Janus Henderson Group PLC Has $52.39 Million Stake in Entegris, Inc. $ENTG

Janus Henderson Group PLC lifted its stake in Entegris, Inc. (NASDAQ:ENTG) by 1.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 446,888 shares of the semiconductor company’s stock after buying an additional 8,172 shares during the period. Janus Henderson Group PLC owned approximately 0.29% of Entegris worth $52,393,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in ENTG. Millstone Evans Group LLC raised its holdings in Entegris by 191.3% in the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 176 shares in the last quarter. Steph & Co. acquired a new stake in shares of Entegris during the 4th quarter worth $25,000. First Horizon Corp grew its holdings in shares of Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 178 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Entegris in the fourth quarter worth $29,000. Finally, Elevated Capital Advisors LLC bought a new position in shares of Entegris in the first quarter worth $44,000.

Insider Buying and Selling

In related news, SVP Joseph Colella sold 6,326 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $140.17, for a total transaction of $886,715.42. Following the completion of the transaction, the senior vice president directly owned 50,121 shares of the company’s stock, valued at $7,025,460.57. This trade represents a 11.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Olivier Blachier sold 2,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $140.04, for a total value of $280,080.00. Following the transaction, the senior vice president owned 34,897 shares of the company’s stock, valued at $4,886,975.88. This trade represents a 5.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 44,466 shares of company stock valued at $6,186,624 over the last three months. Insiders own 0.53% of the company’s stock.

Entegris Price Performance

ENTG stock opened at $119.05 on Friday. The company has a 50 day simple moving average of $144.65 and a 200 day simple moving average of $133.48. The stock has a market cap of $18.16 billion, a price-to-earnings ratio of 68.82, a P/E/G ratio of 1.39 and a beta of 1.31. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.75 by $0.11. The business had revenue of $811.90 million during the quarter, compared to the consensus estimate of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The firm’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.67 EPS. Research analysts anticipate that Entegris, Inc. will post 3.65 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, July 29th. Entegris’s dividend payout ratio is presently 23.12%.

Analyst Ratings Changes

Several research firms recently weighed in on ENTG. Mizuho upped their price objective on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft raised their target price on shares of Entegris from $145.00 to $155.00 and gave the company a “hold” rating in a report on Monday, July 6th. Citigroup restated a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. BMO Capital Markets upped their price target on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Finally, Wall Street Zen upgraded shares of Entegris from a “buy” rating to a “strong-buy” rating in a research report on Sunday, July 12th. Seven equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Entegris presently has an average rating of “Moderate Buy” and an average price target of $164.22.

Entegris Profile

Entegris, Inc is a leading provider of advanced materials and process control solutions for the semiconductor and other high-technology industries. The company develops and supplies a broad portfolio of products designed to ensure purity and reliability throughout the manufacturing process, helping customers address critical contamination and yield challenges.

Entegris’s product offerings include high-purity chemicals and specialty materials, liquid and gas filtration and purification systems, and sophisticated wafer and chip handling solutions.