Entegris, Inc. $ENTG Shares Sold by Cwm LLC

Cwm LLC lowered its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 11.1% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 1,895 shares of the semiconductor company’s stock after selling 236 shares during the quarter. Cwm LLC’s holdings in Entegris were worth $153,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its holdings in shares of Entegris by 80.5% during the first quarter. GAMMA Investing LLC now owns 3,210 shares of the semiconductor company’s stock worth $281,000 after purchasing an additional 1,432 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in shares of Entegris by 11.5% during the first quarter. Sequoia Financial Advisors LLC now owns 2,767 shares of the semiconductor company’s stock worth $242,000 after purchasing an additional 285 shares during the period. New York State Teachers Retirement System acquired a new stake in shares of Entegris during the first quarter worth about $4,870,000. Teacher Retirement System of Texas acquired a new stake in Entegris during the 1st quarter valued at approximately $1,931,000. Finally, Oregon Public Employees Retirement Fund acquired a new stake in Entegris during the 1st quarter valued at approximately $2,684,000.

Entegris Stock Performance

ENTG opened at $87.50 on Friday. The company has a quick ratio of 1.95, a current ratio of 3.30 and a debt-to-equity ratio of 1.04. The company has a market cap of $13.27 billion, a price-to-earnings ratio of 45.10 and a beta of 1.38. Entegris, Inc. has a 52-week low of $60.75 and a 52-week high of $112.36. The firm’s fifty day simple moving average is $89.80 and its two-hundred day simple moving average is $82.81.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Wednesday, July 6th. The semiconductor company reported $0.70 earnings per share for the quarter. The firm had revenue of $512.84 million for the quarter. Entegris had a net margin of 9.17% and a return on equity of 12.05%. Equities analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 19th. Stockholders of record on Wednesday, October 29th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Wednesday, October 29th. Entegris’s dividend payout ratio (DPR) is 20.62%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Entegris in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of Entegris from a “sell” rating to a “hold” rating in a research report on Friday, October 3rd. Zacks Research raised Entegris from a “strong sell” rating to a “hold” rating in a report on Friday, October 3rd. The Goldman Sachs Group started coverage on Entegris in a report on Thursday, July 10th. They issued a “neutral” rating and a $85.00 price objective for the company. Finally, UBS Group decreased their price objective on Entegris from $95.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, July 31st. Seven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $106.30.

Insider Buying and Selling at Entegris

In other Entegris news, SVP Susan G. Rice sold 8,858 shares of the firm’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $79.84, for a total value of $707,222.72. Following the transaction, the senior vice president owned 56,912 shares in the company, valued at approximately $4,543,854.08. This trade represents a 13.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.67% of the stock is currently owned by company insiders.

About Entegris

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).