Vanguard Personalized Indexing Management LLC Has $924,000 Stake in Entegris, Inc. (NASDAQ:ENTG)

Vanguard Personalized Indexing Management LLC grew its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 26.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,955 shares of the semiconductor company’s stock after acquiring an additional 1,438 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Entegris were worth $924,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Corient Private Wealth LLC grew its stake in Entegris by 52.8% during the fourth quarter. Corient Private Wealth LLC now owns 11,764 shares of the semiconductor company’s stock worth $1,410,000 after purchasing an additional 4,063 shares during the period. Commerce Bank increased its stake in shares of Entegris by 0.6% in the 4th quarter. Commerce Bank now owns 13,725 shares of the semiconductor company’s stock valued at $1,645,000 after acquiring an additional 86 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its stake in shares of Entegris by 6.5% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 37,680 shares of the semiconductor company’s stock valued at $4,515,000 after acquiring an additional 2,300 shares in the last quarter. Intech Investment Management LLC lifted its position in shares of Entegris by 67.1% during the 4th quarter. Intech Investment Management LLC now owns 19,461 shares of the semiconductor company’s stock valued at $2,332,000 after acquiring an additional 7,812 shares during the period. Finally, Hsbc Holdings PLC boosted its stake in Entegris by 55.8% during the fourth quarter. Hsbc Holdings PLC now owns 34,277 shares of the semiconductor company’s stock worth $4,113,000 after acquiring an additional 12,281 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. BMO Capital Markets dropped their price objective on shares of Entegris from $160.00 to $145.00 and set an “outperform” rating on the stock in a report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft cut 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 upgraded Entegris from a “neutral” rating to an “outperform” rating and set a $143.00 price objective for the company in a report on Thursday, August 1st. Needham & Company LLC reiterated a “buy” rating and issued a $150.00 target price on shares of Entegris in a report on Thursday, August 1st. Finally, Citigroup upgraded shares of Entegris from a “neutral” rating to a “buy” rating and boosted their price target for the company from $119.00 to $130.00 in a research note on Monday, September 16th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $146.40.

Insider Buying and Selling at Entegris

In related news, CEO Bertrand Loy sold 27,044 shares of the business’s stock in a transaction dated Wednesday, July 3rd. The shares were sold at an average price of $140.63, for a total value of $3,803,197.72. Following the transaction, the chief executive officer now directly owns 263,068 shares of the company’s stock, valued at approximately $36,995,252.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Entegris news, insider Daniel D. Woodland sold 15,000 shares of the business’s stock in a transaction on Thursday, July 11th. The stock was sold at an average price of $145.00, for a total value of $2,175,000.00. Following the sale, the insider now directly owns 37,457 shares in the company, valued at $5,431,265. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Bertrand Loy sold 27,044 shares of the company’s stock in a transaction on Wednesday, July 3rd. The shares were sold at an average price of $140.63, for a total value of $3,803,197.72. Following the transaction, the chief executive officer now directly owns 263,068 shares in the company, valued at approximately $36,995,252.84. The disclosure for this sale can be found here. Insiders sold 57,044 shares of company stock worth $8,078,198 in the last quarter. 0.67% of the stock is currently owned by company insiders.

Entegris Price Performance

Shares of NASDAQ:ENTG opened at $111.58 on Tuesday. Entegris, Inc. has a 1-year low of $84.13 and a 1-year high of $147.57. The company has a current ratio of 3.58, a quick ratio of 2.14 and a debt-to-equity ratio of 1.18. The stock has a market cap of $16.83 billion, a PE ratio of 53.64, a price-to-earnings-growth ratio of 1.49 and a beta of 1.24. The stock’s fifty day simple moving average is $114.40 and its two-hundred day simple moving average is $127.33.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Wednesday, July 31st. The semiconductor company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.01. Entegris had a net margin of 5.61% and a return on equity of 12.03%. The business had revenue of $812.60 million during the quarter, compared to the consensus estimate of $802.43 million. During the same period in the prior year, the firm posted $0.66 EPS. The firm’s quarterly revenue was down 9.8% compared to the same quarter last year. As a group, analysts forecast that Entegris, Inc. will post 3.14 EPS for the current fiscal year.

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 21st. Shareholders of record on Wednesday, July 31st were given a $0.10 dividend. The ex-dividend date was Wednesday, July 31st. This represents a $0.40 annualized dividend and a yield of 0.36%. Entegris’s dividend payout ratio is currently 19.23%.

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).