Vanguard Group Inc. Buys 169,180 Shares of Entegris, Inc. (NASDAQ:ENTG)

Vanguard Group Inc. increased its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,202,146 shares of the semiconductor company’s stock after purchasing an additional 169,180 shares during the quarter. Vanguard Group Inc. owned 10.07% of Entegris worth $1,505,925,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Entegris during the 3rd quarter worth approximately $513,000. Intech Investment Management LLC raised its position in Entegris by 19.5% during the third quarter. Intech Investment Management LLC now owns 8,969 shares of the semiconductor company’s stock valued at $1,009,000 after purchasing an additional 1,464 shares in the last quarter. Raymond James Trust N.A. raised its position in Entegris by 17.5% during the third quarter. Raymond James Trust N.A. now owns 2,135 shares of the semiconductor company’s stock valued at $240,000 after purchasing an additional 318 shares in the last quarter. Cerity Partners LLC lifted its stake in Entegris by 27.3% during the third quarter. Cerity Partners LLC now owns 46,861 shares of the semiconductor company’s stock worth $5,273,000 after purchasing an additional 10,038 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its holdings in shares of Entegris by 6.5% in the 3rd quarter. Daiwa Securities Group Inc. now owns 13,621 shares of the semiconductor company’s stock valued at $1,533,000 after purchasing an additional 826 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Mizuho dropped their price objective on Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. KeyCorp dropped their target price on shares of Entegris from $150.00 to $141.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 price target on shares of Entegris in a report on Friday, February 7th. Finally, StockNews.com downgraded shares of Entegris from a “hold” rating to a “sell” rating in a research note on Monday. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $124.88.

Insider Buying and Selling at Entegris

In other news, SVP Olivier Blachier sold 984 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the completion of the sale, the senior vice president now directly owns 10,903 shares in the company, valued at $1,177,524. This represents a 8.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Clinton M. Haris sold 12,652 shares of Entegris stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $106.92, for a total value of $1,352,751.84. Following the completion of the transaction, the senior vice president now directly owns 34,820 shares of the company’s stock, valued at approximately $3,722,954.40. This trade represents a 26.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.

Entegris Price Performance

ENTG stock opened at $92.54 on Friday. The company has a market capitalization of $14.00 billion, a P/E ratio of 47.95, a PEG ratio of 1.50 and a beta of 1.32. The company has a fifty day moving average price of $101.69 and a 200-day moving average price of $104.33. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. Entegris, Inc. has a 52-week low of $90.93 and a 52-week high of $147.57.

Entegris (NASDAQ:ENTG) last announced its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. As a group, equities analysts expect that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.43%. The ex-dividend date of this dividend was Wednesday, January 29th. Entegris’s payout ratio is presently 20.73%.

Entegris Company 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).