TD Asset Management Inc Has $20.25 Million Stake in Entegris, Inc. (NASDAQ:ENTG)

TD Asset Management Inc trimmed its position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 9.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 231,524 shares of the semiconductor company's stock after selling 24,575 shares during the period. TD Asset Management Inc owned approximately 0.15% of Entegris worth $20,254,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Personal CFO Solutions LLC increased its holdings in Entegris by 6.0% in the 1st quarter. Personal CFO Solutions LLC now owns 2,466 shares of the semiconductor company's stock valued at $216,000 after purchasing an additional 140 shares in the last quarter. First Hawaiian Bank increased its holdings in Entegris by 0.9% in the 1st quarter. First Hawaiian Bank now owns 15,786 shares of the semiconductor company's stock valued at $1,381,000 after purchasing an additional 143 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 purchasing an additional 146 shares in the last quarter. Ensign Peak Advisors Inc boosted its position in Entegris by 0.3% in the 4th quarter. Ensign Peak Advisors Inc now owns 53,230 shares of the semiconductor company's stock valued at $5,273,000 after buying an additional 150 shares during the last quarter. Finally, Evexia Wealth LLC boosted its position in Entegris by 6.3% in the 1st quarter. Evexia Wealth LLC now owns 2,798 shares of the semiconductor company's stock valued at $245,000 after buying an additional 166 shares during the last quarter.

Insider Activity at Entegris

In related news, SVP Clinton M. Haris sold 3,627 shares of the firm's stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $90.00, for a total transaction of $326,430.00. Following the transaction, the senior vice president owned 37,743 shares in the company, valued at $3,396,870. This trade represents a 8.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.67% of the company's stock.

Entegris Stock Performance

NASDAQ ENTG traded down $2.80 during trading hours on Friday, reaching $75.66. The company's stock had a trading volume of 5,561,091 shares, compared to its average volume of 2,821,295. The company has a current ratio of 3.30, a quick ratio of 1.95 and a debt-to-equity ratio of 1.04. The business has a 50-day simple moving average of $81.44 and a 200 day simple moving average of $87.11. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $119.95. The stock has a market cap of $11.47 billion, a PE ratio of 39.00 and a beta of 1.22.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.65 by $0.01. Entegris had a net margin of 9.17% and a return on equity of 12.05%. The company had revenue of $792.40 million for the quarter, compared to analyst estimates of $753.85 million. During the same quarter last year, the business earned $0.71 earnings per share. Entegris's revenue was down 2.5% compared to the same quarter last year. Equities research analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 20th. Shareholders of record on Wednesday, July 30th will be paid a $0.10 dividend. The ex-dividend date is Wednesday, July 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.5%. Entegris's dividend payout ratio (DPR) is presently 20.62%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Mizuho upped their price objective on shares of Entegris from $90.00 to $98.00 and gave the company an "outperform" rating in a research report on Tuesday, July 15th. Wall Street Zen cut shares of Entegris from a "hold" rating to a "sell" rating in a research report on Saturday. Needham & Company LLC reissued a "buy" rating and issued a $100.00 price objective on shares of Entegris in a research report on Tuesday, May 20th. KeyCorp reissued an "overweight" rating and issued a $103.00 price objective (down from $112.00) on shares of Entegris in a research report on Thursday. Finally, Citigroup decreased their price objective 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. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $106.44.

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).