OMERS ADMINISTRATION Corp Sells 3,239 Shares of Entegris, Inc. (NASDAQ:ENTG)

OMERS ADMINISTRATION Corp trimmed its position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 34.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,261 shares of the semiconductor company's stock after selling 3,239 shares during the period. OMERS ADMINISTRATION Corp's holdings in Entegris were worth $620,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Corient Private Wealth LLC grew its holdings in shares of Entegris by 1.1% during 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 lifted its position in Entegris by 0.9% in the fourth quarter. Torray Investment Partners LLC now owns 15,266 shares of the semiconductor company's stock worth $1,512,000 after purchasing an additional 129 shares during the period. Metis Global Partners LLC boosted its stake in Entegris by 7.1% during the fourth quarter. Metis Global Partners LLC now owns 2,049 shares of the semiconductor company's stock worth $203,000 after buying an additional 135 shares in the last quarter. HighPoint Advisor Group LLC increased its holdings 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 buying an additional 146 shares during the period. Finally, Sequoia Financial Advisors LLC raised 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 buying an additional 147 shares in the last quarter.

Insider Buying and Selling

In other Entegris news, SVP Olivier Blachier sold 984 shares of the company's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the transaction, the senior vice president now directly owns 10,903 shares in the company, valued at approximately $1,177,524. This represents a 8.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.67% of the company's stock.

Wall Street Analyst Weigh In

ENTG has been the topic of several recent research reports. Needham & Company LLC reiterated a "buy" rating and set a $100.00 target price on shares of Entegris in a research report on Tuesday. Wall Street Zen lowered Entegris from a "hold" rating to a "sell" rating in a research note on Saturday, April 19th. UBS Group dropped their price objective on Entegris from $90.00 to $85.00 and set a "neutral" rating for the company in a research note on Thursday, May 8th. Citigroup cut their price objective 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 lowered their target price on shares of Entegris from $130.00 to $117.00 and set an "overweight" rating on the stock in a report on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $113.00.

Entegris Price Performance

Shares of ENTG stock traded up $0.74 during trading hours on Thursday, reaching $73.17. 2,326,790 shares of the company were exchanged, compared to its average volume of 2,493,415. Entegris, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $147.57. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86. The stock's fifty day moving average is $79.90 and its two-hundred day moving average is $95.15. The company has a market cap of $11.08 billion, a price-to-earnings ratio of 37.91, a P/E/G ratio of 1.50 and a beta of 1.33.

Entegris (NASDAQ:ENTG - Get Free Report) last posted 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). The company had revenue of $773.20 million during the quarter, compared to the consensus estimate of $790.75 million. Entegris had a return on equity of 12.83% and a net margin of 9.03%. The business's revenue for the quarter was up .3% on a year-over-year basis. During the same quarter last year, the firm earned $0.68 EPS. Sell-side analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The company also recently declared 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 0.55%. The ex-dividend date was Wednesday, April 30th. Entegris's dividend payout ratio is 19.61%.

Entegris Profile

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).