13,420 Shares in Entegris, Inc. (NASDAQ:ENTG) Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC purchased a new position in shares of Entegris, Inc. (NASDAQ:ENTG) in the 4th quarter, Holdings Channel reports. The firm purchased 13,420 shares of the semiconductor company’s stock, valued at approximately $16,080,000.

Other large investors also recently bought and sold shares of the company. Quent Capital LLC lifted its stake in shares of Entegris by 59.1% in the 4th quarter. Quent Capital LLC now owns 366 shares of the semiconductor company’s stock valued at $44,000 after purchasing an additional 136 shares in the last quarter. Arlington Trust Co LLC acquired a new stake in Entegris during the 4th quarter worth approximately $46,000. NBC Securities Inc. purchased a new position in Entegris in the third quarter valued at approximately $135,000. Signaturefd LLC grew its stake in Entegris by 32.6% during the third quarter. Signaturefd LLC now owns 1,501 shares of the semiconductor company’s stock worth $141,000 after buying an additional 369 shares during the period. Finally, Allworth Financial LP increased its position in shares of Entegris by 7.3% in the fourth quarter. Allworth Financial LP now owns 1,463 shares of the semiconductor company’s stock worth $175,000 after acquiring an additional 100 shares in the last quarter.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Wolfe Research began coverage on shares of Entegris in a report on Friday, March 1st. They set an “outperform” rating and a $160.00 target price on the stock. Craig Hallum raised Entegris from a “hold” rating to a “buy” rating and set a $150.00 target price for the company in a research report on Thursday, February 15th. StockNews.com lowered Entegris from a “hold” rating to a “sell” rating in a research note on Thursday, February 22nd. Needham & Company LLC reissued a “buy” rating and set a $150.00 price target on shares of Entegris in a research report on Wednesday. Finally, BMO Capital Markets increased their price objective on shares of Entegris from $130.00 to $160.00 and gave the company an “outperform” rating in a research report on Friday, February 16th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Entegris currently has a consensus rating of “Moderate Buy” and an average price target of $141.91.

Insider Buying and Selling

In other Entegris news, CAO Michael Sauer sold 1,897 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $132.54, for a total transaction of $251,428.38. Following the sale, the chief accounting officer now owns 1,779 shares in the company, valued at $235,788.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, CAO Michael Sauer sold 1,897 shares of the firm’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $132.54, for a total transaction of $251,428.38. Following the transaction, the chief accounting officer now directly owns 1,779 shares in the company, valued at $235,788.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Daniel D. Woodland sold 9,000 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $139.50, for a total transaction of $1,255,500.00. Following the sale, the insider now owns 32,730 shares of the company’s stock, valued at approximately $4,565,835. The disclosure for this sale can be found here. Over the last three months, insiders sold 41,082 shares of company stock worth $5,606,849. Corporate insiders own 0.67% of the company’s stock.

Entegris Stock Performance

Shares of ENTG opened at $131.80 on Friday. The firm has a market cap of $19.87 billion, a price-to-earnings ratio of 63.37 and a beta of 1.31. The company has a quick ratio of 2.67, a current ratio of 3.35 and a debt-to-equity ratio of 1.22. The business’s 50 day moving average is $135.27 and its two-hundred day moving average is $119.28. Entegris, Inc. has a 52-week low of $72.96 and a 52-week high of $146.91.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Wednesday, May 1st. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.07. Entegris had a net margin of 9.31% and a return on equity of 11.94%. The business had revenue of $771.03 million during the quarter, compared to analyst estimates of $769.24 million. During the same quarter in the previous year, the firm earned $0.65 earnings per share. The business’s revenue was down 16.4% compared to the same quarter last year. Analysts forecast that Entegris, Inc. will post 3.27 EPS for the current fiscal year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Wednesday, May 1st will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, April 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.30%. Entegris’s payout ratio is 19.23%.

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).