Torray Investment Partners LLC Purchases 129 Shares of Entegris, Inc. (NASDAQ:ENTG)

Torray Investment Partners LLC raised its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 0.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 15,266 shares of the semiconductor company’s stock after buying an additional 129 shares during the quarter. Torray Investment Partners LLC’s holdings in Entegris were worth $1,512,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Bridges Investment Management Inc. boosted its position in Entegris by 3.6% during the third quarter. Bridges Investment Management Inc. now owns 2,829 shares of the semiconductor company’s stock valued at $318,000 after acquiring an additional 98 shares during the last quarter. Angeles Investment Advisors LLC boosted its position in shares of Entegris by 4.1% during the 3rd quarter. Angeles Investment Advisors LLC now owns 3,230 shares of the semiconductor company’s stock worth $363,000 after purchasing an additional 127 shares in the last quarter. Huntington National Bank boosted its position in shares of Entegris by 41.0% during the 3rd quarter. Huntington National Bank now owns 454 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 132 shares in the last quarter. Metis Global Partners LLC boosted its position in shares of Entegris by 7.1% during the 4th quarter. Metis Global Partners LLC now owns 2,049 shares of the semiconductor company’s stock worth $203,000 after purchasing an additional 135 shares in the last quarter. Finally, Equitable Trust Co. raised its holdings in shares of Entegris by 2.2% in the 3rd quarter. Equitable Trust Co. now owns 6,501 shares of the semiconductor company’s stock worth $732,000 after acquiring an additional 138 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Citigroup lowered their target price 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. UBS Group decreased their price target on shares of Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, November 5th. Craig Hallum decreased their price target 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. Needham & Company LLC reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Entegris in a report on Friday, February 7th. Finally, BMO Capital Markets cut their price target on shares of Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $124.88.

Entegris Stock Performance

NASDAQ ENTG opened at $96.62 on Tuesday. Entegris, Inc. has a 52-week low of $94.92 and a 52-week high of $147.57. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. The company has a market capitalization of $14.60 billion, a P/E ratio of 50.06, a P/E/G ratio of 1.50 and a beta of 1.24. The company has a fifty day moving average of $102.78 and a 200-day moving average of $106.12.

Entegris (NASDAQ:ENTG) last issued its earnings results 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 net margin of 9.03% and a return on equity of 12.83%. As a group, equities research analysts predict that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date was Wednesday, January 29th. Entegris’s payout ratio is presently 20.73%.

Insider Buying and Selling

In other Entegris news, SVP Clinton M. Haris sold 12,652 shares of the business’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $106.92, for a total value of $1,352,751.84. Following the transaction, the senior vice president now owns 34,820 shares in the company, valued at approximately $3,722,954.40. The trade was a 26.65 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Olivier Blachier sold 984 shares of the business’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $108.00, for a total transaction of $106,272.00. Following the completion of the transaction, the senior vice president now owns 10,903 shares in the company, valued at $1,177,524. The trade was a 8.28 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by corporate insiders.

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).