Atria Investments Inc Has $2.93 Million Stock Holdings in Entegris, Inc. (NASDAQ:ENTG)

Atria Investments Inc boosted its position in Entegris, Inc. (NASDAQ:ENTG) by 2.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 25,999 shares of the semiconductor company’s stock after acquiring an additional 680 shares during the period. Atria Investments Inc’s holdings in Entegris were worth $2,926,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of ENTG. Innealta Capital LLC bought a new stake in Entegris in the second quarter valued at approximately $26,000. Quarry LP acquired a new stake in Entegris during the 2nd quarter valued at $27,000. Summit Securities Group LLC bought a new position in Entegris during the second quarter worth $27,000. Opal Wealth Advisors LLC acquired a new position in shares of Entegris in the second quarter valued at $31,000. Finally, Capital Performance Advisors LLP bought a new position in shares of Entegris in the third quarter valued at about $29,000.

Entegris Stock Performance

ENTG opened at $105.12 on Thursday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.83 and a current ratio of 2.92. Entegris, Inc. has a 52-week low of $94.92 and a 52-week high of $147.57. The firm has a market cap of $15.87 billion, a P/E ratio of 69.62, a price-to-earnings-growth ratio of 1.73 and a beta of 1.24. The business’s fifty day moving average is $108.07 and its 200-day moving average is $120.08.

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

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 20th. Investors 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 dividend payout ratio (DPR) is 26.49%.

Wall Street Analyst Weigh In

Several analysts recently commented on ENTG shares. Citigroup reduced their target price on shares of Entegris from $130.00 to $123.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft decreased their target price on Entegris from $145.00 to $115.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. BMO Capital Markets dropped their price target on Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $150.00 price objective on shares of Entegris in a report on Thursday, August 1st. Finally, Mizuho dropped their target price on Entegris from $143.00 to $125.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $135.40.

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).