Entegris, Inc. (NASDAQ:ENTG) Stock Holdings Lowered by Fiera Capital Corp

Fiera Capital Corp cut its position in Entegris, Inc. (NASDAQ:ENTG) by 33.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 555,285 shares of the semiconductor company’s stock after selling 274,959 shares during the quarter. Fiera Capital Corp owned about 0.37% of Entegris worth $62,486,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of ENTG. Inspire Advisors LLC lifted its position in shares of Entegris by 1.3% in the 1st quarter. Inspire Advisors LLC now owns 5,785 shares of the semiconductor company’s stock valued at $813,000 after acquiring an additional 77 shares in the last quarter. Wedmont Private Capital grew its holdings in shares of Entegris by 5.9% during the second quarter. Wedmont Private Capital now owns 1,609 shares of the semiconductor company’s stock valued at $232,000 after buying an additional 90 shares in the last quarter. Everpar Advisors LLC raised its position in Entegris by 6.5% during the second quarter. Everpar Advisors LLC now owns 1,656 shares of the semiconductor company’s stock valued at $224,000 after buying an additional 101 shares during the period. Arizona State Retirement System lifted its stake in Entegris by 0.3% in the 2nd quarter. Arizona State Retirement System now owns 41,406 shares of the semiconductor company’s stock worth $5,606,000 after acquiring an additional 105 shares in the last quarter. Finally, Fulton Bank N.A. boosted its position in Entegris by 0.9% during the 2nd quarter. Fulton Bank N.A. now owns 11,703 shares of the semiconductor company’s stock worth $1,585,000 after acquiring an additional 108 shares during the period.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ENTG. Mizuho lowered their price objective on shares of Entegris from $143.00 to $125.00 and set an “outperform” rating on the stock in a research report on Tuesday. BMO Capital Markets reduced their target price on shares of Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a research note on Tuesday. Citigroup decreased their target price on shares of Entegris from $130.00 to $123.00 and set a “buy” rating for the company in a research report on Wednesday. Deutsche Bank Aktiengesellschaft cut their price target on shares of Entegris from $145.00 to $115.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, KeyCorp decreased their price objective on shares of Entegris from $164.00 to $154.00 and set an “overweight” rating for the company in a report on Tuesday. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $135.40.

Entegris Stock Performance

NASDAQ ENTG traded down $2.49 during trading on Friday, hitting $105.72. The company’s stock had a trading volume of 425,214 shares, compared to its average volume of 1,652,339. Entegris, Inc. has a 52 week low of $90.24 and a 52 week high of $147.57. The firm has a market cap of $15.96 billion, a P/E ratio of 71.66, a price-to-earnings-growth ratio of 1.36 and a beta of 1.24. The firm has a 50 day moving average price of $108.64 and a 200 day moving average price of $120.77. The company has a quick ratio of 2.14, a current ratio of 3.58 and a debt-to-equity ratio of 1.18.

Entegris (NASDAQ:ENTG) last released its earnings results on Monday, November 4th. The semiconductor company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.01). The company had revenue of $807.70 million for the quarter, compared to analyst estimates of $832.44 million. Entegris had a net margin of 7.13% and a return on equity of 12.37%. Entegris’s revenue for the quarter was down 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.68 earnings per share. Equities research analysts forecast that Entegris, Inc. will post 3.13 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, October 30th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, October 30th. This represents a $0.40 annualized dividend and a yield of 0.38%. Entegris’s dividend payout ratio is 26.49%.

About Entegris

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).