GTS Securities LLC Buys 10,009 Shares of Entegris, Inc. (NASDAQ:ENTG)

GTS Securities LLC boosted its position in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 93.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (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 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ENTG. Quarry LP bought a new stake in shares of Entegris in the fourth quarter valued at approximately $28,000. Parvin Asset Management LLC acquired a new position in Entegris in the 4th quarter valued at $69,000. Promus Capital LLC bought a new stake in shares of Entegris during the 4th quarter valued at $71,000. Smartleaf Asset Management LLC grew its holdings in shares of Entegris by 27.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company's stock worth $73,000 after purchasing an additional 158 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in Entegris by 121.3% during the fourth quarter. Blue Trust Inc. now owns 768 shares of the semiconductor company's stock worth $76,000 after purchasing an additional 421 shares during the period.

Analysts Set New Price Targets

Several equities analysts have recently commented on ENTG shares. UBS Group dropped 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. Citigroup decreased their price objective on shares of Entegris from $125.00 to $102.00 and set a "buy" 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. KeyCorp decreased their price target on Entegris from $130.00 to $117.00 and set an "overweight" rating on the stock in a research note on Thursday, May 8th. Finally, Needham & Company LLC reissued a "buy" rating and set a $100.00 price target on shares of Entegris in a report on Tuesday, May 20th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $113.00.

Entegris Price Performance

Shares of ENTG traded down $0.54 during trading hours on Thursday, reaching $72.09. The stock had a trading volume of 955,517 shares, compared to its average volume of 2,513,968. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $147.57. The stock has a market capitalization of $10.91 billion, a PE ratio of 37.33, a PEG ratio of 1.50 and a beta of 1.33. The company's 50-day moving average is $77.28 and its two-hundred day moving average is $94.06.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its earnings results on Wednesday, May 7th. The semiconductor company reported $0.67 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.02). Entegris had a net margin of 9.03% and a return on equity of 12.83%. The firm 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 revenue for the quarter was up .3% compared to the same quarter last year. Research analysts expect that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders 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 yield of 0.55%. The ex-dividend date of this dividend was Wednesday, April 30th. Entegris's payout ratio is 19.61%.

About Entegris

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).