Entegris, Inc. (NASDAQ:ENTG) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets lessened its stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 12.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 388,432 shares of the semiconductor company's stock after selling 55,966 shares during the period. BNP Paribas Financial Markets owned approximately 0.26% of Entegris worth $46,542,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of ENTG. WCM Investment Management LLC boosted its position in Entegris by 0.4% in the fourth quarter. WCM Investment Management LLC now owns 5,173,163 shares of the semiconductor company's stock valued at $628,177,000 after buying an additional 22,249 shares during the last quarter. California Public Employees Retirement System raised its holdings in shares of Entegris by 17.6% during the fourth quarter. California Public Employees Retirement System now owns 257,147 shares of the semiconductor company's stock worth $30,811,000 after purchasing an additional 38,557 shares during the last quarter. QRG Capital Management Inc. purchased a new position in shares of Entegris during the third quarter worth $663,000. Crestwood Advisors Group LLC acquired a new position in Entegris during the third quarter valued at $3,087,000. Finally, Parkside Financial Bank & Trust boosted its holdings in Entegris by 20.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,357 shares of the semiconductor company's stock valued at $163,000 after purchasing an additional 229 shares during the last quarter.

Insider Buying and Selling at Entegris

In related news, CAO Michael Sauer sold 1,897 shares of the business's stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $132.54, for a total transaction of $251,428.38. Following the transaction, the chief accounting officer now directly owns 1,779 shares in the company, valued at $235,788.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Entegris news, SVP Susan G. Rice sold 17,518 shares of the company's stock in a transaction on Friday, February 16th. The stock was sold at an average price of $135.86, for a total value of $2,379,995.48. Following the completion of the sale, the senior vice president now directly owns 42,931 shares in the company, valued at approximately $5,832,605.66. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CAO Michael Sauer sold 1,897 shares of Entegris stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $132.54, for a total value of $251,428.38. Following the transaction, the chief accounting officer now owns 1,779 shares in the company, valued at approximately $235,788.66. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 41,082 shares of company stock worth $5,606,849. Corporate insiders own 0.67% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ENTG shares. The Goldman Sachs Group boosted their price objective on Entegris from $104.00 to $147.00 and gave the company a "buy" rating in a report on Thursday, February 15th. Mizuho lifted their target price on shares of Entegris from $140.00 to $143.00 and gave the company a "neutral" rating in a report on Thursday, May 2nd. Wolfe Research started coverage on shares of Entegris in a report on Friday, March 1st. They set an "outperform" rating and a $160.00 price target on the stock. Craig Hallum upgraded shares of Entegris from a "hold" rating to a "buy" rating and set a $150.00 price target on the stock in a research report on Thursday, February 15th. Finally, BMO Capital Markets upped their price objective 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. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $146.10.

Entegris Price Performance

Shares of ENTG stock traded up $2.17 on Friday, reaching $131.55. 1,447,841 shares of the company were exchanged, compared to its average volume of 1,495,704. Entegris, Inc. has a 1 year low of $84.13 and a 1 year high of $146.91. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.02 and a current ratio of 3.35. The business has a 50-day moving average price of $135.05 and a 200 day moving average price of $121.07. The company has a market cap of $19.84 billion, a price-to-earnings ratio of 63.25 and a beta of 1.31.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings data on Wednesday, May 1st. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.07. Entegris had a return on equity of 11.94% and a net margin of 9.31%. The company had revenue of $771.03 million for the quarter, compared to analysts' expectations of $769.24 million. During the same period in the previous year, the firm posted $0.65 EPS. Entegris's revenue was down 16.4% compared to the same quarter last year. Equities research analysts forecast that Entegris, Inc. will post 3.3 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 22nd. Investors of record on Wednesday, May 1st will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.30%. The ex-dividend date of this dividend is Tuesday, April 30th. Entegris's dividend payout ratio is currently 19.23%.

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).