Entegris, Inc. (NASDAQ:ENTG) Shares Acquired by UMB Bank n.a.

UMB Bank n.a. raised its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 82.8% in the first quarter, HoldingsChannel reports. The firm owned 1,515 shares of the semiconductor company’s stock after acquiring an additional 686 shares during the period. UMB Bank n.a.’s holdings in Entegris were worth $133,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. National Bank of Canada FI raised its holdings in shares of Entegris by 66,855.0% during the fourth quarter. National Bank of Canada FI now owns 490,780 shares of the semiconductor company’s stock valued at $48,617,000 after buying an additional 490,047 shares during the last quarter. Deutsche Bank AG increased its position in Entegris by 434.1% in the 4th quarter. Deutsche Bank AG now owns 1,470,162 shares of the semiconductor company’s stock valued at $145,634,000 after acquiring an additional 1,194,903 shares during the period. Callan Family Office LLC bought a new stake in Entegris during the 4th quarter valued at $308,000. Freedom Financial Partners LLC acquired a new position in Entegris during the 1st quarter worth $1,487,000. Finally, Renaissance Technologies LLC acquired a new position in Entegris during the 4th quarter worth $7,549,000.

Entegris Price Performance

Shares of NASDAQ ENTG opened at $78.48 on Thursday. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $147.57. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. The firm has a 50-day moving average of $74.71 and a two-hundred day moving average of $92.05. The company has a market capitalization of $11.88 billion, a price-to-earnings ratio of 40.66, a PEG ratio of 1.50 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last released its earnings results on Wednesday, May 7th. The semiconductor company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.02). Entegris had a return on equity of 12.83% and a net margin of 9.03%. The business had revenue of $773.20 million during the quarter, compared to the consensus estimate of $790.75 million. During the same quarter in the previous year, the firm earned $0.68 earnings per share. The firm’s revenue for the quarter was up .3% compared to the same quarter last year. As a group, analysts expect that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Stockholders of record on Wednesday, April 30th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.51%. Entegris’s dividend payout ratio (DPR) is presently 19.61%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ENTG. Wall Street Zen cut shares of Entegris from a “hold” rating to a “sell” rating in a research note on Saturday, April 19th. Needham & Company LLC reissued a “buy” rating and set a $100.00 target price on shares of Entegris in a research note on Tuesday, May 20th. Citigroup dropped their price target on shares of Entegris from $125.00 to $102.00 and set a “buy” rating on the stock in a research report on Thursday, May 8th. KeyCorp decreased their price objective on shares of Entegris from $130.00 to $117.00 and set an “overweight” rating for the company in a report on Thursday, May 8th. Finally, UBS Group lowered their price objective on shares of Entegris from $90.00 to $85.00 and set a “neutral” rating on the stock in a research note on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Entegris presently has an average rating of “Moderate Buy” and an average target price of $113.00.

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).