Entegris, Inc. (NASDAQ:ENTG) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. increased its holdings in Entegris, Inc. (NASDAQ:ENTG) by 121.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 768 shares of the semiconductor company’s stock after buying an additional 421 shares during the period. Blue Trust Inc.’s holdings in Entegris were worth $76,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in ENTG. Creative Planning boosted its position in shares of Entegris by 17.9% in the 3rd quarter. Creative Planning now owns 14,212 shares of the semiconductor company’s stock worth $1,599,000 after buying an additional 2,153 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Entegris by 34.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 2,335 shares of the semiconductor company’s stock worth $263,000 after buying an additional 600 shares in the last quarter. Signaturefd LLC boosted its position in shares of Entegris by 31.7% in the 3rd quarter. Signaturefd LLC now owns 1,852 shares of the semiconductor company’s stock worth $208,000 after buying an additional 446 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Entegris in the 3rd quarter worth about $1,963,000. Finally, Forsta AP Fonden boosted its position in shares of Entegris by 12.4% in the 3rd quarter. Forsta AP Fonden now owns 31,700 shares of the semiconductor company’s stock worth $3,567,000 after buying an additional 3,500 shares in the last quarter.

Analyst Upgrades and Downgrades

Several research firms recently commented on ENTG. BMO Capital Markets decreased their price objective 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. StockNews.com upgraded shares of Entegris from a “sell” rating to a “hold” rating in a report on Wednesday, February 19th. KeyCorp reduced their target price on shares of Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Mizuho reduced their target price on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Finally, Citigroup reduced their target price on shares of Entegris from $130.00 to $123.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $128.78.

Insider Buying and Selling

In related news, SVP Clinton M. Haris sold 12,652 shares of the stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the completion of the sale, the senior vice president now owns 34,820 shares of the company’s stock, valued at approximately $3,722,954.40. This represents a 26.65 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.67% of the company’s stock.

Entegris Trading Down 3.0 %

NASDAQ ENTG opened at $104.09 on Monday. Entegris, Inc. has a 12 month low of $94.92 and a 12 month high of $147.57. The company has a 50-day moving average of $103.09 and a 200-day moving average of $106.42. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86. The company has a market cap of $15.73 billion, a P/E ratio of 53.93, a P/E/G ratio of 1.50 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.07. Entegris had a net margin of 9.03% and a return on equity of 12.83%. As a group, equities analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date of this dividend was Wednesday, January 29th. Entegris’s dividend payout ratio (DPR) is presently 20.73%.

Entegris Company 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).