GTS Securities LLC lifted its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 93.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 20,671 shares of the semiconductor company's stock after purchasing an additional 10,009 shares during the quarter. GTS Securities LLC's holdings in Entegris were worth $2,048,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of the business. Corient Private Wealth LLC grew its position in shares of 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 purchasing an additional 128 shares during the period. Torray Investment Partners LLC grew its position 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 valued at $1,512,000 after purchasing an additional 129 shares during the period. Metis Global Partners LLC lifted its stake in Entegris by 7.1% in the 4th 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. HighPoint Advisor Group LLC lifted its stake in Entegris by 4.3% in the 4th 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 in the last quarter. Finally, Sequoia Financial Advisors LLC lifted its stake in Entegris by 6.3% in the 4th quarter. Sequoia Financial Advisors LLC now owns 2,482 shares of the semiconductor company's stock valued at $246,000 after acquiring an additional 147 shares in the last quarter.
Entegris Stock Up 3.6%
Shares of Entegris stock traded up $2.59 on Tuesday, reaching $74.93. 4,190,176 shares of the company were exchanged, compared to its average volume of 2,515,481. Entegris, Inc. has a one year low of $60.75 and a one year high of $147.57. The company has a market capitalization of $11.34 billion, a price-to-earnings ratio of 38.82, a PEG ratio of 1.50 and a beta of 1.33. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. The company has a 50-day moving average of $78.23 and a 200 day moving average of $94.35.
Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings data 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 12.83% and a net margin of 9.03%. The company had revenue of $773.20 million for the quarter, compared to the consensus estimate of $790.75 million. During the same quarter in the prior year, the company earned $0.68 EPS. The company's revenue for the quarter was up .3% on a year-over-year basis. On average, equities research analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current year.
Entegris Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Investors of record on Wednesday, April 30th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend was Wednesday, April 30th. Entegris's payout ratio is presently 19.61%.
Wall Street Analysts Forecast Growth
Several research firms have commented on ENTG. KeyCorp cut their target price 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 target price on shares of Entegris in a research note on Tuesday, May 20th. UBS Group cut their target price on Entegris from $90.00 to $85.00 and set a "neutral" rating on the stock in a research note on Thursday, May 8th. Wall Street Zen cut Entegris from a "hold" rating to a "sell" rating in a research note on Saturday, April 19th. Finally, Citigroup cut their target price on Entegris from $125.00 to $102.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. One 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, the company currently has an average rating of "Moderate Buy" and an average price target of $113.00.
View Our Latest Report on ENTG
About Entegris
(
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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