41,833 Shares in Entegris, Inc. (NASDAQ:ENTG) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 41,833 shares of the semiconductor company’s stock, valued at approximately $42,000.

Other large investors have also recently bought and sold shares of the company. Fortitude Family Office LLC grew its stake in Entegris by 195.7% during the fourth quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 274 shares during the period. Covestor Ltd grew its position in shares of Entegris by 241.8% during the 3rd quarter. Covestor Ltd now owns 417 shares of the semiconductor company’s stock worth $47,000 after buying an additional 295 shares during the period. Huntington National Bank increased its stake in shares of Entegris by 41.0% in the 3rd quarter. Huntington National Bank now owns 454 shares of the semiconductor company’s stock valued at $51,000 after acquiring an additional 132 shares in the last quarter. Eagle Bay Advisors LLC lifted its position in shares of Entegris by 4,375.0% during the 4th 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 period. Finally, Blue Trust Inc. boosted its stake in Entegris by 121.3% during the fourth quarter. Blue Trust Inc. now owns 768 shares of the semiconductor company’s stock worth $76,000 after acquiring an additional 421 shares in the last quarter.

Insider Transactions at Entegris

In other Entegris news, SVP Olivier Blachier sold 984 shares of the firm’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $108.00, for a total value of $106,272.00. Following the sale, the senior vice president now owns 10,903 shares of the company’s stock, valued at $1,177,524. This trade represents a 8.28 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction 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 approximately $3,722,954.40. This trade represents a 26.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on ENTG shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $120.00 price target on shares of Entegris in a research note on Friday, February 7th. StockNews.com raised Entegris from a “sell” rating to a “hold” rating in a research report on Thursday. KeyCorp cut their price target on Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Finally, Mizuho lowered their target price on Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $124.88.

Entegris Price Performance

ENTG opened at $94.42 on Friday. The company has a market capitalization of $14.27 billion, a price-to-earnings ratio of 48.92, a P/E/G ratio of 1.50 and a beta of 1.32. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86. The firm’s fifty day moving average price is $102.44 and its two-hundred day moving average price is $105.43. Entegris, Inc. has a 1 year low of $92.84 and a 1 year high of $147.57.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data 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 return on equity of 12.83% and a net margin of 9.03%. As a group, analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were paid a $0.10 dividend. The ex-dividend date was Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.42%. Entegris’s dividend payout ratio is presently 20.73%.

About Entegris

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).