Linden Thomas Advisory Services LLC Has $1.29 Million Stake in Entegris, Inc. (NASDAQ:ENTG)

Linden Thomas Advisory Services LLC reduced its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 0.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 13,012 shares of the semiconductor company’s stock after selling 114 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Entegris were worth $1,289,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in ENTG. Bank of Montreal Can lifted its holdings in shares of Entegris by 56.5% during the second quarter. Bank of Montreal Can now owns 76,278 shares of the semiconductor company’s stock worth $10,342,000 after buying an additional 27,525 shares in the last quarter. Toronto Dominion Bank raised its stake in Entegris by 3.9% in the 2nd quarter. Toronto Dominion Bank now owns 14,856 shares of the semiconductor company’s stock worth $2,012,000 after purchasing an additional 552 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Entegris by 19.3% in the 2nd quarter. AQR Capital Management LLC now owns 2,999 shares of the semiconductor company’s stock valued at $406,000 after purchasing an additional 486 shares during the period. MBB Public Markets I LLC acquired a new position in shares of Entegris during the 2nd quarter worth approximately $1,452,000. Finally, Mackenzie Financial Corp increased its holdings in shares of Entegris by 2.8% during the second quarter. Mackenzie Financial Corp now owns 7,265 shares of the semiconductor company’s stock worth $984,000 after purchasing an additional 197 shares during the period.

Entegris Trading Down 1.6 %

Shares of ENTG stock opened at $104.19 on Friday. The stock’s fifty day simple moving average is $103.80 and its 200 day simple moving average is $109.50. Entegris, Inc. has a twelve month low of $94.92 and a twelve 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 firm has a market capitalization of $15.73 billion, a P/E ratio of 69.00, a P/E/G ratio of 1.46 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last released its quarterly 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). Entegris had a net margin of 7.13% and a return on equity of 12.24%. The company 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 EPS. The company’s quarterly revenue was down 9.1% on a year-over-year basis. As a group, sell-side analysts predict that Entegris, Inc. will post 2.94 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $0.40 annualized dividend and a yield of 0.38%. Entegris’s payout ratio is 26.49%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on ENTG shares. BMO Capital Markets cut their price target on Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft reduced their target price on Entegris from $145.00 to $115.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. UBS Group dropped their price target on Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, November 5th. Craig Hallum reduced their price objective on shares of Entegris from $150.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Finally, Citigroup cut their price target on shares of Entegris from $130.00 to $123.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $134.50.

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).