Entegris, Inc. (NASDAQ:ENTG) Shares Acquired by Snyder Capital Management L P

Snyder Capital Management L P raised its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 11.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,027,672 shares of the semiconductor company’s stock after purchasing an additional 214,189 shares during the period. Entegris accounts for approximately 4.2% of Snyder Capital Management L P’s investment portfolio, making the stock its 3rd biggest position. Snyder Capital Management L P owned approximately 1.34% of Entegris worth $200,861,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. D1 Capital Partners L.P. lifted its position in shares of Entegris by 329.4% in the 4th quarter. D1 Capital Partners L.P. now owns 2,752,902 shares of the semiconductor company’s stock worth $272,702,000 after purchasing an additional 2,111,801 shares during the period. Ironvine Capital Partners LLC bought a new position in Entegris during the fourth quarter worth $2,573,000. Price T Rowe Associates Inc. MD lifted its holdings in Entegris by 33.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 11,194,612 shares of the semiconductor company’s stock valued at $1,108,940,000 after buying an additional 2,826,463 shares during the period. Hsbc Holdings PLC boosted its position in Entegris by 146.7% during the fourth quarter. Hsbc Holdings PLC now owns 91,985 shares of the semiconductor company’s stock valued at $9,096,000 after acquiring an additional 54,703 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in Entegris by 26.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 26,173 shares of the semiconductor company’s stock valued at $2,593,000 after acquiring an additional 5,398 shares during the last quarter.

Entegris Stock Performance

NASDAQ ENTG opened at $79.71 on Friday. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. The company has a fifty day simple moving average of $87.99 and a 200 day simple moving average of $98.63. Entegris, Inc. has a 12-month low of $60.75 and a 12-month high of $147.57. The company has a market cap of $12.06 billion, a P/E ratio of 41.30, a PEG ratio of 1.50 and a beta of 1.36.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. Sell-side analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.50%. The ex-dividend date is Wednesday, April 30th. Entegris’s dividend payout ratio (DPR) is presently 20.73%.

Insiders Place Their Bets

In related news, SVP Olivier Blachier sold 984 shares of the business’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the transaction, the senior vice president now directly owns 10,903 shares in the company, valued at approximately $1,177,524. The trade was a 8.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Clinton M. Haris sold 12,652 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the completion of the sale, the senior vice president now owns 34,820 shares of the company’s stock, valued at approximately $3,722,954.40. This trade represents a 26.65 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ENTG. KeyCorp dropped their price objective on Entegris from $141.00 to $130.00 and set an “overweight” rating on the stock in a research note on Monday, April 14th. StockNews.com lowered Entegris from a “hold” rating to a “sell” rating in a research note on Saturday, April 19th. 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. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $120.00 price objective on shares of Entegris in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $123.50.

About Entegris

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).