4,561 Shares in Entegris, Inc. (NASDAQ:ENTG) Acquired by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Entegris, Inc. (NASDAQ:ENTG) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 4,561 shares of the semiconductor company’s stock, valued at approximately $513,000.

Several other large investors have also modified their holdings of ENTG. Innealta Capital LLC purchased a new stake in Entegris in the 2nd quarter valued at $26,000. Quarry LP acquired a new stake in shares of Entegris during the second quarter worth about $27,000. Summit Securities Group LLC purchased a new position in shares of Entegris during the second quarter worth about $27,000. Opal Wealth Advisors LLC purchased a new position in shares of Entegris during the second quarter worth about $31,000. Finally, Capital Performance Advisors LLP purchased a new position in shares of Entegris in the 3rd quarter valued at approximately $29,000.

Analyst Upgrades and Downgrades

ENTG has been the subject of several recent research reports. Mizuho decreased their price target on Entegris from $143.00 to $125.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. KeyCorp reduced their target price on shares of Entegris from $164.00 to $154.00 and set an “overweight” rating for the company in a research note on Tuesday, November 5th. Craig Hallum lowered their target price on shares of Entegris from $150.00 to $130.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Entegris from $145.00 to $115.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Finally, Citigroup lowered their price objective on Entegris from $130.00 to $123.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, Entegris presently has an average rating of “Moderate Buy” and an average target price of $135.40.

Entegris Price Performance

Shares of NASDAQ:ENTG opened at $105.63 on Friday. Entegris, Inc. has a 12 month low of $94.92 and a 12 month high of $147.57. The firm has a market capitalization of $15.95 billion, a price-to-earnings ratio of 69.95, a price-to-earnings-growth ratio of 1.73 and a beta of 1.24. The business’s 50 day simple moving average is $106.62 and its 200-day simple moving average is $118.04. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.92 and a quick ratio of 1.83.

Entegris (NASDAQ:ENTG) last posted its earnings results on Monday, November 4th. The semiconductor company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.01). Entegris had a net margin of 7.13% and a return on equity of 12.24%. The business had revenue of $807.70 million for the quarter, compared to analysts’ expectations of $832.44 million. During the same quarter last year, the business posted $0.68 earnings per share. The business’s revenue was down 9.1% compared to the same quarter last year. As a group, equities analysts forecast that Entegris, Inc. will post 2.99 earnings per share for the current fiscal year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, October 30th were given a $0.10 dividend. The ex-dividend date was Wednesday, October 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.38%. Entegris’s dividend payout ratio is currently 26.49%.

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).