Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Inspire Investing LLC

Inspire Investing LLC lessened its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,229 shares of the semiconductor company’s stock after selling 546 shares during the period. Inspire Investing LLC’s holdings in Entegris were worth $1,608,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Quarry LP acquired a new position in shares of Entegris during the 2nd quarter worth $27,000. Capital Performance Advisors LLP purchased a new stake in Entegris during the third quarter worth about $29,000. Blue Trust Inc. grew its position in Entegris by 221.3% during the third quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company’s stock worth $39,000 after buying an additional 239 shares during the period. Fortitude Family Office LLC lifted its position in shares of Entegris by 195.7% during the 4th quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 274 shares during the period. Finally, Covestor Ltd increased its stake in Entegris by 241.8% in the 3rd quarter. Covestor Ltd now owns 417 shares of the semiconductor company’s stock valued at $47,000 after purchasing an additional 295 shares in the last quarter.

Entegris Trading Up 0.4 %

Shares of NASDAQ:ENTG opened at $107.19 on Thursday. Entegris, Inc. has a fifty-two week low of $94.92 and a fifty-two week high of $147.57. The company has a quick ratio of 1.83, a current ratio of 2.92 and a debt-to-equity ratio of 1.14. The company has a market cap of $16.19 billion, a PE ratio of 70.99, a P/E/G ratio of 1.43 and a beta of 1.24. The company’s 50-day moving average price is $103.58 and its 200 day moving average price is $110.00.

Entegris (NASDAQ:ENTG) last issued 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). The business had revenue of $807.70 million during the quarter, compared to the consensus estimate of $832.44 million. Entegris had a return on equity of 12.24% and a net margin of 7.13%. The business’s quarterly revenue was down 9.1% compared to the same quarter last year. During the same period last year, the company earned $0.68 earnings per share. Sell-side analysts anticipate that Entegris, Inc. will post 2.95 earnings per share for the current year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.37%. The ex-dividend date of this dividend is Wednesday, January 29th. Entegris’s payout ratio is currently 26.49%.

Analysts Set New Price Targets

ENTG has been the topic of several research reports. UBS Group lowered their target price on Entegris from $130.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, November 5th. Mizuho dropped their price objective on Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Craig Hallum dropped their price target on Entegris from $150.00 to $130.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. BMO Capital Markets dropped their target price on shares of Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. Finally, KeyCorp reduced their price target on Entegris from $154.00 to $150.00 and set an “overweight” rating on the stock in a research report on Friday, January 10th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $134.50.

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).