Mn Services Vermogensbeheer B.V. Purchases 500 Shares of Entegris, Inc. (NASDAQ:ENTG)

Mn Services Vermogensbeheer B.V. increased its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 0.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 71,800 shares of the semiconductor company’s stock after buying an additional 500 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Entegris were worth $8,603,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. BlackRock Inc. grew its holdings in shares of Entegris by 2.4% during the first quarter. BlackRock Inc. now owns 16,294,681 shares of the semiconductor company’s stock worth $1,336,327,000 after buying an additional 386,767 shares in the last quarter. Vanguard Group Inc. grew its stake in Entegris by 0.8% in the third quarter. Vanguard Group Inc. now owns 14,452,886 shares of the semiconductor company’s stock valued at $1,357,271,000 after purchasing an additional 107,989 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in Entegris by 7.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 10,672,981 shares of the semiconductor company’s stock valued at $700,041,000 after purchasing an additional 748,491 shares in the last quarter. Sands Capital Management LLC grew its stake in Entegris by 6.1% in the second quarter. Sands Capital Management LLC now owns 9,329,123 shares of the semiconductor company’s stock valued at $1,033,853,000 after purchasing an additional 536,532 shares in the last quarter. Finally, WCM Investment Management LLC grew its stake in Entegris by 0.4% in the fourth quarter. WCM Investment Management LLC now owns 5,173,163 shares of the semiconductor company’s stock valued at $628,177,000 after purchasing an additional 22,249 shares in the last quarter.

Entegris Stock Down 0.9 %

ENTG stock opened at $131.67 on Tuesday. The business’s fifty day moving average price is $135.65 and its two-hundred day moving average price is $116.34. The stock has a market capitalization of $19.85 billion, a price-to-earnings ratio of 110.65 and a beta of 1.32. Entegris, Inc. has a fifty-two week low of $69.37 and a fifty-two week high of $146.91. The company has a debt-to-equity ratio of 1.35, a current ratio of 3.85 and a quick ratio of 2.67.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Tuesday, February 13th. The semiconductor company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.06. Entegris had a net margin of 5.13% and a return on equity of 12.00%. The business had revenue of $812.30 million during the quarter, compared to analysts’ expectations of $780.95 million. During the same quarter in the previous year, the company earned $0.83 EPS. The business’s revenue was down 14.1% on a year-over-year basis. On average, equities analysts anticipate that Entegris, Inc. will post 3.31 earnings per share for the current year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 21st. Investors of record on Wednesday, January 31st were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date of this dividend was Tuesday, January 30th. Entegris’s dividend payout ratio is currently 33.61%.

Insider Buying and Selling at Entegris

In other news, CAO Michael Sauer sold 1,897 shares of the stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $132.54, for a total transaction of $251,428.38. Following the sale, the chief accounting officer now directly owns 1,779 shares of the company’s stock, valued at approximately $235,788.66. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CAO Michael Sauer sold 1,897 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $132.54, for a total transaction of $251,428.38. Following the completion of the sale, the chief accounting officer now owns 1,779 shares of the company’s stock, valued at approximately $235,788.66. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Daniel D. Woodland sold 9,000 shares of the stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $139.50, for a total transaction of $1,255,500.00. Following the sale, the insider now owns 32,730 shares in the company, valued at approximately $4,565,835. The disclosure for this sale can be found here. Insiders sold 41,082 shares of company stock valued at $5,606,849 in the last three months. Corporate insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

ENTG has been the subject of a number of analyst reports. Needham & Company LLC restated a “buy” rating and issued a $150.00 price target on shares of Entegris in a research note on Thursday, March 7th. KeyCorp raised their price target on Entegris from $136.00 to $164.00 and gave the company an “overweight” rating in a research note on Thursday, February 15th. The Goldman Sachs Group raised their price target on Entegris from $104.00 to $147.00 and gave the company a “buy” rating in a research note on Thursday, February 15th. Citigroup boosted their target price on Entegris from $117.00 to $134.00 and gave the stock a “neutral” rating in a report on Friday, February 16th. Finally, BMO Capital Markets raised their price target on Entegris from $130.00 to $160.00 and gave the company an “outperform” rating in a report on Friday, February 16th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $141.64.

Entegris Company 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).