Amica Mutual Insurance Co. Has $9.10 Million Holdings in Entegris, Inc. (NASDAQ:ENTG)

Amica Mutual Insurance Co. raised its position in Entegris, Inc. (NASDAQ:ENTG) by 78.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 91,849 shares of the semiconductor company’s stock after purchasing an additional 40,472 shares during the quarter. Entegris accounts for approximately 0.9% of Amica Mutual Insurance Co.’s holdings, making the stock its 24th largest holding. Amica Mutual Insurance Co.’s holdings in Entegris were worth $9,099,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Fortitude Family Office LLC boosted its holdings in 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 purchasing an additional 274 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in shares of Entegris during the 4th quarter worth about $42,000. Eagle Bay Advisors LLC grew its holdings in shares of Entegris by 4,375.0% in the 4th quarter. Eagle Bay Advisors LLC now owns 716 shares of the semiconductor company’s stock valued at $71,000 after acquiring an additional 700 shares in the last quarter. Promus Capital LLC acquired a new stake in shares of Entegris in the fourth quarter valued at about $71,000. Finally, Smartleaf Asset Management LLC raised its holdings in Entegris by 27.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company’s stock worth $73,000 after acquiring an additional 158 shares in the last quarter.

Analyst Ratings Changes

A number of research analysts have weighed in on ENTG shares. Mizuho decreased their price target on Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. KeyCorp lowered their target price on shares of Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Needham & Company LLC restated a “buy” rating and set a $120.00 price objective on shares of Entegris in a research note on Friday, February 7th. Finally, StockNews.com cut shares of Entegris from a “hold” rating to a “sell” rating in a report on Monday. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $124.88.

Insider Activity

In other news, SVP Olivier Blachier sold 984 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $108.00, for a total value of $106,272.00. Following the completion of the transaction, the senior vice president now directly owns 10,903 shares in the company, valued at approximately $1,177,524. This represents a 8.28 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Clinton M. Haris sold 12,652 shares of the business’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 sale, the senior vice president now owns 34,820 shares in the company, valued at $3,722,954.40. This represents a 26.65 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by corporate insiders.

Entegris Stock Performance

Shares of Entegris stock opened at $92.44 on Thursday. Entegris, Inc. has a 1-year low of $91.29 and a 1-year high of $147.57. The company has a market cap of $13.99 billion, a PE ratio of 47.90, a price-to-earnings-growth ratio of 1.50 and a beta of 1.32. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. The company has a 50 day moving average of $101.94 and a 200-day moving average of $104.41.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. As a group, equities research analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were issued a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.43%. Entegris’s dividend payout ratio (DPR) 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).