Entegris Inc (NASDAQ:ENTG) SVP Corey Rucci sold 5,732 shares of the stock in a transaction that occurred on Monday, March 12th. The shares were sold at an average price of $36.43, for a total transaction of $208,816.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Corey Rucci also recently made the following trade(s):
- On Tuesday, February 27th, Corey Rucci sold 9,986 shares of Entegris stock. The shares were sold at an average price of $33.90, for a total transaction of $338,525.40.
Shares of Entegris Inc (NASDAQ:ENTG) opened at $36.15 on Thursday. Entegris Inc has a 12 month low of $21.77 and a 12 month high of $36.88. The company has a quick ratio of 2.95, a current ratio of 3.63 and a debt-to-equity ratio of 0.58. The company has a market cap of $5,074.03, a P/E ratio of 61.27, a price-to-earnings-growth ratio of 1.83 and a beta of 1.44.
Entegris (NASDAQ:ENTG) last issued its earnings results on Tuesday, February 6th. The semiconductor company reported $0.41 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.04. Entegris had a net margin of 6.34% and a return on equity of 20.95%. The firm had revenue of $350.56 million during the quarter, compared to the consensus estimate of $340.68 million. equities research analysts forecast that Entegris Inc will post 1.75 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 21st. Shareholders of record on Wednesday, January 31st were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 0.77%. The ex-dividend date was Tuesday, January 30th. Entegris’s payout ratio is presently 23.73%.
A number of large investors have recently modified their holdings of ENTG. Wolverine Trading LLC increased its stake in Entegris by 149.6% in the third quarter. Wolverine Trading LLC now owns 6,989 shares of the semiconductor company’s stock valued at $202,000 after purchasing an additional 21,089 shares in the last quarter. Zeke Capital Advisors LLC bought a new stake in shares of Entegris during the fourth quarter worth $203,000. CAPROCK Group Inc. bought a new stake in shares of Entegris during the fourth quarter worth $220,000. Barings LLC bought a new stake in shares of Entegris during the third quarter worth $225,000. Finally, Welch & Forbes LLC bought a new stake in shares of Entegris during the third quarter worth $236,000. 96.56% of the stock is owned by hedge funds and other institutional investors.
Several equities analysts recently weighed in on the stock. ValuEngine upgraded shares of Entegris from a “hold” rating to a “buy” rating in a report on Friday, March 2nd. Citigroup upgraded shares of Entegris from a “neutral” rating to a “buy” rating and set a $34.00 price objective on the stock in a report on Thursday, February 15th. Zacks Investment Research upgraded shares of Entegris from a “sell” rating to a “hold” rating and set a $34.00 price objective on the stock in a report on Thursday, February 8th. Dougherty & Co increased their price objective on shares of Entegris from $36.00 to $37.50 and gave the company a “buy” rating in a report on Wednesday, February 7th. Finally, Needham & Company LLC restated a “buy” rating and issued a $37.00 price objective (up from $35.00) on shares of Entegris in a report on Wednesday, February 7th. Three investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $32.77.
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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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