Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank decreased its position in Entegris, Inc. (NASDAQ:ENTG) by 6.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,911 shares of the semiconductor company’s stock after selling 2,073 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Entegris were worth $3,161,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of ENTG. Fortitude Family Office LLC lifted its holdings in Entegris by 195.7% in the 4th quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 274 shares during the last quarter. Covestor Ltd lifted its stake in Entegris by 241.8% during the third quarter. Covestor Ltd now owns 417 shares of the semiconductor company’s stock valued at $47,000 after purchasing an additional 295 shares during the last quarter. Huntington National Bank boosted its holdings in Entegris by 41.0% during the third quarter. Huntington National Bank now owns 454 shares of the semiconductor company’s stock worth $51,000 after buying an additional 132 shares in the last quarter. Promus Capital LLC acquired a new position in Entegris in the fourth quarter worth approximately $71,000. Finally, Eagle Bay Advisors LLC increased its holdings in shares of Entegris by 4,375.0% in the fourth quarter. Eagle Bay Advisors LLC now owns 716 shares of the semiconductor company’s stock valued at $71,000 after buying an additional 700 shares in the last quarter.

Analyst Upgrades and Downgrades

ENTG has been the topic of a number of recent research reports. 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. Needham & Company LLC reissued a “buy” rating and issued a $120.00 price target on shares of Entegris in a research note on Friday, February 7th. KeyCorp reduced their price objective on shares of Entegris from $150.00 to $141.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Finally, StockNews.com raised shares of Entegris from a “sell” rating to a “hold” rating in a research report on Thursday. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Entegris currently has a consensus rating of “Moderate Buy” and an average price target of $124.88.

Insider Buying and Selling

In other Entegris news, SVP Olivier Blachier sold 984 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $108.00, for a total value of $106,272.00. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Clinton M. Haris sold 12,652 shares of the firm’s 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 owns 34,820 shares in the company, valued at $3,722,954.40. This represents a 26.65 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by corporate insiders.

Entegris Stock Up 4.2 %

Entegris stock opened at $98.37 on Friday. The firm’s 50 day moving average price is $102.34 and its two-hundred day moving average price is $105.18. The firm has a market cap of $14.87 billion, a PE ratio of 50.97, a P/E/G ratio of 1.50 and a beta of 1.32. Entegris, Inc. has a twelve month low of $92.84 and a twelve month high of $147.57. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, topping 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, research analysts predict that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were paid a $0.10 dividend. The ex-dividend date was Wednesday, January 29th. This represents a $0.40 annualized dividend 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).