Callan Family Office LLC Buys Shares of 3,107 Entegris, Inc. (NASDAQ:ENTG)

Callan Family Office LLC purchased a new position in Entegris, Inc. (NASDAQ:ENTG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,107 shares of the semiconductor company’s stock, valued at approximately $308,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Angeles Investment Advisors LLC boosted its stake in shares of Entegris by 4.1% in the 3rd quarter. Angeles Investment Advisors LLC now owns 3,230 shares of the semiconductor company’s stock worth $363,000 after buying an additional 127 shares during the last quarter. Torray Investment Partners LLC boosted its stake in shares of Entegris by 0.9% in the 4th quarter. Torray Investment Partners LLC now owns 15,266 shares of the semiconductor company’s stock worth $1,512,000 after buying an additional 129 shares during the last quarter. Huntington National Bank boosted its stake in shares of Entegris by 41.0% in the 3rd quarter. Huntington National Bank now owns 454 shares of the semiconductor company’s stock worth $51,000 after buying an additional 132 shares during the last quarter. Metis Global Partners LLC boosted its stake in shares of Entegris by 7.1% in the 4th quarter. Metis Global Partners LLC now owns 2,049 shares of the semiconductor company’s stock worth $203,000 after buying an additional 135 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Entegris by 27.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company’s stock worth $73,000 after buying an additional 158 shares during the last quarter.

Analyst Upgrades and Downgrades

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

Insider Activity

In related news, SVP Olivier Blachier sold 984 shares of Entegris 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 completion of the transaction, the senior vice president now owns 10,903 shares in the company, valued at approximately $1,177,524. This trade represents a 8.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Clinton M. Haris sold 12,652 shares of Entegris stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $106.92, for a total value 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. This represents a 26.65 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.67% of the company’s stock.

Entegris Trading Down 5.2 %

Shares of Entegris stock opened at $97.59 on Tuesday. The firm has a market cap of $14.75 billion, a price-to-earnings ratio of 50.56, a PEG ratio of 1.50 and a beta of 1.32. The business has a 50-day moving average price of $102.62 and a 200-day moving average price of $105.66. 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, Inc. has a twelve month low of $94.92 and a twelve month high of $147.57.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share 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%. Equities research analysts anticipate 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. Stockholders of record on Wednesday, January 29th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.41%. Entegris’s payout ratio is 20.73%.

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).