Natixis Advisors LLC lifted its position in Entegris, Inc. (NASDAQ:ENTG – Free Report) by 38.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 365,785 shares of the semiconductor company’s stock after buying an additional 100,784 shares during the period. Natixis Advisors LLC owned approximately 0.24% of Entegris worth $33,820,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC bought a new position in Entegris in the second quarter valued at about $25,000. Ameriflex Group Inc. purchased a new position in Entegris in the third quarter worth about $25,000. ORG Wealth Partners LLC grew its stake in shares of Entegris by 862.1% during the 3rd quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 250 shares during the period. SBI Securities Co. Ltd. increased its position in shares of Entegris by 260.8% during the 3rd quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 206 shares during the last quarter. Finally, Quent Capital LLC purchased a new stake in shares of Entegris during the 3rd quarter valued at about $34,000.
Entegris Stock Down 0.4%
ENTG stock opened at $116.88 on Wednesday. The business’s 50-day moving average price is $118.10 and its 200-day moving average price is $97.92. The stock has a market cap of $17.77 billion, a P/E ratio of 75.90, a PEG ratio of 2.20 and a beta of 1.30. The company has a quick ratio of 2.04, a current ratio of 3.35 and a debt-to-equity ratio of 0.94. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $142.50.
Entegris Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 18th. Stockholders 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 was Wednesday, January 28th. Entegris’s dividend payout ratio (DPR) is presently 25.97%.
Insider Activity
In other Entegris news, SVP Olivier Blachier sold 1,664 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $131.49, for a total value of $218,799.36. Following the completion of the sale, the senior vice president owned 29,497 shares in the company, valued at approximately $3,878,560.53. This represents a 5.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Bertrand Loy sold 50,322 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $137.41, for a total value of $6,914,746.02. Following the sale, the insider directly owned 217,767 shares in the company, valued at approximately $29,923,363.47. This represents a 18.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 226,074 shares of company stock worth $29,640,758. 0.61% of the stock is currently owned by insiders.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on ENTG shares. KeyCorp raised their price objective on shares of Entegris from $111.00 to $156.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. BMO Capital Markets reaffirmed an “outperform” rating and set a $148.00 target price on shares of Entegris in a report on Wednesday, February 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research report on Monday, December 29th. Deutsche Bank Aktiengesellschaft cut shares of Entegris from a “buy” rating to a “hold” rating and set a $105.00 price target on the stock. in a research note on Tuesday, February 3rd. Finally, The Goldman Sachs Group boosted their price objective on shares of Entegris from $75.00 to $95.00 and gave the company a “sell” rating in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $133.78.
Get Our Latest Analysis on ENTG
Entegris Company 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.
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