MetLife Investment Management LLC Sells 211 Shares of Entegris, Inc. (NASDAQ:ENTG)

MetLife Investment Management LLC decreased its position in Entegris, Inc. (NASDAQ:ENTG) by 2.2% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 9,281 shares of the semiconductor company’s stock after selling 211 shares during the period. MetLife Investment Management LLC’s holdings in Entegris were worth $919,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Corient Private Wealth LLC lifted its position in shares of Entegris by 1.1% in the fourth quarter. Corient Private Wealth LLC now owns 11,862 shares of the semiconductor company’s stock worth $1,175,000 after purchasing an additional 128 shares in the last quarter. Torray Investment Partners LLC lifted its position in Entegris by 0.9% during the 4th quarter. Torray Investment Partners LLC now owns 15,266 shares of the semiconductor company’s stock worth $1,512,000 after buying an additional 129 shares in the last quarter. Metis Global Partners LLC boosted its stake in shares of Entegris by 7.1% during the 4th quarter. Metis Global Partners LLC now owns 2,049 shares of the semiconductor company’s stock worth $203,000 after buying an additional 135 shares during the last quarter. HighPoint Advisor Group LLC grew its holdings in shares of Entegris by 4.3% in the 4th quarter. HighPoint Advisor Group LLC now owns 3,559 shares of the semiconductor company’s stock valued at $376,000 after acquiring an additional 146 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its position in shares of Entegris by 6.3% in the fourth quarter. Sequoia Financial Advisors LLC now owns 2,482 shares of the semiconductor company’s stock valued at $246,000 after acquiring an additional 147 shares during the last quarter.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ENTG shares. StockNews.com downgraded Entegris from a “hold” rating to a “sell” rating in a research note on Saturday, April 19th. Needham & Company LLC reissued a “buy” rating and issued a $120.00 target price on shares of Entegris in a research note on Friday, February 7th. Mizuho dropped their price target on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. KeyCorp decreased their price objective on shares of Entegris from $141.00 to $130.00 and set an “overweight” rating for the company in a research report on Monday, April 14th. Finally, UBS Group dropped their target price on shares of Entegris from $115.00 to $90.00 and set a “neutral” rating on the stock in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $120.38.

Entegris Trading Up 5.2 %

Shares of ENTG stock opened at $83.41 on Friday. Entegris, Inc. has a 12-month low of $60.75 and a 12-month high of $147.57. The company has a market capitalization of $12.62 billion, a PE ratio of 43.22, a price-to-earnings-growth ratio of 1.50 and a beta of 1.36. The firm has a 50 day moving average price of $85.01 and a two-hundred day moving average price of $97.46. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08.

Entegris (NASDAQ:ENTG) last released its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share for the quarter, topping 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%. As a group, analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.48%. The ex-dividend date is Wednesday, April 30th. Entegris’s dividend payout ratio (DPR) is 20.73%.

Insider Buying and Selling at Entegris

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