Nisa Investment Advisors LLC grew its position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 3,951.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,980 shares of the semiconductor company's stock after acquiring an additional 75,080 shares during the quarter. Nisa Investment Advisors LLC owned about 0.05% of Entegris worth $6,734,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Compass Wealth Management LLC bought a new stake in shares of Entegris during the first quarter valued at approximately $1,614,000. Sequoia Financial Advisors LLC increased its holdings in shares of Entegris by 11.5% during the first quarter. Sequoia Financial Advisors LLC now owns 2,767 shares of the semiconductor company's stock valued at $242,000 after acquiring an additional 285 shares in the last quarter. Sarasin & Partners LLP bought a new stake in shares of Entegris during the first quarter valued at approximately $1,544,000. New York State Teachers Retirement System bought a new stake in Entegris during the first quarter worth $4,870,000. Finally, Principal Financial Group Inc. grew its holdings in Entegris by 235.8% during the first quarter. Principal Financial Group Inc. now owns 5,014,198 shares of the semiconductor company's stock worth $438,642,000 after buying an additional 3,520,997 shares in the last quarter.
Entegris Stock Down 0.5%
Shares of NASDAQ:ENTG opened at $87.58 on Friday. The company has a market capitalization of $13.26 billion, a PE ratio of 42.93, a price-to-earnings-growth ratio of 1.97 and a beta of 1.27. 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 business has a fifty day moving average price of $78.52 and a two-hundred day moving average price of $88.37. Entegris, Inc. has a 1 year low of $60.75 and a 1 year high of $147.57.
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 net margin of 9.57% and a return on equity of 12.48%. The business had revenue of $773.20 million during the quarter, compared to the consensus estimate of $790.75 million. During the same quarter last year, the company earned $0.68 EPS. The firm's revenue for the quarter was up .3% compared to the same quarter last year. Analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current year.
Entegris Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, May 21st. Stockholders of record on Wednesday, April 30th were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, April 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.46%. Entegris's dividend payout ratio is presently 19.61%.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on ENTG. UBS Group decreased their price target on Entegris from $90.00 to $85.00 and set a "neutral" rating for the company in a report on Thursday, May 8th. The Goldman Sachs Group began coverage on Entegris in a report on Thursday. They set a "neutral" rating and a $85.00 price target for the company. Wall Street Zen downgraded Entegris from a "hold" rating to a "sell" rating in a report on Saturday, April 19th. Citigroup decreased their price target on Entegris from $125.00 to $102.00 and set a "buy" rating for the company in a report on Thursday, May 8th. Finally, KeyCorp decreased their price target on Entegris from $130.00 to $117.00 and set an "overweight" rating for the company in a report on Thursday, May 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $109.89.
Get Our Latest Stock Report on Entegris
Entegris Company 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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