TD Asset Management Inc. increased its stake in shares of Entegris Inc (NASDAQ:ENTG) by 14.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 40,600 shares of the semiconductor company’s stock after acquiring an additional 5,100 shares during the quarter. TD Asset Management Inc.’s holdings in Entegris were worth $1,376,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Amalgamated Bank boosted its position in shares of Entegris by 14.3% during the second quarter. Amalgamated Bank now owns 21,683 shares of the semiconductor company’s stock worth $735,000 after acquiring an additional 2,718 shares during the last quarter. GW&K Investment Management LLC boosted its position in shares of Entegris by 38.4% during the first quarter. GW&K Investment Management LLC now owns 10,320 shares of the semiconductor company’s stock worth $359,000 after acquiring an additional 2,865 shares during the last quarter. Summit Trail Advisors LLC boosted its position in shares of Entegris by 37.7% during the first quarter. Summit Trail Advisors LLC now owns 11,256 shares of the semiconductor company’s stock worth $155,000 after acquiring an additional 3,080 shares during the last quarter. Brown Advisory Inc. boosted its position in shares of Entegris by 24.0% during the first quarter. Brown Advisory Inc. now owns 17,131 shares of the semiconductor company’s stock worth $597,000 after acquiring an additional 3,317 shares during the last quarter. Finally, Allianz Asset Management GmbH boosted its position in shares of Entegris by 0.8% during the first quarter. Allianz Asset Management GmbH now owns 599,372 shares of the semiconductor company’s stock worth $20,858,000 after acquiring an additional 4,857 shares during the last quarter. Hedge funds and other institutional investors own 93.48% of the company’s stock.

NASDAQ ENTG opened at $32.35 on Tuesday. The company has a current ratio of 3.79, a quick ratio of 2.49 and a debt-to-equity ratio of 0.62. The stock has a market cap of $4.59 billion, a price-to-earnings ratio of 22.47, a price-to-earnings-growth ratio of 1.33 and a beta of 1.42. Entegris Inc has a one year low of $23.50 and a one year high of $39.55.

Entegris (NASDAQ:ENTG) last posted its earnings results on Thursday, July 26th. The semiconductor company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.04. The business had revenue of $383.06 million for the quarter, compared to the consensus estimate of $378.52 million. Entegris had a net margin of 8.61% and a return on equity of 24.90%. The company’s revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.34 EPS. equities research analysts expect that Entegris Inc will post 1.95 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 22nd. Shareholders of record on Wednesday, August 1st will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend is Tuesday, July 31st. Entegris’s dividend payout ratio (DPR) is 19.44%.

ENTG has been the subject of a number of research reports. BidaskClub upgraded shares of Entegris from a “buy” rating to a “strong-buy” rating in a research report on Friday, May 18th. Craig Hallum reiterated a “buy” rating on shares of Entegris in a research report on Friday, June 8th. Stifel Nicolaus increased their price objective on shares of Entegris from $44.00 to $46.00 and gave the company a “buy” rating in a research report on Monday, July 2nd. ValuEngine lowered shares of Entegris from a “buy” rating to a “hold” rating in a research report on Wednesday, July 11th. Finally, Loop Capital set a $46.00 price objective on shares of Entegris and gave the company a “buy” rating in a research report on Saturday, July 28th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $42.00.

In other Entegris news, Director Brian F. Sullivan sold 5,133 shares of the firm’s stock in a transaction dated Monday, August 6th. The shares were sold at an average price of $36.65, for a total transaction of $188,124.45. Following the transaction, the director now owns 103,294 shares of the company’s stock, valued at approximately $3,785,725.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Gregory B. Graves sold 24,318 shares of the firm’s stock in a transaction dated Tuesday, June 5th. The shares were sold at an average price of $37.01, for a total transaction of $900,009.18. Following the transaction, the chief financial officer now directly owns 85,796 shares in the company, valued at approximately $3,175,309.96. The disclosure for this sale can be found here. Insiders have sold a total of 45,474 shares of company stock worth $1,663,781 in the last three months. Insiders own 1.20% of the company’s stock.

Entegris Profile

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries worldwide. It operates through three segments: Specialty Chemicals and Engineered Materials (SCEM), Microcontamination Control (MC), and Advanced Materials Handling (AMH).

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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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