Linden Thomas Advisory Services LLC Has $1.29 Million Stake in Entegris, Inc. (NASDAQ:ENTG)

Linden Thomas Advisory Services LLC lowered its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,012 shares of the semiconductor company’s stock after selling 114 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Entegris were worth $1,289,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Quarry LP acquired a new stake in Entegris during the 2nd quarter worth approximately $27,000. Capital Performance Advisors LLP bought a new stake in shares of Entegris during the third quarter worth $29,000. Blue Trust Inc. raised its holdings in shares of Entegris by 221.3% during the third quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 239 shares during the period. 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 acquiring an additional 274 shares during the period. Finally, Covestor Ltd lifted its position in Entegris by 241.8% in the 3rd quarter. Covestor Ltd now owns 417 shares of the semiconductor company’s stock valued at $47,000 after acquiring an additional 295 shares in the last quarter.

Entegris Stock Down 1.6 %

Entegris stock opened at $104.19 on Friday. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.92 and a quick ratio of 1.83. The company’s 50-day moving average is $103.80 and its 200-day moving average is $109.50. The firm has a market capitalization of $15.73 billion, a PE ratio of 69.00, a P/E/G ratio of 1.46 and a beta of 1.24. Entegris, Inc. has a fifty-two week low of $94.92 and a fifty-two week high of $147.57.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.01). Entegris had a net margin of 7.13% and a return on equity of 12.24%. The business had revenue of $807.70 million during the quarter, compared to the consensus estimate of $832.44 million. During the same quarter in the prior year, the company earned $0.68 EPS. Entegris’s quarterly revenue was down 9.1% on a year-over-year basis. Sell-side analysts anticipate that Entegris, Inc. will post 2.94 earnings per share for the current year.

Entegris Dividend Announcement

The business 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 annualized dividend and a dividend yield of 0.38%. Entegris’s dividend payout ratio is currently 26.49%.

Wall Street Analyst Weigh In

Several analysts have issued reports on ENTG shares. Craig Hallum dropped their price target on Entegris from $150.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. KeyCorp dropped their target price on Entegris from $154.00 to $150.00 and set an “overweight” rating on the stock in a research report on Friday, January 10th. BMO Capital Markets reduced their price target 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 price target on shares of Entegris from $145.00 to $115.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Finally, Citigroup reduced their target price on shares of Entegris from $130.00 to $123.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, Entegris has a consensus rating of “Moderate Buy” and an average price target of $134.50.

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).