Wealth Enhancement Advisory Services LLC Has $852,000 Position in Entegris, Inc. (NASDAQ:ENTG)

Wealth Enhancement Advisory Services LLC boosted its holdings in Entegris, Inc. (NASDAQ:ENTG) by 2.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,596 shares of the semiconductor company’s stock after buying an additional 203 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Entegris were worth $852,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Quarry LP acquired a new position in Entegris in the fourth quarter valued at approximately $28,000. Neo Ivy Capital Management acquired a new position in Entegris in the fourth quarter valued at approximately $34,000. Parvin Asset Management LLC acquired a new position in Entegris in the fourth quarter valued at approximately $69,000. Promus Capital LLC acquired a new position in Entegris in the fourth quarter valued at approximately $71,000. Finally, Smartleaf Asset Management LLC lifted its holdings in Entegris by 27.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company’s stock valued at $73,000 after buying an additional 158 shares during the period.

Analysts Set New Price Targets

Several brokerages recently weighed in on ENTG. KeyCorp cut their price objective on shares of Entegris from $130.00 to $117.00 and set an “overweight” rating on the stock in a report on Thursday, May 8th. Wall Street Zen cut shares of Entegris from a “hold” rating to a “sell” rating in a research report on Saturday, April 19th. UBS Group decreased their price target on shares of Entegris from $90.00 to $85.00 and set a “neutral” rating for the company in a report on Thursday, May 8th. Citigroup decreased their price target on shares of Entegris from $125.00 to $102.00 and set a “buy” rating for the company in a report on Thursday, May 8th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $100.00 price target on shares of Entegris in a report on Tuesday, May 20th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $113.00.

Entegris Stock Up 7.6%

Shares of ENTG stock opened at $78.47 on Tuesday. The firm has a fifty day moving average of $74.30 and a 200-day moving average of $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, Inc. has a 12-month low of $60.75 and a 12-month high of $147.57. The company has a market capitalization of $11.88 billion, a price-to-earnings ratio of 40.66, a P/E/G ratio of 1.50 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data 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 EPS. The firm’s revenue was up .3% on a year-over-year basis. As a group, equities research analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

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