Entegris, Inc. (NASDAQ:ENTG) Shares Purchased by ProShare Advisors LLC

ProShare Advisors LLC boosted its stake in Entegris, Inc. (NASDAQ:ENTG) by 1.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 22,318 shares of the semiconductor company’s stock after purchasing an additional 324 shares during the period. ProShare Advisors LLC’s holdings in Entegris were worth $2,211,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Quarry LP acquired a new position in Entegris during the 4th quarter worth approximately $28,000. Proficio Capital Partners LLC acquired a new position in Entegris during the 4th quarter worth approximately $42,000. Parvin Asset Management LLC acquired a new position in Entegris during the 4th quarter worth approximately $69,000. Promus Capital LLC acquired a new position in Entegris during the 4th quarter worth approximately $71,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Entegris by 27.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company’s stock worth $73,000 after acquiring an additional 158 shares in the last quarter.

Insider Activity at Entegris

In other Entegris news, SVP Olivier Blachier sold 984 shares of the stock in a transaction 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 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 sale was disclosed in a document filed with the SEC, which is available through this link. 0.67% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

ENTG has been the topic of a number of research reports. Needham & Company LLC restated a “buy” rating and issued a $100.00 price target on shares of Entegris in a report on Tuesday. KeyCorp lowered their price target on Entegris from $130.00 to $117.00 and set an “overweight” rating on the stock in a report on Thursday, May 8th. UBS Group lowered their price target on Entegris from $90.00 to $85.00 and set a “neutral” rating on the stock in a report on Thursday, May 8th. StockNews.com cut Entegris from a “hold” rating to a “sell” rating in a report on Saturday, April 19th. Finally, Citigroup lowered their price target on Entegris from $125.00 to $102.00 and set a “buy” rating on the stock in a report on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Entegris currently has an average rating of “Moderate Buy” and an average price target of $113.00.

Entegris Price Performance

ENTG stock opened at $76.27 on Wednesday. Entegris, Inc. has a 1 year low of $60.75 and a 1 year high of $147.57. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. The stock’s 50 day moving average price is $80.42 and its 200 day moving average price is $95.30. The firm has a market cap of $11.55 billion, a P/E ratio of 39.52, a PEG ratio of 1.50 and a beta of 1.33.

Entegris (NASDAQ:ENTG) last posted its earnings results on Wednesday, May 7th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.02). Entegris had a net margin of 9.03% and a return on equity of 12.83%. The company had revenue of $773.20 million during the quarter, compared to analysts’ expectations of $790.75 million. During the same period in the previous year, the company posted $0.68 EPS. Entegris’s quarterly revenue was up .3% compared to the same quarter last year. On average, sell-side analysts expect that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Investors of record on Wednesday, April 30th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date is Wednesday, April 30th. Entegris’s payout ratio is currently 19.61%.

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).