Janus Henderson Group PLC Purchases 9,676 Shares of Entegris, Inc. (NASDAQ:ENTG)

Janus Henderson Group PLC increased its position in Entegris, Inc. (NASDAQ:ENTG) by 2.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 442,065 shares of the semiconductor company’s stock after purchasing an additional 9,676 shares during the quarter. Janus Henderson Group PLC’s holdings in Entegris were worth $43,791,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Swedbank AB lifted its holdings in shares of Entegris by 47.7% during the fourth quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company’s stock valued at $153,636,000 after acquiring an additional 500,581 shares during the period. National Bank of Canada FI lifted its holdings in shares of Entegris by 66,855.0% during the fourth quarter. National Bank of Canada FI now owns 490,780 shares of the semiconductor company’s stock valued at $48,617,000 after acquiring an additional 490,047 shares during the period. Argent Capital Management LLC lifted its holdings in shares of Entegris by 9.9% during the fourth quarter. Argent Capital Management LLC now owns 31,066 shares of the semiconductor company’s stock valued at $3,077,000 after acquiring an additional 2,793 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Entegris by 14.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,060,378 shares of the semiconductor company’s stock valued at $105,041,000 after acquiring an additional 137,046 shares during the period. Finally, Callan Family Office LLC acquired a new stake in shares of Entegris in the fourth quarter valued at $308,000.

Entegris Price Performance

Shares of ENTG stock opened at $83.14 on Wednesday. The stock has a 50-day moving average price of $82.30 and a 200 day moving average price of $96.30. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08. The firm has a market cap of $12.59 billion, a price-to-earnings ratio of 43.08, a PEG ratio of 1.50 and a beta of 1.33. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $147.57.

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

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Wednesday, April 30th will be paid a $0.10 dividend. The ex-dividend date is Wednesday, April 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.48%. Entegris’s dividend payout ratio (DPR) is presently 19.61%.

Insider Activity

In other news, SVP Olivier Blachier sold 984 shares of the company’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 sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.67% of the stock is currently owned by company insiders.

Analyst Ratings Changes

ENTG has been the subject of a number of research reports. Needham & Company LLC lowered their target price on Entegris from $120.00 to $100.00 and set a “buy” rating for the company in a research note on Thursday, May 8th. Citigroup lowered their target price on Entegris from $125.00 to $102.00 and set a “buy” rating for the company in a research note on Thursday, May 8th. KeyCorp lowered their target price on Entegris from $130.00 to $117.00 and set an “overweight” rating for the company in a research note on Thursday, May 8th. StockNews.com lowered Entegris from a “hold” rating to a “sell” rating in a research note on Saturday, April 19th. Finally, UBS Group lowered their target price on Entegris from $90.00 to $85.00 and set a “neutral” rating for the company in a research note on Thursday, May 8th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $113.00.

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).