Curi RMB Capital LLC Increases Holdings in Entegris, Inc. (NASDAQ:ENTG)

Curi RMB Capital LLC grew its holdings in Entegris, Inc. (NASDAQ:ENTG) by 1.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 251,813 shares of the semiconductor company’s stock after buying an additional 2,987 shares during the quarter. Curi RMB Capital LLC owned approximately 0.17% of Entegris worth $28,336,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Innealta Capital LLC bought a new position in Entegris in the second quarter worth about $26,000. Summit Securities Group LLC purchased a new position in shares of Entegris during the 2nd quarter worth approximately $27,000. Quarry LP bought a new position in shares of Entegris in the 2nd quarter worth approximately $27,000. Capital Performance Advisors LLP purchased a new position in shares of Entegris in the 3rd quarter valued at approximately $29,000. Finally, Opal Wealth Advisors LLC bought a new stake in shares of Entegris during the second quarter valued at approximately $31,000.

Entegris Trading Down 1.1 %

Shares of Entegris stock opened at $105.12 on Thursday. Entegris, Inc. has a 1-year low of $94.92 and a 1-year high of $147.57. The company’s fifty day simple moving average is $108.07 and its 200-day simple moving average is $120.08. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.92 and a quick ratio of 1.83. The stock has a market capitalization of $15.87 billion, a PE ratio of 69.62, a P/E/G ratio of 1.73 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last released its earnings results on Monday, November 4th. The semiconductor company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). The firm had revenue of $807.70 million for the quarter, compared to the consensus estimate of $832.44 million. Entegris had a return on equity of 12.24% and a net margin of 7.13%. Entegris’s revenue was down 9.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.68 EPS. As a group, equities analysts anticipate that Entegris, Inc. will post 3.03 earnings per share for the current year.

Entegris Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ENTG. Mizuho decreased their price objective on Entegris from $143.00 to $125.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Citigroup reduced their price objective on Entegris from $130.00 to $123.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. UBS Group dropped their target price on Entegris from $130.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, November 5th. Craig Hallum cut their price objective on shares of Entegris from $150.00 to $130.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $150.00 target price on shares of Entegris in a report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $135.40.

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).