Schroder Investment Management Group Acquires 132,942 Shares of Entegris, Inc. (NASDAQ:ENTG)

Schroder Investment Management Group increased its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 26.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 630,195 shares of the semiconductor company’s stock after purchasing an additional 132,942 shares during the period. Schroder Investment Management Group owned 0.42% of Entegris worth $62,730,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ENTG. Bank of Montreal Can boosted its position in Entegris by 42.5% during the 3rd quarter. Bank of Montreal Can now owns 108,717 shares of the semiconductor company’s stock valued at $12,487,000 after acquiring an additional 32,439 shares in the last quarter. FMR LLC boosted its position in Entegris by 130.9% during the third quarter. FMR LLC now owns 272,833 shares of the semiconductor company’s stock valued at $30,702,000 after purchasing an additional 154,658 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Entegris by 18.3% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 33,984 shares of the semiconductor company’s stock valued at $3,824,000 after purchasing an additional 5,249 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Entegris by 2.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 607,975 shares of the semiconductor company’s stock worth $68,415,000 after purchasing an additional 14,184 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in shares of Entegris by 64.6% during the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 103,546 shares of the semiconductor company’s stock valued at $11,652,000 after buying an additional 40,620 shares during the last quarter.

Entegris Stock Performance

Shares of ENTG opened at $87.48 on Tuesday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. The stock has a 50-day moving average of $100.96 and a two-hundred day moving average of $104.00. The stock has a market cap of $13.24 billion, a P/E ratio of 45.33, a P/E/G ratio of 1.50 and a beta of 1.32. Entegris, Inc. has a one year low of $84.75 and a one year high of $147.57.

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

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.46%. Entegris’s payout ratio is currently 20.73%.

Analyst Upgrades and Downgrades

ENTG has been the topic of a number of analyst reports. Mizuho cut their price objective on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 price target on shares of Entegris in a research report on Friday, February 7th. KeyCorp lowered their price objective on Entegris from $150.00 to $141.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Finally, StockNews.com lowered Entegris from a “hold” rating to a “sell” rating in a research report on Monday, March 24th. One research 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.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $124.88.

Insider Buying and Selling

In other Entegris news, 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 transaction of $1,352,751.84. Following the completion of the transaction, the senior vice president now owns 34,820 shares in the company, valued at approximately $3,722,954.40. This trade represents a 26.65 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Olivier Blachier sold 984 shares of the business’s stock in a transaction dated 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 transaction, the senior vice president now directly owns 10,903 shares of the company’s stock, valued at approximately $1,177,524. This trade represents a 8.28 % 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 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).