Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Global X Japan Co. Ltd.

Global X Japan Co. Ltd. reduced its stake in Entegris, Inc. (NASDAQ:ENTG) by 15.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,245 shares of the semiconductor company’s stock after selling 2,215 shares during the period. Global X Japan Co. Ltd.’s holdings in Entegris were worth $1,213,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Charles Schwab Investment Management Inc. raised its stake in Entegris by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,065,812 shares of the semiconductor company’s stock valued at $119,936,000 after buying an additional 14,650 shares in the last quarter. Synovus Financial Corp raised its holdings in shares of Entegris by 102.3% during the third quarter. Synovus Financial Corp now owns 38,253 shares of the semiconductor company’s stock worth $4,305,000 after purchasing an additional 19,340 shares during the period. Argent Capital Management LLC lifted its position in shares of Entegris by 9.9% in the 4th quarter. Argent Capital Management LLC now owns 31,066 shares of the semiconductor company’s stock worth $3,077,000 after buying an additional 2,793 shares during the last quarter. Swedbank AB boosted its holdings in shares of Entegris by 47.7% in the 4th quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company’s stock valued at $153,636,000 after buying an additional 500,581 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new stake in Entegris during the third quarter worth about $1,158,000.

Analyst Ratings Changes

A number of equities analysts have commented on ENTG shares. Craig Hallum decreased their target price on Entegris from $150.00 to $130.00 and set a “buy” rating for the company 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. Citigroup dropped their price objective on shares of Entegris from $130.00 to $123.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Entegris from $145.00 to $115.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Finally, Mizuho decreased 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. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $134.50.

Entegris Trading Up 5.4 %

Shares of NASDAQ ENTG opened at $109.53 on Friday. The stock has a market cap of $16.54 billion, a price-to-earnings ratio of 72.54, a PEG ratio of 1.38 and a beta of 1.24. The business has a 50 day simple moving average of $103.33 and a 200 day simple moving average of $107.34. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.83 and a current ratio of 2.92. Entegris, Inc. has a 52 week low of $94.92 and a 52 week high of $147.57.

Entegris (NASDAQ:ENTG) last posted its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.77 by $0.07. Entegris had a net margin of 7.13% and a return on equity of 12.24%. On average, research analysts predict that Entegris, Inc. will post 2.94 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, January 29th. This represents a $0.40 annualized dividend and a yield of 0.37%. Entegris’s dividend payout ratio (DPR) is currently 26.49%.

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).