Entegris, Inc. (NASDAQ:ENTG) Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC raised its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 2.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,537,948 shares of the semiconductor company’s stock after purchasing an additional 49,846 shares during the period. Geode Capital Management LLC owned about 1.68% of Entegris worth $284,941,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Innealta Capital LLC bought a new stake in shares of Entegris in the 2nd quarter worth approximately $26,000. Quarry LP acquired a new stake in Entegris in the second quarter worth $27,000. Summit Securities Group LLC bought a new stake in Entegris in the second quarter valued at $27,000. Capital Performance Advisors LLP acquired a new position in shares of Entegris during the third quarter valued at $29,000. Finally, Blue Trust Inc. grew its position in shares of Entegris by 221.3% during the third quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 239 shares during the last quarter.

Analyst Ratings Changes

Several brokerages recently weighed in on ENTG. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Entegris from $145.00 to $115.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Mizuho reduced their price objective on Entegris from $143.00 to $125.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. 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. BMO Capital Markets reduced their price target on Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. Finally, Craig Hallum lowered their price target on Entegris from $150.00 to $130.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Entegris has an average rating of “Moderate Buy” and a consensus target price of $135.40.

Entegris Stock Down 0.6 %

ENTG opened at $106.66 on Friday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.83 and a current ratio of 2.92. The company has a market capitalization of $16.11 billion, a PE ratio of 70.64, a P/E/G ratio of 1.80 and a beta of 1.23. The stock’s fifty day moving average is $105.69 and its 200-day moving average is $116.19. Entegris, Inc. has a one year low of $94.92 and a one year high of $147.57.

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

Entegris Dividend Announcement

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