Entegris, Inc. (NASDAQ:ENTG) Shares Bought by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC grew its position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 26.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,173 shares of the semiconductor company's stock after purchasing an additional 5,398 shares during the quarter. Tower Research Capital LLC TRC's holdings in Entegris were worth $2,593,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Entegris by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 15,202,146 shares of the semiconductor company's stock valued at $1,505,925,000 after buying an additional 169,180 shares in the last quarter. Norges Bank acquired a new stake in Entegris in the 4th quarter valued at $445,988,000. Cantillon Capital Management LLC increased its holdings in Entegris by 12.6% in the 4th quarter. Cantillon Capital Management LLC now owns 2,616,354 shares of the semiconductor company's stock worth $259,176,000 after acquiring an additional 291,893 shares in the last quarter. Geode Capital Management LLC raised its position in Entegris by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 2,560,896 shares of the semiconductor company's stock worth $253,225,000 after acquiring an additional 22,948 shares during the period. Finally, Swedbank AB lifted its holdings in Entegris by 47.7% during the fourth quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company's stock valued at $153,636,000 after purchasing an additional 500,581 shares in the last quarter.

Entegris Trading Up 1.3 %

Entegris stock traded up $1.02 during mid-day trading on Friday, hitting $80.73. The company's stock had a trading volume of 2,787,961 shares, compared to its average volume of 2,335,294. Entegris, Inc. has a 1 year low of $60.75 and a 1 year high of $147.57. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $12.22 billion, a PE ratio of 41.83, a price-to-earnings-growth ratio of 1.50 and a beta of 1.36. The stock's fifty day moving average is $87.46 and its two-hundred day moving average is $98.28.

Entegris (NASDAQ:ENTG - Get Free Report) last issued 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 return on equity of 12.83% and a net margin of 9.03%. On average, analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

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

Insider Buying and Selling at Entegris

In other news, SVP Olivier Blachier sold 984 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the sale, the senior vice president now owns 10,903 shares of the company's stock, valued at approximately $1,177,524. This represents a 8.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Clinton M. Haris sold 12,652 shares of Entegris stock in a transaction that occurred 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 completion of the transaction, the senior vice president now owns 34,820 shares of the company's stock, 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 owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have recently commented on ENTG. Needham & Company LLC reissued a "buy" rating and set a $120.00 target price on shares of Entegris in a research note on Friday, February 7th. StockNews.com lowered Entegris from a "hold" rating to a "sell" rating in a research note on Saturday, April 19th. Mizuho reduced their price objective on Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a research note on Tuesday, January 7th. Finally, KeyCorp dropped their target price on shares of Entegris from $141.00 to $130.00 and set an "overweight" rating for the company in a report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Entegris currently has a consensus rating of "Moderate Buy" and a consensus target price of $123.50.

Entegris 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).