Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. lessened its stake in Entegris, Inc. (NASDAQ:ENTG) by 12.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 11,893 shares of the semiconductor company’s stock after selling 1,728 shares during the period. Daiwa Securities Group Inc.’s holdings in Entegris were worth $1,178,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in ENTG. Torray Investment Partners LLC grew its stake in shares of Entegris by 0.9% in the fourth quarter. Torray Investment Partners LLC now owns 15,266 shares of the semiconductor company’s stock worth $1,512,000 after acquiring an additional 129 shares in the last quarter. Huntington National Bank grew its stake in shares of Entegris by 41.0% in the third quarter. Huntington National Bank now owns 454 shares of the semiconductor company’s stock worth $51,000 after acquiring an additional 132 shares in the last quarter. Metis Global Partners LLC grew its stake in shares of Entegris by 7.1% in the fourth quarter. Metis Global Partners LLC now owns 2,049 shares of the semiconductor company’s stock worth $203,000 after acquiring an additional 135 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Entegris by 27.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company’s stock worth $73,000 after acquiring an additional 158 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of Entegris by 13.5% in the fourth quarter. Jones Financial Companies Lllp now owns 1,330 shares of the semiconductor company’s stock worth $132,000 after acquiring an additional 158 shares in the last quarter.

Entegris Stock Performance

NASDAQ ENTG opened at $98.37 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86. Entegris, Inc. has a 1 year low of $92.84 and a 1 year high of $147.57. The company has a market capitalization of $14.87 billion, a PE ratio of 50.97, a P/E/G ratio of 1.50 and a beta of 1.32. The company has a fifty day moving average of $102.34 and a two-hundred day moving average of $105.18.

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

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were paid a dividend of $0.10 per share. The ex-dividend date was Wednesday, January 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.41%. Entegris’s dividend payout ratio (DPR) is 20.73%.

Insider Transactions at Entegris

In related news, SVP Clinton M. Haris sold 12,652 shares of the stock in a transaction dated 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 directly owns 34,820 shares of the company’s stock, valued at $3,722,954.40. This represents a 26.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Olivier Blachier sold 984 shares of the stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $108.00, for a total transaction of $106,272.00. Following the transaction, the senior vice president now directly owns 10,903 shares of the company’s stock, valued at $1,177,524. This represents a 8.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. StockNews.com raised shares of Entegris from a “sell” rating to a “hold” rating in a research report on Thursday. KeyCorp decreased their price objective on shares of Entegris from $150.00 to $141.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 price objective on shares of Entegris in a research report on Friday, February 7th. Finally, Mizuho decreased their price objective on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $124.88.

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).