Toronto Dominion Bank Has $2.01 Million Holdings in Entegris, Inc. (NASDAQ:ENTG)

Toronto Dominion Bank increased its position in Entegris, Inc. (NASDAQ:ENTG) by 3.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,856 shares of the semiconductor company’s stock after acquiring an additional 552 shares during the quarter. Toronto Dominion Bank’s holdings in Entegris were worth $2,012,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Innealta Capital LLC bought a new position in Entegris during the second quarter worth $26,000. Summit Securities Group LLC bought a new position in shares of Entegris during the 2nd quarter worth about $27,000. Opal Wealth Advisors LLC acquired a new position in shares of Entegris during the second quarter valued at about $31,000. ORG Partners LLC bought a new stake in shares of Entegris in the first quarter valued at about $33,000. Finally, Trust Co. of Vermont acquired a new stake in Entegris during the fourth quarter worth about $31,000.

Entegris Price Performance

Shares of ENTG stock opened at $114.86 on Monday. 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 stock has a market cap of $17.32 billion, a price-to-earnings ratio of 55.22, a PEG ratio of 1.50 and a beta of 1.24. The business’s fifty day moving average is $112.74 and its 200 day moving average is $126.58. Entegris, Inc. has a twelve month low of $84.13 and a twelve month high of $147.57.

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

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 21st. Stockholders of record on Wednesday, July 31st were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date of this dividend was Wednesday, July 31st. Entegris’s payout ratio is 19.23%.

Analyst Ratings Changes

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

Insider Transactions at Entegris

In related news, 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 value of $3,803,197.72. Following the completion of the sale, the chief executive officer now directly owns 263,068 shares of the company’s stock, valued at approximately $36,995,252.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, insider Daniel D. Woodland sold 15,000 shares of Entegris stock in a transaction that occurred 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 completion of the transaction, the insider now owns 37,457 shares in the company, valued at approximately $5,243,980. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Bertrand Loy sold 27,044 shares of the stock in a transaction 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 directly owns 263,068 shares in the company, valued at approximately $36,995,252.84. The disclosure for this sale can be found here. Insiders sold 57,044 shares of company stock worth $8,078,198 in the last three months. Corporate insiders own 0.67% of the company’s stock.

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).