Siemens Fonds Invest GmbH Purchases Shares of 33,823 Entegris, Inc. (NASDAQ:ENTG)

Siemens Fonds Invest GmbH acquired a new stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 33,823 shares of the semiconductor company's stock, valued at approximately $3,351,000.

Other institutional investors have also recently bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Entegris during the 4th quarter valued at about $12,140,000. Polar Asset Management Partners Inc. raised its stake in shares of Entegris by 192.0% in the 4th quarter. Polar Asset Management Partners Inc. now owns 153,900 shares of the semiconductor company's stock valued at $15,245,000 after acquiring an additional 101,200 shares in the last quarter. Forum Financial Management LP bought a new position in shares of Entegris in the 4th quarter valued at approximately $274,000. Toronto Dominion Bank raised its stake in shares of Entegris by 1.7% in the 4th quarter. Toronto Dominion Bank now owns 19,718 shares of the semiconductor company's stock valued at $1,953,000 after acquiring an additional 326 shares in the last quarter. Finally, Neo Ivy Capital Management bought a new position in shares of Entegris in the 4th quarter valued at approximately $34,000.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. UBS Group cut their price objective on Entegris from $90.00 to $85.00 and set a "neutral" rating on the stock in a research note on Thursday, May 8th. Wall Street Zen downgraded Entegris from a "hold" rating to a "sell" rating in a research note on Saturday, April 19th. Citigroup cut their price objective on Entegris from $125.00 to $102.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Needham & Company LLC reissued a "buy" rating and issued a $100.00 price objective on shares of Entegris in a research note on Tuesday, May 20th. Finally, KeyCorp dropped their price target on Entegris from $130.00 to $117.00 and set an "overweight" rating on the stock in a research report on Thursday, May 8th. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $113.00.

Entegris Stock Performance

Shares of NASDAQ ENTG traded down $4.43 during mid-day trading on Friday, hitting $67.99. The company had a trading volume of 6,155,543 shares, compared to its average volume of 2,549,903. 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 business's 50-day simple moving average is $76.24 and its 200-day simple moving average is $93.58. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $147.57. The firm has a market cap of $10.29 billion, a P/E ratio of 35.23, a PEG ratio of 1.50 and a beta of 1.33.

Entegris (NASDAQ:ENTG - Get Free Report) last released 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). The firm had revenue of $773.20 million for the quarter, compared to the consensus estimate of $790.75 million. Entegris had a net margin of 9.03% and a return on equity of 12.83%. The business'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 earnings per share. As a group, analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently disclosed 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. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date of this dividend was Wednesday, April 30th. Entegris's dividend payout ratio is presently 19.61%.

Entegris Company 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).