NBC Securities Inc. Has $123,000 Stock Holdings in Entegris, Inc. (NASDAQ:ENTG)

NBC Securities Inc. raised its holdings in Entegris, Inc. (NASDAQ:ENTG) by 140,900.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 1,410 shares of the semiconductor company’s stock after acquiring an additional 1,409 shares during the quarter. NBC Securities Inc.’s holdings in Entegris were worth $123,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ENTG. Sumitomo Mitsui Trust Group Inc. increased its position in Entegris by 4.3% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 300,990 shares of the semiconductor company’s stock valued at $29,816,000 after acquiring an additional 12,314 shares during the period. Empowered Funds LLC increased its position in Entegris by 19.8% in the 4th quarter. Empowered Funds LLC now owns 23,101 shares of the semiconductor company’s stock valued at $2,288,000 after acquiring an additional 3,816 shares during the period. Equitable Trust Co. increased its position in Entegris by 61.0% in the 4th quarter. Equitable Trust Co. now owns 10,468 shares of the semiconductor company’s stock valued at $1,037,000 after acquiring an additional 3,967 shares during the period. Louisbourg Investments Inc. acquired a new position in Entegris in the 4th quarter valued at approximately $2,156,000. Finally, Values First Advisors Inc. increased its position in Entegris by 55.0% in the 4th quarter. Values First Advisors Inc. now owns 6,004 shares of the semiconductor company’s stock valued at $595,000 after acquiring an additional 2,130 shares during the period.

Analysts Set New Price Targets

A number of research firms have recently commented on ENTG. KeyCorp reduced their price objective on shares of Entegris from $130.00 to $117.00 and set an “overweight” rating on the stock in a research note on Thursday, May 8th. Wall Street Zen lowered shares of Entegris from a “hold” rating to a “sell” rating in a research note on Saturday, April 19th. Needham & Company LLC reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Entegris in a research note on Tuesday, May 20th. Citigroup reduced their price objective on shares of Entegris from $125.00 to $102.00 and set a “buy” rating on the stock in a research note on Thursday, May 8th. Finally, UBS Group reduced their price objective on shares of Entegris from $90.00 to $85.00 and set a “neutral” rating on the stock in a research note on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $113.00.

Entegris Stock Up 7.6%

Shares of NASDAQ ENTG opened at $78.47 on Tuesday. The firm has a market cap of $11.88 billion, a PE ratio of 40.66, a P/E/G ratio of 1.50 and a beta of 1.24. Entegris, Inc. has a 12-month low of $60.75 and a 12-month high of $147.57. The company’s fifty day simple moving average is $74.30 and its 200 day simple moving average is $92.24. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08.

Entegris (NASDAQ:ENTG) last issued its earnings results on Wednesday, May 7th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.02). Entegris had a return on equity of 12.83% and a net margin of 9.03%. The company had revenue of $773.20 million for the quarter, compared to the consensus estimate of $790.75 million. During the same period in the prior year, the company earned $0.68 earnings per share. The firm’s revenue was up .3% compared to the same quarter last year. As a group, sell-side analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date of this dividend was Wednesday, April 30th. Entegris’s dividend payout ratio (DPR) is 19.61%.

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).