Entegris, Inc. (NASDAQ:ENTG) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. lifted its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 121.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 768 shares of the semiconductor company’s stock after acquiring an additional 421 shares during the quarter. Blue Trust Inc.’s holdings in Entegris were worth $76,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of ENTG. Synovus Financial Corp boosted its stake in shares of Entegris by 102.3% in the 3rd quarter. Synovus Financial Corp now owns 38,253 shares of the semiconductor company’s stock valued at $4,305,000 after buying an additional 19,340 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Entegris by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,065,812 shares of the semiconductor company’s stock worth $119,936,000 after acquiring an additional 14,650 shares during the last quarter. Argent Capital Management LLC lifted its stake in Entegris by 9.9% in the fourth quarter. Argent Capital Management LLC now owns 31,066 shares of the semiconductor company’s stock worth $3,077,000 after acquiring an additional 2,793 shares during the last quarter. Swedbank AB lifted its stake in Entegris by 47.7% in the fourth quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company’s stock worth $153,636,000 after acquiring an additional 500,581 shares during the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in Entegris in the third quarter worth approximately $1,158,000.

Entegris Stock Down 3.0 %

Shares of NASDAQ:ENTG opened at $104.09 on Monday. The firm has a 50 day simple moving average of $103.09 and a 200-day simple moving average of $106.42. The company has a market capitalization of $15.73 billion, a PE ratio of 53.93, a P/E/G ratio of 1.50 and a beta of 1.24. Entegris, Inc. has a twelve month low of $94.92 and a twelve month high of $147.57. 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 (NASDAQ:ENTG) last announced its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.07. Entegris had a net margin of 9.03% and a return on equity of 12.83%. On average, equities analysts predict that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were issued a $0.10 dividend. The ex-dividend date was Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.38%. Entegris’s payout ratio is 20.73%.

Analyst Ratings Changes

A number of brokerages recently issued reports on ENTG. Craig Hallum decreased their price target on shares of Entegris from $150.00 to $130.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. StockNews.com upgraded shares of Entegris from a “sell” rating to a “hold” rating in a research note on Wednesday, February 19th. Citigroup decreased their price target on shares of Entegris from $130.00 to $123.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. BMO Capital Markets decreased their price target on shares of Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Entegris from $145.00 to $115.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $128.78.

Insider Activity

In other news, SVP Clinton M. Haris sold 12,652 shares of Entegris stock in a transaction on 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 of the company’s stock, valued at $3,722,954.40. The trade was a 26.65 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.67% of the company’s stock.

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).