Entegris, Inc. (NASDAQ:ENTG) Shares Purchased by Toronto Dominion Bank

Toronto Dominion Bank raised its holdings in Entegris, Inc. (NASDAQ:ENTG) by 30.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,392 shares of the semiconductor company’s stock after buying an additional 4,536 shares during the period. Toronto Dominion Bank’s holdings in Entegris were worth $2,182,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of ENTG. Mountaineer Partners Management LLC increased its holdings in shares of Entegris by 16,255.1% in the 3rd quarter. Mountaineer Partners Management LLC now owns 11,044,594 shares of the semiconductor company’s stock valued at $1,242,848,000 after acquiring an additional 10,977,064 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in Entegris by 1,076.3% in the third quarter. Assenagon Asset Management S.A. now owns 923,332 shares of the semiconductor company’s stock valued at $103,903,000 after purchasing an additional 844,837 shares in the last quarter. Principal Financial Group Inc. increased its stake in Entegris by 130.8% in the third quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company’s stock valued at $155,287,000 after purchasing an additional 781,955 shares during the last quarter. Swedbank AB raised its holdings in Entegris by 249.7% during the third quarter. Swedbank AB now owns 1,050,361 shares of the semiconductor company’s stock worth $118,197,000 after purchasing an additional 750,000 shares in the last quarter. Finally, D1 Capital Partners L.P. purchased a new stake in shares of Entegris during the 3rd quarter worth approximately $72,143,000.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ENTG shares. Craig Hallum cut their price target on shares of Entegris from $150.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. BMO Capital Markets cut their target price on Entegris from $145.00 to $135.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft decreased their target price on Entegris from $145.00 to $115.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. UBS Group cut their price target on Entegris from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 5th. Finally, Mizuho decreased their price objective on Entegris from $143.00 to $125.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company. According to MarketBeat, Entegris presently has an average rating of “Moderate Buy” and an average price target of $135.40.

Entegris Stock Performance

NASDAQ:ENTG opened at $106.66 on Monday. The firm has a market cap of $16.11 billion, a price-to-earnings ratio of 70.64, a price-to-earnings-growth ratio of 1.80 and a beta of 1.23. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.92 and a quick ratio of 1.83. Entegris, Inc. has a 1-year low of $94.92 and a 1-year high of $147.57. The firm’s fifty day moving average price is $105.69 and its 200 day moving average price is $116.10.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). The firm had revenue of $807.70 million for the quarter, compared to analyst estimates of $832.44 million. Entegris had a return on equity of 12.24% and a net margin of 7.13%. The company’s revenue was down 9.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.68 earnings per share. On average, sell-side analysts expect that Entegris, Inc. will post 2.99 EPS for the current year.

Entegris Announces Dividend

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

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).