Vanderbilt University Has $3.53 Million Stake in Entegris, Inc. (NASDAQ:ENTG)

Vanderbilt University boosted its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 29.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,302 shares of the semiconductor company's stock after buying an additional 9,051 shares during the quarter. Vanderbilt University's holdings in Entegris were worth $3,526,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Retirement Systems of Alabama bought a new position in Entegris in the 1st quarter valued at approximately $16,091,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in Entegris by 3.0% in the 1st quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 12,971 shares of the semiconductor company's stock valued at $1,151,000 after buying an additional 383 shares during the last quarter. Global X Japan Co. Ltd. raised its holdings in Entegris by 2.4% in the 1st quarter. Global X Japan Co. Ltd. now owns 12,545 shares of the semiconductor company's stock valued at $1,097,000 after buying an additional 300 shares during the last quarter. State of Alaska Department of Revenue bought a new position in Entegris in the 1st quarter valued at approximately $1,548,000. Finally, Louisbourg Investments Inc. raised its holdings in Entegris by 45.4% in the 1st quarter. Louisbourg Investments Inc. now owns 31,640 shares of the semiconductor company's stock valued at $2,768,000 after buying an additional 9,875 shares during the last quarter.

Analysts Set New Price Targets

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

Entegris Trading Up 0.7%

Entegris stock traded up $0.55 during mid-day trading on Monday, hitting $75.97. 2,175,637 shares of the stock were exchanged, compared to its average volume of 2,692,236. The company has a quick ratio of 1.95, a current ratio of 3.26 and a debt-to-equity ratio of 1.06. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $147.57. The firm's fifty day simple moving average is $75.76 and its two-hundred day simple moving average is $90.13. The stock has a market capitalization of $11.50 billion, a price-to-earnings ratio of 37.24, a PEG ratio of 1.69 and a beta of 1.24.

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 (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 12.48% and a net margin of 9.57%. The firm's revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.68 EPS. Analysts forecast that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

The business 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 annualized dividend and a dividend yield of 0.53%. The ex-dividend date of this dividend was Wednesday, April 30th. Entegris's dividend payout ratio (DPR) is 19.61%.

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).