Entegris, Inc. (NASDAQ:ENTG) Stock Holdings Lessened by Triad Investment Management

Triad Investment Management reduced its holdings in Entegris, Inc. (NASDAQ:ENTGFree Report) by 17.6% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 11,184 shares of the semiconductor company’s stock after selling 2,383 shares during the quarter. Entegris makes up 1.9% of Triad Investment Management’s portfolio, making the stock its 24th biggest position. Triad Investment Management’s holdings in Entegris were worth $1,572,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of Entegris by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 14,554,015 shares of the semiconductor company’s stock worth $1,743,862,000 after buying an additional 101,129 shares during the last quarter. WCM Investment Management LLC increased its holdings in shares of Entegris by 0.4% in the 4th quarter. WCM Investment Management LLC now owns 5,173,163 shares of the semiconductor company’s stock worth $628,177,000 after acquiring an additional 22,249 shares during the period. London Co. of Virginia increased its holdings in shares of Entegris by 0.6% in the 3rd quarter. London Co. of Virginia now owns 2,867,758 shares of the semiconductor company’s stock worth $269,311,000 after acquiring an additional 17,077 shares during the period. Norges Bank acquired a new stake in shares of Entegris in the 4th quarter worth about $278,727,000. Finally, Earnest Partners LLC increased its holdings in shares of Entegris by 1.6% in the 3rd quarter. Earnest Partners LLC now owns 1,770,010 shares of the semiconductor company’s stock worth $166,222,000 after acquiring an additional 27,810 shares during the period.

Insider Transactions at Entegris

In other news, SVP James Anthony O’neill sold 6,761 shares of Entegris stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $133.50, for a total value of $902,593.50. Following the transaction, the senior vice president now owns 13,652 shares of the company’s stock, valued at approximately $1,822,542. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Entegris news, SVP James Anthony O’neill sold 6,761 shares of the firm’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $133.50, for a total value of $902,593.50. Following the completion of the transaction, the senior vice president now directly owns 13,652 shares in the company, valued at $1,822,542. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Clinton M. Haris sold 5,005 shares of the firm’s stock in a transaction dated Friday, May 31st. The stock was sold at an average price of $124.74, for a total transaction of $624,323.70. Following the completion of the transaction, the senior vice president now owns 34,600 shares of the company’s stock, valued at $4,316,004. The disclosure for this sale can be found here. Insiders have sold 13,752 shares of company stock valued at $1,792,723 in the last quarter. Insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ENTG. Wolfe Research began coverage on shares of Entegris in a report on Friday, March 1st. They issued an “outperform” rating and a $160.00 price objective on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $150.00 price objective on shares of Entegris in a report on Monday, May 13th. Finally, Mizuho increased their price objective on shares of Entegris from $140.00 to $143.00 and gave the stock a “neutral” rating in a report on Thursday, May 2nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Entegris currently has an average rating of “Moderate Buy” and an average price target of $148.67.

Check Out Our Latest Analysis on Entegris

Entegris Price Performance

Entegris stock traded up $2.57 during trading hours on Tuesday, hitting $133.88. 404,500 shares of the company traded hands, compared to its average volume of 1,360,681. The firm has a market cap of $20.19 billion, a P/E ratio of 63.13, a P/E/G ratio of 1.52 and a beta of 1.24. The company has a quick ratio of 2.02, a current ratio of 3.35 and a debt-to-equity ratio of 1.22. The firm’s 50-day simple moving average is $130.84 and its two-hundred day simple moving average is $128.37. Entegris, Inc. has a 1-year low of $84.13 and a 1-year high of $146.91.

Entegris (NASDAQ:ENTGGet Free Report) last announced its quarterly earnings data on Wednesday, May 1st. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.07. The company had revenue of $771.03 million for the quarter, compared to analysts’ expectations of $769.24 million. Entegris had a net margin of 9.31% and a return on equity of 11.94%. The business’s revenue was down 16.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.65 EPS. As a group, analysts forecast that Entegris, Inc. will post 3.25 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 22nd. Stockholders of record on Wednesday, May 1st were paid a $0.10 dividend. The ex-dividend date was Tuesday, April 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.30%. Entegris’s dividend payout ratio is currently 19.23%.

Entegris Profile

(Free Report)

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).

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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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