735,249 Shares in Entegris, Inc. (NASDAQ:ENTG) Purchased by James Hambro & Partners LLP

James Hambro & Partners LLP purchased a new stake in Entegris, Inc. (NASDAQ:ENTG) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 735,249 shares of the semiconductor company’s stock, valued at approximately $72,845,000. Entegris makes up about 2.9% of James Hambro & Partners LLP’s portfolio, making the stock its 20th largest holding. James Hambro & Partners LLP owned approximately 0.49% of Entegris at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Bridges Investment Management Inc. raised its stake 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 purchasing an additional 98 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Entegris by 7.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,612 shares of the semiconductor company’s stock worth $181,000 after buying an additional 113 shares during the last quarter. Angeles Investment Advisors LLC raised its position in shares of Entegris by 4.1% during the 3rd quarter. Angeles Investment Advisors LLC now owns 3,230 shares of the semiconductor company’s stock valued at $363,000 after buying an additional 127 shares in the last quarter. Huntington National Bank lifted its holdings 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 acquiring an additional 132 shares during the last quarter. Finally, Equitable Trust Co. grew its position in Entegris by 2.2% in the third quarter. Equitable Trust Co. now owns 6,501 shares of the semiconductor company’s stock worth $732,000 after acquiring an additional 138 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ENTG. UBS Group lowered their price target on Entegris from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 5th. KeyCorp decreased their price objective on Entegris from $154.00 to $150.00 and set an “overweight” rating on the stock in a report on Friday, January 10th. Craig Hallum cut their target price on Entegris from $150.00 to $130.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. BMO Capital Markets decreased their price target on shares of Entegris from $145.00 to $135.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 5th. Finally, Mizuho cut their price objective on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $134.50.

Entegris Stock Performance

NASDAQ:ENTG opened at $104.19 on Monday. The stock’s fifty day moving average is $103.80 and its 200 day moving average is $109.26. The firm has a market capitalization of $15.73 billion, a PE ratio of 69.00, a PEG ratio of 1.46 and a beta of 1.24. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.83 and a current ratio of 2.92. Entegris, Inc. has a fifty-two week low of $94.92 and a fifty-two week high of $147.57.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.01). The firm had revenue of $807.70 million for the quarter, compared to analysts’ expectations of $832.44 million. Entegris had a return on equity of 12.24% and a net margin of 7.13%. The company’s revenue for the quarter was down 9.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.68 earnings per share. On average, sell-side analysts anticipate that Entegris, Inc. will post 2.94 earnings per share for the current year.

Entegris Announces Dividend

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

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).