Silvercrest Asset Management Group LLC raised its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 6.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,689,604 shares of the company’s stock after buying an additional 264,977 shares during the period. Entegris accounts for about 0.9% of Silvercrest Asset Management Group LLC’s portfolio, making the stock its 23rd largest position. Silvercrest Asset Management Group LLC owned about 3.32% of Entegris worth $83,944,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Bank of Montreal Can raised its position in shares of Entegris by 15.6% in the third quarter. Bank of Montreal Can now owns 91,679 shares of the company’s stock valued at $1,598,000 after buying an additional 12,397 shares during the last quarter. First Quadrant L P CA raised its position in shares of Entegris by 79.7% in the third quarter. First Quadrant L P CA now owns 162,305 shares of the company’s stock valued at $2,827,000 after buying an additional 72,005 shares during the last quarter. Moody Aldrich Partners LLC raised its position in shares of Entegris by 10.9% in the third quarter. Moody Aldrich Partners LLC now owns 146,870 shares of the company’s stock valued at $2,558,000 after buying an additional 14,465 shares during the last quarter. Genesee Valley Trust Co. raised its position in shares of Entegris by 1.2% in the third quarter. Genesee Valley Trust Co. now owns 12,731 shares of the company’s stock valued at $222,000 after buying an additional 156 shares during the last quarter. Finally, BNP Paribas Arbitrage SA raised its position in shares of Entegris by 90.5% in the third quarter. BNP Paribas Arbitrage SA now owns 13,176 shares of the company’s stock valued at $230,000 after buying an additional 6,260 shares during the last quarter. 98.55% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

Entegris, Inc. (NASDAQ:ENTG) traded down 0.23% during trading on Thursday, hitting $21.75. Entegris, Inc. has a 1-year low of $11.50 and a 1-year high of $21.95. The firm has a market cap of $3.07 billion, a P/E ratio of 31.99 and a beta of 1.43. The company has a 50 day moving average of $19.16 and a 200 day moving average of $17.67.

Entegris (NASDAQ:ENTG) last posted its earnings results on Thursday, February 2nd. The company reported $0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.03. The company earned $308.50 million during the quarter, compared to analyst estimates of $282.88 million. Entegris had a return on equity of 15.45% and a net margin of 8.27%. The company’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.20 EPS. Equities analysts expect that Entegris, Inc. will post $1.07 earnings per share for the current fiscal year.

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A number of research firms have recently commented on ENTG. Goldman Sachs Group, Inc. (The) began coverage on shares of Entegris in a research report on Friday, February 10th. They issued a “buy” rating and a $26.00 price target on the stock. Dougherty & Co lifted their price target on shares of Entegris from $20.00 to $23.00 and gave the company a “buy” rating in a research report on Friday, February 3rd. Zacks Investment Research raised shares of Entegris from a “sell” rating to a “hold” rating and set a $22.00 price target on the stock in a research report on Monday, February 6th. Stifel Nicolaus lifted their price target on shares of Entegris from $19.00 to $22.00 and gave the company a “buy” rating in a research report on Thursday, January 26th. Finally, Needham & Company LLC began coverage on shares of Entegris in a research report on Monday, November 21st. They issued a “hold” rating on the stock. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $21.83.

In related news, COO Todd James Edlund sold 7,207 shares of the business’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $18.22, for a total value of $131,311.54. Following the completion of the transaction, the chief operating officer now directly owns 129,569 shares in the company, valued at approximately $2,360,747.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert Nicholas Burns sold 3,648 shares of the business’s stock in a transaction that occurred on Wednesday, February 15th. The shares were sold at an average price of $21.73, for a total value of $79,271.04. Following the completion of the transaction, the director now owns 38,639 shares of the company’s stock, valued at $839,625.47. The disclosure for this sale can be found here. Insiders have sold a total of 20,980 shares of company stock valued at $427,966 over the last 90 days. Corporate insiders own 1.70% of the company’s stock.

Entegris Company Profile

Entegris, Inc is a developer, manufacturer and supplier of materials and solutions for manufacturing processes in the semiconductor and other high-technology industries. The Company designs, manufactures and markets its products through two segments: Critical Materials Handling and Electronic Materials.

5 Day Chart for NASDAQ:ENTG

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