Entegris, Inc. (NASDAQ:ENTG) Given Consensus Recommendation of “Moderate Buy” by Analysts

Entegris, Inc. (NASDAQ:ENTG) has received an average rating of “Moderate Buy” from the eight analysts that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $109.13.

Several equities analysts have recently issued reports on ENTG shares. Mizuho boosted their price target on shares of Entegris from $98.00 to $113.00 and gave the company a “buy” rating in a report on Friday, August 4th. Craig Hallum cut shares of Entegris from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 price target on shares of Entegris in a report on Friday, August 4th. StockNews.com initiated coverage on Entegris in a report on Thursday, October 5th. They issued a “sell” rating for the company. Finally, KeyCorp cut their target price on Entegris from $113.00 to $107.00 and set an “overweight” rating on the stock in a research note on Friday, November 3rd.

Entegris Trading Up 2.3 %

NASDAQ:ENTG opened at $105.27 on Tuesday. The firm has a market capitalization of $15.81 billion, a P/E ratio of 79.75, a P/E/G ratio of 4.73 and a beta of 1.27. The business has a 50 day simple moving average of $93.29 and a 200 day simple moving average of $99.04. The company has a debt-to-equity ratio of 1.61, a current ratio of 4.31 and a quick ratio of 3.34. Entegris has a 12-month low of $62.24 and a 12-month high of $114.47.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Stockholders of record on Wednesday, November 1st 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 is Tuesday, October 31st. Entegris’s dividend payout ratio (DPR) is presently 30.30%.

Institutional Trading of Entegris

Several institutional investors have recently modified their holdings of ENTG. BlackRock Inc. grew its position in Entegris by 2.4% in the first quarter. BlackRock Inc. now owns 16,294,681 shares of the semiconductor company’s stock worth $1,336,327,000 after buying an additional 386,767 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Entegris by 7.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 10,672,981 shares of the semiconductor company’s stock worth $700,041,000 after acquiring an additional 748,491 shares during the last quarter. Sands Capital Management LLC raised its position in shares of Entegris by 6.1% during the second quarter. Sands Capital Management LLC now owns 9,329,123 shares of the semiconductor company’s stock worth $1,033,853,000 after purchasing an additional 536,532 shares during the period. WCM Investment Management LLC lifted its holdings in shares of Entegris by 1.0% during the third quarter. WCM Investment Management LLC now owns 5,150,914 shares of the semiconductor company’s stock valued at $483,722,000 after purchasing an additional 53,011 shares during the last quarter. Finally, Baillie Gifford & Co. boosted its position in shares of Entegris by 50.7% in the 2nd quarter. Baillie Gifford & Co. now owns 4,005,207 shares of the semiconductor company’s stock valued at $443,857,000 after purchasing an additional 1,347,316 shares during the period.

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 four segments: Specialty Chemicals and Engineered Materials (SCEM); Microcontamination Control (MC); The Advanced Planarization Solutions (APS); and Advanced Materials Handling (AMH).