Entegris, Inc. $ENTG Shares Sold by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. decreased its position in Entegris, Inc. (NASDAQ:ENTG) by 15.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 15,900 shares of the semiconductor company’s stock after selling 3,001 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Entegris were worth $1,282,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of ENTG. Rise Advisors LLC purchased a new stake in shares of Entegris during the first quarter worth about $26,000. Costello Asset Management INC acquired a new stake in Entegris during the first quarter worth approximately $26,000. Alpine Bank Wealth Management grew its stake in Entegris by 73.7% in the 2nd quarter. Alpine Bank Wealth Management now owns 311 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 132 shares during the period. Summit Securities Group LLC acquired a new position in Entegris in the 1st quarter valued at $36,000. Finally, SVB Wealth LLC purchased a new position in shares of Entegris during the 1st quarter worth $43,000.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Mizuho lowered their price objective on Entegris from $108.00 to $96.00 and set an “outperform” rating for the company in a research report on Thursday, November 20th. Weiss Ratings restated a “hold (c-)” rating on shares of Entegris in a report on Tuesday. KeyCorp reiterated an “overweight” rating and set a $103.00 price objective (down from $112.00) on shares of Entegris in a report on Thursday, July 31st. Zacks Research cut shares of Entegris from a “hold” rating to a “strong sell” rating in a research report on Monday, November 3rd. Finally, Oppenheimer began coverage on shares of Entegris in a research report on Thursday, September 4th. They set a “market perform” rating and a $95.00 price target for the company. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Entegris has a consensus rating of “Hold” and a consensus target price of $95.86.

Entegris Stock Performance

NASDAQ ENTG opened at $75.08 on Thursday. The company has a debt-to-equity ratio of 1.04, a current ratio of 3.30 and a quick ratio of 1.95. Entegris, Inc. has a 1-year low of $60.75 and a 1-year high of $112.36. The firm has a market capitalization of $11.38 billion, a P/E ratio of 38.70 and a beta of 1.39. The business’s 50-day simple moving average is $88.26 and its 200-day simple moving average is $83.47.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Wednesday, July 6th. The semiconductor company reported $0.70 EPS for the quarter. The firm had revenue of $512.84 million for the quarter. Entegris had a net margin of 9.17% and a return on equity of 12.05%. Equities analysts predict that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 19th. Stockholders of record on Wednesday, October 29th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, October 29th. Entegris’s dividend payout ratio (DPR) is currently 21.16%.

Insider Buying and Selling at Entegris

In related news, SVP Olivier Blachier sold 488 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $77.43, for a total transaction of $37,785.84. Following the completion of the sale, the senior vice president directly owned 14,124 shares of the company’s stock, valued at approximately $1,093,621.32. This represents a 3.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Joseph Colella sold 3,577 shares of the stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $88.41, for a total value of $316,242.57. Following the completion of the sale, the senior vice president owned 34,364 shares of the company’s stock, valued at approximately $3,038,121.24. This represents a 9.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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).