Rockefeller Capital Management L.P. Has $1.50 Million Stock Position in Entegris, Inc. (NASDAQ:ENTG)

Rockefeller Capital Management L.P. trimmed its holdings in Entegris, Inc. (NASDAQ:ENTG) by 2.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,157 shares of the semiconductor company’s stock after selling 399 shares during the period. Rockefeller Capital Management L.P.’s holdings in Entegris were worth $1,504,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ENTG. Barclays PLC boosted its stake in shares of Entegris by 44.2% during the 3rd quarter. Barclays PLC now owns 963,157 shares of the semiconductor company’s stock worth $108,383,000 after acquiring an additional 295,358 shares in the last quarter. M&T Bank Corp lifted its holdings in Entegris by 3.2% in the 3rd quarter. M&T Bank Corp now owns 55,222 shares of the semiconductor company’s stock worth $6,214,000 after purchasing an additional 1,697 shares during the last quarter. Virtu Financial LLC bought a new stake in Entegris during the third quarter worth approximately $782,000. Tidal Investments LLC grew its holdings in Entegris by 119.2% during the third quarter. Tidal Investments LLC now owns 42,780 shares of the semiconductor company’s stock valued at $4,814,000 after purchasing an additional 23,262 shares during the last quarter. Finally, Synovus Financial Corp raised its position in shares of Entegris by 102.3% in the third quarter. Synovus Financial Corp now owns 38,253 shares of the semiconductor company’s stock valued at $4,305,000 after purchasing an additional 19,340 shares during the period.

Entegris Stock Up 1.7 %

NASDAQ ENTG opened at $68.73 on Monday. Entegris, Inc. has a 1-year low of $60.75 and a 1-year high of $147.57. The company has a market capitalization of $10.40 billion, a price-to-earnings ratio of 35.61, a PEG ratio of 1.50 and a beta of 1.36. The stock’s 50 day moving average is $90.83 and its two-hundred day moving average is $99.55. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. Equities analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Wednesday, April 30th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.58%. The ex-dividend date is Wednesday, April 30th. Entegris’s payout ratio is 20.73%.

Insider Transactions at Entegris

In other Entegris news, SVP Olivier Blachier sold 984 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the sale, the senior vice president now owns 10,903 shares of the company’s stock, valued at $1,177,524. This represents a 8.28 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Clinton M. Haris sold 12,652 shares of the business’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the completion of the transaction, the senior vice president now directly owns 34,820 shares of the company’s stock, valued at approximately $3,722,954.40. This represents a 26.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. StockNews.com downgraded shares of Entegris from a “hold” rating to a “sell” rating in a report on Saturday. Mizuho decreased their price target on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. KeyCorp dropped their price objective on Entegris from $141.00 to $130.00 and set an “overweight” rating on the stock in a research note on Monday, April 14th. Finally, Needham & Company LLC restated a “buy” rating and set a $120.00 target price on shares of Entegris in a research note on Friday, February 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company. According to MarketBeat, Entegris presently has an average rating of “Moderate Buy” and an average target price of $123.50.

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 three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).