Entegris Inc (ENTG) Shares Sold by Moody Aldrich Partners LLC

Moody Aldrich Partners LLC decreased its stake in Entegris Inc (NASDAQ:ENTG) by 26.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 88,289 shares of the semiconductor company’s stock after selling 32,148 shares during the quarter. Moody Aldrich Partners LLC owned approximately 0.06% of Entegris worth $2,556,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in ENTG. Janus Henderson Group PLC purchased a new stake in Entegris in the 2nd quarter worth approximately $55,149,000. Voya Investment Management LLC raised its holdings in shares of Entegris by 64.2% during the 2nd quarter. Voya Investment Management LLC now owns 1,991,716 shares of the semiconductor company’s stock valued at $67,519,000 after purchasing an additional 779,064 shares in the last quarter. Ardevora Asset Management LLP raised its holdings in shares of Entegris by 458.5% during the 2nd quarter. Ardevora Asset Management LLP now owns 906,488 shares of the semiconductor company’s stock valued at $30,730,000 after purchasing an additional 744,188 shares in the last quarter. Carillon Tower Advisers Inc. raised its holdings in shares of Entegris by 30.1% during the 2nd quarter. Carillon Tower Advisers Inc. now owns 2,189,408 shares of the semiconductor company’s stock valued at $74,221,000 after purchasing an additional 506,109 shares in the last quarter. Finally, First Quadrant L P CA raised its holdings in shares of Entegris by 378.5% during the 2nd quarter. First Quadrant L P CA now owns 530,515 shares of the semiconductor company’s stock valued at $17,984,000 after purchasing an additional 419,633 shares in the last quarter. Institutional investors own 94.23% of the company’s stock.

A number of research analysts have recently weighed in on the stock. BidaskClub downgraded shares of Entegris from a “sell” rating to a “strong sell” rating in a report on Tuesday, October 9th. Goldman Sachs Group downgraded shares of Entegris from a “conviction-buy” rating to a “buy” rating in a report on Wednesday, September 12th. Zacks Investment Research downgraded shares of Entegris from a “buy” rating to a “hold” rating in a report on Tuesday, September 18th. ValuEngine downgraded shares of Entegris from a “hold” rating to a “sell” rating in a report on Tuesday, September 18th. Finally, Deutsche Bank upgraded shares of Entegris from a “hold” rating to a “buy” rating and cut their price target for the company from $40.00 to $38.00 in a report on Monday, October 1st. Three analysts have rated the stock with a sell rating and ten have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $41.60.

In related news, Director James Gentilcore sold 14,868 shares of Entegris stock in a transaction on Friday, August 31st. The shares were sold at an average price of $33.92, for a total value of $504,322.56. Following the transaction, the director now owns 4,090 shares in the company, valued at approximately $138,732.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Stuart Tison sold 8,630 shares of Entegris stock in a transaction on Tuesday, August 7th. The stock was sold at an average price of $36.01, for a total transaction of $310,766.30. Following the completion of the transaction, the senior vice president now owns 78,402 shares in the company, valued at approximately $2,823,256.02. The disclosure for this sale can be found here. Insiders sold a total of 28,631 shares of company stock worth $1,003,213 in the last quarter. Insiders own 1.20% of the company’s stock.

Entegris stock opened at $28.31 on Friday. The firm has a market cap of $3.75 billion, a PE ratio of 14.50 and a beta of 1.42. Entegris Inc has a 1-year low of $23.39 and a 1-year high of $39.55. The company has a current ratio of 3.89, a quick ratio of 2.64 and a debt-to-equity ratio of 0.60.

Entegris (NASDAQ:ENTG) last announced its earnings results on Thursday, October 25th. The semiconductor company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.03). The firm had revenue of $398.60 million during the quarter, compared to the consensus estimate of $401.79 million. Entegris had a return on equity of 25.34% and a net margin of 8.78%. On average, research analysts expect that Entegris Inc will post 1.88 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 21st. Investors of record on Wednesday, October 31st will be issued a $0.07 dividend. The ex-dividend date is Tuesday, October 30th. This represents a $0.28 annualized dividend and a yield of 0.99%. Entegris’s dividend payout ratio (DPR) is presently 19.44%.

Entegris Company Profile

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).

See Also: Intrinsic Value and Stock Selection

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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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