Entegris, Inc. (NASDAQ:ENTG) is RGM Capital LLC’s 10th Largest Position

RGM Capital LLC increased its holdings in Entegris, Inc. (NASDAQ:ENTG) by 76.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,050,037 shares of the semiconductor company’s stock after buying an additional 454,853 shares during the period. Entegris comprises about 5.1% of RGM Capital LLC’s holdings, making the stock its 10th largest position. RGM Capital LLC’s holdings in Entegris were worth $118,161,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in ENTG. Earnest Partners LLC raised its stake in Entegris by 0.6% in the 2nd quarter. Earnest Partners LLC now owns 1,858,757 shares of the semiconductor company’s stock valued at $251,676,000 after purchasing an additional 11,692 shares during the last quarter. American Century Companies Inc. raised its position in shares of Entegris by 20.2% in the second quarter. American Century Companies Inc. now owns 1,523,824 shares of the semiconductor company’s stock valued at $206,326,000 after buying an additional 256,186 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in shares of Entegris by 0.9% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,503,656 shares of the semiconductor company’s stock valued at $169,206,000 after buying an additional 12,913 shares during the period. Principal Financial Group Inc. boosted its position in Entegris by 130.8% during the third quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company’s stock worth $155,287,000 after acquiring an additional 781,955 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in Entegris by 7.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,083,217 shares of the semiconductor company’s stock worth $146,668,000 after acquiring an additional 77,083 shares during the period.

Entegris Stock Down 1.1 %

Entegris stock traded down $1.18 during midday trading on Wednesday, hitting $104.34. 1,165 shares of the company were exchanged, compared to its average volume of 1,707,142. The company has a market cap of $15.76 billion, a PE ratio of 69.88, a price-to-earnings-growth ratio of 1.78 and a beta of 1.24. Entegris, Inc. has a fifty-two week low of $94.92 and a fifty-two week high of $147.57. The company’s fifty day moving average price is $107.05 and its 200-day moving average price is $118.41. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.92 and a quick ratio of 1.83.

Entegris (NASDAQ:ENTG) last posted its earnings results on Monday, November 4th. The semiconductor company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). The firm had revenue of $807.70 million for the quarter, compared to analyst estimates of $832.44 million. Entegris had a return on equity of 12.24% and a net margin of 7.13%. The company’s revenue for the quarter was down 9.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.68 earnings per share. On average, research analysts predict that Entegris, Inc. will post 2.99 EPS for the current fiscal year.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, October 30th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.38%. The ex-dividend date was Wednesday, October 30th. Entegris’s dividend payout ratio (DPR) is 26.49%.

Analyst Upgrades and Downgrades

ENTG has been the topic of a number of recent analyst reports. Needham & Company LLC reissued a “buy” rating and set a $150.00 price target on shares of Entegris in a research note on Thursday, August 1st. KeyCorp lowered their price target on Entegris from $164.00 to $154.00 and set an “overweight” rating for the company in a report on Tuesday, November 5th. BMO Capital Markets decreased their target price on shares of Entegris from $145.00 to $135.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. UBS Group dropped their price target on shares of Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. Finally, Mizuho reduced their target price on Entegris from $143.00 to $125.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $135.40.

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).