, a price-to-earnings ratio of 41.78, a P/E/G ratio of 1.94 and a beta of 1.27. Entegris, Inc. has a one year low of $60.75 and a one year high of $147.57.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings data 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 return on equity of 12.48% and a net margin of 9.57%. The business had revenue of $773.20 million during the quarter, compared to the consensus estimate of $790.75 million. During the same quarter in the prior year, the business posted $0.68 earnings per share. Entegris's quarterly revenue was up .3% compared to the same quarter last year. Equities analysts forecast that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Stockholders of record on Wednesday, April 30th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.47%. The ex-dividend date of this dividend was Wednesday, April 30th. Entegris's dividend payout ratio (DPR) is presently 19.61%.

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).