Entegris, Inc. (NASDAQ:ENTG) Shares Bought by California State Teachers Retirement System

California State Teachers Retirement System lifted its stake in shares of Entegris, Inc. (NASDAQ:ENTGFree Report) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 230,437 shares of the semiconductor company’s stock after acquiring an additional 1,459 shares during the period. California State Teachers Retirement System owned 0.15% of Entegris worth $27,611,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of Entegris in the 4th quarter valued at about $35,000. Quent Capital LLC grew its stake in Entegris by 59.1% during the fourth quarter. Quent Capital LLC now owns 366 shares of the semiconductor company’s stock worth $44,000 after buying an additional 136 shares during the period. Arlington Trust Co LLC acquired a new stake in shares of Entegris in the fourth quarter worth $46,000. VisionPoint Advisory Group LLC purchased a new position in shares of Entegris in the 4th quarter valued at $66,000. Finally, Manchester Capital Management LLC raised its stake in shares of Entegris by 19.1% in the 4th quarter. Manchester Capital Management LLC now owns 599 shares of the semiconductor company’s stock valued at $72,000 after acquiring an additional 96 shares during the period.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. BMO Capital Markets increased their price target on Entegris from $130.00 to $160.00 and gave the company an “outperform” rating in a report on Friday, February 16th. Needham & Company LLC reiterated a “buy” rating and set a $150.00 target price on shares of Entegris in a report on Monday, May 13th. Citigroup boosted their price target on Entegris from $117.00 to $134.00 and gave the stock a “neutral” rating in a research report on Friday, February 16th. The Goldman Sachs Group increased their price objective on shares of Entegris from $104.00 to $147.00 and gave the company a “buy” rating in a research report on Thursday, February 15th. Finally, Wolfe Research initiated coverage on shares of Entegris in a research report on Friday, March 1st. They set an “outperform” rating and a $160.00 target price on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $148.67.

Check Out Our Latest Analysis on ENTG

Insiders Place Their Bets

In other news, SVP Clinton M. Haris sold 5,005 shares of Entegris stock in a transaction on Friday, May 31st. The stock was sold at an average price of $124.74, for a total value of $624,323.70. Following the completion of the sale, the senior vice president now directly owns 34,600 shares of the company’s stock, valued at $4,316,004. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, SVP Clinton M. Haris sold 5,005 shares of the firm’s stock in a transaction dated Friday, May 31st. The stock was sold at an average price of $124.74, for a total transaction of $624,323.70. Following the completion of the transaction, the senior vice president now directly owns 34,600 shares in the company, valued at approximately $4,316,004. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Olivier Blachier sold 1,986 shares of Entegris 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 transaction, the senior vice president now directly owns 12,356 shares of the company’s stock, valued at $1,653,727.04. The disclosure for this sale can be found here. Insiders have sold 13,752 shares of company stock worth $1,792,723 over the last ninety days. Corporate insiders own 0.67% of the company’s stock.

Entegris Stock Performance

Shares of Entegris stock opened at $132.30 on Thursday. The firm has a market cap of $19.95 billion, a PE ratio of 63.64 and a beta of 1.24. The company has a quick ratio of 2.02, a current ratio of 3.35 and a debt-to-equity ratio of 1.22. Entegris, Inc. has a 52 week low of $84.13 and a 52 week high of $146.91. The business’s fifty day simple moving average is $131.96 and its 200-day simple moving average is $125.50.

Entegris (NASDAQ:ENTGGet Free Report) last posted its earnings results on Wednesday, May 1st. The semiconductor company reported $0.68 EPS for the quarter, beating 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 company had revenue of $771.03 million for the quarter, compared to analysts’ expectations of $769.24 million. During the same quarter in the prior year, the company posted $0.65 earnings per share. Entegris’s revenue for the quarter was down 16.4% compared to the same quarter last year. Equities analysts forecast that Entegris, Inc. will post 3.25 earnings per share for the current year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 22nd. Shareholders of record on Wednesday, May 1st were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date was Tuesday, April 30th. Entegris’s payout ratio is 19.23%.

Entegris Profile

(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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