Strs Ohio increased its holdings in Entegris Inc (NASDAQ:ENTG) by 11.0% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 19,100 shares of the semiconductor company’s stock after buying an additional 1,900 shares during the quarter. Strs Ohio’s holdings in Entegris were worth $532,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CX Institutional bought a new stake in shares of Entegris during the 4th quarter valued at about $73,000. First Interstate Bank grew its stake in shares of Entegris by 82.2% during the 3rd quarter. First Interstate Bank now owns 4,465 shares of the semiconductor company’s stock valued at $129,000 after purchasing an additional 2,015 shares during the period. First Hawaiian Bank bought a new stake in shares of Entegris during the 3rd quarter valued at about $137,000. Gryphon Financial Partners LLC grew its stake in shares of Entegris by 225.0% during the 3rd quarter. Gryphon Financial Partners LLC now owns 6,389 shares of the semiconductor company’s stock valued at $185,000 after purchasing an additional 4,423 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of Entegris during the 3rd quarter valued at about $201,000. Institutional investors own 94.36% of the company’s stock.
Shares of ENTG stock traded down $0.13 during trading hours on Monday, reaching $33.37. 20,537 shares of the company traded hands, compared to its average volume of 1,990,869. Entegris Inc has a 12-month low of $23.39 and a 12-month high of $39.55. The company has a quick ratio of 2.64, a current ratio of 3.89 and a debt-to-equity ratio of 0.60. The stock has a market cap of $4.73 billion, a P/E ratio of 17.61 and a beta of 1.36.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 20th. Stockholders of record on Wednesday, January 30th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Tuesday, January 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.84%. Entegris’s payout ratio is currently 14.81%.
ENTG has been the subject of a number of recent research reports. Zacks Investment Research upgraded Entegris from a “sell” rating to a “hold” rating in a research note on Thursday, December 27th. Loop Capital set a $51.00 price target on Entegris and gave the company a “buy” rating in a research note on Tuesday, January 29th. ValuEngine upgraded Entegris from a “sell” rating to a “hold” rating in a research note on Friday, December 28th. BidaskClub upgraded Entegris from a “sell” rating to a “hold” rating in a research note on Friday, December 28th. Finally, Goldman Sachs Group downgraded Entegris from a “buy” rating to a “neutral” rating and set a $30.00 price target for the company. in a research note on Tuesday, January 8th. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Entegris has a consensus rating of “Buy” and a consensus price target of $41.35.
Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries worldwide. It operates through three segments: Specialty Chemicals and Engineered Materials (SCEM), Microcontamination Control (MC), and Advanced Materials Handling (AMH).
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