Allworth Financial LP Has $85,000 Stock Holdings in Entegris, Inc. (NASDAQ:ENTG)

Allworth Financial LP reduced its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 47.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 790 shares of the semiconductor company’s stock after selling 727 shares during the period. Allworth Financial LP’s holdings in Entegris were worth $85,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Mountaineer Partners Management LLC lifted its position in Entegris by 16,255.1% during the 3rd quarter. Mountaineer Partners Management LLC now owns 11,044,594 shares of the semiconductor company’s stock worth $1,242,848,000 after buying an additional 10,977,064 shares in the last quarter. Principal Financial Group Inc. raised its position in Entegris by 130.8% in the 3rd quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company’s stock worth $155,287,000 after purchasing an additional 781,955 shares during the last quarter. Swedbank AB lifted its holdings in Entegris by 249.7% during the 3rd quarter. Swedbank AB now owns 1,050,361 shares of the semiconductor company’s stock worth $118,197,000 after buying an additional 750,000 shares in the last quarter. James Hambro & Partners LLP acquired a new stake in shares of Entegris in the 4th quarter valued at $72,845,000. Finally, D1 Capital Partners L.P. bought a new stake in shares of Entegris during the third quarter worth $72,143,000.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ENTG. Mizuho lowered their price target on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Needham & Company LLC restated a “buy” rating and issued a $120.00 price target on shares of Entegris in a research report on Friday, February 7th. KeyCorp reduced their target price on Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. UBS Group lowered their price target on Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, November 5th. Finally, Craig Hallum decreased their price objective on shares of Entegris from $150.00 to $130.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $128.78.

Insider Transactions at Entegris

In other Entegris news, SVP Clinton M. Haris sold 12,652 shares of the company’s stock in a transaction on Monday, February 10th. The stock was 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 directly owns 34,820 shares in the company, valued at $3,722,954.40. This represents a 26.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Olivier Blachier sold 984 shares of the firm’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $108.00, for a total value of $106,272.00. Following the completion of the sale, the senior vice president now directly owns 10,903 shares in the company, valued at $1,177,524. This trade represents a 8.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.

Entegris Price Performance

Shares of NASDAQ ENTG opened at $102.30 on Tuesday. Entegris, Inc. has a twelve month low of $94.92 and a twelve month high of $147.57. The company has a market cap of $15.46 billion, a PE ratio of 53.01, a price-to-earnings-growth ratio of 1.50 and a beta of 1.24. The business’s 50 day moving average price is $103.00 and its two-hundred day moving average price is $106.39. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08.

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

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.40 annualized dividend and a yield of 0.39%. Entegris’s payout ratio is currently 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).