First National Advisers LLC Boosts Stock Position in Entegris, Inc. (NASDAQ:ENTG)

First National Advisers LLC boosted its holdings in Entegris, Inc. (NASDAQ:ENTG) by 4.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 28,721 shares of the semiconductor company’s stock after purchasing an additional 1,165 shares during the quarter. First National Advisers LLC’s holdings in Entegris were worth $2,846,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ENTG. Fortitude Family Office LLC increased its holdings in Entegris by 195.7% in the fourth quarter. Fortitude Family Office LLC now owns 414 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 274 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Entegris during the fourth quarter worth about $42,000. Covestor Ltd grew 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 last quarter. Huntington National Bank grew its holdings in shares of Entegris by 41.0% during the third quarter. Huntington National Bank now owns 454 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 132 shares during the last quarter. Finally, Eagle Bay Advisors LLC grew its holdings in shares of Entegris by 4,375.0% during the fourth quarter. Eagle Bay Advisors LLC now owns 716 shares of the semiconductor company’s stock worth $71,000 after purchasing an additional 700 shares during the last quarter.

Insider Activity

In other news, SVP Olivier Blachier sold 984 shares of Entegris stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the completion of the sale, the senior vice president now directly owns 10,903 shares in the company, valued at approximately $1,177,524. This trade represents a 8.28 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Clinton M. Haris sold 12,652 shares of Entegris stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the sale, the senior vice president now owns 34,820 shares of the company’s stock, valued at approximately $3,722,954.40. The trade was a 26.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.

Entegris Price Performance

Shares of NASDAQ:ENTG opened at $98.37 on Friday. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08. The company has a market cap of $14.87 billion, a P/E ratio of 50.97, a PEG ratio of 1.50 and a beta of 1.32. Entegris, Inc. has a 52 week low of $92.84 and a 52 week high of $147.57. The company has a 50-day moving average price of $102.34 and a 200 day moving average price of $105.18.

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

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were given a $0.10 dividend. The ex-dividend date was Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.41%. Entegris’s payout ratio is currently 20.73%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 price objective on shares of Entegris in a report on Friday, February 7th. StockNews.com raised Entegris from a “sell” rating to a “hold” rating in a report on Thursday. KeyCorp dropped their price objective on Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Finally, Mizuho lowered 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. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $124.88.

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).