UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 18,342 Shares of Entegris, Inc. (NASDAQ:ENTG)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 3.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 626,317 shares of the semiconductor company's stock after buying 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 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Barclays PLC boosted its position in Entegris by 44.2% in the third quarter. Barclays PLC now owns 963,157 shares of the semiconductor company's stock worth $108,383,000 after purchasing an additional 295,358 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of Entegris by 10.1% in the 4th quarter. Arkadios Wealth Advisors now owns 2,083 shares of the semiconductor company's stock worth $206,000 after purchasing an additional 191 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in Entegris by 8.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 11,159 shares of the semiconductor company's stock valued at $1,105,000 after acquiring an additional 868 shares during the period. Fenimore Asset Management Inc boosted its holdings in Entegris by 1.2% during the 4th quarter. Fenimore Asset Management Inc now owns 505,182 shares of the semiconductor company's stock valued at $50,043,000 after acquiring an additional 5,885 shares during the period. Finally, Blue Trust Inc. raised its position in Entegris by 121.3% during the 4th quarter. Blue Trust Inc. now owns 768 shares of the semiconductor company's stock valued at $76,000 after purchasing an additional 421 shares during the last quarter.

Entegris Stock Down 6.4%

NASDAQ ENTG traded down $4.67 during trading on Friday, reaching $67.76. The company's stock had a trading volume of 1,896,475 shares, compared to its average volume of 2,527,140. The business has a 50-day moving average price of $76.76 and a 200-day moving average price of $93.84. Entegris, Inc. has a 1-year low of $60.75 and a 1-year high of $147.57. The stock has a market capitalization of $10.26 billion, a PE ratio of 35.09, a PEG ratio of 1.50 and a beta of 1.33. 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 (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). The firm had revenue of $773.20 million for the quarter, compared to the consensus estimate of $790.75 million. Entegris had a return on equity of 12.83% and a net margin of 9.03%. Entegris's quarterly revenue was up .3% on a year-over-year basis. During the same period in the prior year, the company posted $0.68 earnings per share. On average, research analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Investors of record on Wednesday, April 30th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.59%. The ex-dividend date was Wednesday, April 30th. Entegris's dividend payout ratio (DPR) is presently 19.61%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Needham & Company LLC reaffirmed a "buy" rating and set a $100.00 price objective on shares of Entegris in a research report on Tuesday, May 20th. Wall Street Zen lowered Entegris from a "hold" rating to a "sell" rating in a research report on Saturday, April 19th. UBS Group cut 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. KeyCorp lowered their price target on Entegris from $130.00 to $117.00 and set an "overweight" rating for the company in a report on Thursday, May 8th. Finally, Citigroup lowered their price objective on Entegris from $125.00 to $102.00 and set a "buy" rating for the company 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 given a buy rating to the company's stock. Based on data from MarketBeat.com, Entegris presently has an average rating of "Moderate Buy" and an average price target of $113.00.

About Entegris

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).