Entegris, Inc. (NASDAQ:ENTG) Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 11.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 34,797 shares of the semiconductor company's stock after buying an additional 3,607 shares during the period. Quantinno Capital Management LP's holdings in Entegris were worth $3,447,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Swedbank AB raised its stake in shares of Entegris by 47.7% during the fourth quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company's stock valued at $153,636,000 after acquiring an additional 500,581 shares in the last quarter. National Bank of Canada FI raised its holdings in shares of Entegris by 66,855.0% in the fourth quarter. National Bank of Canada FI now owns 490,780 shares of the semiconductor company's stock valued at $48,617,000 after acquiring an additional 490,047 shares in the last quarter. Callan Family Office LLC purchased a new stake in shares of Entegris in the 4th quarter worth approximately $308,000. Renaissance Technologies LLC purchased a new position in Entegris during the fourth quarter valued at approximately $7,549,000. Finally, Amica Mutual Insurance Co. increased its holdings in Entegris by 78.8% during the fourth quarter. Amica Mutual Insurance Co. now owns 91,849 shares of the semiconductor company's stock valued at $9,099,000 after buying an additional 40,472 shares during the period.

Entegris Stock Performance

ENTG traded down $0.83 on Friday, hitting $72.34. 2,879,530 shares of the company traded hands, compared to its average volume of 2,508,755. Entegris, Inc. has a 12-month low of $60.75 and a 12-month high of $147.57. The company has a 50 day moving average of $78.80 and a 200-day moving average of $94.58. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $10.95 billion, a PE ratio of 37.48, a PEG ratio of 1.50 and a beta of 1.33.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings results 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 for the quarter, compared to analyst estimates of $790.75 million. Entegris had a return on equity of 12.83% and a net margin of 9.03%. Entegris's revenue for the quarter was up .3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.68 earnings per share. Sell-side analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Investors of record on Wednesday, April 30th were given a $0.10 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.55%. Entegris's payout ratio is currently 19.61%.

Wall Street Analyst Weigh In

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

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).