Entegris, Inc. (NASDAQ:ENTG) SVP Clinton M. Haris Sells 12,652 Shares of Stock

Entegris, Inc. (NASDAQ:ENTG) 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 sale, the senior vice president now owns 34,820 shares of the company’s stock, valued at approximately $3,722,954.40. This trade represents a 26.65 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Entegris Stock Performance

Shares of NASDAQ ENTG opened at $107.77 on Thursday. The firm’s fifty day moving average is $103.21 and its two-hundred day moving average is $106.60. Entegris, Inc. has a 52-week low of $94.92 and a 52-week high of $147.57. The company has a market cap of $16.27 billion, a P/E ratio of 55.84, a P/E/G ratio of 1.49 and a beta of 1.24. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.83 and a current ratio of 2.92.

Entegris (NASDAQ:ENTG) last announced its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.07. Entegris had a net margin of 9.03% and a return on equity of 13.00%. As a group, analysts anticipate that Entegris, Inc. will post 3.63 EPS for the current fiscal year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.37%. The ex-dividend date of this dividend is Wednesday, January 29th. Entegris’s dividend payout ratio is currently 20.73%.

Analyst Upgrades and Downgrades

ENTG has been the topic of several recent research reports. UBS Group lowered their price objective on shares of Entegris from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 5th. Needham & Company LLC reiterated a “buy” rating and issued a $120.00 price target on shares of Entegris in a research report on Friday, February 7th. Mizuho reduced their price objective on Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Citigroup lowered their target price on Entegris from $130.00 to $123.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Entegris from $145.00 to $115.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. One investment 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. According to MarketBeat, Entegris has an average rating of “Moderate Buy” and a consensus target price of $130.60.

Hedge Funds Weigh In On Entegris

A number of large investors have recently made changes to their positions in the company. Capital Performance Advisors LLP bought a new stake in Entegris in the third quarter worth about $29,000. Blue Trust Inc. raised its holdings in shares of Entegris by 221.3% in the third quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company’s stock worth $39,000 after buying an additional 239 shares during the period. Fortitude Family Office LLC lifted its stake in shares of Entegris by 195.7% during the 4th quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company’s stock worth $41,000 after acquiring an additional 274 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in Entegris during the 4th quarter valued at $42,000. Finally, Covestor Ltd boosted its holdings in Entegris by 241.8% during the 3rd quarter. Covestor Ltd now owns 417 shares of the semiconductor company’s stock valued at $47,000 after acquiring an additional 295 shares during the period.

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).