Entegris (NASDAQ:ENTG) Price Target Lowered to $141.00 at KeyCorp

Entegris (NASDAQ:ENTG) had its price target cut by KeyCorp from $150.00 to $141.00 in a research note published on Friday morning,Benzinga reports. They currently have an overweight rating on the semiconductor company’s stock.

ENTG has been the topic of several other research reports. 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. Mizuho lowered their target price on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. UBS Group cut their price target on shares of Entegris from $130.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, November 5th. Citigroup decreased their price objective on shares of Entegris from $130.00 to $123.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Finally, Craig Hallum cut their target price on shares of Entegris from $150.00 to $130.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $130.60.

Entegris Trading Down 2.7 %

Entegris stock opened at $106.52 on Friday. The business has a 50 day moving average price of $103.35 and a two-hundred day moving average price of $107.15. The company has a quick ratio of 1.83, a current ratio of 2.92 and a debt-to-equity ratio of 1.14. Entegris has a 12 month low of $94.92 and a 12 month high of $147.57. The stock has a market cap of $16.08 billion, a price-to-earnings ratio of 70.54, a price-to-earnings-growth ratio of 1.38 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last posted its quarterly 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 net margin of 7.13% and a return on equity of 12.24%. As a group, equities analysts forecast that Entegris will post 2.94 EPS for the current year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.38%. The ex-dividend date is Wednesday, January 29th. Entegris’s dividend payout ratio is 26.49%.

Institutional Investors Weigh In On Entegris

Several hedge funds and other institutional investors have recently made changes to their positions in ENTG. Bridges Investment Management Inc. boosted its holdings in Entegris by 3.6% in the third quarter. Bridges Investment Management Inc. now owns 2,829 shares of the semiconductor company’s stock valued at $318,000 after acquiring an additional 98 shares during the last quarter. GAMMA Investing LLC lifted its position in Entegris by 7.5% during the 3rd quarter. GAMMA Investing LLC now owns 1,612 shares of the semiconductor company’s stock valued at $181,000 after purchasing an additional 113 shares during the period. Angeles Investment Advisors LLC boosted its stake in shares of Entegris by 4.1% in the 3rd quarter. Angeles Investment Advisors LLC now owns 3,230 shares of the semiconductor company’s stock valued at $363,000 after purchasing an additional 127 shares during the last quarter. Torray Investment Partners LLC grew its position in shares of Entegris by 0.9% during the 4th quarter. Torray Investment Partners LLC now owns 15,266 shares of the semiconductor company’s stock worth $1,512,000 after buying an additional 129 shares during the period. Finally, Huntington National Bank grew its position in shares of Entegris by 41.0% during the 3rd quarter. Huntington National Bank now owns 454 shares of the semiconductor company’s stock worth $51,000 after buying an additional 132 shares during the period.

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).