Fiera Capital Corp Purchases 10,041 Shares of Entegris, Inc. (NASDAQ:ENTG)

Fiera Capital Corp increased its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 1.2% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 830,244 shares of the semiconductor company’s stock after acquiring an additional 10,041 shares during the quarter. Fiera Capital Corp’s holdings in Entegris were worth $112,415,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Innealta Capital LLC acquired a new stake in Entegris in the second quarter valued at $26,000. Summit Securities Group LLC acquired a new stake in shares of Entegris in the second quarter valued at about $27,000. Trust Co. of Vermont bought a new position in shares of Entegris during the fourth quarter worth about $31,000. Opal Wealth Advisors LLC bought a new stake in Entegris in the second quarter valued at approximately $31,000. Finally, ORG Partners LLC acquired a new stake in Entegris during the 1st quarter valued at approximately $33,000.

Insider Activity

In other Entegris news, insider Daniel D. Woodland sold 15,000 shares of Entegris stock in a transaction on Thursday, July 11th. The shares were sold at an average price of $145.00, for a total transaction of $2,175,000.00. Following the transaction, the insider now directly owns 37,457 shares of the company’s stock, valued at approximately $5,431,265. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Entegris news, insider Daniel D. Woodland sold 15,000 shares of Entegris stock in a transaction that occurred on Thursday, July 11th. The shares were sold at an average price of $145.00, for a total transaction of $2,175,000.00. Following the transaction, the insider now owns 37,457 shares of the company’s stock, valued at approximately $5,431,265. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Bertrand Loy sold 27,044 shares of the company’s stock in a transaction that occurred on Wednesday, July 3rd. The shares were sold at an average price of $140.63, for a total value of $3,803,197.72. Following the completion of the transaction, the chief executive officer now directly owns 263,068 shares of the company’s stock, valued at $36,995,252.84. The disclosure for this sale can be found here. Insiders have sold 57,044 shares of company stock worth $8,078,198 over the last 90 days. 0.67% of the stock is currently owned by corporate insiders.

Entegris Stock Performance

Shares of ENTG stock opened at $115.87 on Tuesday. The company has a current ratio of 3.58, a quick ratio of 2.14 and a debt-to-equity ratio of 1.18. The firm has a fifty day simple moving average of $123.16 and a two-hundred day simple moving average of $130.11. Entegris, Inc. has a 12 month low of $84.13 and a 12 month high of $147.57. The firm has a market capitalization of $17.49 billion, a PE ratio of 55.71, a price-to-earnings-growth ratio of 1.56 and a beta of 1.25.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Wednesday, July 31st. The semiconductor company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.01. Entegris had a net margin of 5.61% and a return on equity of 12.03%. The firm had revenue of $812.60 million during the quarter, compared to analysts’ expectations of $802.43 million. During the same period last year, the company earned $0.66 earnings per share. The business’s revenue was down 9.8% on a year-over-year basis. Analysts forecast that Entegris, Inc. will post 3.14 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 21st. Stockholders of record on Wednesday, July 31st were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.35%. The ex-dividend date of this dividend was Wednesday, July 31st. Entegris’s dividend payout ratio (DPR) is presently 19.23%.

Wall Street Analysts Forecast Growth

ENTG has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Entegris from $160.00 to $145.00 and set a “buy” rating on the stock in a research note on Thursday, August 1st. Needham & Company LLC reissued a “buy” rating and issued a $150.00 price objective on shares of Entegris in a research report on Thursday, August 1st. BMO Capital Markets decreased their target price on Entegris from $160.00 to $145.00 and set an “outperform” rating for the company in a research note on Thursday, August 1st. Finally, Mizuho raised shares of Entegris from a “neutral” rating to an “outperform” rating and set a $143.00 price objective for the company in a research report on Thursday, August 1st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $146.80.

Entegris 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).