Entegris, Inc. (NASDAQ:ENTG) Stock Holdings Lifted by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale lifted its position in Entegris, Inc. (NASDAQ:ENTG) by 5.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 628,161 shares of the semiconductor company’s stock after acquiring an additional 33,308 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Entegris were worth $84,037,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Inspire Advisors LLC raised its position in shares of Entegris by 1.3% in the first quarter. Inspire Advisors LLC now owns 5,785 shares of the semiconductor company’s stock valued at $813,000 after purchasing an additional 77 shares during the period. Commerce Bank increased its position in Entegris by 0.6% during the fourth quarter. Commerce Bank now owns 13,725 shares of the semiconductor company’s stock worth $1,645,000 after acquiring an additional 86 shares during the period. Wedmont Private Capital increased its position in Entegris by 5.9% during the second quarter. Wedmont Private Capital now owns 1,609 shares of the semiconductor company’s stock worth $232,000 after acquiring an additional 90 shares during the period. Manchester Capital Management LLC increased its position in Entegris by 19.1% during the fourth quarter. Manchester Capital Management LLC now owns 599 shares of the semiconductor company’s stock worth $72,000 after acquiring an additional 96 shares during the period. Finally, Everpar Advisors LLC increased its position in Entegris by 6.5% during the second quarter. Everpar Advisors LLC now owns 1,656 shares of the semiconductor company’s stock worth $224,000 after acquiring an additional 101 shares during the period.

Entegris Stock Up 2.3 %

Shares of NASDAQ:ENTG opened at $110.67 on Friday. Entegris, Inc. has a 12 month low of $84.13 and a 12 month high of $147.57. The company’s 50-day moving average price is $118.13 and its two-hundred day moving average price is $128.53. The company has a quick ratio of 2.14, a current ratio of 3.58 and a debt-to-equity ratio of 1.18. The firm has a market cap of $16.71 billion, a P/E ratio of 53.21, a P/E/G ratio of 1.49 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Wednesday, July 31st. The semiconductor company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.01. Entegris had a net margin of 5.61% and a return on equity of 12.03%. The firm had revenue of $812.60 million for the quarter, compared to analyst estimates of $802.43 million. During the same quarter in the prior year, the firm earned $0.66 EPS. The company’s revenue was down 9.8% on a year-over-year basis. As a group, research analysts forecast that Entegris, Inc. will post 3.14 EPS for the current fiscal year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 21st. Stockholders of record on Wednesday, July 31st were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.36%. The ex-dividend date of this dividend was Wednesday, July 31st. Entegris’s dividend payout ratio (DPR) is presently 19.23%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on ENTG shares. Needham & Company LLC reaffirmed a “buy” rating and set a $150.00 target price on shares of Entegris in a research report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Entegris from $160.00 to $145.00 and set a “buy” rating for the company in a research note on Thursday, August 1st. Mizuho upgraded shares of Entegris from a “neutral” rating to an “outperform” rating and set a $143.00 price objective for the company in a research note on Thursday, August 1st. Finally, BMO Capital Markets dropped their price objective on shares of Entegris from $160.00 to $145.00 and set an “outperform” rating for the company in a research note on Thursday, August 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Entegris presently has a consensus rating of “Moderate Buy” and a consensus target price of $146.80.

Insider Activity

In other news, insider Daniel D. Woodland sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, July 3rd. The shares were sold at an average price of $140.00, for a total value of $2,100,000.00. Following the transaction, the insider now owns 37,457 shares of the company’s stock, valued at approximately $5,243,980. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Daniel D. Woodland sold 15,000 shares of the stock in a transaction that occurred on Wednesday, July 3rd. The shares were sold at an average price of $140.00, for a total value of $2,100,000.00. Following the sale, the insider now directly owns 37,457 shares in the company, valued at approximately $5,243,980. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Bertrand Loy sold 27,044 shares of the stock in a transaction that occurred on Wednesday, July 3rd. The shares were sold at an average price of $140.63, for a total transaction of $3,803,197.72. Following the completion of the sale, the chief executive officer now owns 263,068 shares in the company, valued at $36,995,252.84. The disclosure for this sale can be found here. In the last quarter, insiders have sold 57,044 shares of company stock valued at $8,078,198. 0.67% of the stock is currently owned by insiders.

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).