Asset Management One Co. Ltd. grew its holdings in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 10.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 57,576 shares of the semiconductor company's stock after purchasing an additional 5,624 shares during the period. Asset Management One Co. Ltd.'s holdings in Entegris were worth $5,037,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Corient Private Wealth LLC grew its position in Entegris by 1.1% in the 4th quarter. Corient Private Wealth LLC now owns 11,862 shares of the semiconductor company's stock valued at $1,175,000 after buying an additional 128 shares in the last quarter. Torray Investment Partners LLC lifted its stake in shares of Entegris by 0.9% in the 4th quarter. Torray Investment Partners LLC now owns 15,266 shares of the semiconductor company's stock worth $1,512,000 after acquiring an additional 129 shares during the period. Metis Global Partners LLC boosted its holdings in shares of Entegris by 7.1% in the fourth quarter. Metis Global Partners LLC now owns 2,049 shares of the semiconductor company's stock valued at $203,000 after acquiring an additional 135 shares in the last quarter. First Hawaiian Bank boosted its holdings in shares of Entegris by 0.9% in the first quarter. First Hawaiian Bank now owns 15,786 shares of the semiconductor company's stock valued at $1,381,000 after acquiring an additional 143 shares in the last quarter. Finally, HighPoint Advisor Group LLC increased its stake in shares of Entegris by 4.3% during the fourth quarter. HighPoint Advisor Group LLC now owns 3,559 shares of the semiconductor company's stock valued at $376,000 after acquiring an additional 146 shares during the period.
Entegris Price Performance
Shares of NASDAQ:ENTG traded down $1.73 on Monday, reaching $80.65. 2,347,876 shares of the company traded hands, compared to its average volume of 2,728,544. The stock has a market capitalization of $12.21 billion, a PE ratio of 39.53, a P/E/G ratio of 1.84 and a beta of 1.24. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.26 and a quick ratio of 1.95. The company's 50 day moving average is $76.82 and its 200-day moving average is $89.41. Entegris, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $147.57.
Entegris (NASDAQ:ENTG - Get Free Report) last announced its earnings results 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 analyst estimates of $790.75 million. During the same period last year, the firm earned $0.68 earnings per share. The firm's revenue for the quarter was up .3% on a year-over-year basis. As a group, analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.
Entegris Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.50%. The ex-dividend date of this dividend was Wednesday, April 30th. Entegris's payout ratio is 19.61%.
Analyst Ratings Changes
A number of equities research analysts have weighed in on ENTG shares. Wall Street Zen downgraded Entegris from a "hold" rating to a "sell" rating in a research report on Saturday, April 19th. KeyCorp dropped their price objective on Entegris from $130.00 to $117.00 and set an "overweight" rating on the stock in a research note on Thursday, May 8th. Needham & Company LLC restated a "buy" rating and issued a $100.00 price objective on shares of Entegris in a report on Tuesday, May 20th. UBS Group lowered their target price on Entegris from $90.00 to $85.00 and set a "neutral" rating on the stock in a report on Thursday, May 8th. Finally, Citigroup dropped their price target on shares of Entegris from $125.00 to $102.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Entegris has a consensus rating of "Moderate Buy" and an average target price of $113.00.
View Our Latest Report on ENTG
Entegris 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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