Kovitz Investment Group Partners LLC acquired a new position in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 3,999 shares of the semiconductor company’s stock, valued at approximately $450,000.
Other large investors also recently added to or reduced their stakes in the company. Innealta Capital LLC purchased a new position in Entegris in the second quarter worth approximately $26,000. Summit Securities Group LLC acquired a new position in shares of Entegris in the 2nd quarter worth approximately $27,000. Quarry LP purchased a new position in shares of Entegris during the 2nd quarter worth approximately $27,000. Capital Performance Advisors LLP purchased a new stake in Entegris in the third quarter valued at approximately $29,000. Finally, Blue Trust Inc. lifted its stake in Entegris by 221.3% during the third quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 239 shares in the last quarter.
Entegris Stock Down 1.6 %
Entegris stock opened at $107.30 on Friday. The company has a market capitalization of $16.20 billion, a P/E ratio of 71.06, a PEG ratio of 1.80 and a beta of 1.23. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.83 and a current ratio of 2.92. Entegris, Inc. has a fifty-two week low of $94.92 and a fifty-two week high of $147.57. The stock has a 50-day simple moving average of $105.80 and a 200-day simple moving average of $116.47.
Entegris Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Wednesday, October 30th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.37%. The ex-dividend date was Wednesday, October 30th. Entegris’s payout ratio is currently 26.49%.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on the company. Citigroup dropped their price objective on Entegris from $130.00 to $123.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. Craig Hallum dropped their target price on Entegris from $150.00 to $130.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. BMO Capital Markets reduced their price target on shares of Entegris from $145.00 to $135.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. UBS Group cut their price objective on Entegris from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 5th. Finally, Mizuho reduced their target price on shares of Entegris from $143.00 to $125.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $135.40.
Read Our Latest Research Report on ENTG
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).
See Also
- Five stocks we like better than Entegris
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- WallStreetBets: How a Reddit Forum Shook Up Stock Market Dynamics
- What is the Nasdaq? Complete Overview with History
- Are 2024’s Top Insider Buys a Good Bet for 2025?
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- 4 Social Media Stocks to Soar as TikTok’s Future Hangs in Balance
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:ENTG – Free Report).
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.