Van ECK Associates Corp Has $4.62 Million Stake in Entegris, Inc. (NASDAQ:ENTG)

Van ECK Associates Corp decreased its position in shares of Entegris, Inc. (NASDAQ:ENTGFree Report) by 2.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,177 shares of the semiconductor company’s stock after selling 1,370 shares during the quarter. Van ECK Associates Corp’s holdings in Entegris were worth $4,618,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Legacy Financial Group LLC bought a new stake in Entegris during the third quarter worth about $30,000. KB Financial Partners LLC bought a new stake in Entegris during the first quarter worth about $34,000. Belpointe Asset Management LLC lifted its position in Entegris by 51.1% during the first quarter. Belpointe Asset Management LLC now owns 485 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 164 shares during the period. Tobam bought a new stake in Entegris during the second quarter worth about $70,000. Finally, Stonebridge Capital Advisors LLC lifted its position in Entegris by 3,909.1% during the first quarter. Stonebridge Capital Advisors LLC now owns 882 shares of the semiconductor company’s stock worth $116,000 after purchasing an additional 860 shares during the period.

Analysts Set New Price Targets

Separately, KeyCorp boosted their target price on Entegris from $107.00 to $136.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 9th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $112.75.

Get Our Latest Stock Report on Entegris

Entegris Stock Up 1.7 %

Shares of NASDAQ ENTG opened at $126.93 on Monday. The stock has a 50-day moving average price of $116.36 and a two-hundred day moving average price of $103.65. Entegris, Inc. has a 12 month low of $69.37 and a 12 month high of $127.07. The company has a current ratio of 4.31, a quick ratio of 3.34 and a debt-to-equity ratio of 1.61. The company has a market cap of $19.06 billion, a price-to-earnings ratio of 96.16 and a beta of 1.30.

Entegris Dividend Announcement

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

Insider Activity

In other news, SVP Joseph Colella sold 2,857 shares of the company’s stock in a transaction that occurred on Friday, December 22nd. The stock was sold at an average price of $120.49, for a total value of $344,239.93. Following the completion of the transaction, the senior vice president now owns 25,769 shares of the company’s stock, valued at $3,104,906.81. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.81% of the stock is currently owned by insiders.

Entegris Company 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).

See Also

Want to see what other hedge funds are holding ENTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Entegris, Inc. (NASDAQ:ENTGFree Report).

Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

Receive News & Ratings for Entegris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entegris and related companies with MarketBeat.com's FREE daily email newsletter.