Entegris, Inc. (NASDAQ:ENTG) Position Raised by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC increased its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 26.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,303 shares of the semiconductor company’s stock after purchasing an additional 484 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Entegris were worth $228,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Synovus Financial Corp grew its holdings in shares of Entegris by 102.3% during the 3rd quarter. Synovus Financial Corp now owns 38,253 shares of the semiconductor company’s stock valued at $4,305,000 after acquiring an additional 19,340 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Entegris by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,065,812 shares of the semiconductor company’s stock valued at $119,936,000 after buying an additional 14,650 shares during the last quarter. Swedbank AB raised its position in shares of Entegris by 47.7% during the fourth quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company’s stock valued at $153,636,000 after buying an additional 500,581 shares during the last quarter. Argent Capital Management LLC raised its position 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 purchasing an additional 2,793 shares in the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in Entegris in the third quarter worth about $1,158,000.

Analyst Ratings Changes

ENTG has been the topic of several research analyst reports. KeyCorp decreased their price target on shares of Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. StockNews.com upgraded shares of Entegris from a “sell” rating to a “hold” rating in a report on Thursday. Mizuho cut their target price on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Finally, Needham & Company LLC restated a “buy” rating and set a $120.00 price objective on shares of Entegris in a report on Friday, February 7th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Entegris presently has a consensus rating of “Moderate Buy” and an average target price of $124.88.

Entegris Stock Performance

Shares of NASDAQ:ENTG opened at $98.37 on Friday. The company’s 50 day moving average price is $102.34 and its two-hundred day moving average price is $105.25. Entegris, Inc. has a 12-month low of $92.84 and a 12-month high of $147.57. The firm has a market cap of $14.87 billion, a PE ratio of 50.97, a PEG ratio of 1.50 and a beta of 1.32. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08.

Entegris (NASDAQ:ENTG) last issued 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 net margin of 9.03% and a return on equity of 12.83%. Equities research analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date of this dividend was Wednesday, January 29th. Entegris’s dividend payout ratio (DPR) is presently 20.73%.

Insider Transactions at Entegris

In other news, SVP Olivier Blachier sold 984 shares of the company’s stock in a transaction that occurred on 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 owns 10,903 shares of the company’s stock, valued at approximately $1,177,524. This represents a 8.28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Clinton M. Haris sold 12,652 shares of the stock in a transaction that occurred on 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 completion of the transaction, the senior vice president now directly owns 34,820 shares of the company’s stock, valued at approximately $3,722,954.40. The trade was 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.

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).