Nisa Investment Advisors LLC increased its holdings in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) by 135.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,599 shares of the semiconductor company’s stock after purchasing an additional 7,815 shares during the period. Nisa Investment Advisors LLC’s holdings in Entegris were worth $1,146,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in ENTG. Mn Services Vermogensbeheer B.V. boosted its position in shares of Entegris by 1.1% in the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 58,337 shares of the semiconductor company’s stock worth $4,915,000 after buying an additional 637 shares during the period. Global X Japan Co. Ltd. lifted its position in Entegris by 10.4% during the 4th quarter. Global X Japan Co. Ltd. now owns 8,373 shares of the semiconductor company’s stock worth $705,000 after acquiring an additional 786 shares in the last quarter. Dream Peak Capital Ltd acquired a new position in Entegris during the 4th quarter worth approximately $27,025,000. Congress Asset Management Co. boosted its holdings in Entegris by 9.3% in the 4th quarter. Congress Asset Management Co. now owns 199,981 shares of the semiconductor company’s stock worth $16,848,000 after acquiring an additional 17,075 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in Entegris by 616.5% in the 4th quarter. SG Americas Securities LLC now owns 146,230 shares of the semiconductor company’s stock worth $12,320,000 after acquiring an additional 125,822 shares during the period.
Entegris Price Performance
NASDAQ:ENTG opened at $116.40 on Friday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.04 and a current ratio of 3.35. The company has a market capitalization of $17.69 billion, a price-to-earnings ratio of 75.58, a price-to-earnings-growth ratio of 2.19 and a beta of 1.32. Entegris, Inc. has a one year low of $60.75 and a one year high of $142.50. The stock has a 50-day simple moving average of $122.08 and a 200 day simple moving average of $101.77.
Entegris Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, February 18th. Investors of record on Wednesday, January 28th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, January 28th. Entegris’s dividend payout ratio is currently 25.97%.
Insider Activity
In other Entegris news, SVP Olivier Blachier sold 1,664 shares of Entegris stock in a transaction on Friday, February 20th. The shares were sold at an average price of $131.49, for a total value of $218,799.36. Following the completion of the transaction, the senior vice president owned 29,497 shares of the company’s stock, valued at $3,878,560.53. The trade was a 5.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Linda Lagorga sold 11,438 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $135.00, for a total transaction of $1,544,130.00. Following the sale, the chief financial officer owned 33,810 shares of the company’s stock, valued at approximately $4,564,350. The trade was a 25.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 226,074 shares of company stock valued at $29,640,758 over the last three months. 0.67% of the stock is currently owned by company insiders.
Analyst Ratings Changes
A number of analysts have recently issued reports on ENTG shares. UBS Group reiterated a “buy” rating and set a $150.00 price objective on shares of Entegris in a research note on Monday, February 2nd. The Goldman Sachs Group upped their target price on shares of Entegris from $75.00 to $95.00 and gave the company a “sell” rating in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft lowered shares of Entegris from a “buy” rating to a “hold” rating and set a $105.00 price target for the company. in a report on Tuesday, February 3rd. Mizuho set a $150.00 price objective on shares of Entegris in a report on Wednesday, February 11th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research report on Monday, December 29th. Six equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Entegris currently has a consensus rating of “Hold” and a consensus price target of $133.78.
Check Out Our Latest Stock Analysis on Entegris
Entegris Profile
Entegris, Inc is a leading provider of advanced materials and process control solutions for the semiconductor and other high-technology industries. The company develops and supplies a broad portfolio of products designed to ensure purity and reliability throughout the manufacturing process, helping customers address critical contamination and yield challenges.
Entegris’s product offerings include high-purity chemicals and specialty materials, liquid and gas filtration and purification systems, and sophisticated wafer and chip handling solutions.
Featured Stories
Want to see what other hedge funds are holding ENTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Entegris, Inc. (NASDAQ:ENTG – Free Report).
Receive News & Ratings for Entegris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entegris and related companies with MarketBeat.com's FREE daily email newsletter.
