Robeco Schweiz AG bought a new position in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 387,452 shares of the semiconductor company’s stock, valued at approximately $59,691,000. Robeco Schweiz AG owned 0.25% of Entegris at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Millstone Evans Group LLC raised its position in Entegris by 191.3% during the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 176 shares during the last quarter. Ancora Advisors LLC purchased a new stake in Entegris in the 2nd quarter worth approximately $31,000. Transamerica Financial Advisors LLC bought a new stake in shares of Entegris in the 2nd quarter worth approximately $32,000. First Horizon Corp grew its position in shares of Entegris by 147.1% in the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after buying an additional 178 shares during the last quarter. Finally, SBI Securities Co. Ltd. grew its position in shares of Entegris by 51.1% in the 3rd quarter. SBI Securities Co. Ltd. now owns 278 shares of the semiconductor company’s stock worth $43,000 after buying an additional 94 shares during the last quarter.
Entegris Price Performance
ENTG stock opened at $134.52 on Friday. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94. The company has a market cap of $20.51 billion, a P/E ratio of 67.60, a PEG ratio of 1.23 and a beta of 1.40. The firm has a 50-day moving average of $145.86 and a 200 day moving average of $144.36. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85.
Entegris Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 18th. Stockholders of record on Wednesday, October 28th will be given a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, October 28th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s dividend payout ratio is currently 20.10%.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on ENTG shares. Barclays began coverage on Entegris in a research note on Monday, October 12th. They set an “overweight” rating and a $212.00 target price on the stock. Needham & Company LLC raised their price target on Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. UBS Group raised their price target on Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Citigroup lifted their price target on shares of Entegris from $170.00 to $195.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Zacks Research downgraded shares of Entegris from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 7th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Entegris has an average rating of “Buy” and a consensus target price of $181.67.
Check Out Our Latest Stock Report on Entegris
Insider Transactions at Entegris
In other news, SVP Joseph Colella sold 3,916 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $164.48, for a total value of $644,103.68. Following the completion of the transaction, the senior vice president owned 50,297 shares in the company, valued at $8,272,850.56. This trade represents a 7.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Olivier Blachier sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the transaction, the insider owned 34,997 shares of the company’s stock, valued at approximately $5,622,618.02. The trade was a 5.41% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 7,978 shares of company stock valued at $1,273,734. Corporate insiders own 0.53% of the company’s stock.
About Entegris
Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.
The company’s products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.
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