Several other brokerages have also recently weighed in on ENTG. Deutsche Bank raised their price target on shares of Entegris from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, April 17th. Loop Capital dropped their price target on shares of Entegris to $46.00 and set a “buy” rating on the stock in a research report on Tuesday, April 9th. BidaskClub raised shares of Entegris from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, April 3rd. Seaport Global Securities cut shares of Entegris from a “buy” rating to a “neutral” rating in a research report on Thursday, February 28th. Finally, Berenberg Bank initiated coverage on shares of Entegris in a research report on Thursday, March 21st. They issued a “buy” rating and a $43.00 price target on the stock. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Entegris currently has a consensus rating of “Buy” and an average price target of $42.43.
Shares of NASDAQ ENTG opened at $40.69 on Tuesday. Entegris has a fifty-two week low of $23.39 and a fifty-two week high of $40.86. The stock has a market capitalization of $5.50 billion, a P/E ratio of 21.53 and a beta of 1.32. The company has a current ratio of 3.82, a quick ratio of 2.82 and a debt-to-equity ratio of 0.92.
In other Entegris news, SVP Stuart Tison sold 11,576 shares of Entegris stock in a transaction that occurred on Tuesday, February 26th. The shares were sold at an average price of $38.96, for a total transaction of $451,000.96. Following the transaction, the senior vice president now owns 74,744 shares of the company’s stock, valued at approximately $2,912,026.24. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Michael Sauer sold 3,788 shares of Entegris stock in a transaction that occurred on Thursday, February 21st. The stock was sold at an average price of $36.61, for a total transaction of $138,678.68. Following the transaction, the vice president now directly owns 12,782 shares in the company, valued at approximately $467,949.02. The disclosure for this sale can be found here. In the last three months, insiders have sold 85,508 shares of company stock worth $3,019,111. Insiders own 1.50% of the company’s stock.
Several institutional investors have recently bought and sold shares of the business. Jupiter Wealth Management LLC bought a new position in shares of Entegris during the 1st quarter worth approximately $406,000. Callahan Advisors LLC increased its stake in shares of Entegris by 13.6% during the 1st quarter. Callahan Advisors LLC now owns 20,286 shares of the semiconductor company’s stock worth $724,000 after purchasing an additional 2,426 shares during the last quarter. Strs Ohio increased its stake in shares of Entegris by 17.8% during the 1st quarter. Strs Ohio now owns 22,500 shares of the semiconductor company’s stock worth $803,000 after purchasing an additional 3,400 shares during the last quarter. Aurora Investment Counsel purchased a new stake in shares of Entegris during the 1st quarter worth approximately $615,000. Finally, Meeder Asset Management Inc. increased its stake in shares of Entegris by 1,148.1% during the 1st quarter. Meeder Asset Management Inc. now owns 2,359 shares of the semiconductor company’s stock worth $84,000 after purchasing an additional 2,170 shares during the last quarter.
Entegris, Inc develops, manufactures, and supplies micro contamination 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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