Toronto Dominion Bank Has $2.01 Million Stock Holdings in Entegris, Inc. (NASDAQ:ENTG)

Toronto Dominion Bank lowered its stake in Entegris, Inc. (NASDAQ:ENTG) by 26.6% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 14,304 shares of the semiconductor company’s stock after selling 5,196 shares during the period. Toronto Dominion Bank’s holdings in Entegris were worth $2,010,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Raymond James & Associates grew its position in shares of Entegris by 1.6% in the fourth quarter. Raymond James & Associates now owns 110,314 shares of the semiconductor company’s stock valued at $13,218,000 after purchasing an additional 1,723 shares during the last quarter. Caprock Group LLC grew its holdings in Entegris by 4.0% in the 4th quarter. Caprock Group LLC now owns 3,032 shares of the semiconductor company’s stock valued at $363,000 after buying an additional 117 shares in the last quarter. Quent Capital LLC grew its holdings in Entegris by 59.1% in the 4th quarter. Quent Capital LLC now owns 366 shares of the semiconductor company’s stock valued at $44,000 after buying an additional 136 shares in the last quarter. Vanderbilt University bought a new position in Entegris during the 4th quarter worth $1,514,000. Finally, Arizona State Retirement System lifted its holdings in shares of Entegris by 1.0% during the fourth quarter. Arizona State Retirement System now owns 41,256 shares of the semiconductor company’s stock worth $4,943,000 after buying an additional 418 shares in the last quarter.

Insider Activity

In related news, SVP Olivier Blachier sold 1,986 shares of the company’s stock in a transaction that occurred on Thursday, May 16th. The shares were sold at an average price of $133.84, for a total transaction of $265,806.24. Following the completion of the transaction, the senior vice president now directly owns 12,356 shares in the company, valued at approximately $1,653,727.04. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CEO Bertrand Loy sold 27,044 shares of Entegris stock in a transaction dated Wednesday, July 3rd. The stock was sold at an average price of $140.63, for a total transaction of $3,803,197.72. Following the sale, the chief executive officer now directly owns 263,068 shares of the company’s stock, valued at $36,995,252.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Olivier Blachier sold 1,986 shares of the company’s stock in a transaction that occurred on Thursday, May 16th. The shares were sold at an average price of $133.84, for a total value of $265,806.24. Following the completion of the transaction, the senior vice president now directly owns 12,356 shares of the company’s stock, valued at approximately $1,653,727.04. The disclosure for this sale can be found here. In the last three months, insiders have sold 70,796 shares of company stock worth $9,870,921. Corporate insiders own 0.67% of the company’s stock.

Entegris Stock Performance

Shares of NASDAQ:ENTG opened at $126.72 on Friday. Entegris, Inc. has a 1 year low of $84.13 and a 1 year high of $147.57. The stock has a market capitalization of $19.11 billion, a price-to-earnings ratio of 60.92, a price-to-earnings-growth ratio of 1.44 and a beta of 1.25. The company has a debt-to-equity ratio of 1.22, a current ratio of 3.35 and a quick ratio of 2.02. The company’s 50 day simple moving average is $133.88 and its 200 day simple moving average is $131.66.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Wednesday, May 1st. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.07. Entegris had a return on equity of 11.94% and a net margin of 9.31%. The company had revenue of $771.03 million for the quarter, compared to analyst estimates of $769.24 million. During the same quarter last year, the company posted $0.65 EPS. The company’s revenue for the quarter was down 16.4% compared to the same quarter last year. As a group, research analysts predict that Entegris, Inc. will post 3.25 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 21st. Stockholders of record on Wednesday, July 31st will be paid a $0.10 dividend. The ex-dividend date is Wednesday, July 31st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.32%. Entegris’s payout ratio is currently 19.23%.

Analysts Set New Price Targets

Several equities analysts recently commented on ENTG shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $160.00 price target on shares of Entegris in a research note on Wednesday, June 26th. Mizuho raised their target price on shares of Entegris from $140.00 to $143.00 and gave the stock a “neutral” rating in a report on Thursday, May 2nd. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $150.00 price target on shares of Entegris in a research report on Monday, May 13th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, Entegris has a consensus rating of “Moderate Buy” and an average target price of $149.80.

About Entegris

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).