Blue Trust Inc. Buys 421 Shares of Entegris, Inc. (NASDAQ:ENTG)

Blue Trust Inc. boosted its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 121.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 768 shares of the semiconductor company’s stock after purchasing an additional 421 shares during the quarter. Blue Trust Inc.’s holdings in Entegris were worth $76,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. AQR Capital Management LLC raised its position in shares of Entegris by 19.3% during the second quarter. AQR Capital Management LLC now owns 2,999 shares of the semiconductor company’s stock valued at $406,000 after buying an additional 486 shares during the last quarter. Cetera Investment Advisers increased its stake in Entegris by 2.2% during the second quarter. Cetera Investment Advisers now owns 20,842 shares of the semiconductor company’s stock valued at $2,822,000 after acquiring an additional 455 shares during the period. GAMMA Investing LLC raised its holdings in Entegris by 7.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,612 shares of the semiconductor company’s stock valued at $181,000 after acquiring an additional 113 shares in the last quarter. CWM LLC lifted its position in shares of Entegris by 18.0% in the 3rd quarter. CWM LLC now owns 2,960 shares of the semiconductor company’s stock worth $333,000 after acquiring an additional 452 shares during the period. Finally, UMB Bank n.a. grew its holdings in shares of Entegris by 18.6% during the 3rd quarter. UMB Bank n.a. now owns 885 shares of the semiconductor company’s stock worth $100,000 after purchasing an additional 139 shares in the last quarter.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ENTG. Needham & Company LLC reaffirmed a “buy” rating and issued a $120.00 target price on shares of Entegris in a research report on Friday. Craig Hallum reduced their price objective on shares of Entegris from $150.00 to $130.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. KeyCorp lowered their target price on shares of Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a research note on Friday. Mizuho cut their price target on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Finally, BMO Capital Markets decreased 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. One 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. Based on data from MarketBeat, Entegris has an average rating of “Moderate Buy” and a consensus target price of $130.60.

Entegris Stock Down 2.7 %

Shares of ENTG opened at $106.52 on Friday. The business’s 50 day simple moving average is $103.35 and its 200-day simple moving average is $107.15. Entegris, Inc. has a one year low of $94.92 and a one year high of $147.57. The company has a market capitalization of $16.08 billion, a P/E ratio of 70.54, a PEG ratio of 1.38 and a beta of 1.24. 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 quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.07. Entegris had a return on equity of 12.24% and a net margin of 7.13%. As a group, sell-side analysts predict that Entegris, Inc. will post 2.94 EPS for the current fiscal year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.38%. The ex-dividend date is Wednesday, January 29th. Entegris’s payout ratio is presently 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).