Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. lowered its holdings in Entegris, Inc. (NASDAQ:ENTG) by 21.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 3,353 shares of the semiconductor company’s stock after selling 909 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Entegris were worth $332,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Inceptionr LLC acquired a new stake in Entegris during the 4th quarter valued at $482,000. Raymond James Financial Inc. acquired a new stake in Entegris during the 4th quarter valued at $91,869,000. Promus Capital LLC acquired a new stake in Entegris during the 4th quarter valued at $71,000. Arizona State Retirement System grew its holdings in Entegris by 1.4% during the 4th quarter. Arizona State Retirement System now owns 43,828 shares of the semiconductor company’s stock valued at $4,342,000 after purchasing an additional 626 shares in the last quarter. Finally, Verdence Capital Advisors LLC grew its holdings in Entegris by 41.9% during the 4th quarter. Verdence Capital Advisors LLC now owns 3,226 shares of the semiconductor company’s stock valued at $320,000 after purchasing an additional 953 shares in the last quarter.

Analyst Upgrades and Downgrades

ENTG has been the subject of a number of recent analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 price target on shares of Entegris in a report on Friday, February 7th. StockNews.com downgraded shares of Entegris from a “hold” rating to a “sell” rating in a research note on Thursday, February 27th. KeyCorp reduced their price objective 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. Finally, Mizuho reduced their price objective on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $124.88.

Insider Transactions at Entegris

In related news, SVP Olivier Blachier sold 984 shares of Entegris stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $108.00, for a total value of $106,272.00. Following the sale, the senior vice president now directly owns 10,903 shares in the company, valued at $1,177,524. This trade represents a 8.28 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Clinton M. Haris sold 12,652 shares of Entegris stock in a transaction dated 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 completion of the sale, the senior vice president now owns 34,820 shares in the company, valued at approximately $3,722,954.40. This represents 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 Trading Up 2.7 %

Entegris stock opened at $102.93 on Monday. The firm’s 50-day moving average is $102.66 and its 200-day moving average is $105.76. 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 company has a market cap of $15.56 billion, a P/E ratio of 53.33, a PEG ratio of 1.50 and a beta of 1.32.

Entegris (NASDAQ:ENTG) last posted its quarterly 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 12.83%. On average, equities analysts expect that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders 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 dividend yield of 0.39%. Entegris’s payout ratio is currently 20.73%.

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).