Entegris, Inc. (NASDAQ:ENTG) Holdings Raised by Equitable Trust Co.

Equitable Trust Co. grew its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 61.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,468 shares of the semiconductor company’s stock after purchasing an additional 3,967 shares during the period. Equitable Trust Co.’s holdings in Entegris were worth $1,037,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Mountaineer Partners Management LLC lifted its holdings in shares of Entegris by 16,255.1% during the third quarter. Mountaineer Partners Management LLC now owns 11,044,594 shares of the semiconductor company’s stock valued at $1,242,848,000 after purchasing an additional 10,977,064 shares during the last quarter. Geode Capital Management LLC lifted its stake in Entegris by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 2,537,948 shares of the semiconductor company’s stock worth $284,941,000 after acquiring an additional 49,846 shares in the last quarter. Swedbank AB boosted its position in Entegris by 47.7% during the 4th quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company’s stock worth $153,636,000 after acquiring an additional 500,581 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in Entegris by 0.9% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,503,656 shares of the semiconductor company’s stock worth $169,206,000 after acquiring an additional 12,913 shares during the period. Finally, Principal Financial Group Inc. boosted its position in Entegris by 130.8% during the 3rd quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company’s stock worth $155,287,000 after acquiring an additional 781,955 shares during the period.

Entegris Stock Up 0.2 %

Shares of Entegris stock opened at $106.73 on Tuesday. The firm has a market cap of $16.12 billion, a price-to-earnings ratio of 55.30, a P/E/G ratio of 1.49 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. Entegris, Inc. has a 52-week low of $94.92 and a 52-week high of $147.57. The stock has a 50-day simple moving average of $103.31 and a 200-day simple moving average of $106.74.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.07. Entegris had a return on equity of 13.00% and a net margin of 9.03%. On average, equities research analysts expect that Entegris, Inc. will post 3.63 earnings per share for the current fiscal year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date of this dividend is Wednesday, January 29th. Entegris’s payout ratio is 20.73%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on ENTG shares. Citigroup decreased their price objective on Entegris from $130.00 to $123.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft decreased their price objective on Entegris from $145.00 to $115.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Needham & Company LLC restated a “buy” rating and set a $120.00 price objective on shares of Entegris in a research report on Friday. BMO Capital Markets decreased their price objective on Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. Finally, UBS Group decreased their price objective on Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $130.60.

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).