Entegris, Inc. (NASDAQ:ENTG) Shares Bought by First National Advisers LLC

First National Advisers LLC increased its holdings in Entegris, Inc. (NASDAQ:ENTG) by 4.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,721 shares of the semiconductor company’s stock after purchasing an additional 1,165 shares during the quarter. First National Advisers LLC’s holdings in Entegris were worth $2,846,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Mountaineer Partners Management LLC raised its holdings 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 worth $1,242,848,000 after purchasing an additional 10,977,064 shares during the period. Cantillon Capital Management LLC raised its holdings in Entegris by 12.6% in the 4th quarter. Cantillon Capital Management LLC now owns 2,616,354 shares of the semiconductor company’s stock worth $259,176,000 after purchasing an additional 291,893 shares during the period. Geode Capital Management LLC raised its holdings in Entegris by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 2,537,948 shares of the semiconductor company’s stock worth $284,941,000 after purchasing an additional 49,846 shares during the period. Swedbank AB raised its holdings in Entegris by 47.7% in the 4th quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company’s stock worth $153,636,000 after purchasing an additional 500,581 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in Entegris by 0.9% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,503,656 shares of the semiconductor company’s stock worth $169,206,000 after purchasing an additional 12,913 shares during the period.

Entegris Price Performance

ENTG stock 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. The business has a 50 day simple moving average of $102.34 and a 200-day simple moving average of $105.18. The firm has a market capitalization of $14.87 billion, a PE ratio of 50.97, a price-to-earnings-growth ratio of 1.50 and a beta of 1.32. Entegris, Inc. has a 1 year low of $92.84 and a 1 year high of $147.57.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 EPS 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 anticipate that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date was Wednesday, January 29th. Entegris’s dividend payout ratio is presently 20.73%.

Insider Activity at Entegris

In related news, SVP Olivier Blachier sold 984 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $108.00, for a total value of $106,272.00. Following the transaction, the senior vice president now directly owns 10,903 shares in the company, valued at approximately $1,177,524. This represents a 8.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Clinton M. Haris sold 12,652 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The shares were 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 in the company, valued at $3,722,954.40. This represents a 26.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on ENTG shares. StockNews.com upgraded Entegris from a “sell” rating to a “hold” rating in a research note on Thursday. Mizuho cut their price objective on Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Needham & Company LLC reiterated a “buy” rating and set a $120.00 price objective on shares of Entegris in a research note on Friday, February 7th. Finally, KeyCorp cut their price objective on Entegris from $150.00 to $141.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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).