Elo Mutual Pension Insurance Co Has $1.41 Million Holdings in Entegris, Inc. (NASDAQ:ENTG)

Elo Mutual Pension Insurance Co grew its holdings in Entegris, Inc. (NASDAQ:ENTG) by 6.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,254 shares of the semiconductor company’s stock after purchasing an additional 860 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Entegris were worth $1,412,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in ENTG. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Entegris by 12.9% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 112,430 shares of the semiconductor company’s stock worth $11,310,000 after buying an additional 12,856 shares in the last quarter. EFG Asset Management North America Corp. increased its stake in shares of Entegris by 34.1% in the fourth quarter. EFG Asset Management North America Corp. now owns 21,594 shares of the semiconductor company’s stock worth $2,139,000 after acquiring an additional 5,493 shares during the last quarter. Walnut Level Capital LLC acquired a new position in shares of Entegris in the fourth quarter worth $2,328,000. Vanguard Group Inc. raised its holdings in shares of Entegris by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 15,202,146 shares of the semiconductor company’s stock worth $1,505,925,000 after acquiring an additional 169,180 shares in the last quarter. Finally, LPL Financial LLC grew its stake in Entegris by 36.0% in the fourth quarter. LPL Financial LLC now owns 98,123 shares of the semiconductor company’s stock valued at $9,720,000 after purchasing an additional 25,980 shares in the last quarter.

Insiders Place Their Bets

In related news, SVP Clinton M. Haris sold 12,652 shares of the business’s stock in a transaction on Monday, February 10th. The shares were 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 approximately $3,722,954.40. The trade was a 26.65 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Olivier Blachier sold 984 shares of the company’s 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 transaction, the senior vice president now 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. Company insiders own 0.67% of the company’s stock.

Entegris Price Performance

Shares of Entegris stock opened at $88.74 on Friday. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. The firm has a fifty day simple moving average of $101.34 and a 200-day simple moving average of $104.19. The stock has a market capitalization of $13.43 billion, a price-to-earnings ratio of 45.98, a PEG ratio of 1.50 and a beta of 1.32. Entegris, Inc. has a 1-year low of $87.72 and a 1-year high of $147.57.

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

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date was Wednesday, January 29th. Entegris’s dividend payout ratio (DPR) is currently 20.73%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ENTG. StockNews.com downgraded Entegris from a “hold” rating to a “sell” rating in a research note on Monday, March 24th. Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 price objective on shares of Entegris in a research report on Friday, February 7th. Mizuho decreased their target price on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. 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 report on Friday, February 7th. One 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 company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $124.88.

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).