UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $62.04 Million Stock Holdings in Entegris, Inc. (NASDAQ:ENTG)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 3.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 626,317 shares of the semiconductor company's stock after acquiring an additional 18,342 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.41% of Entegris worth $62,043,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Swedbank AB grew its position in Entegris by 47.7% in the fourth quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company's stock worth $153,636,000 after acquiring an additional 500,581 shares in the last quarter. National Bank of Canada FI boosted its holdings in Entegris by 66,855.0% in the fourth quarter. National Bank of Canada FI now owns 490,780 shares of the semiconductor company's stock worth $48,617,000 after purchasing an additional 490,047 shares in the last quarter. Callan Family Office LLC bought a new stake in Entegris in the fourth quarter worth $308,000. Renaissance Technologies LLC acquired a new position in Entegris during the fourth quarter worth $7,549,000. Finally, Amica Mutual Insurance Co. raised its holdings in Entegris by 78.8% during the fourth quarter. Amica Mutual Insurance Co. now owns 91,849 shares of the semiconductor company's stock valued at $9,099,000 after buying an additional 40,472 shares in the last quarter.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. 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 for the company in a research report on Thursday, May 8th. Citigroup dropped their price target on shares of Entegris from $125.00 to $102.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Needham & Company LLC restated a "buy" rating and issued a $100.00 price objective on shares of Entegris in a research note on Tuesday, May 20th. Finally, UBS Group lowered their target price on shares of Entegris from $90.00 to $85.00 and set a "neutral" rating on the stock in a research note on Thursday, May 8th. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $113.00.

Entegris Stock Performance

NASDAQ:ENTG traded down $2.30 during trading hours on Wednesday, hitting $72.63. 2,679,174 shares of the company traded hands, compared to its average volume of 2,519,909. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $147.57. The firm has a 50-day moving average of $77.75 and a 200 day moving average of $94.21. The stock has a market capitalization of $11.00 billion, a price-to-earnings ratio of 37.63, a P/E/G ratio of 1.50 and a beta of 1.33.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.02). Entegris had a return on equity of 12.83% and a net margin of 9.03%. The company had revenue of $773.20 million for the quarter, compared to the consensus estimate of $790.75 million. During the same quarter in the previous year, the firm posted $0.68 EPS. The business's revenue for the quarter was up .3% compared to the same quarter last year. On average, analysts forecast that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th were given a $0.10 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.55%. Entegris's dividend payout ratio is currently 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).