Amundi Has $11.68 Million Stake in Entegris, Inc. (NASDAQ:ENTG)

Amundi reduced its stake in Entegris, Inc. (NASDAQ:ENTG) by 3.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 117,026 shares of the semiconductor company’s stock after selling 3,760 shares during the quarter. Amundi owned approximately 0.08% of Entegris worth $11,675,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of ENTG. Mountaineer Partners Management LLC raised its position in Entegris by 16,255.1% in the 3rd quarter. Mountaineer Partners Management LLC now owns 11,044,594 shares of the semiconductor company’s stock valued at $1,242,848,000 after buying an additional 10,977,064 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Entegris in the 4th quarter valued at $91,869,000. Principal Financial Group Inc. raised its position in Entegris by 130.8% in the 3rd quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company’s stock valued at $155,287,000 after buying an additional 781,955 shares during the last quarter. Swedbank AB raised its position in Entegris by 249.7% in the 3rd quarter. Swedbank AB now owns 1,050,361 shares of the semiconductor company’s stock valued at $118,197,000 after buying an additional 750,000 shares during the last quarter. Finally, James Hambro & Partners LLP purchased a new stake in Entegris in the 4th quarter valued at $72,845,000.

Insiders Place Their Bets

In other Entegris news, SVP Olivier Blachier sold 984 shares of the firm’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $108.00, for a total value of $106,272.00. Following the completion of the transaction, the senior vice president now owns 10,903 shares in the company, valued at $1,177,524. This trade represents a 8.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Clinton M. Haris sold 12,652 shares of the firm’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $106.92, for a total value 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 approximately $3,722,954.40. This represents a 26.65 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by corporate insiders.

Entegris Stock Up 4.2 %

ENTG stock opened at $98.37 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. The company has a market capitalization of $14.87 billion, a price-to-earnings ratio of 50.97, a PEG ratio of 1.50 and a beta of 1.32. Entegris, Inc. has a fifty-two week low of $92.84 and a fifty-two week high of $147.57. The stock has a fifty day moving average of $102.34 and a 200-day moving average of $105.25.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. As a group, equities research analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were paid a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.40 annualized dividend and a yield of 0.41%. Entegris’s dividend payout ratio is currently 20.73%.

Analyst Ratings Changes

A number of research firms recently commented on ENTG. StockNews.com raised Entegris from a “sell” rating to a “hold” rating in a research report on Thursday. KeyCorp decreased their target price 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 decreased their target price on Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 target price on shares of Entegris in a research report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $124.88.

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).