Blair William & Co. IL Sells 98 Shares of Entegris, Inc. (NASDAQ:ENTG)

Blair William & Co. IL cut its holdings in Entegris, Inc. (NASDAQ:ENTG) by 0.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,630 shares of the semiconductor company’s stock after selling 98 shares during the period. Blair William & Co. IL’s holdings in Entegris were worth $1,710,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in ENTG. Innealta Capital LLC acquired a new position in shares of Entegris during the second quarter worth approximately $26,000. Summit Securities Group LLC bought a new position in Entegris during the second quarter worth $27,000. Opal Wealth Advisors LLC acquired a new position in Entegris during the 2nd quarter valued at $31,000. ORG Partners LLC bought a new stake in Entegris in the 1st quarter valued at $33,000. Finally, Trust Co. of Vermont acquired a new stake in Entegris in the 4th quarter worth $31,000.

Insider Activity at Entegris

In other Entegris news, insider Daniel D. Woodland sold 15,000 shares of the business’s stock in a transaction on Wednesday, July 3rd. The stock was 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 $5,243,980. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Entegris news, CEO Bertrand Loy sold 27,044 shares of the firm’s stock in a transaction dated Wednesday, July 3rd. The shares were sold at an average price of $140.63, for a total value 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 approximately $36,995,252.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Daniel D. Woodland sold 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 3rd. The stock was sold at an average price of $140.00, for a total transaction of $2,100,000.00. Following the transaction, the insider now owns 37,457 shares in the company, valued at $5,243,980. The disclosure for this sale can be found here. Insiders sold 57,044 shares of company stock valued at $8,078,198 in the last three months. Corporate insiders own 0.67% of the company’s stock.

Entegris Stock Performance

Entegris stock opened at $111.58 on Tuesday. Entegris, Inc. has a 52-week low of $84.13 and a 52-week high of $147.57. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.58 and a quick ratio of 2.14. The stock has a fifty day moving average price of $114.40 and a two-hundred day moving average price of $127.33. The firm has a market capitalization of $16.83 billion, a P/E ratio of 53.64, a P/E/G ratio of 1.49 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Wednesday, July 31st. The semiconductor company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.01. The firm had revenue of $812.60 million during the quarter, compared to the consensus estimate of $802.43 million. Entegris had a net margin of 5.61% and a return on equity of 12.03%. The firm’s quarterly revenue was down 9.8% on a year-over-year basis. During the same period last year, the firm posted $0.66 EPS. As a group, analysts anticipate that Entegris, Inc. will post 3.14 EPS for the current fiscal year.

Entegris Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms recently weighed in on ENTG. Mizuho upgraded shares of Entegris from a “neutral” rating to an “outperform” rating and set a $143.00 target price for the company in a research note on Thursday, August 1st. Needham & Company LLC reiterated a “buy” rating and issued a $150.00 price objective on shares of Entegris in a research report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft lowered their price objective on Entegris from $160.00 to $145.00 and set a “buy” rating on the stock in a research report on Thursday, August 1st. Citigroup raised Entegris from a “neutral” rating to a “buy” rating and raised their target price for the stock from $119.00 to $130.00 in a research report on Monday, September 16th. Finally, BMO Capital Markets lowered their price target on shares of Entegris from $160.00 to $145.00 and set an “outperform” rating on the stock in a report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $146.40.

Entegris Company 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 three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).