Xponance Inc. Buys 1,474 Shares of Entegris, Inc. (NASDAQ:ENTG)

Xponance Inc. grew its stake in Entegris, Inc. (NASDAQ:ENTG) by 5.6% during the 4th quarter, HoldingsChannel reports. The firm owned 27,667 shares of the semiconductor company’s stock after acquiring an additional 1,474 shares during the quarter. Xponance Inc.’s holdings in Entegris were worth $2,741,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Corient Private Wealth LLC grew its position in Entegris by 1.1% during the 4th quarter. Corient Private Wealth LLC now owns 11,862 shares of the semiconductor company’s stock worth $1,175,000 after acquiring an additional 128 shares during the last quarter. Torray Investment Partners LLC grew its position in Entegris by 0.9% during the 4th 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 during the last quarter. Metis Global Partners LLC grew its position in Entegris by 7.1% during the 4th 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 during the last quarter. Sequoia Financial Advisors LLC grew its position in Entegris by 6.3% during the 4th quarter. Sequoia Financial Advisors LLC now owns 2,482 shares of the semiconductor company’s stock worth $246,000 after acquiring an additional 147 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its position in Entegris by 27.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company’s stock worth $73,000 after acquiring an additional 158 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ENTG. Mizuho decreased their price target on Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. KeyCorp reduced their price objective on Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. StockNews.com raised Entegris from a “sell” rating to a “hold” rating in a report on Thursday, March 13th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 price objective on shares of Entegris in a report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Entegris currently has an average rating of “Moderate Buy” and a consensus price target of $124.88.

Entegris Stock Performance

ENTG stock opened at $96.35 on Friday. The business’s fifty day moving average is $102.24 and its 200-day moving average is $104.73. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08. The company has a market cap of $14.56 billion, a P/E ratio of 49.92, a price-to-earnings-growth ratio of 1.50 and a beta of 1.32. Entegris, Inc. has a twelve month low of $92.84 and a twelve month high of $147.57.

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, beating 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%. Equities 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 was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.42%. The ex-dividend date of this dividend was Wednesday, January 29th. Entegris’s payout ratio is presently 20.73%.

Insider Buying and Selling

In related news, SVP Olivier Blachier sold 984 shares of the firm’s stock in a transaction on Friday, February 21st. The stock was 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 trade represents a 8.28 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Clinton M. Haris sold 12,652 shares of the 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 transaction, the senior vice president now owns 34,820 shares of the company’s stock, valued at approximately $3,722,954.40. This trade represents a 26.65 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by company insiders.

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).