22,075 Shares in Entegris, Inc. (NASDAQ:ENTG) Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas acquired a new stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 22,075 shares of the semiconductor company's stock, valued at approximately $1,931,000.

A number of other large investors have also recently made changes to their positions in the stock. Central Pacific Bank Trust Division lifted its position in Entegris by 125.7% during the first quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company's stock valued at $27,000 after purchasing an additional 171 shares during the period. Quarry LP acquired a new position in Entegris during the fourth quarter valued at $28,000. Neo Ivy Capital Management acquired a new position in Entegris during the fourth quarter valued at $34,000. Curat Global LLC acquired a new position in Entegris during the first quarter valued at $39,000. Finally, Proficio Capital Partners LLC acquired a new position in Entegris during the fourth quarter valued at $42,000.

Entegris Price Performance

Shares of Entegris stock traded down $1.35 during trading hours on Monday, reaching $86.23. The stock had a trading volume of 1,646,784 shares, compared to its average volume of 2,767,641. The stock's 50 day moving average is $78.52 and its 200 day moving average is $88.17. The firm has a market capitalization of $13.06 billion, a PE ratio of 42.27, a PEG ratio of 1.96 and a beta of 1.27. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $147.40. The company has a current ratio of 3.26, a quick ratio of 1.95 and a debt-to-equity ratio of 1.06.

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). Entegris had a return on equity of 12.48% and a net margin of 9.57%. The company had revenue of $773.20 million for the quarter, compared to analyst estimates of $790.75 million. During the same quarter last year, the company earned $0.68 EPS. The firm's revenue for the quarter was up .3% on a year-over-year basis. Equities analysts expect that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 21st. Investors 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 annualized dividend and a dividend yield of 0.46%. Entegris's dividend payout ratio (DPR) is presently 19.61%.

Wall Street Analysts Forecast Growth

ENTG has been the subject of a number of research reports. 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. The Goldman Sachs Group initiated coverage on shares of Entegris in a research report on Thursday. They set a "neutral" rating and a $85.00 target price for the company. Wall Street Zen downgraded shares of Entegris from a "hold" rating to a "sell" rating in a research report on Saturday, April 19th. UBS Group decreased their target price on shares of Entegris from $90.00 to $85.00 and set a "neutral" rating for the company in a research report on Thursday, May 8th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $100.00 price objective on shares of Entegris in a research report on Tuesday, May 20th. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Entegris currently has a consensus rating of "Moderate Buy" and a consensus price target of $109.33.

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).