Strs Ohio cut its holdings in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) by 34.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 118,190 shares of the semiconductor company’s stock after selling 63,379 shares during the quarter. Strs Ohio owned approximately 0.08% of Entegris worth $9,958,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of ENTG. Ameriflex Group Inc. purchased a new stake in Entegris during the 3rd quarter worth approximately $25,000. Steph & Co. purchased a new stake in Entegris during the 4th quarter worth approximately $25,000. ORG Wealth Partners LLC increased its holdings in Entegris by 862.1% during the 3rd quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 250 shares during the last quarter. SBI Securities Co. Ltd. increased its holdings in Entegris by 260.8% during the 3rd quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 206 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Entegris during the 4th quarter worth approximately $29,000.
Entegris Price Performance
Shares of ENTG opened at $138.96 on Tuesday. The company has a market cap of $21.12 billion, a P/E ratio of 80.32, a PEG ratio of 2.55 and a beta of 1.40. The stock has a fifty day moving average price of $128.28 and a 200 day moving average price of $108.07. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05. Entegris, Inc. has a 12 month low of $66.32 and a 12 month high of $159.15.
Entegris Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Wednesday, April 29th. Entegris’s payout ratio is 23.12%.
Insider Activity at Entegris
In other Entegris news, insider Bertrand Loy sold 59,516 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $138.95, for a total transaction of $8,269,748.20. Following the completion of the transaction, the insider owned 268,089 shares in the company, valued at approximately $37,250,966.55. The trade was a 18.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Daniel D. Woodland sold 30,474 shares of the business’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $130.65, for a total value of $3,981,428.10. Following the transaction, the senior vice president owned 46,904 shares of the company’s stock, valued at $6,128,007.60. This trade represents a 39.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 218,395 shares of company stock worth $30,165,611 in the last ninety days. 0.53% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
ENTG has been the subject of a number of research analyst reports. Mizuho set a $175.00 price target on Entegris in a report on Friday. Zacks Research downgraded Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. The Goldman Sachs Group reiterated a “sell” rating and issued a $115.00 price target on shares of Entegris in a report on Friday. Oppenheimer reiterated an “outperform” rating and issued a $160.00 price target on shares of Entegris in a report on Friday. Finally, KeyCorp boosted their price target on Entegris from $111.00 to $156.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Seven analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $153.78.
Get Our Latest Stock Report on Entegris
Entegris Profile
Entegris, Inc is a leading provider of advanced materials and process control solutions for the semiconductor and other high-technology industries. The company develops and supplies a broad portfolio of products designed to ensure purity and reliability throughout the manufacturing process, helping customers address critical contamination and yield challenges.
Entegris’s product offerings include high-purity chemicals and specialty materials, liquid and gas filtration and purification systems, and sophisticated wafer and chip handling solutions.
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