Entegris, Inc. (NASDAQ:ENTG) Holdings Cut by Fiera Capital Corp

Fiera Capital Corp trimmed its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 2.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 541,697 shares of the semiconductor company’s stock after selling 13,588 shares during the quarter. Fiera Capital Corp’s holdings in Entegris were worth $53,661,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the business. Mountaineer Partners Management LLC boosted 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 acquiring an additional 10,977,064 shares in the last quarter. Geode Capital Management LLC increased its position 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 acquiring an additional 49,846 shares during the period. Swedbank AB increased its holdings in shares of Entegris by 47.7% during the 4th quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company’s stock worth $153,636,000 after purchasing an additional 500,581 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in Entegris by 0.9% during 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 acquiring an additional 12,913 shares during the period. Finally, Principal Financial Group Inc. raised its stake 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 valued at $155,287,000 after purchasing an additional 781,955 shares in the last quarter.

Insider Activity

In other news, 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 value of $1,352,751.84. Following the sale, the senior vice president now directly owns 34,820 shares in the company, valued at $3,722,954.40. This trade represents a 26.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ENTG shares. Citigroup lowered their price objective on Entegris from $130.00 to $123.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Mizuho dropped their price objective on Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Craig Hallum cut 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. UBS Group dropped their price objective on Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, November 5th. Finally, Needham & Company LLC restated a “buy” rating and set a $120.00 target price on shares of Entegris in a report 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 MarketBeat, Entegris has an average rating of “Moderate Buy” and a consensus target price of $130.60.

Entegris Price Performance

NASDAQ ENTG opened at $107.77 on Thursday. 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 cap of $16.27 billion, a price-to-earnings ratio of 55.84, a PEG ratio of 1.49 and a beta of 1.24. The business has a 50 day simple moving average of $103.21 and a 200 day simple moving average of $106.60. Entegris, Inc. has a 52-week low of $94.92 and a 52-week high of $147.57.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) 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 13.00%. Analysts anticipate that Entegris, Inc. will post 3.63 earnings per share for the current fiscal year.

Entegris Announces Dividend

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

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).