Natixis Purchases New Position in Entegris, Inc. (NASDAQ:ENTG)

Natixis bought a new position in Entegris, Inc. (NASDAQ:ENTG - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 100,675 shares of the semiconductor company's stock, valued at approximately $9,973,000. Natixis owned about 0.07% of Entegris at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Fortitude Family Office LLC boosted its position in shares of Entegris by 195.7% during the fourth quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company's stock valued at $41,000 after buying an additional 274 shares during the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Entegris during the 4th quarter valued at about $42,000. Eagle Bay Advisors LLC grew its stake in shares of Entegris by 4,375.0% in the fourth quarter. Eagle Bay Advisors LLC now owns 716 shares of the semiconductor company's stock worth $71,000 after acquiring an additional 700 shares during the period. Promus Capital LLC purchased a new position in shares of Entegris during the fourth quarter valued at approximately $71,000. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Entegris by 27.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company's stock valued at $73,000 after purchasing an additional 158 shares during the last quarter.

Entegris Stock Performance

Entegris stock traded up $1.02 during midday trading on Friday, hitting $80.73. The stock had a trading volume of 2,787,961 shares, compared to its average volume of 2,330,251. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. Entegris, Inc. has a 52-week low of $60.75 and a 52-week high of $147.57. The company has a market capitalization of $12.22 billion, a PE ratio of 41.83, a P/E/G ratio of 1.50 and a beta of 1.36. The firm's fifty day moving average is $87.46 and its two-hundred day moving average is $98.43.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) 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%. On average, research analysts forecast that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Wednesday, April 30th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date is Wednesday, April 30th. Entegris's dividend payout ratio (DPR) is 20.73%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on ENTG shares. Needham & Company LLC reiterated a "buy" rating and set a $120.00 target price on shares of Entegris in a research note on Friday, February 7th. StockNews.com downgraded Entegris from a "hold" rating to a "sell" rating in a report on Saturday, April 19th. KeyCorp cut their price target on Entegris from $141.00 to $130.00 and set an "overweight" rating for the company in a research note on Monday, April 14th. Finally, 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 report on Tuesday, January 7th. One equities research 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 data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $123.50.

Insider Buying and Selling

In other Entegris news, SVP Olivier Blachier sold 984 shares of the stock in a transaction that occurred on Friday, February 21st. The shares were 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 directly owns 10,903 shares of the company's stock, valued at $1,177,524. This trade represents a 8.28 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Clinton M. Haris sold 12,652 shares of the business's stock in a transaction on Monday, February 10th. The stock was sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the completion of the transaction, the senior vice president now directly owns 34,820 shares in the company, valued at $3,722,954.40. This trade represents a 26.65 % decrease in their position. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by company insiders.

About Entegris

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).