Callahan Advisors LLC Sells 640 Shares of Entegris, Inc. (NASDAQ:ENTG)

Callahan Advisors LLC trimmed its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,839 shares of the semiconductor company’s stock after selling 640 shares during the quarter. Callahan Advisors LLC’s holdings in Entegris were worth $2,377,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Allworth Financial LP grew its stake in Entegris by 7.3% during the fourth quarter. Allworth Financial LP now owns 1,463 shares of the semiconductor company’s stock worth $175,000 after buying an additional 100 shares during the last quarter. Covenant Partners LLC lifted its position in shares of Entegris by 3.4% during the second quarter. Covenant Partners LLC now owns 3,044 shares of the semiconductor company’s stock worth $337,000 after purchasing an additional 101 shares in the last quarter. Rehmann Capital Advisory Group lifted its position in shares of Entegris by 4.3% during the third quarter. Rehmann Capital Advisory Group now owns 2,615 shares of the semiconductor company’s stock worth $246,000 after purchasing an additional 108 shares in the last quarter. Toroso Investments LLC lifted its position in shares of Entegris by 3.3% during the third quarter. Toroso Investments LLC now owns 3,478 shares of the semiconductor company’s stock worth $327,000 after purchasing an additional 110 shares in the last quarter. Finally, Caprock Group LLC lifted its position in shares of Entegris by 4.0% during the fourth quarter. Caprock Group LLC now owns 3,032 shares of the semiconductor company’s stock worth $363,000 after purchasing an additional 117 shares in the last quarter.

Wall Street Analysts Forecast Growth

ENTG has been the topic of a number of research reports. Mizuho reiterated a “neutral” rating and set a $140.00 target price on shares of Entegris in a research report on Tuesday, February 20th. Needham & Company LLC reiterated a “buy” rating and set a $150.00 target price on shares of Entegris in a research report on Thursday, March 7th. KeyCorp upped their target price on shares of Entegris from $136.00 to $164.00 and gave the stock an “overweight” rating in a research report on Thursday, February 15th. BMO Capital Markets increased their price objective on shares of Entegris from $130.00 to $160.00 and gave the company an “outperform” rating in a report on Friday, February 16th. Finally, The Goldman Sachs Group increased their price objective on shares of Entegris from $104.00 to $147.00 and gave the company a “buy” rating in a report on Thursday, February 15th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, Entegris presently has a consensus rating of “Moderate Buy” and a consensus target price of $141.64.

Insider Transactions at Entegris

In other news, CAO Michael Sauer sold 1,897 shares of the stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $132.54, for a total transaction of $251,428.38. Following the completion of the sale, the chief accounting officer now owns 1,779 shares of the company’s stock, valued at $235,788.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CAO Michael Sauer sold 1,897 shares of the stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $132.54, for a total transaction of $251,428.38. Following the completion of the sale, the chief accounting officer now owns 1,779 shares of the company’s stock, valued at $235,788.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Daniel D. Woodland sold 9,000 shares of the stock in a transaction on Friday, February 16th. The stock was sold at an average price of $139.50, for a total transaction of $1,255,500.00. Following the sale, the insider now directly owns 32,730 shares of the company’s stock, valued at approximately $4,565,835. The disclosure for this sale can be found here. Insiders sold 41,082 shares of company stock valued at $5,606,849 over the last quarter. Corporate insiders own 0.67% of the company’s stock.

Entegris Trading Up 2.6 %

ENTG traded up $3.57 during mid-day trading on Friday, hitting $138.85. The stock had a trading volume of 935,332 shares, compared to its average volume of 1,279,662. The stock’s fifty day simple moving average is $133.73 and its 200-day simple moving average is $114.25. The company has a debt-to-equity ratio of 1.35, a current ratio of 3.85 and a quick ratio of 2.67. The firm has a market capitalization of $20.93 billion, a price-to-earnings ratio of 116.68 and a beta of 1.32. Entegris, Inc. has a 1-year low of $69.37 and a 1-year high of $146.91.

Entegris (NASDAQ:ENTG) last posted its earnings results on Tuesday, February 13th. The semiconductor company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.06. The company had revenue of $812.30 million for the quarter, compared to analyst estimates of $780.95 million. Entegris had a net margin of 5.13% and a return on equity of 12.00%. The business’s revenue for the quarter was down 14.1% compared to the same quarter last year. During the same period last year, the business posted $0.83 earnings per share. As a group, research analysts forecast that Entegris, Inc. will post 3.31 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 21st. Stockholders of record on Wednesday, January 31st were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.29%. The ex-dividend date was Tuesday, January 30th. Entegris’s dividend payout ratio is 33.61%.

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).