Evexia Wealth LLC Invests $280,000 in Entegris, Inc. (NASDAQ:ENTG)

Evexia Wealth LLC acquired a new stake in Entegris, Inc. (NASDAQ:ENTG) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,632 shares of the semiconductor company’s stock, valued at approximately $280,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ENTG. Benjamin Edwards Inc. raised its position in shares of Entegris by 33,412.5% in the third quarter. Benjamin Edwards Inc. now owns 2,681 shares of the semiconductor company’s stock valued at $302,000 after purchasing an additional 2,673 shares during the period. Kovitz Investment Group Partners LLC bought a new position in Entegris in the 3rd quarter worth $450,000. EP Wealth Advisors LLC bought a new stake in Entegris during the third quarter valued at about $318,000. Nomura Asset Management Co. Ltd. boosted its holdings in Entegris by 8.1% during the third quarter. Nomura Asset Management Co. Ltd. now owns 42,840 shares of the semiconductor company’s stock valued at $4,821,000 after acquiring an additional 3,200 shares during the period. Finally, Barclays PLC increased its stake in shares of Entegris by 44.2% in the third quarter. Barclays PLC now owns 963,157 shares of the semiconductor company’s stock worth $108,383,000 after purchasing an additional 295,358 shares during the period.

Analyst Ratings Changes

Several analysts recently weighed in on ENTG shares. Mizuho decreased their target price on Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. StockNews.com raised shares of Entegris from a “sell” rating to a “hold” rating in a report on Thursday, April 3rd. Needham & Company LLC restated a “buy” rating and issued a $120.00 price target on shares of Entegris in a research report on Friday, February 7th. Finally, KeyCorp reduced their target price on shares of Entegris from $150.00 to $141.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, Entegris currently has a consensus rating of “Moderate Buy” and a consensus target price of $124.88.

Entegris Stock Down 5.9 %

Shares of ENTG opened at $62.92 on Wednesday. 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 company has a 50-day moving average price of $96.65 and a two-hundred day moving average price of $102.11. The stock has a market cap of $9.52 billion, a price-to-earnings ratio of 32.60, a P/E/G ratio of 1.50 and a beta of 1.36. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $147.57.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, beating 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%. Equities analysts predict that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were paid a dividend of $0.10 per share. The ex-dividend date was Wednesday, January 29th. This represents a $0.40 annualized dividend and a yield of 0.64%. Entegris’s dividend payout ratio is 20.73%.

Insider Buying and Selling at Entegris

In other Entegris news, SVP Olivier Blachier sold 984 shares of the company’s stock in a transaction on Friday, February 21st. The shares were 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 approximately $1,177,524. The trade was a 8.28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Clinton M. Haris sold 12,652 shares of the 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 transaction, the senior vice president now directly owns 34,820 shares in the company, valued at $3,722,954.40. The trade was a 26.65 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company’s stock.

About Entegris

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).