Banque Cantonale Vaudoise Makes New Investment in Entegris, Inc. (NASDAQ:ENTG)

Banque Cantonale Vaudoise purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) in the first quarter, according to its most recent filing with the SEC. The firm purchased 3,160 shares of the semiconductor company’s stock, valued at approximately $444,000.

A number of other institutional investors and hedge funds have also modified their holdings of ENTG. Nordea Investment Management AB raised its stake in shares of Entegris by 11.5% during the 3rd quarter. Nordea Investment Management AB now owns 9,878 shares of the semiconductor company’s stock worth $936,000 after buying an additional 1,020 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Entegris by 16.1% in the third quarter. Invesco Ltd. now owns 1,271,148 shares of the semiconductor company’s stock valued at $119,374,000 after purchasing an additional 176,029 shares in the last quarter. Clearbridge Investments LLC grew its position in shares of Entegris by 3.8% in the third quarter. Clearbridge Investments LLC now owns 24,884 shares of the semiconductor company’s stock valued at $2,337,000 after purchasing an additional 915 shares during the last quarter. LPL Financial LLC increased its stake in shares of Entegris by 22.2% during the 3rd quarter. LPL Financial LLC now owns 76,156 shares of the semiconductor company’s stock worth $7,152,000 after purchasing an additional 13,834 shares in the last quarter. Finally, Stifel Financial Corp raised its position in shares of Entegris by 1.1% during the 3rd quarter. Stifel Financial Corp now owns 114,936 shares of the semiconductor company’s stock worth $10,794,000 after purchasing an additional 1,234 shares during the last quarter.

Insider Buying and Selling at Entegris

In other news, SVP James Anthony O’neill sold 6,761 shares of the stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $133.50, for a total value of $902,593.50. Following the completion of the sale, the senior vice president now owns 13,652 shares in the company, valued at $1,822,542. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Entegris news, SVP James Anthony O’neill sold 6,761 shares of the business’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $133.50, for a total value of $902,593.50. Following the transaction, the senior vice president now owns 13,652 shares in the company, valued at approximately $1,822,542. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Clinton M. Haris sold 5,005 shares of the firm’s stock in a transaction dated Friday, May 31st. The shares were sold at an average price of $124.74, for a total value of $624,323.70. Following the sale, the senior vice president now owns 34,600 shares of the company’s stock, valued at $4,316,004. The disclosure for this sale can be found here. Insiders have sold 13,752 shares of company stock valued at $1,792,723 over the last three months. 0.67% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ENTG. Wolfe Research initiated coverage on Entegris in a research report on Friday, March 1st. They issued an “outperform” rating and a $160.00 price objective on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $150.00 price target on shares of Entegris in a research note on Monday, May 13th. Finally, Mizuho boosted their price objective on shares of Entegris from $140.00 to $143.00 and gave the company a “neutral” rating in a research report on Thursday, May 2nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $148.67.

Entegris Stock Up 0.2 %

Shares of NASDAQ ENTG opened at $133.55 on Friday. The stock has a market capitalization of $20.14 billion, a PE ratio of 64.21 and a beta of 1.24. The company has a quick ratio of 2.02, a current ratio of 3.35 and a debt-to-equity ratio of 1.22. The firm has a fifty day moving average of $130.84 and a 200-day moving average of $128.04. Entegris, Inc. has a 52-week low of $84.13 and a 52-week high of $146.91.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Wednesday, May 1st. The semiconductor company reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.07. The company had revenue of $771.03 million for the quarter, compared to the consensus estimate of $769.24 million. Entegris had a return on equity of 11.94% and a net margin of 9.31%. The company’s quarterly revenue was down 16.4% compared to the same quarter last year. During the same period last year, the business posted $0.65 EPS. On average, analysts anticipate that Entegris, Inc. will post 3.25 EPS for the current year.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 22nd. Investors of record on Wednesday, May 1st were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, April 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.30%. Entegris’s dividend payout ratio (DPR) is 19.23%.

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).