Values First Advisors Inc. lifted its position in Entegris, Inc. (NASDAQ:ENTG – Free Report) by 55.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,004 shares of the semiconductor company’s stock after acquiring an additional 2,130 shares during the quarter. Values First Advisors Inc.’s holdings in Entegris were worth $595,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in the business. AQR Capital Management LLC raised its holdings in shares of Entegris by 19.3% in the 2nd quarter. AQR Capital Management LLC now owns 2,999 shares of the semiconductor company’s stock valued at $406,000 after purchasing an additional 486 shares in the last quarter. CWM LLC increased its holdings in Entegris by 18.0% during the third quarter. CWM LLC now owns 2,960 shares of the semiconductor company’s stock valued at $333,000 after buying an additional 452 shares during the period. Livforsakringsbolaget Skandia Omsesidigt raised its stake in Entegris by 276.8% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,089 shares of the semiconductor company’s stock worth $123,000 after buying an additional 800 shares in the last quarter. Creative Planning lifted its holdings in Entegris by 17.9% during the third quarter. Creative Planning now owns 14,212 shares of the semiconductor company’s stock worth $1,599,000 after buying an additional 2,153 shares during the period. Finally, Swedbank AB lifted its holdings in Entegris by 249.7% during the third quarter. Swedbank AB now owns 1,050,361 shares of the semiconductor company’s stock worth $118,197,000 after buying an additional 750,000 shares during the period.
Entegris Stock Up 1.9 %
NASDAQ:ENTG opened at $107.77 on Thursday. The company has a current ratio of 2.92, a quick ratio of 1.83 and a debt-to-equity ratio of 1.14. Entegris, Inc. has a twelve month low of $94.92 and a twelve month high of $147.57. The company has a market cap of $16.27 billion, a PE ratio of 55.84, a P/E/G ratio of 1.49 and a beta of 1.24. The company’s 50 day moving average is $103.21 and its two-hundred day moving average is $106.60.
Entegris Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, January 29th. This represents a $0.40 annualized dividend and a yield of 0.37%. Entegris’s payout ratio is presently 20.73%.
Insider Activity
In other Entegris news, 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 sale, the senior vice president now directly owns 34,820 shares in the company, valued at approximately $3,722,954.40. The trade was a 26.65 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.67% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on ENTG shares. KeyCorp reduced their price target on Entegris from $150.00 to $141.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Mizuho cut their target price on Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. UBS Group decreased their price target on shares of Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Entegris in a research report on Friday, February 7th. Finally, Craig Hallum reduced their price objective on shares of Entegris from $150.00 to $130.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $130.60.
Read Our Latest Analysis on Entegris
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).
See Also
- Five stocks we like better than Entegris
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Inflation Persists, But So Do Stock Opportunities: Rally On
- What Are Dividend Contenders? Investing in Dividend Contenders
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
Receive News & Ratings for Entegris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entegris and related companies with MarketBeat.com's FREE daily email newsletter.