Profund Advisors LLC boosted its holdings in shares of Entegris Inc (NASDAQ:ENTG) by 23.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,371 shares of the semiconductor company’s stock after purchasing an additional 7,193 shares during the period. Profund Advisors LLC’s holdings in Entegris were worth $1,138,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in the stock. Renaissance Technologies LLC lifted its position in shares of Entegris by 2.4% in the 4th quarter. Renaissance Technologies LLC now owns 1,759,455 shares of the semiconductor company’s stock valued at $53,575,000 after acquiring an additional 41,365 shares in the last quarter. Alliancebernstein L.P. lifted its position in shares of Entegris by 36.3% in the 4th quarter. Alliancebernstein L.P. now owns 457,071 shares of the semiconductor company’s stock valued at $13,918,000 after acquiring an additional 121,740 shares in the last quarter. Bogle Investment Management L P DE lifted its position in shares of Entegris by 913.1% in the 4th quarter. Bogle Investment Management L P DE now owns 306,038 shares of the semiconductor company’s stock valued at $9,318,000 after acquiring an additional 275,831 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Entegris by 3.8% in the 4th quarter. Geode Capital Management LLC now owns 1,402,887 shares of the semiconductor company’s stock valued at $42,717,000 after acquiring an additional 50,809 shares in the last quarter. Finally, Maverick Capital Ltd. lifted its position in shares of Entegris by 32.0% in the 4th quarter. Maverick Capital Ltd. now owns 220,590 shares of the semiconductor company’s stock valued at $6,717,000 after acquiring an additional 53,510 shares in the last quarter. 96.56% of the stock is owned by institutional investors and hedge funds.
In other news, COO Todd James Edlund sold 6,945 shares of the stock in a transaction on Friday, March 9th. The shares were sold at an average price of $36.32, for a total transaction of $252,242.40. Following the transaction, the chief operating officer now owns 157,406 shares in the company, valued at approximately $5,716,985.92. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Corey Rucci sold 5,732 shares of the stock in a transaction on Monday, March 12th. The stock was sold at an average price of $36.43, for a total transaction of $208,816.76. The disclosure for this sale can be found here. In the last quarter, insiders sold 338,754 shares of company stock valued at $11,408,410. Insiders own 1.50% of the company’s stock.
Shares of Entegris Inc (ENTG) opened at $35.95 on Wednesday. Entegris Inc has a 12-month low of $21.55 and a 12-month high of $36.88. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.63 and a quick ratio of 2.95. The stock has a market cap of $5,137.54, a P/E ratio of 25.28, a price-to-earnings-growth ratio of 1.85 and a beta of 1.44.
Entegris (NASDAQ:ENTG) last released its earnings results on Tuesday, February 6th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.04. Entegris had a net margin of 6.34% and a return on equity of 20.95%. The company had revenue of $350.56 million during the quarter, compared to the consensus estimate of $340.68 million. equities analysts expect that Entegris Inc will post 1.75 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, February 21st. Shareholders of record on Wednesday, January 31st were given a $0.07 dividend. The ex-dividend date was Tuesday, January 30th. This represents a $0.28 dividend on an annualized basis and a yield of 0.78%. Entegris’s payout ratio is 23.73%.
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Entegris, Inc is a global developer, manufacturer and supplier of microcontamination control products, specialty chemicals and materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries. The Company operates in three business segments: Specialty Chemicals and Engineered Materials (SCEM), Advanced Materials Handling (AMH) and Microcontamination Control (MC).
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