Entegris, Inc. $ENTG Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its position in Entegris, Inc. (NASDAQ:ENTG) by 0.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,134,500 shares of the semiconductor company’s stock after purchasing an additional 10,539 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.75% of Entegris worth $91,497,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Alpine Bank Wealth Management boosted its position in shares of Entegris by 73.7% during the second quarter. Alpine Bank Wealth Management now owns 311 shares of the semiconductor company’s stock worth $25,000 after buying an additional 132 shares during the period. Costello Asset Management INC bought a new stake in Entegris during the 1st quarter valued at $26,000. Rise Advisors LLC bought a new stake in Entegris during the 1st quarter valued at $26,000. Summit Securities Group LLC acquired a new position in Entegris during the 1st quarter worth $36,000. Finally, SVB Wealth LLC bought a new position in shares of Entegris in the first quarter worth $43,000.

Entegris Stock Up 2.6%

ENTG stock opened at $77.05 on Friday. The firm has a market cap of $11.68 billion, a PE ratio of 39.72 and a beta of 1.39. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $112.36. The company has a debt-to-equity ratio of 1.04, a current ratio of 3.30 and a quick ratio of 1.95. The firm has a 50 day simple moving average of $87.52 and a 200 day simple moving average of $83.37.

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

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 19th. Investors of record on Wednesday, October 29th were given a $0.10 dividend. The ex-dividend date was Wednesday, October 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.5%. Entegris’s dividend payout ratio (DPR) is 21.16%.

Insider Transactions at Entegris

In other Entegris news, SVP Joseph Colella sold 3,577 shares of the business’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $88.41, for a total transaction of $316,242.57. Following the sale, the senior vice president owned 34,364 shares in the company, valued at approximately $3,038,121.24. The trade was a 9.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Olivier Blachier sold 488 shares of the firm’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $77.43, for a total transaction of $37,785.84. Following the completion of the transaction, the senior vice president owned 14,124 shares of the company’s stock, valued at approximately $1,093,621.32. The trade was a 3.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.67% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on ENTG shares. Mizuho reduced their price objective on shares of Entegris from $108.00 to $96.00 and set an “outperform” rating for the company in a report on Thursday, November 20th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Entegris in a research note on Tuesday. Wall Street Zen upgraded shares of Entegris from a “sell” rating to a “hold” rating in a report on Friday, October 3rd. Oppenheimer started coverage on Entegris in a report on Thursday, September 4th. They set a “market perform” rating and a $95.00 target price on the stock. Finally, Zacks Research lowered Entegris from a “hold” rating to a “strong sell” rating in a research note on Monday, November 3rd. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $95.86.

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).