Dorsey & Whitney Trust CO LLC Boosts Stock Holdings in Entegris, Inc. (NASDAQ:ENTG)

Dorsey & Whitney Trust CO LLC grew its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 8.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 55,825 shares of the semiconductor company’s stock after acquiring an additional 4,273 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Entegris were worth $5,530,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. EFG Asset Management Americas Corp. boosted its holdings in shares of Entegris by 36.1% in the 4th quarter. EFG Asset Management Americas Corp. now owns 18,856 shares of the semiconductor company’s stock worth $1,868,000 after buying an additional 5,005 shares during the last quarter. Edgestream Partners L.P. boosted its holdings in shares of Entegris by 1,713.5% in the 4th quarter. Edgestream Partners L.P. now owns 57,689 shares of the semiconductor company’s stock worth $5,715,000 after buying an additional 54,508 shares during the last quarter. Callan Family Office LLC bought a new stake in Entegris in the 4th quarter valued at about $308,000. Inceptionr LLC bought a new stake in Entegris in the 4th quarter valued at about $482,000. Finally, Raymond James Financial Inc. bought a new stake in Entegris in the 4th quarter valued at about $91,869,000.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ENTG. KeyCorp lowered their price objective on Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. StockNews.com cut Entegris from a “hold” rating to a “sell” rating in a research note on Thursday, February 27th. Mizuho lowered their price objective on Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Finally, Needham & Company LLC restated a “buy” rating and issued a $120.00 price objective on shares of Entegris in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $124.88.

Entegris Trading Up 2.7 %

Shares of ENTG opened at $102.93 on Friday. The business’s 50-day moving average price is $102.64 and its 200-day moving average price is $105.95. Entegris, Inc. has a twelve month low of $94.92 and a twelve month high of $147.57. The stock has a market cap of $15.56 billion, a PE ratio of 53.33, a P/E/G ratio of 1.50 and a beta of 1.24. 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 (NASDAQ:ENTG) last announced its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. On average, equities analysts forecast that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend was Wednesday, January 29th. Entegris’s payout ratio is 20.73%.

Insider Transactions at Entegris

In other news, SVP Clinton M. Haris sold 12,652 shares of the business’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the completion of the transaction, the senior vice president now owns 34,820 shares of the company’s stock, valued at approximately $3,722,954.40. The trade was a 26.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Olivier Blachier sold 984 shares of the business’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $108.00, for a total value of $106,272.00. Following the transaction, the senior vice president now directly owns 10,903 shares of the company’s stock, valued at $1,177,524. The trade was a 8.28 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by 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).