Entegris, Inc. (NASDAQ:ENTG) Shares Purchased by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL increased its holdings in Entegris, Inc. (NASDAQ:ENTG) by 13.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 21,550 shares of the semiconductor company’s stock after purchasing an additional 2,550 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Entegris were worth $2,135,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ENTG. Barclays PLC grew its stake in Entegris by 44.2% in the 3rd quarter. Barclays PLC now owns 963,157 shares of the semiconductor company’s stock valued at $108,383,000 after acquiring an additional 295,358 shares during the period. M&T Bank Corp grew its position in shares of Entegris by 3.2% in the third quarter. M&T Bank Corp now owns 55,222 shares of the semiconductor company’s stock valued at $6,214,000 after purchasing an additional 1,697 shares during the period. Virtu Financial LLC acquired a new position in shares of Entegris during the 3rd quarter worth about $782,000. Sanctuary Advisors LLC raised its holdings in shares of Entegris by 22.1% during the third quarter. Sanctuary Advisors LLC now owns 13,038 shares of the semiconductor company’s stock valued at $1,398,000 after acquiring an additional 2,356 shares during the last quarter. Finally, Tidal Investments LLC lifted its position in shares of Entegris by 119.2% in the third quarter. Tidal Investments LLC now owns 42,780 shares of the semiconductor company’s stock valued at $4,814,000 after acquiring an additional 23,262 shares in the last quarter.

Entegris Trading Up 1.7 %

NASDAQ:ENTG opened at $68.73 on Friday. The stock has a fifty day moving average price of $91.57 and a 200 day moving average price of $100.00. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. The firm has a market cap of $10.40 billion, a PE ratio of 35.61, a price-to-earnings-growth ratio of 1.50 and a beta of 1.36. Entegris, Inc. has a 12-month low of $60.75 and a 12-month high of $147.57.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.77 by $0.07. Entegris had a net margin of 9.03% and a return on equity of 12.83%. Sell-side analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 21st. Investors of record on Wednesday, April 30th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date is Wednesday, April 30th. Entegris’s dividend payout ratio is currently 20.73%.

Insider Activity

In related news, SVP Olivier Blachier sold 984 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $108.00, for a total value of $106,272.00. Following the sale, the senior vice president now owns 10,903 shares in the company, valued at $1,177,524. This represents a 8.28 % decrease in their position. 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 company’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $106.92, for a total value of $1,352,751.84. Following the completion of the sale, the senior vice president now directly owns 34,820 shares in the company, valued at $3,722,954.40. This trade represents a 26.65 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

ENTG has been the topic of a number of research reports. KeyCorp decreased their price objective on Entegris from $141.00 to $130.00 and set an “overweight” rating on the stock in a report on Monday. Mizuho lowered their price target 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. StockNews.com downgraded shares of Entegris from a “hold” rating to a “sell” rating in a report on Friday, April 11th. Finally, Needham & Company LLC restated a “buy” rating and issued a $120.00 price target on shares of Entegris in a research report on Friday, February 7th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $123.50.

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).