Entegris, Inc. (NASDAQ:ENTG) Shares Sold by Curi RMB Capital LLC

Curi RMB Capital LLC cut its holdings in Entegris, Inc. (NASDAQ:ENTG) by 9.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 227,046 shares of the semiconductor company’s stock after selling 24,767 shares during the quarter. Curi RMB Capital LLC owned about 0.15% of Entegris worth $22,491,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Entegris during the fourth quarter valued at $445,988,000. Raymond James Financial Inc. acquired a new position in Entegris in the fourth quarter worth about $91,869,000. Principal Financial Group Inc. lifted its holdings in Entegris by 130.8% in the third quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company’s stock worth $155,287,000 after acquiring an additional 781,955 shares during the last quarter. James Hambro & Partners LLP bought a new stake in shares of Entegris during the fourth quarter valued at approximately $72,845,000. Finally, Wealthfront Advisers LLC bought a new position in shares of Entegris in the fourth quarter valued at approximately $68,661,000.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. StockNews.com downgraded Entegris from a “hold” rating to a “sell” rating in a research note on Saturday. KeyCorp lowered their target price on Entegris from $141.00 to $130.00 and set an “overweight” rating on the stock in a research note on Monday, April 14th. Mizuho decreased their target price on Entegris from $125.00 to $120.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Finally, Needham & Company LLC restated a “buy” rating and set a $120.00 price objective on shares of Entegris in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, Entegris presently has an average rating of “Moderate Buy” and an average target price of $123.50.

Insider Buying and Selling

In other Entegris news, SVP Olivier Blachier sold 984 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $108.00, for a total transaction of $106,272.00. Following the completion of the transaction, the senior vice president now owns 10,903 shares of the company’s stock, valued at $1,177,524. This represents a 8.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Clinton M. Haris sold 12,652 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $106.92, for a total transaction of $1,352,751.84. Following the transaction, the senior vice president now directly owns 34,820 shares of the company’s stock, valued at $3,722,954.40. This represents a 26.65 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by insiders.

Entegris Stock Up 1.7 %

Shares of NASDAQ:ENTG opened at $68.73 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.86 and a current ratio of 3.08. Entegris, Inc. has a 52-week low of $60.75 and a 52-week high of $147.57. The company has a market capitalization of $10.40 billion, a PE ratio of 35.61, a price-to-earnings-growth ratio of 1.50 and a beta of 1.36. The company has a fifty day moving average of $90.83 and a 200-day moving average of $99.71.

Entegris (NASDAQ:ENTG) last posted its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. On average, equities analysts predict that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 21st. Investors of record on Wednesday, April 30th will be issued a dividend of $0.10 per share. The ex-dividend date is Wednesday, April 30th. This represents a $0.40 annualized dividend and a yield of 0.58%. Entegris’s dividend payout ratio (DPR) is currently 20.73%.

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).