Vanderbilt University Has $3.10 Million Position in Entegris, Inc. (NASDAQ:ENTG)

Vanderbilt University increased its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 10.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 31,251 shares of the semiconductor company’s stock after purchasing an additional 2,974 shares during the period. Vanderbilt University’s holdings in Entegris were worth $3,096,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Mountaineer Partners Management LLC boosted its holdings in shares of Entegris by 16,255.1% in the 3rd quarter. Mountaineer Partners Management LLC now owns 11,044,594 shares of the semiconductor company’s stock valued at $1,242,848,000 after purchasing an additional 10,977,064 shares in the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Entegris by 1,076.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 923,332 shares of the semiconductor company’s stock worth $103,903,000 after buying an additional 844,837 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Entegris by 130.8% in the third quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company’s stock valued at $155,287,000 after buying an additional 781,955 shares in the last quarter. Swedbank AB grew its position in Entegris by 249.7% in the third quarter. Swedbank AB now owns 1,050,361 shares of the semiconductor company’s stock valued at $118,197,000 after acquiring an additional 750,000 shares during the last quarter. Finally, James Hambro & Partners LLP acquired a new position in Entegris during the fourth quarter worth about $72,845,000.

Entegris Trading Up 2.7 %

Shares of ENTG stock opened at $103.90 on Thursday. Entegris, Inc. has a 1-year low of $94.92 and a 1-year high of $147.57. The company has a current ratio of 2.92, a quick ratio of 1.83 and a debt-to-equity ratio of 1.14. The stock has a market cap of $15.69 billion, a price-to-earnings ratio of 68.81, a PEG ratio of 1.38 and a beta of 1.24. The stock has a 50-day moving average of $103.24 and a 200-day moving average of $107.33.

Entegris (NASDAQ:ENTG) last released its earnings results on Monday, November 4th. The semiconductor company reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). The firm had revenue of $807.70 million for the quarter, compared to analyst estimates of $832.44 million. Entegris had a net margin of 7.13% and a return on equity of 12.24%. The business’s revenue for the quarter was down 9.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.68 EPS. On average, equities research analysts forecast that Entegris, Inc. will post 2.94 earnings per share for the current year.

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend is Wednesday, January 29th. Entegris’s dividend payout ratio (DPR) is presently 26.49%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on ENTG shares. UBS Group reduced their price target on shares of Entegris from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 5th. Craig Hallum decreased their target price on shares of Entegris from $150.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Citigroup lowered their price target on shares of Entegris from $130.00 to $123.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. KeyCorp reduced their price objective on Entegris from $154.00 to $150.00 and set an “overweight” rating on the stock in a research report on Friday, January 10th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Entegris from $145.00 to $115.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $134.50.

About Entegris

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).