Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Tributary Capital Management LLC

Tributary Capital Management LLC cut its holdings in Entegris, Inc. (NASDAQ:ENTG) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,212 shares of the semiconductor company’s stock after selling 210 shares during the quarter. Tributary Capital Management LLC’s holdings in Entegris were worth $417,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Fenimore Asset Management Inc raised its stake in Entegris by 1.2% during the fourth quarter. Fenimore Asset Management Inc now owns 505,182 shares of the semiconductor company’s stock worth $50,043,000 after purchasing an additional 5,885 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of Entegris by 8.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 11,159 shares of the semiconductor company’s stock valued at $1,105,000 after acquiring an additional 868 shares during the period. Guinness Asset Management LTD raised its stake in shares of Entegris by 24.6% in the 4th quarter. Guinness Asset Management LTD now owns 5,079 shares of the semiconductor company’s stock valued at $503,000 after acquiring an additional 1,002 shares during the period. Diversify Wealth Management LLC raised its stake in shares of Entegris by 32.2% in the 4th quarter. Diversify Wealth Management LLC now owns 6,516 shares of the semiconductor company’s stock valued at $645,000 after acquiring an additional 1,586 shares during the period. Finally, Arkadios Wealth Advisors raised its stake in shares of Entegris by 10.1% in the 4th quarter. Arkadios Wealth Advisors now owns 2,083 shares of the semiconductor company’s stock valued at $206,000 after acquiring an additional 191 shares during the period.

Entegris Price Performance

Shares of ENTG stock opened at $104.19 on Friday. The firm has a market cap of $15.73 billion, a P/E ratio of 69.00, a P/E/G ratio of 1.46 and a beta of 1.24. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.92 and a quick ratio of 1.83. Entegris, Inc. has a 1-year low of $94.92 and a 1-year high of $147.57. The firm has a fifty day moving average of $103.80 and a two-hundred day moving average of $109.50.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.01). The company had revenue of $807.70 million for the quarter, compared to analyst estimates of $832.44 million. Entegris had a return on equity of 12.24% and a net margin of 7.13%. Entegris’s revenue was down 9.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.68 earnings per share. As a group, research analysts anticipate that Entegris, Inc. will post 2.94 earnings per share for the current fiscal year.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend is Wednesday, January 29th. Entegris’s dividend payout ratio (DPR) is presently 26.49%.

Wall Street Analyst Weigh In

ENTG has been the topic of a number of research reports. KeyCorp cut their target price on shares of Entegris from $154.00 to $150.00 and set an “overweight” rating on the stock in a research note on Friday, January 10th. Citigroup dropped their price target on shares of Entegris from $130.00 to $123.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Entegris from $145.00 to $115.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. BMO Capital Markets dropped their price target on shares of Entegris from $145.00 to $135.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 5th. Finally, Mizuho dropped their price target on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, Entegris has an average rating of “Moderate Buy” and an average price target of $134.50.

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).