Yousif Capital Management LLC Has $4.13 Million Stake in Entegris, Inc. $ENTG

Yousif Capital Management LLC reduced its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 2.0% in the 2nd quarter, Holdings Channel reports. The firm owned 51,264 shares of the semiconductor company’s stock after selling 1,056 shares during the period. Yousif Capital Management LLC’s holdings in Entegris were worth $4,134,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Rise Advisors LLC acquired a new position in Entegris during the first quarter valued at approximately $26,000. Costello Asset Management INC acquired a new position in Entegris during the first quarter valued at approximately $26,000. Alpine Bank Wealth Management raised its position in Entegris by 73.7% during the second quarter. Alpine Bank Wealth Management now owns 311 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 132 shares in the last quarter. Summit Securities Group LLC acquired a new position in Entegris during the first quarter valued at approximately $36,000. Finally, SVB Wealth LLC acquired a new position in Entegris during the first quarter valued at approximately $43,000.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Wall Street Zen upgraded shares of Entegris from a “sell” rating to a “hold” rating in a research report on Friday, October 3rd. Oppenheimer started coverage on shares of Entegris in a research note on Thursday, September 4th. They set a “market perform” rating and a $95.00 target price on the stock. UBS Group decreased their target price on shares of Entegris from $95.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, July 31st. Mizuho boosted their target price on shares of Entegris from $100.00 to $108.00 and gave the stock an “outperform” rating in a research note on Friday, October 3rd. Finally, KeyCorp reaffirmed an “overweight” rating and set a $103.00 target price (down previously from $112.00) on shares of Entegris in a research note on Thursday, July 31st. Seven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Entegris has a consensus rating of “Moderate Buy” and an average price target of $106.30.

Entegris Stock Performance

Shares of Entegris stock opened at $94.62 on Thursday. The company has a quick ratio of 1.95, a current ratio of 3.30 and a debt-to-equity ratio of 1.04. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $112.36. The stock has a market cap of $14.34 billion, a price-to-earnings ratio of 48.77 and a beta of 1.38. The company’s fifty day moving average is $86.70 and its 200 day moving average is $81.41.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Wednesday, July 6th. The semiconductor company reported $0.70 earnings per share for the quarter. Entegris had a net margin of 9.17% and a return on equity of 12.05%. The company had revenue of $512.84 million for the quarter. Sell-side analysts forecast that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 19th. Investors of record on Wednesday, October 29th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, October 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.4%. Entegris’s payout ratio is currently 20.62%.

Insider Buying and Selling at Entegris

In related news, SVP Susan G. Rice sold 8,858 shares of the business’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $79.84, for a total value of $707,222.72. Following the transaction, the senior vice president owned 56,912 shares in the company, valued at $4,543,854.08. The trade was a 13.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.67% of the stock is currently owned by corporate insiders.

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).