Mount Yale Investment Advisors LLC Sells 155 Shares of Entegris, Inc. (NASDAQ:ENTG)

Mount Yale Investment Advisors LLC trimmed its stake in Entegris, Inc. (NASDAQ:ENTG) by 2.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,534 shares of the semiconductor company’s stock after selling 155 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Entegris were worth $1,059,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Trust Co. of Vermont acquired a new stake in shares of Entegris in the fourth quarter valued at about $31,000. ORG Partners LLC acquired a new stake in Entegris during the 1st quarter valued at approximately $33,000. Livforsakringsbolaget Skandia Omsesidigt bought a new position in Entegris during the 4th quarter worth approximately $35,000. Quent Capital LLC lifted its position in shares of Entegris by 59.1% in the 4th quarter. Quent Capital LLC now owns 366 shares of the semiconductor company’s stock worth $44,000 after purchasing an additional 136 shares during the period. Finally, Arlington Trust Co LLC bought a new stake in shares of Entegris in the 4th quarter valued at $46,000.

Analysts Set New Price Targets

ENTG has been the subject of a number of analyst reports. Mizuho lifted their target price on shares of Entegris from $140.00 to $143.00 and gave the stock a “neutral” rating in a research note on Thursday, May 2nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $160.00 price objective on shares of Entegris in a research report on Wednesday, June 26th. Finally, Needham & Company LLC restated a “buy” rating and set a $150.00 target price on shares of Entegris in a research report on Monday, May 13th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $149.80.

Entegris Stock Up 0.8 %

Entegris stock traded up $1.06 during mid-day trading on Monday, reaching $127.78. The stock had a trading volume of 1,251,527 shares, compared to its average volume of 1,415,066. Entegris, Inc. has a fifty-two week low of $84.13 and a fifty-two week high of $147.57. The stock’s 50-day simple moving average is $133.88 and its 200-day simple moving average is $131.79. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.02 and a current ratio of 3.35. The firm has a market capitalization of $19.27 billion, a PE ratio of 60.92, a price-to-earnings-growth ratio of 1.44 and a beta of 1.25.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Wednesday, May 1st. The semiconductor company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.07. The firm had revenue of $771.03 million for the quarter, compared to the consensus estimate of $769.24 million. Entegris had a net margin of 9.31% and a return on equity of 11.94%. The business’s revenue was down 16.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.65 earnings per share. On average, sell-side analysts forecast that Entegris, Inc. will post 3.25 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 21st. Shareholders of record on Wednesday, July 31st will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.31%. The ex-dividend date is Wednesday, July 31st. Entegris’s dividend payout ratio is currently 19.23%.

Insider Transactions at Entegris

In other Entegris news, SVP Olivier Blachier sold 1,986 shares of the firm’s stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $133.84, for a total transaction of $265,806.24. Following the transaction, the senior vice president now directly owns 12,356 shares in the company, valued at approximately $1,653,727.04. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, SVP James Anthony O’neill sold 6,761 shares of Entegris stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $133.50, for a total transaction of $902,593.50. Following the sale, the senior vice president now directly owns 13,652 shares in the company, valued at $1,822,542. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Olivier Blachier sold 1,986 shares of the company’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $133.84, for a total value of $265,806.24. Following the completion of the transaction, the senior vice president now owns 12,356 shares of the company’s stock, valued at approximately $1,653,727.04. The disclosure for this sale can be found here. Insiders sold a total of 70,796 shares of company stock valued at $9,870,921 over the last ninety days. 0.67% of the stock is currently owned by 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).