Entegris, Inc. (NASDAQ:ENTG) Shares Bought by Moran Wealth Management LLC

Moran Wealth Management LLC grew its stake in Entegris, Inc. (NASDAQ:ENTG) by 5.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,900 shares of the semiconductor company’s stock after purchasing an additional 246 shares during the period. Moran Wealth Management LLC’s holdings in Entegris were worth $485,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Angeles Investment Advisors LLC raised its position in Entegris by 4.1% during the third quarter. Angeles Investment Advisors LLC now owns 3,230 shares of the semiconductor company’s stock valued at $363,000 after acquiring an additional 127 shares in the last quarter. Torray Investment Partners LLC grew its position in Entegris by 0.9% during the fourth quarter. Torray Investment Partners LLC now owns 15,266 shares of the semiconductor company’s stock valued at $1,512,000 after buying an additional 129 shares during the period. Huntington National Bank increased its holdings in Entegris by 41.0% in the third quarter. Huntington National Bank now owns 454 shares of the semiconductor company’s stock valued at $51,000 after buying an additional 132 shares in the last quarter. Metis Global Partners LLC raised its position in shares of Entegris by 7.1% in the fourth quarter. Metis Global Partners LLC now owns 2,049 shares of the semiconductor company’s stock worth $203,000 after acquiring an additional 135 shares during the period. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Entegris by 27.6% during the 4th 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 firms have recently commented on ENTG. Mizuho cut their price objective on Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. KeyCorp lowered 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. StockNews.com lowered Entegris from a “hold” rating to a “sell” rating in a research note on Thursday, February 27th. Finally, Needham & Company LLC restated a “buy” rating and issued a $120.00 target price on shares of Entegris in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $124.88.

Entegris Trading Up 1.6 %

ENTG opened at $95.31 on Thursday. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86. The company’s 50 day simple moving average is $102.44 and its two-hundred day simple moving average is $105.43. The firm has a market capitalization of $14.40 billion, a price-to-earnings ratio of 49.38, a price-to-earnings-growth ratio of 1.50 and a beta of 1.32. Entegris, Inc. has a 1-year low of $92.84 and a 1-year high of $147.57.

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

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date of this dividend was Wednesday, January 29th. Entegris’s dividend payout ratio is currently 20.73%.

Insider Buying and Selling

In related news, SVP Olivier Blachier sold 984 shares of the company’s stock in a transaction that occurred 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 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Clinton M. Haris sold 12,652 shares of the firm’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 directly owns 34,820 shares of the company’s stock, valued at approximately $3,722,954.40. This trade represents a 26.65 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by company insiders.

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).