Diversified Trust Co Buys 682 Shares of Entegris, Inc. (NASDAQ:ENTG)

Diversified Trust Co raised its stake in Entegris, Inc. (NASDAQ:ENTG) by 11.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,858 shares of the semiconductor company’s stock after buying an additional 682 shares during the period. Diversified Trust Co’s holdings in Entegris were worth $679,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in ENTG. Mountaineer Partners Management LLC raised its stake 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 acquiring an additional 10,977,064 shares in the last quarter. Assenagon Asset Management S.A. raised its position in Entegris by 1,076.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 923,332 shares of the semiconductor company’s stock valued at $103,903,000 after purchasing an additional 844,837 shares in the last quarter. Principal Financial Group Inc. raised 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 valued at $155,287,000 after purchasing an additional 781,955 shares in the last quarter. Swedbank AB lifted its holdings in shares of Entegris by 249.7% in the 3rd quarter. Swedbank AB now owns 1,050,361 shares of the semiconductor company’s stock worth $118,197,000 after buying an additional 750,000 shares during the period. Finally, D1 Capital Partners L.P. bought a new position in shares of Entegris during the 3rd quarter worth $72,143,000.

Entegris Price Performance

Shares of NASDAQ ENTG opened at $99.76 on Friday. Entegris, Inc. has a fifty-two week low of $94.92 and a fifty-two week high of $147.57. The company has a market cap of $15.06 billion, a PE ratio of 66.07, a P/E/G ratio of 1.76 and a beta of 1.23. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.83 and a current ratio of 2.92. The business has a 50-day simple moving average of $103.88 and a two-hundred day simple moving average of $112.22.

Entegris (NASDAQ:ENTG) last released its earnings results on Monday, November 4th. The semiconductor company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). The company had revenue of $807.70 million during the quarter, compared to analyst estimates of $832.44 million. Entegris had a return on equity of 12.24% and a net margin of 7.13%. The firm’s revenue for the quarter was down 9.1% on a year-over-year basis. During the same quarter last year, the business earned $0.68 earnings per share. As a group, equities analysts expect that Entegris, Inc. will post 2.99 EPS for the current fiscal year.

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, October 30th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date of this dividend was Wednesday, October 30th. Entegris’s dividend payout ratio is presently 26.49%.

Analyst Ratings Changes

ENTG has been the subject of a number of research reports. Craig Hallum lowered their price objective on shares of Entegris from $150.00 to $130.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. KeyCorp lowered their price target on shares of Entegris from $164.00 to $154.00 and set an “overweight” rating for the company in a research report on Tuesday, November 5th. BMO Capital Markets reduced their price objective on shares of Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. UBS Group dropped their target price on Entegris from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 5th. Finally, Mizuho reduced their price target on Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research report on Tuesday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $134.90.

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