2 weeks Ago By ABMN Staff
Forsta AP Fonden lessened its stake in shares of Entegris, Inc. ( NASDAQ:ENTG – Free Report ) by 4.7% in the 2nd quarter, according to its most recent disclosure with the SEC.
The firm owned 28,200 shares of the semiconductor company’s stock after selling 1,400 shares during the period. Forsta AP Fonden’s holdings in Entegris were worth $3,818,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also bought and sold shares of ENTG.
Innealta Capital LLC purchased a new position in shares of Entegris during the 2nd quarter valued at $26,000. Summit Securities Group LLC purchased a new position in shares of Entegris in the second quarter valued at about $27,000. Trust Co.
of Vermont bought a new position in shares of Entegris in the fourth quarter worth about $31,000. Opal Wealth Advisors LLC purchased a new stake in shares of Entegris during the second quarter worth about $31,000. Finally, ORG Partners LLC bought a new stake in Entegris during the 1st quarter valued at approximately $33,000.
Analyst Ratings Changes Several research firms have weighed in on ENTG. Deutsche Bank Aktiengesellschaft dropped their price target on Entegris from $160.00 to $145.
00 and set a “buy” rating for the company in a research note on Thursday, August 1st. Mizuho raised shares of Entegris from a “neutral” rating to an “outperform” rating and set a $143.00 target price for the company in a research note on Thursday, August 1st.
Needham & Company LLC reiterated a “buy” rating and issued a $150.00 price target on shares of Entegris in a research note on Thursday, August 1st. Finally, BMO Capital Markets cut their price objective on Entegris from $160.
00 to $145.00 and set an “outperform” rating for the company in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the stock.
Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $146.80.
Entegris Stock Up 2.3 % Shares of NASDAQ:ENTG opened at $110.67 on Monday.
The company has a 50-day moving average price of $118.13 and a 200 day moving average price of $128.48.
The company has a current ratio of 3.58, a quick ratio of 2.14 and a debt-to-equity ratio of 1.
18. Entegris, Inc. has a 12 month low of $84.
13 and a 12 month high of $147.57. The company has a market cap of $16.
71 billion, a price-to-earnings ratio of 53.21, a PEG ratio of 1.49 and a beta of 1.
24. Entegris ( NASDAQ:ENTG – Get Free Report ) last posted its quarterly earnings data on Wednesday, July 31st. The semiconductor company reported $0.
71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.01.
The business had revenue of $812.60 million during the quarter, compared to analyst estimates of $802.43 million.
Entegris had a return on equity of 12.03% and a net margin of 5.61%.
The company’s revenue for the quarter was down 9.8% on a year-over-year basis. During the same period last year, the company earned $0.
66 EPS. As a group, equities research analysts predict that Entegris, Inc. will post 3.
14 earnings per share for the current year. Entegris Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 21st. Shareholders of record on Wednesday, July 31st were paid a dividend of $0.
10 per share. This represents a $0.40 annualized dividend and a yield of 0.
36%. The ex-dividend date of this dividend was Wednesday, July 31st. Entegris’s payout ratio is 19.
23%. Insider Buying and Selling at Entegris In related news, insider Daniel D. Woodland sold 15,000 shares of Entegris stock in a transaction dated Wednesday, July 3rd.
The shares were sold at an average price of $140.00, for a total transaction of $2,100,000.00.
Following the completion of the transaction, the insider now directly owns 37,457 shares of the company’s stock, valued at approximately $5,243,980. The transaction was disclosed in a filing with the SEC, which is available through the SEC website . In other news, CEO Bertrand Loy sold 27,044 shares of Entegris stock in a transaction on Wednesday, July 3rd.
The stock was sold at an average price of $140.63, for a total transaction of $3,803,197.72.
Following the completion of the sale, the chief executive officer now directly owns 263,068 shares in the company, valued at $36,995,252.84. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website .
Also, insider Daniel D. Woodland sold 15,000 shares of the business’s stock in a transaction on Wednesday, July 3rd. The shares were sold at an average price of $140.
00, for a total transaction of $2,100,000.00. Following the sale, the insider now directly owns 37,457 shares of the company’s stock, valued at $5,243,980.
The disclosure for this sale can be found here . Insiders have sold 57,044 shares of company stock worth $8,078,198 over the last quarter. Insiders own 0.
67% of the company’s stock. About Entegris ( Free Report ) 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).
Further Reading Want to see what other hedge funds are holding ENTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Entegris, Inc. ( NASDAQ:ENTG – Free Report ).
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