OneDigital Investment Advisors LLC Has $777,000 Stake in Entegris, Inc. (NASDAQ:ENTG)

OneDigital Investment Advisors LLC lowered its stake in Entegris, Inc. (NASDAQ:ENTG) by 6.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 6,904 shares of the semiconductor company’s stock after selling 466 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Entegris were worth $777,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several research analysts recently commented on the stock. Craig Hallum dropped their target price on shares of Entegris from $150.00 to $130.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. KeyCorp dropped their price objective on Entegris from $164.00 to $154.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 5th. UBS Group decreased their target price on Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft dropped their price target on Entegris from $145.00 to $115.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Finally, 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. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Entegris currently has an average rating of “Moderate Buy” and a consensus target price of $135.40.

Entegris Stock Performance

ENTG opened at $99.43 on Wednesday. The stock’s 50 day simple moving average is $107.44 and its 200-day simple moving average is $119.15. The company has a current ratio of 2.92, a quick ratio of 1.83 and a debt-to-equity ratio of 1.14. The stock has a market cap of $15.01 billion, a PE ratio of 65.85, a P/E/G ratio of 1.59 and a beta of 1.24. Entegris, Inc. has a 1 year low of $94.92 and a 1 year high of $147.57.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.01). The business had revenue of $807.70 million during the quarter, compared to the consensus estimate of $832.44 million. Entegris had a net margin of 7.13% and a return on equity of 12.24%. The company’s quarterly revenue was down 9.1% compared to the same quarter last year. During the same period last year, the firm earned $0.68 EPS. Sell-side analysts forecast that Entegris, Inc. will post 3.03 EPS 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 dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.40%. The ex-dividend date is Wednesday, October 30th. 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).