Sarasin & Partners LLP bought a new stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 17,655 shares of the semiconductor company's stock, valued at approximately $1,544,000.
Other institutional investors have also recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its stake in Entegris by 8.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 11,159 shares of the semiconductor company's stock valued at $1,105,000 after acquiring an additional 868 shares during the last quarter. Blue Trust Inc. boosted its stake in Entegris by 121.3% during the 4th quarter. Blue Trust Inc. now owns 768 shares of the semiconductor company's stock valued at $76,000 after acquiring an additional 421 shares during the last quarter. Caprock Group LLC boosted its stake in Entegris by 30.9% during the 4th quarter. Caprock Group LLC now owns 5,121 shares of the semiconductor company's stock valued at $507,000 after acquiring an additional 1,209 shares during the last quarter. Trust Point Inc. bought a new position in Entegris during the 4th quarter valued at $449,000. Finally, E. Ohman J or Asset Management AB boosted its stake in Entegris by 24.2% during the 4th quarter. E. Ohman J or Asset Management AB now owns 8,070 shares of the semiconductor company's stock valued at $799,000 after acquiring an additional 1,570 shares during the last quarter.
Entegris Price Performance
Shares of NASDAQ:ENTG traded up $0.77 on Thursday, hitting $73.39. The stock had a trading volume of 1,677,113 shares, compared to its average volume of 2,570,572. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $147.57. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. The firm's 50 day moving average price is $75.02 and its 200-day moving average price is $92.95. The company has a market capitalization of $11.11 billion, a price-to-earnings ratio of 38.03, a price-to-earnings-growth ratio of 1.50 and a beta of 1.33.
Entegris (NASDAQ:ENTG - Get Free Report) last issued its earnings results on Wednesday, May 7th. The semiconductor company reported $0.67 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.02). The firm had revenue of $773.20 million during the quarter, compared to analyst estimates of $790.75 million. Entegris had a net margin of 9.03% and a return on equity of 12.83%. The firm's revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.68 EPS. On average, equities research analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current year.
Entegris Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders 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 yield of 0.55%. Entegris's payout ratio is presently 19.61%.
Analyst Ratings Changes
A number of analysts have weighed in on ENTG shares. UBS Group dropped their target price on shares of Entegris from $90.00 to $85.00 and set a "neutral" rating on the stock in a report on Thursday, May 8th. Citigroup decreased their target price on shares of Entegris from $125.00 to $102.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. KeyCorp decreased their target price on shares of Entegris from $130.00 to $117.00 and set an "overweight" rating for the company in a research report on Thursday, May 8th. Wall Street Zen lowered shares of Entegris from a "hold" rating to a "sell" rating in a research report on Saturday, April 19th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $100.00 target price on shares of Entegris in a research report on Tuesday, May 20th. One equities research 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. According to data from MarketBeat, Entegris presently has an average rating of "Moderate Buy" and an average target price of $113.00.
View Our Latest Report on ENTG
About Entegris
(
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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