Entegris, Inc. (NASDAQ:ENTG) Stock Holdings Trimmed by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT lessened its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 58.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,687 shares of the semiconductor company’s stock after selling 26,093 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Entegris were worth $1,851,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Capital Performance Advisors LLP acquired a new stake in shares of Entegris during the 3rd quarter valued at approximately $29,000. Blue Trust Inc. increased its stake in Entegris by 221.3% during the third quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 239 shares during the last quarter. Fortitude Family Office LLC raised its holdings in shares of Entegris by 195.7% during the fourth quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 274 shares during the period. Covestor Ltd raised its holdings in shares of Entegris by 241.8% during the third quarter. Covestor Ltd now owns 417 shares of the semiconductor company’s stock worth $47,000 after purchasing an additional 295 shares during the period. Finally, Huntington National Bank lifted its position in shares of Entegris by 41.0% in the 3rd quarter. Huntington National Bank now owns 454 shares of the semiconductor company’s stock worth $51,000 after buying an additional 132 shares during the last quarter.

Entegris Trading Down 3.0 %

Shares of ENTG stock opened at $104.09 on Friday. The firm has a market capitalization of $15.73 billion, a PE ratio of 53.93, a price-to-earnings-growth ratio of 1.51 and a beta of 1.24. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. Entegris, Inc. has a 1 year low of $94.92 and a 1 year high of $147.57. The stock has a fifty day moving average of $103.09 and a two-hundred day moving average of $106.33.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.07. Entegris had a net margin of 9.03% and a return on equity of 12.83%. As a group, research analysts expect that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend was Wednesday, January 29th. Entegris’s dividend payout ratio (DPR) is presently 20.73%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. UBS Group lowered their price objective on shares of Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. BMO Capital Markets lowered their target price on Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Mizuho cut their price target on Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. KeyCorp reduced their price objective on Entegris from $150.00 to $141.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Finally, Citigroup dropped their target price on Entegris from $130.00 to $123.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, Entegris currently has a consensus rating of “Moderate Buy” and a consensus target price of $128.78.

Insider Activity at Entegris

In other Entegris news, SVP Clinton M. Haris sold 12,652 shares of the stock in a transaction on Monday, February 10th. The stock was sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the completion of the transaction, the senior vice president now directly owns 34,820 shares of the company’s stock, valued at approximately $3,722,954.40. This trade represents a 26.65 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.67% of the company’s stock.

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).