Entegris, Inc. (NASDAQ:ENTG) Shares Acquired by Bank of Montreal Can

Bank of Montreal Can boosted its position in Entegris, Inc. (NASDAQ:ENTG) by 42.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 108,717 shares of the semiconductor company’s stock after acquiring an additional 32,439 shares during the quarter. Bank of Montreal Can owned 0.07% of Entegris worth $12,487,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. Earnest Partners LLC boosted its position in shares of Entegris by 0.6% during the 2nd quarter. Earnest Partners LLC now owns 1,858,757 shares of the semiconductor company’s stock worth $251,676,000 after acquiring an additional 11,692 shares in the last quarter. American Century Companies Inc. lifted its stake in 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. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in Entegris by 0.9% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,503,656 shares of the semiconductor company’s stock valued at $169,206,000 after purchasing an additional 12,913 shares in the last quarter. Principal Financial Group Inc. increased its stake in Entegris by 130.8% in the third quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company’s stock valued at $155,287,000 after purchasing an additional 781,955 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Entegris by 7.7% in the second quarter. Envestnet Asset Management Inc. now owns 1,083,217 shares of the semiconductor company’s stock valued at $146,668,000 after purchasing an additional 77,083 shares during the last quarter.

Entegris Trading Up 0.6 %

NASDAQ:ENTG opened at $105.63 on Monday. Entegris, Inc. has a 12-month low of $94.92 and a 12-month high of $147.57. The company has a current ratio of 2.92, a quick ratio of 1.83 and a debt-to-equity ratio of 1.14. The stock’s 50 day simple moving average is $106.52 and its 200-day simple moving average is $117.79. The firm has a market cap of $15.95 billion, a P/E ratio of 69.95, a PEG ratio of 1.74 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.77 earnings per share (EPS) 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 firm had revenue of $807.70 million during the quarter, compared to analyst estimates of $832.44 million. During the same period in the prior year, the firm posted $0.68 earnings per share. The business’s quarterly revenue was down 9.1% compared to the same quarter last year. Equities analysts anticipate that Entegris, Inc. will post 2.99 EPS for the current year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Investors 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 dividend on an annualized basis and a yield of 0.38%. Entegris’s payout ratio is currently 26.49%.

Analyst Ratings Changes

Several research analysts have recently issued reports on ENTG shares. KeyCorp lowered their target price on shares of Entegris from $164.00 to $154.00 and set an “overweight” rating for the company in a report on Tuesday, November 5th. BMO Capital Markets dropped their price objective on Entegris from $145.00 to $135.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Mizuho reduced their target price on Entegris from $143.00 to $125.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. UBS Group dropped their price target on Entegris from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Entegris from $145.00 to $115.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. One investment 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 MarketBeat, Entegris has a consensus rating of “Moderate Buy” and an average price target of $135.40.

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).