Nomura Asset Management Co. Ltd. Has $4.52 Million Stock Holdings in Entegris, Inc. (NASDAQ:ENTG)

Nomura Asset Management Co. Ltd. lifted its stake in Entegris, Inc. (NASDAQ:ENTGFree Report) by 6.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 37,680 shares of the semiconductor company’s stock after acquiring an additional 2,300 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Entegris were worth $4,515,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new stake in shares of Entegris during the 4th quarter worth approximately $278,727,000. Gates Capital Management Inc. lifted its stake 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 last quarter. Jackson Square Partners LLC bought a new position in shares of Entegris in the 4th quarter valued at about $82,813,000. Envestnet Asset Management Inc. increased its stake in shares of Entegris by 48.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 988,601 shares of the semiconductor company’s stock worth $92,840,000 after purchasing an additional 321,146 shares during the last quarter. Finally, Clearbridge Investments LLC raised its holdings in shares of Entegris by 809.7% in the 4th quarter. Clearbridge Investments LLC now owns 226,368 shares of the semiconductor company’s stock valued at $27,123,000 after purchasing an additional 201,484 shares during the period.

Insider Buying and Selling

In related news, SVP Olivier Blachier sold 1,986 shares of the company’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $133.84, for a total transaction of $265,806.24. Following the completion of the sale, the senior vice president now owns 12,356 shares of the company’s stock, valued at $1,653,727.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, SVP James Anthony O’neill sold 6,761 shares of the business’s stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $133.50, for a total transaction of $902,593.50. Following the completion of the transaction, the senior vice president now owns 13,652 shares of the company’s stock, valued at approximately $1,822,542. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Olivier Blachier sold 1,986 shares of the firm’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $133.84, for a total value of $265,806.24. Following the completion of the sale, the senior vice president now directly owns 12,356 shares in the company, valued at $1,653,727.04. The disclosure for this sale can be found here. 0.67% of the stock is owned by company insiders.

Entegris Price Performance

Shares of Entegris stock opened at $128.92 on Thursday. The company has a quick ratio of 2.02, a current ratio of 3.35 and a debt-to-equity ratio of 1.22. The stock has a market capitalization of $19.44 billion, a price-to-earnings ratio of 61.98 and a beta of 1.31. Entegris, Inc. has a twelve month low of $84.13 and a twelve month high of $146.91. The company has a 50-day simple moving average of $133.05 and a two-hundred day simple moving average of $124.58.

Entegris (NASDAQ:ENTGGet Free Report) last released its quarterly earnings results on Wednesday, May 1st. The semiconductor company reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.07. The company had revenue of $771.03 million during the quarter, compared to the consensus estimate of $769.24 million. Entegris had a net margin of 9.31% and a return on equity of 11.94%. The firm’s quarterly revenue was down 16.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.65 earnings per share. Analysts forecast that Entegris, Inc. will post 3.25 EPS for the current year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 22nd. Stockholders of record on Wednesday, May 1st were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.31%. The ex-dividend date of this dividend was Tuesday, April 30th. Entegris’s dividend payout ratio (DPR) is currently 19.23%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. StockNews.com cut Entegris from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. UBS Group increased their price target on Entegris from $90.00 to $130.00 and gave the company a “neutral” rating in a research note on Thursday, February 15th. Craig Hallum raised shares of Entegris from a “hold” rating to a “buy” rating and set a $150.00 price objective for the company in a research report on Thursday, February 15th. 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. Finally, Mizuho raised their target price on shares of Entegris from $140.00 to $143.00 and gave the stock a “neutral” rating in a research note on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, Entegris has a consensus rating of “Moderate Buy” and a consensus target price of $148.67.

Read Our Latest Research Report on Entegris

About Entegris

(Free Report)

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).

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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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