Personal CFO Solutions LLC acquired a new position in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,461 shares of the semiconductor company’s stock, valued at approximately $273,000.
Several other large investors have also recently added to or reduced their stakes in ENTG. CIBC Asset Management Inc lifted its stake in Entegris by 2.5% in the first quarter. CIBC Asset Management Inc now owns 5,149 shares of the semiconductor company’s stock valued at $422,000 after buying an additional 125 shares during the last quarter. Exchange Traded Concepts LLC lifted its stake in Entegris by 58.1% in the second quarter. Exchange Traded Concepts LLC now owns 351 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 129 shares during the last quarter. Signaturefd LLC lifted its stake in Entegris by 13.7% in the second quarter. Signaturefd LLC now owns 1,132 shares of the semiconductor company’s stock valued at $125,000 after buying an additional 136 shares during the last quarter. Achmea Investment Management B.V. lifted its stake in Entegris by 3.5% in the first quarter. Achmea Investment Management B.V. now owns 4,218 shares of the semiconductor company’s stock valued at $554,000 after buying an additional 144 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in Entegris by 10.0% in the first quarter. First Horizon Advisors Inc. now owns 1,621 shares of the semiconductor company’s stock valued at $133,000 after buying an additional 147 shares during the last quarter.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on ENTG shares. Needham & Company LLC restated a “buy” rating and set a $120.00 price objective on shares of Entegris in a research note on Friday, August 4th. StockNews.com started coverage on shares of Entegris in a research note on Thursday, October 5th. They set a “sell” rating on the stock. Mizuho lifted their price objective on shares of Entegris from $98.00 to $113.00 and gave the company a “buy” rating in a research note on Friday, August 4th. Craig Hallum cut shares of Entegris from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. Finally, KeyCorp cut their price objective on shares of Entegris from $113.00 to $107.00 and set an “overweight” rating on the stock in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, Entegris has an average rating of “Moderate Buy” and a consensus target price of $109.13.
Entegris Trading Up 2.3 %
Shares of ENTG opened at $105.27 on Tuesday. The business’s 50-day moving average price is $93.29 and its 200 day moving average price is $99.04. The stock has a market capitalization of $15.81 billion, a P/E ratio of 79.75, a P/E/G ratio of 4.73 and a beta of 1.27. Entegris, Inc. has a 1-year low of $62.24 and a 1-year high of $114.47. The company has a current ratio of 4.31, a quick ratio of 3.34 and a debt-to-equity ratio of 1.61.
Entegris Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Investors of record on Wednesday, November 1st will be paid a $0.10 dividend. The ex-dividend date is Tuesday, October 31st. This represents a $0.40 dividend on an annualized basis and a yield of 0.38%. Entegris’s dividend payout ratio is currently 30.30%.
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 four segments: Specialty Chemicals and Engineered Materials (SCEM); Microcontamination Control (MC); The Advanced Planarization Solutions (APS); and Advanced Materials Handling (AMH).
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