Crossmark Global Holdings Inc. Takes $630,000 Position in Entegris, Inc. (NASDAQ:ENTG)

Crossmark Global Holdings Inc. acquired a new stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,204 shares of the semiconductor company's stock, valued at approximately $630,000.

Several other institutional investors have also added to or reduced their stakes in ENTG. Central Pacific Bank Trust Division boosted its holdings 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 acquiring an additional 171 shares in the last quarter. Quarry LP acquired a new stake in Entegris in the fourth quarter worth about $28,000. Neo Ivy Capital Management acquired a new stake in Entegris in the fourth quarter worth about $34,000. Curat Global LLC acquired a new stake in Entegris in the first quarter worth about $39,000. Finally, Proficio Capital Partners LLC acquired a new stake in Entegris in the fourth quarter worth about $42,000.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on ENTG shares. The Goldman Sachs Group initiated coverage on Entegris in a report on Thursday. They issued a "neutral" rating and a $85.00 price target for the company. Wall Street Zen downgraded Entegris from a "hold" rating to a "sell" rating in a report on Saturday, April 19th. UBS Group reduced their price target on Entegris from $90.00 to $85.00 and set a "neutral" rating for the company in a research report on Thursday, May 8th. Needham & Company LLC reiterated a "buy" rating and set a $100.00 price target on shares of Entegris in a research report on Tuesday, May 20th. Finally, KeyCorp cut their price objective on Entegris from $130.00 to $117.00 and set an "overweight" rating for the company in a research report on Thursday, May 8th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $109.89.

Entegris Trading Down 0.5%

NASDAQ ENTG traded down $0.42 on Friday, reaching $87.58. 1,662,809 shares of the company were exchanged, compared to its average volume of 2,772,142. The business's fifty day moving average price is $78.52 and its 200 day moving average price is $88.27. The stock has a market capitalization of $13.26 billion, a P/E ratio of 42.93, a price-to-earnings-growth ratio of 1.96 and a beta of 1.27. The company has a current ratio of 3.26, a quick ratio of 1.95 and a debt-to-equity ratio of 1.06. Entegris, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $147.40.

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 for the quarter, missing analysts' consensus estimates of $0.69 by ($0.02). The company had revenue of $773.20 million for the quarter, compared to analyst estimates of $790.75 million. Entegris had a return on equity of 12.48% and a net margin of 9.57%. The business's quarterly revenue was up .3% on a year-over-year basis. During the same period last year, the firm posted $0.68 EPS. Analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The firm also recently declared 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 0.46%. The ex-dividend date 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).