Symmetry Partners LLC Has $202,000 Holdings in Entegris, Inc. (NASDAQ:ENTG)

Symmetry Partners LLC lessened its holdings in Entegris, Inc. (NASDAQ:ENTG – Get Rating) by 73.3% during the fourth quarter, HoldingsChannel reports. The fund owned 3,075 shares of the semiconductor company’s stock after selling 8,447 shares during the quarter. Symmetry Partners LLC’s holdings in Entegris were worth $202,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Advisors Asset Management Inc. raised its holdings in shares of Entegris by 5.7% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,787 shares of the semiconductor company’s stock worth $165,000 after acquiring an additional 97 shares during the last quarter. Waldron Private Wealth LLC raised its holdings in shares of Entegris by 5.8% in the 3rd quarter. Waldron Private Wealth LLC now owns 2,446 shares of the semiconductor company’s stock worth $203,000 after acquiring an additional 135 shares during the last quarter. Achmea Investment Management B.V. raised its holdings in shares of Entegris by 3.5% in the 1st quarter. Achmea Investment Management B.V. now owns 4,218 shares of the semiconductor company’s stock worth $554,000 after acquiring an additional 144 shares during the last quarter. Cetera Investment Advisers increased its stake in Entegris by 3.0% in the 1st quarter. Cetera Investment Advisers now owns 6,102 shares of the semiconductor company’s stock valued at $801,000 after buying an additional 176 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. increased its stake in Entegris by 4.4% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 4,320 shares of the semiconductor company’s stock valued at $360,000 after buying an additional 182 shares during the last quarter. Institutional investors and hedge funds own 98.21% of the company’s stock.

Entegris Stock Down 2.9 %

Entegris stock opened at $81.66 on Friday. Entegris, Inc. has a twelve month low of $61.75 and a twelve month high of $141.82. The firm has a 50 day moving average price of $82.37 and a 200-day moving average price of $79.55. The company has a market capitalization of $12.20 billion, a P/E ratio of 53.37 and a beta of 1.28. The company has a quick ratio of 2.00, a current ratio of 3.06 and a debt-to-equity ratio of 1.75.

Entegris (NASDAQ:ENTG – Get Rating) last released its quarterly earnings data on Tuesday, February 14th. The semiconductor company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.78 by $0.05. The company had revenue of $946.07 million during the quarter, compared to the consensus estimate of $949.14 million. Entegris had a net margin of 6.37% and a return on equity of 21.22%. Entegris’s revenue for the quarter was up 48.9% on a year-over-year basis. During the same period last year, the firm earned $0.96 EPS. As a group, equities analysts predict that Entegris, Inc. will post 2.69 EPS for the current year.

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 22nd. Investors of record on Wednesday, February 1st were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.49%. The ex-dividend date of this dividend was Tuesday, January 31st. Entegris’s dividend payout ratio (DPR) is presently 26.14%.

Insider Buying and Selling

In related news, SVP Clinton M. Haris sold 11,344 shares of the firm’s stock in a transaction that occurred on Thursday, February 16th. The shares were sold at an average price of $87.39, for a total value of $991,352.16. Following the completion of the transaction, the senior vice president now directly owns 41,290 shares of the company’s stock, valued at approximately $3,608,333.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Entegris news, CFO Gregory B. Graves sold 8,073 shares of the firm’s stock in a transaction on Tuesday, February 21st. The shares were sold at an average price of $82.19, for a total value of $663,519.87. Following the completion of the transaction, the chief financial officer now directly owns 19,703 shares of the company’s stock, valued at approximately $1,619,389.57. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Clinton M. Haris sold 11,344 shares of the firm’s stock in a transaction on Thursday, February 16th. The shares were sold at an average price of $87.39, for a total transaction of $991,352.16. Following the completion of the transaction, the senior vice president now directly owns 41,290 shares of the company’s stock, valued at $3,608,333.10. The disclosure for this sale can be found here. In the last ninety days, insiders sold 23,108 shares of company stock valued at $1,963,883. Company insiders own 0.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on ENTG. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Entegris from $90.00 to $95.00 in a research note on Monday, February 6th. Credit Suisse Group reiterated an “outperform” rating and issued a $95.00 price objective on shares of Entegris in a research note on Wednesday, February 15th. Mizuho decreased their price objective on shares of Entegris from $105.00 to $95.00 and set a “buy” rating for the company in a research note on Wednesday, February 15th. Needham & Company LLC increased their price objective on shares of Entegris from $86.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, February 15th. Finally, KeyCorp increased their price objective on shares of Entegris from $93.00 to $105.00 and gave the company an “overweight” rating in a research note on Wednesday, February 15th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $108.40.

Entegris Company Profile

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Entegris, Inc engages in the development, manufacture, and supply of specialty materials for the microelectronics industry. It operates through the following business segments: Specialty Chemicals and Engineered Materials (SCEM), Advanced Materials Handling (AMH), and Microcontamination Control (MC).