Yousif Capital Management LLC Takes Position in Entegris, Inc. (NASDAQ:ENTG)

Yousif Capital Management LLC purchased a new position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 52,320 shares of the semiconductor company's stock, valued at approximately $4,577,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of Entegris in the 4th quarter valued at about $445,988,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Entegris by 33.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 11,194,612 shares of the semiconductor company's stock valued at $1,108,940,000 after purchasing an additional 2,826,463 shares during the period. D1 Capital Partners L.P. raised its holdings in shares of Entegris by 329.4% in the 4th quarter. D1 Capital Partners L.P. now owns 2,752,902 shares of the semiconductor company's stock valued at $272,702,000 after purchasing an additional 2,111,801 shares during the period. Deutsche Bank AG raised its holdings in shares of Entegris by 434.1% in the 4th quarter. Deutsche Bank AG now owns 1,470,162 shares of the semiconductor company's stock valued at $145,634,000 after purchasing an additional 1,194,903 shares during the period. Finally, TPG GP A LLC bought a new stake in shares of Entegris in the 4th quarter valued at about $115,639,000.

Entegris Stock Up 3.9%

Shares of Entegris stock traded up $2.91 during trading on Monday, hitting $78.25. The company's stock had a trading volume of 3,396,004 shares, compared to its average volume of 2,670,795. The company has a market capitalization of $11.85 billion, a PE ratio of 40.54, a P/E/G ratio of 1.50 and a beta of 1.24. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $147.57. The company has a fifty day simple moving average of $75.52 and a two-hundred day simple moving average of $91.27.

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 analysts' consensus estimates of $0.69 by ($0.02). The business had revenue of $773.20 million during the quarter, compared to analysts' expectations of $790.75 million. Entegris had a return on equity of 12.83% and a net margin of 9.03%. The business's quarterly revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.68 EPS. Equities research analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Stockholders of record on Wednesday, April 30th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date was Wednesday, April 30th. Entegris's dividend payout ratio is currently 19.61%.

Wall Street Analysts Forecast Growth

ENTG has been the topic of a number of research reports. Wall Street Zen lowered shares of Entegris from a "hold" rating to a "sell" rating in a research note on Saturday, April 19th. Citigroup decreased their target price 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 set a $100.00 target price on shares of Entegris in a research report on Tuesday, May 20th. KeyCorp decreased their target price on shares of Entegris from $130.00 to $117.00 and set an "overweight" rating on the stock in a research report on Thursday, May 8th. Finally, UBS Group cut their price target 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. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $113.00.

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).