Angeles Investment Advisors LLC Buys 127 Shares of Entegris, Inc. (NASDAQ:ENTG)

Angeles Investment Advisors LLC grew its position in Entegris, Inc. (NASDAQ:ENTG) by 4.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,230 shares of the semiconductor company’s stock after acquiring an additional 127 shares during the quarter. Angeles Investment Advisors LLC’s holdings in Entegris were worth $363,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in ENTG. Vanguard Group Inc. grew its holdings in shares of Entegris by 0.8% in the first quarter. Vanguard Group Inc. now owns 14,666,653 shares of the semiconductor company’s stock worth $2,061,251,000 after purchasing an additional 112,638 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Entegris by 7.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 13,085,147 shares of the semiconductor company’s stock valued at $1,838,988,000 after buying an additional 916,420 shares in the last quarter. Earnest Partners LLC boosted its holdings in shares of Entegris by 0.6% in the 2nd quarter. Earnest Partners LLC now owns 1,858,757 shares of the semiconductor company’s stock valued at $251,676,000 after buying an additional 11,692 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Entegris by 20.2% in the 2nd quarter. American Century Companies Inc. now owns 1,523,824 shares of the semiconductor company’s stock valued at $206,326,000 after buying an additional 256,186 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in shares of Entegris by 130.8% in the 3rd quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company’s stock valued at $155,287,000 after buying an additional 781,955 shares in the last quarter.

Entegris Trading Down 0.1 %

Shares of ENTG stock traded down $0.10 on Wednesday, hitting $106.23. 68,870 shares of the stock traded hands, compared to its average volume of 1,670,234. The firm’s 50-day moving average price is $108.15 and its two-hundred day moving average price is $120.19. 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 capitalization of $16.04 billion, a PE ratio of 70.42, a PEG ratio of 1.69 and a beta of 1.24. Entegris, Inc. has a twelve month low of $94.92 and a twelve month high of $147.57.

Entegris (NASDAQ:ENTG) last posted its earnings results on Monday, November 4th. The semiconductor company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). The company had revenue of $807.70 million during the quarter, compared to analyst estimates of $832.44 million. Entegris had a net margin of 7.13% and a return on equity of 12.24%. The company’s quarterly revenue was down 9.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.68 EPS. As a group, analysts anticipate that Entegris, Inc. will post 3.03 EPS for the current year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Wednesday, October 30th will be paid a $0.10 dividend. The ex-dividend date is Wednesday, October 30th. This represents a $0.40 annualized dividend and a yield of 0.38%. Entegris’s dividend payout ratio is currently 26.49%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ENTG. Mizuho lowered their target price on shares of Entegris from $143.00 to $125.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. BMO Capital Markets lowered their target price on shares of Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. Citigroup lowered their target price on shares of Entegris from $130.00 to $123.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. KeyCorp decreased their price objective on shares of Entegris from $164.00 to $154.00 and set an “overweight” rating for the company in a research note on Tuesday, November 5th. Finally, Craig Hallum decreased their price objective on shares of Entegris from $150.00 to $130.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $135.40.

About Entegris

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).