Whipplewood Advisors LLC Takes $126,000 Position in Entegris, Inc. (NASDAQ:ENTG)

Whipplewood Advisors LLC purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,275 shares of the semiconductor company’s stock, valued at approximately $126,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. National Pension Service grew its holdings in shares of Entegris by 9.2% during the fourth quarter. National Pension Service now owns 273,034 shares of the semiconductor company’s stock valued at $27,047,000 after buying an additional 23,111 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in Entegris by 7.1% during the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 30,100 shares of the semiconductor company’s stock valued at $2,982,000 after purchasing an additional 2,000 shares during the last quarter. Townsend & Associates Inc acquired a new stake in Entegris during the fourth quarter valued at $201,000. Van Berkom & Associates Inc. acquired a new stake in Entegris during the fourth quarter valued at $1,284,000. Finally, Global Retirement Partners LLC boosted its position in Entegris by 9.8% during the fourth quarter. Global Retirement Partners LLC now owns 4,052 shares of the semiconductor company’s stock valued at $401,000 after purchasing an additional 362 shares during the last quarter.

Insider Buying and Selling

In related news, SVP Clinton M. Haris sold 12,652 shares of the business’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the transaction, the senior vice president now directly owns 34,820 shares in the company, valued at $3,722,954.40. The trade was a 26.65 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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 value of $106,272.00. Following the transaction, the senior vice president now owns 10,903 shares in the company, valued at $1,177,524. This represents a 8.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is owned by insiders.

Entegris Price Performance

Shares of NASDAQ:ENTG opened at $97.48 on Friday. Entegris, Inc. has a fifty-two week low of $94.92 and a fifty-two week high of $147.57. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86. The stock has a market capitalization of $14.73 billion, a P/E ratio of 50.51, a P/E/G ratio of 1.50 and a beta of 1.24. The business has a 50-day moving average of $102.85 and a two-hundred day moving average of $106.29.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. On average, equities research analysts predict that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Craig Hallum reduced their price objective on Entegris from $150.00 to $130.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Needham & Company LLC reissued a “buy” rating and set a $120.00 price objective on shares of Entegris in a research report on Friday, February 7th. Deutsche Bank Aktiengesellschaft reduced their price objective on Entegris from $145.00 to $115.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. KeyCorp reduced their price objective on Entegris from $150.00 to $141.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Finally, BMO Capital Markets reduced their price target on Entegris from $145.00 to $135.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $128.78.

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).