State of New Jersey Common Pension Fund D Cuts Stake in Entegris, Inc. (NASDAQ:ENTG)

State of New Jersey Common Pension Fund D lowered its position in shares of Entegris, Inc. (NASDAQ:ENTGFree Report) by 3.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 82,572 shares of the semiconductor company’s stock after selling 3,155 shares during the quarter. State of New Jersey Common Pension Fund D owned 0.05% of Entegris worth $7,754,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Covenant Partners LLC raised its position in Entegris by 3.4% during the 2nd quarter. Covenant Partners LLC now owns 3,044 shares of the semiconductor company’s stock worth $337,000 after buying an additional 101 shares during the last quarter. Keybank National Association OH raised its position in Entegris by 1.8% during the 3rd quarter. Keybank National Association OH now owns 6,556 shares of the semiconductor company’s stock worth $616,000 after buying an additional 119 shares during the last quarter. CIBC Asset Management Inc raised its position in Entegris by 2.3% during the 3rd quarter. CIBC Asset Management Inc now owns 5,274 shares of the semiconductor company’s stock worth $495,000 after buying an additional 121 shares during the last quarter. Xponance Inc. raised its position in Entegris by 2.1% during the 3rd quarter. Xponance Inc. now owns 6,233 shares of the semiconductor company’s stock worth $585,000 after buying an additional 129 shares during the last quarter. Finally, Signaturefd LLC increased its holdings in shares of Entegris by 13.7% in the 2nd quarter. Signaturefd LLC now owns 1,132 shares of the semiconductor company’s stock valued at $125,000 after purchasing an additional 136 shares in the last quarter.

Analyst Upgrades and Downgrades

Separately, KeyCorp raised their target price on shares of Entegris from $107.00 to $136.00 and gave the company an “overweight” rating in a report on Tuesday, January 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Entegris currently has an average rating of “Moderate Buy” and an average target price of $112.75.

View Our Latest Stock Analysis on ENTG

Entegris Price Performance

Entegris stock opened at $126.93 on Monday. Entegris, Inc. has a 12-month low of $69.37 and a 12-month high of $127.07. The stock has a market capitalization of $19.06 billion, a P/E ratio of 96.16 and a beta of 1.30. The firm’s 50-day moving average is $116.36 and its two-hundred day moving average is $103.65. The company has a debt-to-equity ratio of 1.61, a current ratio of 4.31 and a quick ratio of 3.34.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 21st. Shareholders of record on Wednesday, January 31st will be paid a dividend of $0.10 per share. The ex-dividend date is Tuesday, January 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.32%. Entegris’s dividend payout ratio is currently 30.30%.

Insider Buying and Selling

In related news, SVP Joseph Colella sold 2,857 shares of the firm’s stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $120.49, for a total value of $344,239.93. Following the sale, the senior vice president now directly owns 25,769 shares of the company’s stock, valued at $3,104,906.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.81% of the company’s stock.

Entegris Profile

(Free Report)

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 four segments: Specialty Chemicals and Engineered Materials (SCEM); Microcontamination Control (MC); The Advanced Planarization Solutions (APS); and Advanced Materials Handling (AMH).

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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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