Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT cut its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 58.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,687 shares of the semiconductor company’s stock after selling 26,093 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Entegris were worth $1,851,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Mountaineer Partners Management LLC boosted its stake in shares of Entegris by 16,255.1% during the 3rd quarter. Mountaineer Partners Management LLC now owns 11,044,594 shares of the semiconductor company’s stock worth $1,242,848,000 after acquiring an additional 10,977,064 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Entegris by 130.8% during the third quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company’s stock worth $155,287,000 after purchasing an additional 781,955 shares during the period. Swedbank AB lifted its holdings in shares of Entegris by 249.7% during the third quarter. Swedbank AB now owns 1,050,361 shares of the semiconductor company’s stock valued at $118,197,000 after purchasing an additional 750,000 shares during the last quarter. James Hambro & Partners LLP acquired a new position in shares of Entegris in the 4th quarter valued at $72,845,000. Finally, D1 Capital Partners L.P. purchased a new position in Entegris in the 3rd quarter worth about $72,143,000.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Mizuho reduced their price objective on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Citigroup reduced their price target on shares of Entegris from $130.00 to $123.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. BMO Capital Markets lowered their price objective on shares of Entegris from $145.00 to $135.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. StockNews.com upgraded Entegris from a “sell” rating to a “hold” rating in a report on Wednesday. Finally, UBS Group decreased their target price on Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $128.78.

Insider Activity at Entegris

In other Entegris news, SVP Clinton M. Haris sold 12,652 shares of the stock in a transaction on Monday, February 10th. The shares were sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the transaction, the senior vice president now directly owns 34,820 shares of the company’s stock, valued at $3,722,954.40. This represents a 26.65 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.67% of the company’s stock.

Entegris Trading Down 3.0 %

Entegris stock opened at $104.09 on Friday. Entegris, Inc. has a 12 month low of $94.92 and a 12 month high of $147.57. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08. The stock has a market cap of $15.73 billion, a P/E ratio of 53.93, a P/E/G ratio of 1.51 and a beta of 1.24. The company’s fifty day simple moving average is $103.09 and its 200-day simple moving average is $106.33.

Entegris (NASDAQ:ENTG) last issued its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. As a group, sell-side analysts forecast that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were issued a $0.10 dividend. The ex-dividend date was Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.38%. Entegris’s dividend payout ratio is currently 20.73%.

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).