Virtu Financial LLC purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 3,959 shares of the semiconductor company’s stock, valued at approximately $380,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Paces Ferry Wealth Advisors LLC purchased a new position in shares of Entegris during the third quarter valued at about $26,000. Lenox Wealth Advisors LLC purchased a new position in shares of Entegris during the fourth quarter valued at about $26,000. First Horizon Corp increased its position in shares of Entegris by 71.9% during the fourth quarter. First Horizon Corp now owns 452 shares of the semiconductor company’s stock valued at $43,000 after buying an additional 189 shares during the period. Simon Quick Advisors LLC purchased a new position in shares of Entegris during the fourth quarter valued at about $46,000. Finally, Exchange Traded Concepts LLC purchased a new position in shares of Entegris during the fourth quarter valued at about $54,000. Institutional investors own 98.40% of the company’s stock.

NASDAQ:ENTG opened at $118.63 on Thursday. The company’s 50 day moving average price is $106.10 and its 200-day moving average price is $94.40. Entegris, Inc. has a 52 week low of $46.93 and a 52 week high of $126.41. The company has a quick ratio of 3.30, a current ratio of 4.63 and a debt-to-equity ratio of 0.83. The stock has a market cap of $16.04 billion, a price-to-earnings ratio of 60.84 and a beta of 1.33.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Monday, February 1st. The semiconductor company reported $0.71 EPS for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.05. The firm had revenue of $518.00 million for the quarter, compared to analysts’ expectations of $489.38 million. Entegris had a net margin of 15.03% and a return on equity of 26.54%. The business’s revenue for the quarter was up 21.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.55 earnings per share. As a group, sell-side analysts anticipate that Entegris, Inc. will post 2.48 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 17th. Investors of record on Wednesday, January 27th were given a dividend of $0.08 per share. The ex-dividend date was Tuesday, January 26th. This represents a $0.32 dividend on an annualized basis and a yield of 0.27%. Entegris’s dividend payout ratio (DPR) is 16.58%.

In related news, CEO Bertrand Loy sold 300,444 shares of the stock in a transaction that occurred on Monday, April 5th. The shares were sold at an average price of $120.69, for a total transaction of $36,260,586.36. Following the transaction, the chief executive officer now owns 640,898 shares in the company, valued at $77,349,979.62. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Joseph Colella sold 1,600 shares of the stock in a transaction that occurred on Monday, April 5th. The shares were sold at an average price of $123.69, for a total transaction of $197,904.00. Following the transaction, the senior vice president now owns 25,699 shares in the company, valued at approximately $3,178,709.31. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 303,044 shares of company stock worth $36,561,890. 1.70% of the stock is owned by insiders.

A number of brokerages have weighed in on ENTG. The Goldman Sachs Group restated a “buy” rating and issued a $116.00 price objective (up previously from $102.00) on shares of Entegris in a report on Monday, January 18th. Zacks Investment Research upgraded shares of Entegris from a “hold” rating to a “buy” rating and set a $125.00 price objective on the stock in a report on Thursday, April 1st. Citigroup upped their price objective on shares of Entegris from $92.00 to $135.00 in a report on Monday, January 25th. Finally, Craig Hallum upped their price objective on shares of Entegris from $66.00 to $100.00 and gave the stock a “hold” rating in a report on Wednesday, February 3rd. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $103.20.

Entegris Company Profile

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries in North America, Taiwan, South Korea, Japan, China, Europe, and Southeast Asia.

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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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