DF Dent & Co. Inc. Has $25.02 Million Stock Position in Entegris, Inc. (NASDAQ:ENTG)

DF Dent & Co. Inc. increased its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 28.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 252,542 shares of the semiconductor company’s stock after purchasing an additional 55,926 shares during the period. DF Dent & Co. Inc. owned approximately 0.17% of Entegris worth $25,017,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. ExodusPoint Capital Management LP acquired a new position in shares of Entegris during the fourth quarter worth approximately $4,349,000. OneAscent Financial Services LLC increased its position in Entegris by 67.8% during the fourth quarter. OneAscent Financial Services LLC now owns 3,878 shares of the semiconductor company’s stock worth $384,000 after acquiring an additional 1,567 shares during the period. Bryce Point Capital LLC bought a new stake in Entegris in the 4th quarter valued at $505,000. Geode Capital Management LLC grew its position in Entegris by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 2,560,896 shares of the semiconductor company’s stock worth $253,225,000 after purchasing an additional 22,948 shares during the last quarter. Finally, National Bank of Canada FI increased its holdings in shares of Entegris by 66,855.0% during the 4th quarter. National Bank of Canada FI now owns 490,780 shares of the semiconductor company’s stock worth $48,617,000 after purchasing an additional 490,047 shares during the period.

Entegris Price Performance

Shares of ENTG stock opened at $85.82 on Thursday. The firm has a fifty day moving average of $100.13 and a 200-day moving average of $103.70. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $12.99 billion, a price-to-earnings ratio of 44.47, a price-to-earnings-growth ratio of 1.50 and a beta of 1.36. Entegris, Inc. has a 12-month low of $83.24 and a 12-month high of $147.57.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, beating 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%. On average, equities research analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were given a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.40 annualized dividend and a yield of 0.47%. Entegris’s dividend payout ratio is currently 20.73%.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

Several research analysts recently commented on ENTG shares. KeyCorp reduced their target price on Entegris from $150.00 to $141.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Mizuho lowered their price target on Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Needham & Company LLC reiterated a “buy” rating and issued a $120.00 price objective on shares of Entegris in a research report on Friday, February 7th. Finally, StockNews.com lowered shares of Entegris from a “hold” rating to a “sell” rating in a research report on Monday, March 24th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $124.88.

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).