6,950 Shares in Entegris, Inc. (NASDAQ:ENTG) Bought by Virtu Financial LLC

Virtu Financial LLC purchased a new stake in Entegris, Inc. (NASDAQ:ENTG) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 6,950 shares of the semiconductor company’s stock, valued at approximately $782,000.

Several other hedge funds and other institutional investors have also made changes to their positions in ENTG. Sequoia Financial Advisors LLC raised its holdings in Entegris by 20.1% in the second quarter. Sequoia Financial Advisors LLC now owns 1,735 shares of the semiconductor company’s stock valued at $235,000 after acquiring an additional 290 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Entegris by 24.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 10,788 shares of the semiconductor company’s stock valued at $1,461,000 after purchasing an additional 2,144 shares in the last quarter. Everpar Advisors LLC lifted its position in shares of Entegris by 6.5% during the 2nd quarter. Everpar Advisors LLC now owns 1,656 shares of the semiconductor company’s stock worth $224,000 after purchasing an additional 101 shares during the last quarter. Sarasin & Partners LLP grew its stake in shares of Entegris by 14.8% during the second quarter. Sarasin & Partners LLP now owns 215,473 shares of the semiconductor company’s stock worth $29,175,000 after purchasing an additional 27,820 shares in the last quarter. Finally, Neo Ivy Capital Management purchased a new position in Entegris in the second quarter valued at $808,000.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Mizuho decreased their price target on Entegris from $143.00 to $125.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. UBS Group decreased their target price on Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, November 5th. BMO Capital Markets lowered their price target on Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. KeyCorp cut their price objective on shares of Entegris from $164.00 to $154.00 and set an “overweight” rating on the stock in a report on Tuesday, November 5th. Finally, Craig Hallum reduced their price objective on shares of Entegris from $150.00 to $130.00 and set a “buy” 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 issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $135.40.

Entegris Price Performance

Shares of NASDAQ ENTG opened at $106.66 on Friday. The company has a current ratio of 2.92, a quick ratio of 1.83 and a debt-to-equity ratio of 1.14. The stock has a market cap of $16.11 billion, a P/E ratio of 70.64, a P/E/G ratio of 1.80 and a beta of 1.23. The stock has a 50 day moving average of $105.69 and a two-hundred day moving average of $116.29. Entegris, Inc. has a twelve month low of $94.92 and a twelve month high of $147.57.

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

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, October 30th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, October 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.38%. Entegris’s dividend payout ratio (DPR) is 26.49%.

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).