Entegris, Inc. (NASDAQ:ENTG) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund decreased its holdings in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 2.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 589,255 shares of the semiconductor company's stock after selling 16,272 shares during the quarter. New York State Common Retirement Fund owned approximately 0.39% of Entegris worth $70,605,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Entegris by 0.8% in the third quarter. Vanguard Group Inc. now owns 14,452,886 shares of the semiconductor company's stock worth $1,357,271,000 after buying an additional 107,989 shares during the last quarter. WCM Investment Management LLC grew its position in Entegris by 0.4% during the fourth quarter. WCM Investment Management LLC now owns 5,173,163 shares of the semiconductor company's stock worth $628,177,000 after buying an additional 22,249 shares in the last quarter. London Co. of Virginia increased its holdings in Entegris by 0.6% in the 3rd quarter. London Co. of Virginia now owns 2,867,758 shares of the semiconductor company's stock valued at $269,311,000 after buying an additional 17,077 shares during the period. Earnest Partners LLC boosted its holdings in Entegris by 1.6% during the third quarter. Earnest Partners LLC now owns 1,770,010 shares of the semiconductor company's stock valued at $166,222,000 after purchasing an additional 27,810 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Entegris by 16.1% in the 3rd quarter. Invesco Ltd. now owns 1,271,148 shares of the semiconductor company's stock valued at $119,374,000 after purchasing an additional 176,029 shares in the last quarter.

Insider Buying and Selling at Entegris

In related news, insider Daniel D. Woodland sold 9,000 shares of Entegris stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $139.50, for a total transaction of $1,255,500.00. Following the completion of the transaction, the insider now owns 32,730 shares in the company, valued at $4,565,835. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Daniel D. Woodland sold 9,000 shares of Entegris stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $139.50, for a total transaction of $1,255,500.00. Following the completion of the sale, the insider now directly owns 32,730 shares of the company's stock, valued at approximately $4,565,835. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Susan G. Rice sold 17,518 shares of Entegris stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $135.86, for a total transaction of $2,379,995.48. Following the completion of the sale, the senior vice president now owns 42,931 shares of the company's stock, valued at $5,832,605.66. The disclosure for this sale can be found here. Insiders sold a total of 41,082 shares of company stock worth $5,606,849 over the last quarter. 0.67% of the stock is currently owned by insiders.

Entegris Stock Up 1.3 %

Shares of NASDAQ:ENTG traded up $1.67 during mid-day trading on Wednesday, reaching $127.84. 1,371,463 shares of the stock were exchanged, compared to its average volume of 1,379,652. The company has a market cap of $19.27 billion, a P/E ratio of 107.43 and a beta of 1.32. The stock's 50 day simple moving average is $135.98 and its 200-day simple moving average is $117.81. The company has a quick ratio of 2.67, a current ratio of 3.85 and a debt-to-equity ratio of 1.35. Entegris, Inc. has a one year low of $69.37 and a one year high of $146.91.

Entegris (NASDAQ:ENTG - Get Free Report) last released its 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 during 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%. The firm's revenue for the quarter was down 14.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.83 earnings per share. As a group, equities research analysts predict that Entegris, Inc. will post 3.27 EPS for the current year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 22nd. Investors of record on Wednesday, May 1st will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, April 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.31%. Entegris's payout ratio is 33.61%.

Analyst Ratings Changes

Several analysts have recently weighed in on ENTG shares. BMO Capital Markets raised their price objective on shares of Entegris from $130.00 to $160.00 and gave the stock an "outperform" rating in a report on Friday, February 16th. Craig Hallum upgraded shares of Entegris from a "hold" rating to a "buy" rating and set a $150.00 price target for the company in a research report on Thursday, February 15th. UBS Group increased their price objective on shares of Entegris from $90.00 to $130.00 and gave the company a "neutral" rating in a report on Thursday, February 15th. Needham & Company LLC reaffirmed a "buy" rating and set a $150.00 target price on shares of Entegris in a report on Thursday, March 7th. Finally, Citigroup upped their price objective on Entegris from $117.00 to $134.00 and gave the company a "neutral" rating in a report on Friday, February 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, Entegris currently has an average rating of "Moderate Buy" and an average target price of $141.64.

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).