12,635 Shares in Entegris, Inc. (NASDAQ:ENTG) Acquired by Vanderbilt University

Vanderbilt University acquired a new stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,635 shares of the semiconductor company's stock, valued at approximately $1,514,000. Entegris accounts for 0.4% of Vanderbilt University's portfolio, making the stock its 23rd biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. QRG Capital Management Inc. acquired a new stake in shares of Entegris during the 3rd quarter worth approximately $663,000. Crestwood Advisors Group LLC acquired a new stake in Entegris during the third quarter worth $3,087,000. Marshall Wace LLP increased its holdings in Entegris by 37.0% in the 2nd quarter. Marshall Wace LLP now owns 329,026 shares of the semiconductor company's stock valued at $36,463,000 after buying an additional 88,901 shares during the period. Nordea Investment Management AB raised its stake in shares of Entegris by 11.5% in the 3rd quarter. Nordea Investment Management AB now owns 9,878 shares of the semiconductor company's stock valued at $936,000 after buying an additional 1,020 shares in the last quarter. Finally, Gates Capital Management Inc. lifted its holdings in shares of Entegris by 9,839.3% during the 3rd quarter. Gates Capital Management Inc. now owns 701,613 shares of the semiconductor company's stock worth $65,888,000 after acquiring an additional 694,554 shares during the period.


Entegris Price Performance

Shares of ENTG traded up $2.09 during mid-day trading on Wednesday, hitting $140.41. 665,085 shares of the company traded hands, compared to its average volume of 1,415,640. Entegris, Inc. has a one year low of $69.37 and a one year high of $146.91. The business has a 50-day moving average of $133.13 and a 200 day moving average of $113.62. The company has a current ratio of 3.85, a quick ratio of 2.67 and a debt-to-equity ratio of 1.35. The stock has a market capitalization of $21.16 billion, a price-to-earnings ratio of 117.99 and a beta of 1.32.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings results on Tuesday, February 13th. The semiconductor company reported $0.65 earnings per share for the quarter, beating analysts' consensus estimates of $0.59 by $0.06. The business had revenue of $812.30 million for the quarter, compared to the consensus estimate of $780.95 million. Entegris had a net margin of 5.13% and a return on equity of 12.00%. Entegris's revenue for the quarter was down 14.1% on a year-over-year basis. During the same period last year, the company posted $0.83 EPS. As a group, equities analysts expect that Entegris, Inc. will post 3.31 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 21st. Investors of record on Wednesday, January 31st were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.28%. The ex-dividend date of this dividend was Tuesday, January 30th. Entegris's dividend payout ratio is currently 33.61%.

Analyst Ratings Changes

Several research analysts recently issued reports on ENTG shares. BMO Capital Markets increased their price target on shares of Entegris from $130.00 to $160.00 and gave the stock an "outperform" rating in a research report on Friday, February 16th. StockNews.com cut Entegris from a "hold" rating to a "sell" rating in a report on Thursday, February 22nd. Citigroup boosted their price target on Entegris from $117.00 to $134.00 and gave the company a "neutral" rating in a research note on Friday, February 16th. The Goldman Sachs Group increased their price objective on Entegris from $104.00 to $147.00 and gave the stock a "buy" rating in a research note on Thursday, February 15th. Finally, KeyCorp boosted their target price on shares of Entegris from $136.00 to $164.00 and gave the company an "overweight" rating in a research note on Thursday, February 15th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $141.64.

Read Our Latest Stock Analysis on ENTG

Insiders Place Their Bets

In other Entegris news, insider Daniel D. Woodland sold 9,000 shares of the stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $139.50, for a total value of $1,255,500.00. Following the completion of the sale, the insider now directly owns 32,730 shares in the company, valued at $4,565,835. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CAO Michael Sauer sold 1,897 shares of the business's stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $132.54, for a total value of $251,428.38. Following the sale, the chief accounting officer now directly owns 1,779 shares of the company's stock, valued at approximately $235,788.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Daniel D. Woodland sold 9,000 shares of the stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $139.50, for a total value of $1,255,500.00. Following the transaction, the insider now owns 32,730 shares of the company's stock, valued at approximately $4,565,835. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 41,082 shares of company stock worth $5,606,849. Corporate insiders own 0.67% of the company's stock.

Entegris Profile

(Free Report)

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).

Further Reading

Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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