American Century Companies Inc. Has $147.03 Million Stock Holdings in Entegris, Inc. (NASDAQ:ENTG)

American Century Companies Inc. reduced its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 3.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,484,203 shares of the semiconductor company’s stock after selling 57,419 shares during the period. American Century Companies Inc. owned about 0.98% of Entegris worth $147,025,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in ENTG. Fortitude Family Office LLC grew its holdings in Entegris by 195.7% during the 4th quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company’s stock worth $41,000 after acquiring an additional 274 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in Entegris in the fourth quarter valued at $42,000. Eagle Bay Advisors LLC raised its position in Entegris by 4,375.0% during the 4th quarter. Eagle Bay Advisors LLC now owns 716 shares of the semiconductor company’s stock worth $71,000 after purchasing an additional 700 shares during the last quarter. Promus Capital LLC acquired a new position in Entegris during the 4th quarter worth about $71,000. Finally, Smartleaf Asset Management LLC grew its position in shares of Entegris by 27.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company’s stock valued at $73,000 after buying an additional 158 shares during the last quarter.

Entegris Stock Down 2.7 %

Shares of NASDAQ ENTG opened at $96.35 on Monday. 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 firm has a market cap of $14.58 billion, a PE ratio of 49.92, a P/E/G ratio of 1.50 and a beta of 1.32. The company’s fifty day simple moving average is $102.24 and its 200 day simple moving average is $104.67. Entegris, Inc. has a 12-month low of $92.84 and a 12-month high of $147.57.

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, topping analysts’ consensus estimates 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, sell-side analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.42%. Entegris’s dividend payout ratio is 20.73%.

Analyst Upgrades and Downgrades

ENTG has been the topic of a number of recent analyst reports. Mizuho cut their price objective on Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. KeyCorp dropped their price target on shares of Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. StockNews.com upgraded shares of Entegris from a “sell” rating to a “hold” rating in a research report on Thursday, March 13th. Finally, Needham & Company LLC restated a “buy” rating and issued a $120.00 target price on shares of Entegris in a report on Friday, February 7th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $124.88.

Insider Transactions at Entegris

In other news, SVP Olivier Blachier sold 984 shares of Entegris 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 completion of the transaction, the senior vice president now directly owns 10,903 shares in the company, valued at $1,177,524. This trade represents a 8.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Clinton M. Haris sold 12,652 shares of the company’s stock in a transaction dated Monday, February 10th. The stock was 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 owns 34,820 shares in the company, valued at $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 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).