Entegris Inc (NASDAQ:ENTG) CFO Gregory B. Graves sold 51,078 shares of the company’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $33.63, for a total transaction of $1,717,753.14. Following the completion of the transaction, the chief financial officer now owns 95,927 shares in the company, valued at $3,226,025.01. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Entegris Inc (ENTG) opened at $33.75 on Friday. The stock has a market cap of $4,657.66, a PE ratio of 22.92, a price-to-earnings-growth ratio of 1.68 and a beta of 1.51. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.95 and a current ratio of 3.63. Entegris Inc has a one year low of $20.85 and a one year high of $35.35.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 21st. Shareholders of record on Wednesday, January 31st were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $0.28 dividend on an annualized basis and a yield of 0.83%. Entegris’s payout ratio is 23.73%.
ENTG has been the topic of several research reports. Loop Capital upped their price objective on shares of Entegris from $35.00 to $40.00 and gave the company a “buy” rating in a report on Friday, October 27th. Zacks Investment Research downgraded shares of Entegris from a “hold” rating to a “sell” rating in a research note on Thursday, January 11th. Dougherty & Co upped their price target on shares of Entegris from $33.00 to $36.00 and gave the company a “buy” rating in a research note on Friday, October 27th. ValuEngine downgraded shares of Entegris from a “buy” rating to a “hold” rating in a research note on Thursday, November 30th. Finally, Citigroup upped their price target on shares of Entegris from $29.00 to $34.00 and gave the company a “neutral” rating in a research note on Friday, October 27th. Three equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Entegris has an average rating of “Buy” and an average target price of $32.77.
A number of institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its holdings in shares of Entegris by 3,425.3% in the third quarter. JPMorgan Chase & Co. now owns 187,230 shares of the semiconductor company’s stock worth $5,317,000 after acquiring an additional 181,919 shares during the last quarter. Stevens Capital Management LP bought a new position in shares of Entegris in the third quarter worth about $252,000. Westpac Banking Corp bought a new position in shares of Entegris in the fourth quarter worth about $669,000. Cipher Capital LP lifted its holdings in shares of Entegris by 79.8% in the third quarter. Cipher Capital LP now owns 74,235 shares of the semiconductor company’s stock worth $2,141,000 after acquiring an additional 32,939 shares during the last quarter. Finally, Kiwi Wealth Investments Limited Partnership lifted its holdings in shares of Entegris by 16.8% in the third quarter. Kiwi Wealth Investments Limited Partnership now owns 80,393 shares of the semiconductor company’s stock worth $2,319,000 after acquiring an additional 11,582 shares during the last quarter. Hedge funds and other institutional investors own 95.59% of the company’s stock.
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Entegris, Inc is a global developer, manufacturer and supplier of microcontamination control products, specialty chemicals and materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries. The Company operates in three business segments: Specialty Chemicals and Engineered Materials (SCEM), Advanced Materials Handling (AMH) and Microcontamination Control (MC).
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