O Shaughnessy Asset Management LLC Buys 1,676 Shares of Entegris, Inc. (NASDAQ:ENTG)

O Shaughnessy Asset Management LLC grew its position in Entegris, Inc. (NASDAQ:ENTG) by 19.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 10,433 shares of the semiconductor company’s stock after acquiring an additional 1,676 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Entegris were worth $1,033,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of ENTG. Schroder Investment Management Group boosted its position in Entegris by 26.7% during the 4th quarter. Schroder Investment Management Group now owns 630,195 shares of the semiconductor company’s stock worth $62,730,000 after buying an additional 132,942 shares during the period. Allstate Corp acquired a new position in shares of Entegris during the fourth quarter worth $447,000. Brown Brothers Harriman & Co. grew its stake in shares of Entegris by 10.3% in the fourth quarter. Brown Brothers Harriman & Co. now owns 511,742 shares of the semiconductor company’s stock worth $50,693,000 after purchasing an additional 47,703 shares during the last quarter. Pictet Asset Management Holding SA increased its holdings in Entegris by 1.7% in the fourth quarter. Pictet Asset Management Holding SA now owns 58,435 shares of the semiconductor company’s stock valued at $5,789,000 after purchasing an additional 1,002 shares during the period. Finally, Norges Bank bought a new position in Entegris during the 4th quarter worth $445,988,000.

Insider Buying and Selling

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

Entegris Trading Up 2.2 %

Shares of ENTG stock opened at $66.84 on Tuesday. Entegris, Inc. has a 1 year low of $60.75 and a 1 year high of $147.57. The company’s fifty day simple moving average is $98.04 and its two-hundred day simple moving average is $102.72. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86. The stock has a market capitalization of $10.11 billion, a price-to-earnings ratio of 34.63, a PEG ratio of 1.50 and a beta of 1.36.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.07. Entegris had a net margin of 9.03% and a return on equity of 12.83%. As a group, analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were issued a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.60%. Entegris’s payout ratio is currently 20.73%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ENTG. KeyCorp decreased their target price on shares of Entegris from $150.00 to $141.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Needham & Company LLC reiterated a “buy” rating and set a $120.00 price objective on shares of Entegris in a research report on Friday, February 7th. Mizuho dropped their target price on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Finally, StockNews.com upgraded Entegris from a “sell” rating to a “hold” rating in a report on Thursday, April 3rd. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, Entegris presently has a consensus rating of “Moderate Buy” and a consensus price target of $124.88.

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).