Entegris, Inc. (NASDAQ:ENTG) Position Boosted by Mesirow Institutional Investment Management Inc.

Mesirow Institutional Investment Management Inc. grew its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 36.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 33,488 shares of the semiconductor company's stock after acquiring an additional 8,870 shares during the quarter. Mesirow Institutional Investment Management Inc.'s holdings in Entegris were worth $3,317,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Barclays PLC lifted its position in shares of Entegris by 44.2% during the 3rd quarter. Barclays PLC now owns 963,157 shares of the semiconductor company's stock worth $108,383,000 after buying an additional 295,358 shares during the last quarter. M&T Bank Corp lifted its position in Entegris by 3.2% in the third quarter. M&T Bank Corp now owns 55,222 shares of the semiconductor company's stock valued at $6,214,000 after acquiring an additional 1,697 shares during the last quarter. Virtu Financial LLC acquired a new position in Entegris in the third quarter valued at $782,000. Sanctuary Advisors LLC grew its holdings in shares of Entegris by 22.1% during the third quarter. Sanctuary Advisors LLC now owns 13,038 shares of the semiconductor company's stock worth $1,398,000 after purchasing an additional 2,356 shares during the last quarter. Finally, Tidal Investments LLC increased its position in shares of Entegris by 119.2% during the third quarter. Tidal Investments LLC now owns 42,780 shares of the semiconductor company's stock worth $4,814,000 after purchasing an additional 23,262 shares in the last quarter.

Analysts Set New Price Targets

A number of analysts recently issued reports on ENTG shares. KeyCorp decreased their target price on Entegris from $141.00 to $130.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. StockNews.com downgraded shares of Entegris from a "hold" rating to a "sell" rating in a research report on Saturday, April 19th. Mizuho dropped their price objective on shares of Entegris from $125.00 to $120.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. Finally, Needham & Company LLC reissued a "buy" rating and set a $120.00 price target on shares of Entegris in a report on Friday, February 7th. 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 stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $123.50.

Insider Activity at Entegris

In other news, SVP Olivier Blachier sold 984 shares of the business's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $108.00, for a total transaction of $106,272.00. Following the completion of the sale, the senior vice president now owns 10,903 shares in the company, valued at approximately $1,177,524. The trade was a 8.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Clinton M. Haris sold 12,652 shares of Entegris stock in a transaction on Monday, February 10th. The shares were sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the transaction, the senior vice president now owns 34,820 shares in the company, valued at $3,722,954.40. The trade was a 26.65 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.61% of the company's stock.

Entegris Price Performance

Shares of Entegris stock traded up $1.02 during trading on Friday, reaching $80.73. The company's stock had a trading volume of 1,200,910 shares, compared to its average volume of 2,320,151. The business has a 50 day moving average price of $87.99 and a 200-day moving average price of $98.63. The company has a market capitalization of $12.22 billion, a P/E ratio of 41.87, a price-to-earnings-growth ratio of 1.50 and a beta of 1.36. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08. Entegris, Inc. has a 12-month low of $60.75 and a 12-month high of $147.57.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.77 by $0.07. Entegris had a net margin of 9.03% and a return on equity of 12.83%. As a group, sell-side analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.50%. The ex-dividend date is Wednesday, April 30th. Entegris's payout ratio is 20.73%.

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).