2,157 Shares in Entegris, Inc. (NASDAQ:ENTG) Bought by Everpar Advisors LLC

Everpar Advisors LLC purchased a new position in shares of Entegris, Inc. (NASDAQ:ENTG) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,157 shares of the semiconductor company’s stock, valued at approximately $258,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of Entegris in the 4th quarter worth about $35,000. Quent Capital LLC raised its stake in Entegris by 59.1% during the fourth quarter. Quent Capital LLC now owns 366 shares of the semiconductor company’s stock valued at $44,000 after buying an additional 136 shares in the last quarter. Arlington Trust Co LLC bought a new position in Entegris during the 4th quarter worth approximately $46,000. GAMMA Investing LLC acquired a new position in shares of Entegris in the 4th quarter worth approximately $101,000. Finally, NBC Securities Inc. acquired a new position in shares of Entegris in the 3rd quarter worth approximately $135,000.

Insiders Place Their Bets

In related news, SVP Susan G. Rice sold 17,518 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $135.86, for a total value of $2,379,995.48. Following the sale, the senior vice president now directly owns 42,931 shares in the company, valued at approximately $5,832,605.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, SVP Susan G. Rice sold 17,518 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $135.86, for a total value of $2,379,995.48. Following the sale, the senior vice president now directly owns 42,931 shares in the company, valued at approximately $5,832,605.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Michael Sauer sold 1,897 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $132.54, for a total transaction of $251,428.38. Following the completion of the sale, the chief accounting officer now owns 1,779 shares in the company, valued at $235,788.66. The disclosure for this sale can be found here. In the last three months, insiders have sold 41,082 shares of company stock worth $5,606,849. 0.67% of the stock is owned by corporate insiders.

Entegris Price Performance

Shares of ENTG stock traded down $2.69 during midday trading on Wednesday, reaching $130.01. 1,538,172 shares of the company were exchanged, compared to its average volume of 1,409,550. Entegris, Inc. has a 12 month low of $76.93 and a 12 month high of $146.91. The company has a market cap of $19.60 billion, a P/E ratio of 63.80 and a beta of 1.31. The company’s 50 day moving average price is $135.32 and its two-hundred day moving average price is $120.20. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.02 and a current ratio of 3.35.

Entegris (NASDAQ:ENTG) last released its quarterly earnings results on Wednesday, May 1st. The semiconductor company reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.07. Entegris had a net margin of 9.31% and a return on equity of 11.94%. The company had revenue of $771.03 million for the quarter, compared to the consensus estimate of $769.24 million. During the same period in the previous year, the firm earned $0.65 EPS. Entegris’s revenue was down 16.4% on a year-over-year basis. On average, sell-side analysts expect that Entegris, Inc. will post 3.27 earnings per share for the current year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Wednesday, May 1st will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, April 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.31%. Entegris’s dividend payout ratio (DPR) is 19.23%.

Analyst Ratings Changes

A number of analysts have weighed in on ENTG shares. UBS Group increased their target price on shares of Entegris from $90.00 to $130.00 and gave the stock a “neutral” rating in a report on Thursday, February 15th. Wolfe Research assumed coverage on Entegris in a research report on Friday, March 1st. They set an “outperform” rating and a $160.00 price target on the stock. Citigroup upped their price objective on Entegris from $117.00 to $134.00 and gave the stock a “neutral” rating in a research note on Friday, February 16th. Craig Hallum upgraded Entegris from a “hold” rating to a “buy” rating and set a $150.00 target price on the stock in a research note on Thursday, February 15th. Finally, StockNews.com downgraded shares of Entegris from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $141.91.

Entegris 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).