New York State Common Retirement Fund Sells 5,097 Shares of Entegris, Inc. (NASDAQ:ENTG)

New York State Common Retirement Fund trimmed its holdings in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 1.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 426,922 shares of the semiconductor company's stock after selling 5,097 shares during the period. New York State Common Retirement Fund owned approximately 0.28% of Entegris worth $37,347,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Entegris in the fourth quarter valued at approximately $445,988,000. Principal Financial Group Inc. boosted its stake in shares of Entegris by 235.8% in the 1st quarter. Principal Financial Group Inc. now owns 5,014,198 shares of the semiconductor company's stock valued at $438,642,000 after purchasing an additional 3,520,997 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in Entegris by 33.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 11,194,612 shares of the semiconductor company's stock worth $1,108,940,000 after buying an additional 2,826,463 shares in the last quarter. D1 Capital Partners L.P. lifted its position in Entegris by 329.4% during the 4th quarter. D1 Capital Partners L.P. now owns 2,752,902 shares of the semiconductor company's stock worth $272,702,000 after buying an additional 2,111,801 shares in the last quarter. Finally, Deutsche Bank AG raised its holdings in Entegris by 434.1% during the 4th quarter. Deutsche Bank AG now owns 1,470,162 shares of the semiconductor company's stock worth $145,634,000 after purchasing an additional 1,194,903 shares during the last quarter.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Mizuho upped their price target on Entegris from $90.00 to $98.00 and gave the company an "outperform" rating in a research note on Tuesday. Wall Street Zen downgraded Entegris from a "hold" rating to a "sell" rating in a research report on Saturday, April 19th. KeyCorp reduced their price target on Entegris from $117.00 to $112.00 and set an "overweight" rating for the company in a research report on Monday. UBS Group cut their price objective on Entegris from $90.00 to $85.00 and set a "neutral" rating for the company in a report on Thursday, May 8th. Finally, Needham & Company LLC restated a "buy" rating and issued a $100.00 price target on shares of Entegris in a research note on Tuesday, May 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Entegris has an average rating of "Moderate Buy" and an average price target of $106.89.

Entegris Trading Up 1.4%

Shares of Entegris stock traded up $1.24 during trading on Tuesday, hitting $87.47. The company's stock had a trading volume of 2,195,470 shares, compared to its average volume of 2,765,361. The company has a debt-to-equity ratio of 1.06, a current ratio of 3.26 and a quick ratio of 1.95. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $147.40. The stock has a market cap of $13.24 billion, a price-to-earnings ratio of 42.88, a price-to-earnings-growth ratio of 1.96 and a beta of 1.27. The stock has a 50-day moving average price of $78.52 and a two-hundred day moving average price of $88.17.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $790.75 million. Entegris had a net margin of 9.57% and a return on equity of 12.48%. The business's revenue was up .3% compared to the same quarter last year. During the same period last year, the company posted $0.68 EPS. Equities research analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Investors of record on Wednesday, April 30th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.46%. 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).