Virtu Financial LLC Acquires New Shares in Entegris, Inc. (NASDAQ:ENTG)

Virtu Financial LLC bought a new position in Entegris, Inc. (NASDAQ:ENTG) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 7,444 shares of the semiconductor company’s stock, valued at approximately $892,000.

A number of other hedge funds have also added to or reduced their stakes in ENTG. Commerce Bank boosted its position in shares of Entegris by 0.6% in the fourth quarter. Commerce Bank now owns 13,725 shares of the semiconductor company’s stock valued at $1,645,000 after acquiring an additional 86 shares during the period. Manchester Capital Management LLC grew its position in shares of Entegris by 19.1% during the 4th quarter. Manchester Capital Management LLC now owns 599 shares of the semiconductor company’s stock valued at $72,000 after purchasing an additional 96 shares in the last quarter. Allworth Financial LP increased its holdings in shares of Entegris by 7.3% in the fourth quarter. Allworth Financial LP now owns 1,463 shares of the semiconductor company’s stock worth $175,000 after purchasing an additional 100 shares during the period. Benjamin F. Edwards & Company Inc. raised its position in shares of Entegris by 5.3% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 2,105 shares of the semiconductor company’s stock worth $253,000 after buying an additional 105 shares in the last quarter. Finally, Rehmann Capital Advisory Group boosted its stake in Entegris by 4.3% during the third quarter. Rehmann Capital Advisory Group now owns 2,615 shares of the semiconductor company’s stock valued at $246,000 after buying an additional 108 shares during the period.

Entegris Trading Down 2.5 %

ENTG stock traded down $3.43 during trading on Friday, hitting $133.90. 1,079,541 shares of the company traded hands, compared to its average volume of 1,198,443. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.02 and a current ratio of 3.35. The company has a 50-day moving average of $130.97 and a 200-day moving average of $126.99. The firm has a market capitalization of $20.19 billion, a PE ratio of 64.38 and a beta of 1.24. Entegris, Inc. has a 1 year low of $84.13 and a 1 year high of $146.91.

Entegris (NASDAQ:ENTG) last issued its earnings results on Wednesday, May 1st. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.07. Entegris had a net margin of 9.31% and a return on equity of 11.94%. The firm had revenue of $771.03 million for the quarter, compared to analysts’ expectations of $769.24 million. During the same quarter last year, the business earned $0.65 earnings per share. The business’s revenue was down 16.4% on a year-over-year basis. Analysts predict that Entegris, Inc. will post 3.25 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 22nd. Stockholders of record on Wednesday, May 1st were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.30%. The ex-dividend date was Tuesday, April 30th. Entegris’s dividend payout ratio (DPR) is 19.23%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Wolfe Research initiated coverage on Entegris in a research report on Friday, March 1st. They set an “outperform” rating and a $160.00 price target for the company. Needham & Company LLC reaffirmed a “buy” rating and set a $150.00 price objective on shares of Entegris in a report on Monday, May 13th. Mizuho increased their target price on Entegris from $140.00 to $143.00 and gave the company a “neutral” rating in a research note on Thursday, May 2nd. Finally, StockNews.com cut Entegris from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. According to MarketBeat.com, Entegris presently has a consensus rating of “Moderate Buy” and a consensus price target of $148.67.

Insider Transactions at Entegris

In other Entegris news, SVP Clinton M. Haris sold 5,005 shares of the company’s stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of $124.74, for a total transaction of $624,323.70. Following the completion of the transaction, the senior vice president now owns 34,600 shares of the company’s stock, valued at approximately $4,316,004. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, SVP James Anthony O’neill sold 6,761 shares of the firm’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $133.50, for a total value of $902,593.50. Following the completion of the sale, the senior vice president now directly owns 13,652 shares of the company’s stock, valued at approximately $1,822,542. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Clinton M. Haris sold 5,005 shares of the business’s stock in a transaction dated Friday, May 31st. The shares were sold at an average price of $124.74, for a total transaction of $624,323.70. Following the transaction, the senior vice president now owns 34,600 shares in the company, valued at approximately $4,316,004. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,752 shares of company stock worth $1,792,723. Company insiders own 0.67% of the company’s stock.

Entegris 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).