GTS Securities LLC Increases Position in Entegris, Inc. (NASDAQ:ENTG)

GTS Securities LLC grew its stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 93.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 20,671 shares of the semiconductor company's stock after acquiring 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.

A number of other large investors have also recently bought and sold shares of ENTG. Corient Private Wealth LLC increased its holdings in Entegris by 1.1% in the 4th quarter. Corient Private Wealth LLC now owns 11,862 shares of the semiconductor company's stock worth $1,175,000 after purchasing an additional 128 shares in the last quarter. 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 buying an additional 129 shares during the last quarter. Metis Global Partners LLC increased its stake 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 buying an additional 135 shares during the period. HighPoint Advisor Group LLC lifted its position in shares of Entegris by 4.3% in the 4th quarter. HighPoint Advisor Group LLC now owns 3,559 shares of the semiconductor company's stock worth $376,000 after purchasing an additional 146 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its stake in shares of 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 purchasing an additional 147 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on ENTG shares. Wall Street Zen lowered shares of Entegris from a "hold" rating to a "sell" rating in a report on Saturday, April 19th. Citigroup dropped their price objective on Entegris from $125.00 to $102.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Needham & Company LLC restated a "buy" rating and set a $100.00 target price on shares of Entegris in a research report on Tuesday, May 20th. KeyCorp lowered their target price on Entegris from $130.00 to $117.00 and set an "overweight" rating for the company in a report on Thursday, May 8th. Finally, UBS Group cut their price target on Entegris from $90.00 to $85.00 and set a "neutral" rating on the stock in a report on Thursday, May 8th. One equities 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 company's stock. According to data from MarketBeat.com, Entegris currently has a consensus rating of "Moderate Buy" and an average price target of $113.00.

Entegris Stock Down 3.1%

ENTG stock traded down $2.30 during trading on Wednesday, reaching $72.63. 2,676,965 shares of the stock were exchanged, compared to its average volume of 2,516,133. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $147.57. The firm's 50 day moving average is $77.75 and its 200 day moving average is $94.21. The firm has a market cap of $11.00 billion, a P/E ratio of 37.63, a price-to-earnings-growth ratio of 1.50 and a beta of 1.33.

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 the consensus estimate of $0.69 by ($0.02). Entegris had a return on equity of 12.83% and a net margin of 9.03%. The business had revenue of $773.20 million for the quarter, compared to analyst estimates of $790.75 million. During the same quarter in the previous year, the company posted $0.68 EPS. The business's quarterly revenue was up .3% on a year-over-year basis. As a group, research analysts forecast that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

The business also recently disclosed 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. This represents a $0.40 annualized dividend and a yield of 0.55%. The ex-dividend date of this dividend was Wednesday, April 30th. Entegris's dividend payout ratio (DPR) is presently 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).