Quantinno Capital Management LP Has $3.51 Million Holdings in Entegris, Inc. (NASDAQ:ENTG)

Quantinno Capital Management LP boosted its stake in Entegris, Inc. (NASDAQ:ENTG) by 849.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,190 shares of the semiconductor company’s stock after purchasing an additional 27,904 shares during the period. Quantinno Capital Management LP’s holdings in Entegris were worth $3,510,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Diversified Trust Co acquired a new stake in shares of Entegris in the second quarter valued at about $851,000. Cetera Investment Advisers increased its position in Entegris by 128.0% during the 1st quarter. Cetera Investment Advisers now owns 20,387 shares of the semiconductor company’s stock valued at $2,865,000 after purchasing an additional 11,444 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Entegris by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,065,812 shares of the semiconductor company’s stock worth $119,936,000 after purchasing an additional 14,650 shares during the last quarter. Swedbank AB lifted its position in shares of Entegris by 520.3% in the 2nd quarter. Swedbank AB now owns 300,361 shares of the semiconductor company’s stock worth $40,669,000 after purchasing an additional 251,938 shares during the period. Finally, SG Americas Securities LLC boosted its stake in shares of Entegris by 124.6% in the 2nd quarter. SG Americas Securities LLC now owns 14,563 shares of the semiconductor company’s stock valued at $1,972,000 after purchasing an additional 8,079 shares during the last quarter.

Wall Street Analysts Forecast Growth

ENTG has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Entegris from $145.00 to $115.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Craig Hallum dropped their price objective on Entegris from $150.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Citigroup lowered their target price on Entegris from $130.00 to $123.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. BMO Capital Markets cut their price target on Entegris from $145.00 to $135.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Finally, UBS Group lowered their price objective on shares of Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $135.40.

Entegris Price Performance

Shares of ENTG opened at $109.40 on Monday. The business’s fifty day moving average is $106.06 and its 200 day moving average is $116.90. Entegris, Inc. has a 12-month low of $94.92 and a 12-month high of $147.57. The company has a quick ratio of 1.83, a current ratio of 2.92 and a debt-to-equity ratio of 1.14. The stock has a market cap of $16.52 billion, a P/E ratio of 72.45, a P/E/G ratio of 1.82 and a beta of 1.23.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). Entegris had a net margin of 7.13% and a return on equity of 12.24%. The business had revenue of $807.70 million for the quarter, compared to analyst estimates of $832.44 million. During the same quarter in the prior year, the business earned $0.68 earnings per share. The firm’s quarterly revenue was down 9.1% compared to the same quarter last year. Sell-side analysts anticipate that Entegris, Inc. will post 2.99 earnings per share for the current fiscal year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, October 30th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.37%. The ex-dividend date was Wednesday, October 30th. Entegris’s dividend payout ratio (DPR) is presently 26.49%.

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).