Savant Capital LLC Makes New $371,000 Investment in Entegris, Inc. (NASDAQ:ENTG)

Savant Capital LLC purchased a new stake in Entegris, Inc. (NASDAQ:ENTG) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 3,094 shares of the semiconductor company’s stock, valued at approximately $371,000.

A number of other institutional investors have also recently modified their holdings of the business. Gates Capital Management Inc. lifted its holdings in Entegris by 9,839.3% in the third quarter. Gates Capital Management Inc. now owns 701,613 shares of the semiconductor company’s stock valued at $65,888,000 after acquiring an additional 694,554 shares during the period. Envestnet Asset Management Inc. grew its position in Entegris by 48.1% during the third quarter. Envestnet Asset Management Inc. now owns 988,601 shares of the semiconductor company’s stock worth $92,840,000 after buying an additional 321,146 shares during the period. Hawk Ridge Capital Management LP purchased a new position in Entegris in the third quarter valued at about $18,275,000. Invesco Ltd. lifted its position in shares of Entegris by 16.1% during the 3rd quarter. Invesco Ltd. now owns 1,271,148 shares of the semiconductor company’s stock valued at $119,374,000 after acquiring an additional 176,029 shares during the period. Finally, DekaBank Deutsche Girozentrale lifted its position in shares of Entegris by 43.9% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 522,765 shares of the semiconductor company’s stock valued at $62,832,000 after acquiring an additional 159,368 shares during the period.

Insider Transactions at Entegris

In other Entegris news, SVP Susan G. Rice sold 17,518 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $135.86, for a total transaction of $2,379,995.48. Following the completion of the sale, the senior vice president now owns 42,931 shares of the company’s stock, valued at $5,832,605.66. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Entegris news, CAO Michael Sauer sold 1,897 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $132.54, for a total value of $251,428.38. Following the completion of the transaction, the chief accounting officer now directly owns 1,779 shares of the company’s stock, valued at approximately $235,788.66. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Susan G. Rice sold 17,518 shares of Entegris stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $135.86, for a total value of $2,379,995.48. Following the sale, the senior vice president now directly owns 42,931 shares in the company, valued at $5,832,605.66. The disclosure for this sale can be found here. Insiders sold a total of 41,082 shares of company stock worth $5,606,849 in the last ninety days. Insiders own 0.67% of the company’s stock.

Entegris Stock Performance

NASDAQ:ENTG opened at $131.80 on Monday. Entegris, Inc. has a 1-year low of $72.96 and a 1-year high of $146.91. The firm has a 50 day simple moving average of $135.27 and a 200-day simple moving average of $119.44. The firm has a market cap of $19.87 billion, a PE ratio of 63.37 and a beta of 1.31. The company has a debt-to-equity ratio of 1.22, a current ratio of 3.35 and a quick ratio of 2.67.

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

Entegris Dividend Announcement

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

Analyst Ratings Changes

ENTG has been the subject of several research analyst reports. KeyCorp raised their price objective on Entegris from $136.00 to $164.00 and gave the company an “overweight” rating in a research note on Thursday, February 15th. StockNews.com cut Entegris from a “hold” rating to a “sell” rating in a research report on Thursday, February 22nd. Needham & Company LLC reiterated a “buy” rating and issued a $150.00 price objective on shares of Entegris in a research report on Wednesday, May 1st. Citigroup raised their target price on shares of Entegris from $117.00 to $134.00 and gave the company a “neutral” rating in a report on Friday, February 16th. Finally, The Goldman Sachs Group upped their price target on shares of Entegris from $104.00 to $147.00 and gave the company a “buy” rating in a report on Thursday, February 15th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $141.91.

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).