James Hambro & Partners LLP lifted its position in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 7.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 786,491 shares of the semiconductor company's stock after buying an additional 51,242 shares during the quarter. Entegris comprises 2.9% of James Hambro & Partners LLP's investment portfolio, making the stock its 19th largest holding. James Hambro & Partners LLP owned 0.52% of Entegris worth $68,885,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in ENTG. Quarry LP acquired a new stake in Entegris in the 4th quarter worth approximately $28,000. Central Pacific Bank Trust Division lifted its stake in shares of 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 buying an additional 171 shares during the last quarter. Neo Ivy Capital Management bought a new stake in shares of Entegris during the 4th quarter worth $34,000. Curat Global LLC acquired a new position in Entegris in the 1st quarter valued at $39,000. Finally, Parvin Asset Management LLC acquired a new position in Entegris in the 4th quarter valued at $69,000.
Analyst Ratings Changes
A number of research analysts have weighed in on ENTG shares. UBS Group cut their target price on shares of Entegris from $90.00 to $85.00 and set a "neutral" rating for the company in a research report on Thursday, May 8th. Wall Street Zen cut Entegris from a "hold" rating to a "sell" rating in a research report on Saturday, April 19th. Citigroup lowered their target price on Entegris from $125.00 to $102.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. KeyCorp dropped their price target on Entegris from $130.00 to $117.00 and set an "overweight" rating on the stock in a research report on Thursday, May 8th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $100.00 price target on shares of Entegris in a report on Tuesday, May 20th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $113.00.
View Our Latest Stock Report on Entegris
Entegris Stock Performance
ENTG stock traded down $0.31 during trading on Wednesday, reaching $76.24. 2,718,697 shares of the stock were exchanged, compared to its average volume of 3,442,563. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $147.57. 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 company has a market capitalization of $11.54 billion, a P/E ratio of 37.37, a price-to-earnings-growth ratio of 1.75 and a beta of 1.24. The stock has a 50 day simple moving average of $75.48 and a 200-day simple moving average of $91.17.
Entegris (NASDAQ:ENTG - Get Free Report) last announced 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). The firm had revenue of $773.20 million during the quarter, compared to the consensus estimate of $790.75 million. Entegris had a return on equity of 12.48% and a net margin of 9.57%. Entegris's revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.68 EPS. As a group, sell-side analysts anticipate 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. Shareholders of record on Wednesday, April 30th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.52%. Entegris's dividend payout ratio is currently 19.61%.
Entegris Company Profile
(
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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