Entegris, Inc. (NASDAQ:ENTG) Shares Bought by AQR Capital Management LLC

AQR Capital Management LLC raised its holdings in Entegris, Inc. (NASDAQ:ENTG) by 19.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,999 shares of the semiconductor company’s stock after buying an additional 486 shares during the period. AQR Capital Management LLC’s holdings in Entegris were worth $406,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ENTG. Price T Rowe Associates Inc. MD grew its holdings in shares of Entegris by 7.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 13,085,147 shares of the semiconductor company’s stock worth $1,838,988,000 after purchasing an additional 916,420 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of Entegris during the second quarter worth about $42,087,000. American Century Companies Inc. grew its holdings in shares of Entegris by 20.2% during the second quarter. American Century Companies Inc. now owns 1,523,824 shares of the semiconductor company’s stock worth $206,326,000 after purchasing an additional 256,186 shares during the last quarter. Swedbank AB grew its holdings in shares of Entegris by 520.3% during the second quarter. Swedbank AB now owns 300,361 shares of the semiconductor company’s stock worth $40,669,000 after purchasing an additional 251,938 shares during the last quarter. Finally, Norden Group LLC grew its holdings in shares of Entegris by 2,200.1% during the first quarter. Norden Group LLC now owns 224,260 shares of the semiconductor company’s stock worth $31,518,000 after purchasing an additional 214,510 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Citigroup raised Entegris from a “neutral” rating to a “buy” rating and raised their price target for the stock from $119.00 to $130.00 in a report on Monday, September 16th. Needham & Company LLC reissued a “buy” rating and set a $150.00 price target on shares of Entegris in a report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft lowered their price target on 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 on the stock in a report on Thursday, August 1st. Finally, BMO Capital Markets lowered their price target on Entegris from $160.00 to $145.00 and set an “outperform” rating on the stock in a report on Thursday, August 1st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, Entegris has an average rating of “Moderate Buy” and a consensus price target of $146.40.

Entegris Trading Down 7.9 %

Entegris stock opened at $102.63 on Wednesday. The company has a 50 day moving average price of $110.63 and a 200 day moving average price of $124.15. Entegris, Inc. has a 52 week low of $84.13 and a 52 week high of $147.57. The company has a debt-to-equity ratio of 1.18, a quick ratio of 2.14 and a current ratio of 3.58. The firm has a market capitalization of $15.48 billion, a price-to-earnings ratio of 49.34, a P/E/G ratio of 1.48 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last released its quarterly earnings results 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. The business had revenue of $812.60 million for the quarter, compared to the consensus estimate of $802.43 million. Entegris had a net margin of 5.61% and a return on equity of 12.03%. Entegris’s revenue for the quarter was down 9.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.66 EPS. Research analysts forecast that Entegris, Inc. will post 3.13 EPS for the current year.

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).