SG Americas Securities LLC Invests $805,000 in Entegris, Inc. (NASDAQ:ENTG)

SG Americas Securities LLC acquired a new position in Entegris, Inc. (NASDAQ:ENTG - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 9,202 shares of the semiconductor company's stock, valued at approximately $805,000.

Other institutional investors have also recently made changes to their positions in the company. Central Pacific Bank Trust Division raised its stake in shares of Entegris by 125.7% in the first quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company's stock worth $27,000 after buying an additional 171 shares during the period. Quarry LP bought a new position in shares of Entegris in the fourth quarter worth about $28,000. Neo Ivy Capital Management bought a new position in shares of Entegris in the fourth quarter worth about $34,000. Curat Global LLC bought a new position in shares of Entegris in the first quarter worth about $39,000. Finally, Proficio Capital Partners LLC bought a new position in shares of Entegris in the fourth quarter worth about $42,000.

Analyst Ratings Changes

ENTG has been the topic of several recent research reports. Wall Street Zen downgraded Entegris from a "hold" rating to a "sell" rating in a research note on Saturday, April 19th. KeyCorp decreased their target price on Entegris from $130.00 to $117.00 and set an "overweight" rating on the stock in a research note on Thursday, May 8th. Needham & Company LLC reissued a "buy" rating and set a $100.00 target price on shares of Entegris in a research note on Tuesday, May 20th. Citigroup decreased their target price on Entegris from $125.00 to $102.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Finally, UBS Group decreased their target price on Entegris from $90.00 to $85.00 and set a "neutral" rating on the stock in a research note on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $113.00.

Entegris Price Performance

NASDAQ ENTG traded up $0.55 during trading on Monday, hitting $75.97. 2,175,637 shares of the stock traded hands, compared to its average volume of 2,692,236. The company has a market capitalization of $11.50 billion, a P/E ratio of 37.24, a price-to-earnings-growth ratio of 1.69 and a beta of 1.24. The firm has a 50-day simple moving average of $75.76 and a 200-day simple moving average of $90.13. The company has a quick ratio of 1.95, a current ratio of 3.26 and a debt-to-equity ratio of 1.06. Entegris, Inc. has a 12-month low of $60.75 and a 12-month high of $147.57.

Entegris (NASDAQ:ENTG - Get Free Report) last released 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 firm had revenue of $773.20 million for the quarter, compared to analysts' expectations of $790.75 million. Entegris had a net margin of 9.57% and a return on equity of 12.48%. The business's quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.68 EPS. As a group, analysts predict that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.53%. The ex-dividend date was Wednesday, April 30th. Entegris's dividend payout ratio is presently 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).