B. Metzler seel. Sohn & Co. AG Reduces Holdings in Entegris, Inc. (NASDAQ:ENTG)

B. Metzler seel. Sohn & Co. AG lessened its holdings in Entegris, Inc. (NASDAQ:ENTG) by 22.1% during the 4th quarter, Holdings Channel reports. The firm owned 161,107 shares of the semiconductor company’s stock after selling 45,750 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Entegris were worth $15,980,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of ENTG. Corient Private Wealth LLC lifted its position in Entegris by 1.1% during the fourth quarter. Corient Private Wealth LLC now owns 11,862 shares of the semiconductor company’s stock valued at $1,175,000 after buying an additional 128 shares in the last quarter. Torray Investment Partners LLC boosted its position in 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 purchasing an additional 129 shares during the period. Metis Global Partners LLC increased its holdings in Entegris by 7.1% in the 4th quarter. Metis Global Partners LLC now owns 2,049 shares of the semiconductor company’s stock valued at $203,000 after purchasing an additional 135 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in Entegris by 6.3% in the fourth quarter. Sequoia Financial Advisors LLC now owns 2,482 shares of the semiconductor company’s stock valued at $246,000 after purchasing an additional 147 shares during the period. Finally, Smartleaf Asset Management LLC boosted its position in shares of Entegris by 27.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 731 shares of the semiconductor company’s stock worth $73,000 after buying an additional 158 shares during the period.

Wall Street Analysts Forecast Growth

ENTG has been the topic of several analyst reports. KeyCorp dropped their target price on Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Needham & Company LLC reissued a “buy” rating and set a $120.00 target price on shares of Entegris in a research report on Friday, February 7th. StockNews.com lowered shares of Entegris from a “hold” rating to a “sell” rating in a report on Monday, March 24th. Finally, Mizuho decreased their price objective on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Entegris currently has an average rating of “Moderate Buy” and a consensus target price of $124.88.

Entegris Stock Performance

Shares of Entegris stock opened at $88.74 on Monday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. Entegris, Inc. has a 1 year low of $87.01 and a 1 year high of $147.57. The firm’s 50-day simple moving average is $101.34 and its 200-day simple moving average is $104.15. The firm has a market cap of $13.43 billion, a PE ratio of 45.98, a price-to-earnings-growth ratio of 1.50 and a beta of 1.32.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. Equities analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.45%. Entegris’s dividend payout ratio (DPR) is 20.73%.

Insider Transactions at Entegris

In related news, SVP Clinton M. Haris sold 12,652 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $106.92, for a total value of $1,352,751.84. Following the sale, the senior vice president now owns 34,820 shares of the company’s stock, valued at approximately $3,722,954.40. This trade represents a 26.65 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Olivier Blachier sold 984 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $108.00, for a total value of $106,272.00. Following the transaction, the senior vice president now owns 10,903 shares of the company’s stock, valued at approximately $1,177,524. The trade was a 8.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 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).