Fox Run Management L.L.C. Has $357,000 Holdings in Entegris, Inc. (NASDAQ:ENTG)

Fox Run Management L.L.C. lowered its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 42.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,607 shares of the semiconductor company’s stock after selling 2,621 shares during the period. Fox Run Management L.L.C.’s holdings in Entegris were worth $357,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Pathstone Holdings LLC boosted its stake in Entegris by 3.9% during the 3rd quarter. Pathstone Holdings LLC now owns 16,635 shares of the semiconductor company’s stock worth $1,872,000 after acquiring an additional 631 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Entegris by 4.2% in the third quarter. PNC Financial Services Group Inc. now owns 15,716 shares of the semiconductor company’s stock worth $1,769,000 after purchasing an additional 627 shares during the period. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Entegris during the third quarter worth $513,000. Intech Investment Management LLC grew its holdings in shares of Entegris by 19.5% in the 3rd quarter. Intech Investment Management LLC now owns 8,969 shares of the semiconductor company’s stock valued at $1,009,000 after buying an additional 1,464 shares during the period. Finally, Raymond James Trust N.A. increased its position in shares of Entegris by 17.5% in the 3rd quarter. Raymond James Trust N.A. now owns 2,135 shares of the semiconductor company’s stock valued at $240,000 after buying an additional 318 shares in the last quarter.

Insiders Place Their Bets

In other Entegris news, SVP Clinton M. Haris sold 12,652 shares of the business’s stock in a transaction that occurred 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Olivier Blachier sold 984 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $108.00, for a total value of $106,272.00. Following the completion of the sale, the senior vice president now directly owns 10,903 shares of the company’s stock, valued at approximately $1,177,524. The trade was a 8.28 % 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.

Analyst Upgrades and Downgrades

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

Entegris Stock Down 1.9 %

Entegris stock opened at $92.44 on Thursday. The company has a fifty day simple moving average of $101.94 and a 200 day simple moving average of $104.41. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. Entegris, Inc. has a 1-year low of $91.29 and a 1-year high of $147.57. The company has a market cap of $13.99 billion, a P/E ratio of 47.90, a price-to-earnings-growth ratio of 1.50 and a beta of 1.32.

Entegris (NASDAQ:ENTG) last released its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. Research analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

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

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).