Entegris, Inc. (NASDAQ:ENTG) Stock Holdings Boosted by Xponance Inc.

Xponance Inc. raised its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 5.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,667 shares of the semiconductor company’s stock after purchasing an additional 1,474 shares during the quarter. Xponance Inc.’s holdings in Entegris were worth $2,741,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ENTG. Fortitude Family Office LLC boosted its stake in 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 purchasing an additional 274 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Entegris during the 4th quarter valued at $42,000. Eagle Bay Advisors LLC boosted its stake in shares of Entegris by 4,375.0% during the 4th quarter. Eagle Bay Advisors LLC now owns 716 shares of the semiconductor company’s stock worth $71,000 after acquiring an additional 700 shares in the last quarter. Promus Capital LLC bought a new stake in shares of Entegris during the 4th quarter worth $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 Buying and Selling at Entegris

In other Entegris news, SVP Clinton M. Haris sold 12,652 shares of the business’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $106.92, for a total value of $1,352,751.84. Following the transaction, the senior vice president now owns 34,820 shares in the company, valued at $3,722,954.40. The trade was a 26.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Olivier Blachier sold 984 shares of the business’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $108.00, for a total value of $106,272.00. Following the completion of the sale, the senior vice president now directly owns 10,903 shares of the company’s stock, valued at $1,177,524. This represents a 8.28 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on ENTG shares. StockNews.com raised Entegris from a “sell” rating to a “hold” rating in a research note on Thursday, March 13th. Needham & Company LLC reissued a “buy” rating and set a $120.00 price objective on shares of Entegris in a research note on Friday, February 7th. Mizuho reduced their price objective on Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Finally, KeyCorp reduced their price objective on Entegris from $150.00 to $141.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $124.88.

Entegris Stock Performance

Shares of ENTG stock opened at $96.35 on Friday. Entegris, Inc. has a 1-year low of $92.84 and a 1-year high of $147.57. 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 company has a market capitalization of $14.56 billion, a price-to-earnings ratio of 49.92, a P/E/G ratio of 1.50 and a beta of 1.32. The stock’s fifty day simple moving average is $102.24 and its 200-day simple moving average is $104.73.

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

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were paid a $0.10 dividend. The ex-dividend date was Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.42%. Entegris’s dividend payout ratio (DPR) is currently 20.73%.

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).