Parkside Financial Bank & Trust Sells 219 Shares of Entegris, Inc. (NASDAQ:ENTG)

Parkside Financial Bank & Trust cut its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 10.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,854 shares of the semiconductor company’s stock after selling 219 shares during the period. Parkside Financial Bank & Trust’s holdings in Entegris were worth $184,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of ENTG. Blue Trust Inc. boosted its stake in Entegris by 221.3% in the 3rd quarter. Blue Trust Inc. now owns 347 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 239 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Entegris in the 3rd quarter valued at $1,963,000. First Trust Direct Indexing L.P. boosted its stake in Entegris by 15.0% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 4,783 shares of the semiconductor company’s stock valued at $538,000 after buying an additional 623 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in Entegris in the 3rd quarter valued at $1,158,000. Finally, Van ECK Associates Corp boosted its stake in Entegris by 24.1% in the 3rd quarter. Van ECK Associates Corp now owns 107,097 shares of the semiconductor company’s stock valued at $11,057,000 after buying an additional 20,795 shares in the last quarter.

Analysts Set New Price Targets

Several analysts recently commented on ENTG shares. StockNews.com lowered Entegris from a “hold” rating to a “sell” rating in a research note on Thursday. BMO Capital Markets decreased their price target on Entegris from $145.00 to $135.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 5th. KeyCorp reduced their price objective on Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. UBS Group reduced their price objective on Entegris from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 5th. Finally, Citigroup reduced their price objective on Entegris from $130.00 to $123.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Entegris presently has a consensus rating of “Moderate Buy” and an average price target of $124.88.

Entegris Trading Up 3.8 %

ENTG stock opened at $101.22 on Friday. The company has a market cap of $15.30 billion, a P/E ratio of 52.45, a PEG ratio of 1.50 and a beta of 1.24. Entegris, Inc. has a twelve month low of $94.92 and a twelve month high of $147.57. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08. The business has a fifty day moving average of $102.89 and a 200-day moving average of $106.25.

Entegris (NASDAQ:ENTG) last released its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. As a group, equities research analysts expect that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.40%. Entegris’s payout ratio is currently 20.73%.

Insider Transactions at Entegris

In other news, SVP Olivier Blachier sold 984 shares of the business’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $108.00, for a total transaction of $106,272.00. Following the completion of the sale, the senior vice president now owns 10,903 shares in the company, valued at $1,177,524. The trade was a 8.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Clinton M. Haris sold 12,652 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $106.92, for a total value of $1,352,751.84. Following the completion of the sale, the senior vice president now owns 34,820 shares of the company’s stock, valued at $3,722,954.40. This represents a 26.65 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by corporate insiders.

Entegris Company Profile

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).