Savant Capital LLC Sells 153 Shares of Entegris, Inc. (NASDAQ:ENTG)

Savant Capital LLC lowered its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 4.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,092 shares of the semiconductor company’s stock after selling 153 shares during the period. Savant Capital LLC’s holdings in Entegris were worth $306,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Empowered Funds LLC grew its holdings in Entegris by 19.8% in the 4th quarter. Empowered Funds LLC now owns 23,101 shares of the semiconductor company’s stock worth $2,288,000 after acquiring an additional 3,816 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in Entegris by 4.3% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 300,990 shares of the semiconductor company’s stock worth $29,816,000 after acquiring an additional 12,314 shares during the last quarter. Vanderbilt University grew its holdings in Entegris by 10.5% in the 4th quarter. Vanderbilt University now owns 31,251 shares of the semiconductor company’s stock worth $3,096,000 after acquiring an additional 2,974 shares during the last quarter. E. Ohman J or Asset Management AB grew its holdings in Entegris by 24.2% in the 4th quarter. E. Ohman J or Asset Management AB now owns 8,070 shares of the semiconductor company’s stock worth $799,000 after acquiring an additional 1,570 shares during the last quarter. Finally, Trust Point Inc. bought a new stake in Entegris in the 4th quarter worth $449,000.

Insider Buying and Selling at Entegris

In other news, SVP Clinton M. Haris sold 12,652 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $106.92, for a total value of $1,352,751.84. Following the transaction, the senior vice president now directly owns 34,820 shares in the company, valued at approximately $3,722,954.40. This represents a 26.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on ENTG shares. Craig Hallum cut their price target 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. BMO Capital Markets cut their price target on shares of Entegris from $145.00 to $135.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Citigroup dropped their target price on shares of Entegris from $130.00 to $123.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. UBS Group dropped their target price on shares of Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. Finally, Mizuho dropped their target price on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $128.78.

Entegris Trading Down 1.6 %

Shares of ENTG opened at $107.12 on Tuesday. The company’s fifty day moving average is $103.13 and its 200 day moving average is $106.26. Entegris, Inc. has a fifty-two week low of $94.92 and a fifty-two week high of $147.57. The stock has a market capitalization of $16.18 billion, a PE ratio of 55.50, a P/E/G ratio of 1.49 and a beta of 1.24. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.83 and a current ratio of 2.92.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.07. Entegris had a net margin of 9.03% and a return on equity of 13.00%. Sell-side analysts expect that Entegris, Inc. will post 3.63 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The company 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 dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date is Wednesday, January 29th. Entegris’s dividend payout ratio (DPR) is 20.73%.

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).