Alliance Wealth Advisors LLC UT Has $657,000 Stock Holdings in Entegris, Inc. (NASDAQ:ENTG)

Alliance Wealth Advisors LLC UT reduced its stake in Entegris, Inc. (NASDAQ:ENTG) by 21.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,628 shares of the semiconductor company’s stock after selling 1,835 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in Entegris were worth $657,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Caprock Group LLC raised its holdings in Entegris by 30.9% during the 4th quarter. Caprock Group LLC now owns 5,121 shares of the semiconductor company’s stock worth $507,000 after purchasing an additional 1,209 shares during the last quarter. Swedbank AB raised its stake in Entegris by 47.7% during the fourth quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company’s stock worth $153,636,000 after buying an additional 500,581 shares during the last quarter. James Hambro & Partners LLP bought a new position in Entegris during the fourth quarter worth $72,845,000. Blue Trust Inc. lifted its holdings in Entegris by 121.3% in the fourth quarter. Blue Trust Inc. now owns 768 shares of the semiconductor company’s stock valued at $76,000 after buying an additional 421 shares during the period. Finally, Fenimore Asset Management Inc boosted its position in Entegris by 1.2% during the fourth quarter. Fenimore Asset Management Inc now owns 505,182 shares of the semiconductor company’s stock valued at $50,043,000 after acquiring an additional 5,885 shares during the last quarter.

Entegris Trading Up 1.7 %

ENTG opened at $101.19 on Wednesday. Entegris, Inc. has a fifty-two week low of $94.92 and a fifty-two week high of $147.57. The firm has a market capitalization of $15.28 billion, a PE ratio of 67.01, a P/E/G ratio of 1.38 and a beta of 1.24. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.92 and a quick ratio of 1.83. The company’s 50-day moving average is $103.26 and its 200 day moving average is $107.35.

Entegris (NASDAQ:ENTG) last posted its earnings results on Monday, November 4th. The semiconductor company reported $0.77 earnings per share 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 in the prior year, the business earned $0.68 EPS. The firm’s revenue for the quarter was down 9.1% compared to the same quarter last year. As a group, research analysts predict that Entegris, Inc. will post 2.94 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently disclosed 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. This represents a $0.40 dividend on an annualized basis and a yield of 0.40%. The ex-dividend date of this dividend is Wednesday, January 29th. Entegris’s dividend payout ratio is 26.49%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on ENTG shares. 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. Mizuho cut their price target on Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. 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. KeyCorp cut their target price on shares of Entegris from $154.00 to $150.00 and set an “overweight” rating on the stock in a research note on Friday, January 10th. Finally, Citigroup decreased their price target on shares of Entegris from $130.00 to $123.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $134.50.

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).