Values First Advisors Inc. Raises Holdings in Entegris, Inc. (NASDAQ:ENTG)

Values First Advisors Inc. boosted its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 55.0% in the 4th quarter, Holdings Channel reports. The fund owned 6,004 shares of the semiconductor company’s stock after buying an additional 2,130 shares during the period. Values First Advisors Inc.’s holdings in Entegris were worth $595,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Mountaineer Partners Management LLC grew its stake in shares of Entegris by 16,255.1% during the 3rd quarter. Mountaineer Partners Management LLC now owns 11,044,594 shares of the semiconductor company’s stock worth $1,242,848,000 after purchasing an additional 10,977,064 shares during the period. Geode Capital Management LLC boosted its holdings in Entegris by 2.0% during the third quarter. Geode Capital Management LLC now owns 2,537,948 shares of the semiconductor company’s stock worth $284,941,000 after buying an additional 49,846 shares in the last quarter. Swedbank AB grew its position in Entegris by 47.7% during the fourth quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company’s stock valued at $153,636,000 after buying an additional 500,581 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in Entegris by 0.9% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,503,656 shares of the semiconductor company’s stock valued at $169,206,000 after buying an additional 12,913 shares in the last quarter. Finally, Principal Financial Group Inc. raised its position in shares of Entegris by 130.8% in the third quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company’s stock worth $155,287,000 after acquiring an additional 781,955 shares during the period.

Entegris Stock Up 1.9 %

Shares of ENTG opened at $107.77 on Thursday. The stock has a 50 day moving average price of $103.21 and a 200 day moving average price of $106.60. Entegris, Inc. has a one year low of $94.92 and a one year high of $147.57. 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 stock has a market capitalization of $16.27 billion, a price-to-earnings ratio of 55.84, a PEG ratio of 1.49 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last released its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.07. Entegris had a net margin of 9.03% and a return on equity of 13.00%. Equities research analysts forecast that Entegris, Inc. will post 3.63 earnings per share for the current fiscal year.

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.37%. Entegris’s payout ratio is 20.73%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Mizuho dropped their target price on Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Needham & Company LLC reissued a “buy” rating and issued a $120.00 price objective on shares of Entegris in a report on Friday, February 7th. BMO Capital Markets cut their price objective on Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft decreased their target price on Entegris from $145.00 to $115.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Finally, KeyCorp dropped their price target on shares of Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $130.60.

Insiders Place Their Bets

In other Entegris news, SVP Clinton M. Haris sold 12,652 shares of the company’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $106.92, for a total value of $1,352,751.84. Following the completion of the sale, the senior vice president now directly owns 34,820 shares in the company, valued at $3,722,954.40. This represents a 26.65 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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).