Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado decreased its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 3.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,395 shares of the semiconductor company’s stock after selling 563 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Entegris were worth $2,084,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in ENTG. Innealta Capital LLC purchased a new position in Entegris during the second quarter worth about $26,000. Summit Securities Group LLC purchased a new position in shares of Entegris during the 2nd quarter worth about $27,000. Opal Wealth Advisors LLC acquired a new stake in shares of Entegris in the second quarter worth approximately $31,000. ORG Partners LLC purchased a new stake in Entegris in the first quarter valued at approximately $33,000. Finally, Trust Co. of Vermont purchased a new stake in Entegris in the fourth quarter valued at approximately $31,000.

Insider Transactions at Entegris

In other Entegris news, insider Daniel D. Woodland sold 15,000 shares of the stock in a transaction on Wednesday, July 3rd. The shares were sold at an average price of $140.00, for a total transaction of $2,100,000.00. Following the transaction, the insider now directly owns 37,457 shares in the company, valued at approximately $5,243,980. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Entegris news, CEO Bertrand Loy sold 27,044 shares of the company’s stock in a transaction that occurred on Wednesday, July 3rd. The stock was sold at an average price of $140.63, for a total transaction of $3,803,197.72. Following the sale, the chief executive officer now owns 263,068 shares in the company, valued at $36,995,252.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Daniel D. Woodland sold 15,000 shares of Entegris stock in a transaction that occurred on Wednesday, July 3rd. The stock was sold at an average price of $140.00, for a total value of $2,100,000.00. Following the completion of the transaction, the insider now owns 37,457 shares of the company’s stock, valued at approximately $5,243,980. The disclosure for this sale can be found here. Over the last quarter, insiders sold 57,044 shares of company stock valued at $8,078,198. 0.67% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

ENTG has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Entegris from $160.00 to $145.00 and set a “buy” rating on the stock in a report on Thursday, August 1st. Mizuho raised Entegris from a “neutral” rating to an “outperform” rating and set a $143.00 price target for the company in a research report on Thursday, August 1st. Needham & Company LLC restated a “buy” rating and issued a $150.00 price objective on shares of Entegris in a report on Thursday, August 1st. BMO Capital Markets reduced their price objective on Entegris from $160.00 to $145.00 and set an “outperform” rating on the stock in a research note on Thursday, August 1st. Finally, Citigroup raised shares of Entegris from a “neutral” rating to a “buy” rating and increased their target price for the stock from $119.00 to $130.00 in a research report on Monday, September 16th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $146.40.

Entegris Trading Up 0.8 %

NASDAQ ENTG opened at $111.58 on Tuesday. The company’s fifty day simple moving average is $114.40 and its 200-day simple moving average is $127.33. The stock has a market cap of $16.83 billion, a P/E ratio of 53.64, a PEG ratio of 1.49 and a beta of 1.24. Entegris, Inc. has a 52 week low of $84.13 and a 52 week high of $147.57. The company has a current ratio of 3.58, a quick ratio of 2.14 and a debt-to-equity ratio of 1.18.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Wednesday, July 31st. The semiconductor company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.01. Entegris had a net margin of 5.61% and a return on equity of 12.03%. The company had revenue of $812.60 million during the quarter, compared to analysts’ expectations of $802.43 million. During the same period in the prior year, the company posted $0.66 EPS. The firm’s revenue for the quarter was down 9.8% on a year-over-year basis. Equities research analysts predict that Entegris, Inc. will post 3.14 EPS for the current fiscal year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 21st. Shareholders of record on Wednesday, July 31st were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date was Wednesday, July 31st. Entegris’s payout ratio is 19.23%.

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).