Everpar Advisors LLC Invests $258,000 in Entegris, Inc. (NASDAQ:ENTG)

Everpar Advisors LLC acquired a new position in shares of Entegris, Inc. (NASDAQ:ENTG) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 2,157 shares of the semiconductor company’s stock, valued at approximately $258,000.

A number of other large investors also recently modified their holdings of ENTG. Lincoln National Corp raised its holdings in shares of Entegris by 15.9% in the 4th quarter. Lincoln National Corp now owns 5,191 shares of the semiconductor company’s stock valued at $622,000 after purchasing an additional 712 shares during the period. Clifford Swan Investment Counsel LLC raised its holdings in shares of Entegris by 0.4% in the 4th quarter. Clifford Swan Investment Counsel LLC now owns 96,824 shares of the semiconductor company’s stock valued at $11,601,000 after purchasing an additional 399 shares during the period. Channing Capital Management LLC raised its holdings in shares of Entegris by 8.2% in the 4th quarter. Channing Capital Management LLC now owns 92,318 shares of the semiconductor company’s stock valued at $11,062,000 after purchasing an additional 6,967 shares during the period. Vestmark Advisory Solutions Inc. bought a new stake in shares of Entegris in the 4th quarter valued at about $502,000. Finally, M&T Bank Corp raised its holdings in shares of Entegris by 1.8% in the 4th quarter. M&T Bank Corp now owns 52,141 shares of the semiconductor company’s stock valued at $6,248,000 after purchasing an additional 943 shares during the period.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on ENTG shares. Citigroup upped their target price on shares of Entegris from $117.00 to $134.00 and gave the company a “neutral” rating in a report on Friday, February 16th. Needham & Company LLC reissued a “buy” rating and issued a $150.00 price target on shares of Entegris in a report on Wednesday, May 1st. StockNews.com cut shares of Entegris from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. Mizuho increased their price target on shares of Entegris from $140.00 to $143.00 and gave the company a “neutral” rating in a report on Thursday, May 2nd. Finally, KeyCorp increased their price target on shares of Entegris from $136.00 to $164.00 and gave the company an “overweight” rating in a report on Thursday, February 15th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, Entegris currently has a consensus rating of “Moderate Buy” and a consensus target price of $141.91.

Insider Buying and Selling

In other Entegris news, SVP Susan G. Rice sold 17,518 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $135.86, for a total value of $2,379,995.48. Following the sale, the senior vice president now owns 42,931 shares in the company, valued at $5,832,605.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Entegris news, SVP Susan G. Rice sold 17,518 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $135.86, for a total value of $2,379,995.48. Following the sale, the senior vice president now owns 42,931 shares in the company, valued at $5,832,605.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Daniel D. Woodland sold 9,000 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $139.50, for a total transaction of $1,255,500.00. Following the completion of the sale, the insider now owns 32,730 shares in the company, valued at approximately $4,565,835. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 41,082 shares of company stock worth $5,606,849. Corporate insiders own 0.67% of the company’s stock.

Entegris Stock Performance

Shares of NASDAQ:ENTG traded down $2.69 on Wednesday, reaching $130.01. 1,538,172 shares of the company’s stock were exchanged, compared to its average volume of 1,409,550. The company has a current ratio of 3.35, a quick ratio of 2.02 and a debt-to-equity ratio of 1.22. The company has a market capitalization of $19.60 billion, a price-to-earnings ratio of 63.80 and a beta of 1.31. The company has a fifty day moving average of $135.32 and a 200-day moving average of $120.20. Entegris, Inc. has a twelve month low of $76.93 and a twelve month high of $146.91.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Wednesday, May 1st. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.07. The business had revenue of $771.03 million for the quarter, compared to analyst estimates of $769.24 million. Entegris had a net margin of 9.31% and a return on equity of 11.94%. The firm’s revenue for the quarter was down 16.4% on a year-over-year basis. During the same quarter last year, the business posted $0.65 EPS. On average, research analysts predict that Entegris, Inc. will post 3.27 EPS for the current fiscal year.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 22nd. Investors of record on Wednesday, May 1st will be given a dividend of $0.10 per share. The ex-dividend date is Tuesday, April 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.31%. Entegris’s dividend payout ratio is 19.23%.

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).