Smartleaf Asset Management LLC Acquires 158 Shares of Entegris, Inc. (NASDAQ:ENTG)

Smartleaf Asset Management LLC grew its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 27.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 731 shares of the semiconductor company’s stock after acquiring an additional 158 shares during the period. Smartleaf Asset Management LLC’s holdings in Entegris were worth $73,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Capital Performance Advisors LLP acquired a new stake in Entegris in the third quarter valued at $29,000. Fortitude Family Office LLC increased its stake in shares of Entegris by 195.7% in the fourth quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 274 shares during the period. Covestor Ltd raised its position in shares of Entegris by 241.8% during the third quarter. Covestor Ltd now owns 417 shares of the semiconductor company’s stock worth $47,000 after acquiring an additional 295 shares during the last quarter. Huntington National Bank lifted its stake in shares of Entegris by 41.0% in the third quarter. Huntington National Bank now owns 454 shares of the semiconductor company’s stock worth $51,000 after acquiring an additional 132 shares during the period. Finally, Eagle Bay Advisors LLC boosted its holdings in Entegris by 4,375.0% in the fourth quarter. Eagle Bay Advisors LLC now owns 716 shares of the semiconductor company’s stock valued at $71,000 after acquiring an additional 700 shares during the last quarter.

Insider Activity at Entegris

In other news, SVP Olivier Blachier sold 984 shares of the business’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the completion of the sale, the senior vice president now directly owns 10,903 shares of the company’s stock, valued at $1,177,524. The trade was a 8.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Clinton M. Haris sold 12,652 shares of the company’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the completion of the sale, the senior vice president now owns 34,820 shares in the company, valued at $3,722,954.40. This represents a 26.65 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by insiders.

Analyst Ratings Changes

ENTG has been the subject of several analyst reports. KeyCorp lowered their price target on shares of Entegris from $150.00 to $141.00 and set an “overweight” rating for the company in a report on Friday, February 7th. StockNews.com downgraded shares of Entegris from a “hold” rating to a “sell” rating in a research note on Thursday, February 27th. Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 price target on shares of Entegris in a research report on Friday, February 7th. Finally, Mizuho lowered their price objective on Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $124.88.

Entegris Price Performance

Shares of NASDAQ ENTG opened at $102.93 on Monday. The firm has a market capitalization of $15.56 billion, a P/E ratio of 53.33, a P/E/G ratio of 1.50 and a beta of 1.32. The firm’s 50-day moving average price is $102.66 and its 200-day moving average price is $105.76. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. Entegris, Inc. has a 1-year low of $94.92 and a 1-year high of $147.57.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. Equities research analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date of this dividend was Wednesday, January 29th. Entegris’s dividend payout ratio is currently 20.73%.

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).