James Investment Research Inc. reduced its holdings in Entegris Inc (NASDAQ:ENTG) by 9.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 60,960 shares of the semiconductor company’s stock after selling 6,380 shares during the period. James Investment Research Inc.’s holdings in Entegris were worth $1,856,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in shares of Entegris by 3,425.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 187,230 shares of the semiconductor company’s stock worth $5,317,000 after acquiring an additional 181,919 shares during the period. Numeric Investors LLC acquired a new stake in shares of Entegris in the 2nd quarter worth about $312,000. Stevens Capital Management LP acquired a new stake in shares of Entegris in the 3rd quarter worth about $252,000. Sensato Investors LLC increased its holdings in shares of Entegris by 199.8% in the 2nd quarter. Sensato Investors LLC now owns 51,268 shares of the semiconductor company’s stock worth $1,125,000 after acquiring an additional 34,168 shares during the period. Finally, Cipher Capital LP increased its holdings in shares of Entegris by 79.8% in the 3rd quarter. Cipher Capital LP now owns 74,235 shares of the semiconductor company’s stock worth $2,141,000 after acquiring an additional 32,939 shares during the period. Institutional investors own 96.56% of the company’s stock.

A number of analysts recently weighed in on ENTG shares. Citigroup increased their price objective on shares of Entegris from $29.00 to $34.00 and gave the stock a “neutral” rating in a report on Friday, October 27th. Seaport Global Securities started coverage on shares of Entegris in a report on Friday, December 15th. They issued a “buy” rating and a $37.00 price objective on the stock. Loop Capital increased their price objective on shares of Entegris from $35.00 to $40.00 and gave the stock a “buy” rating in a report on Friday, October 27th. Zacks Investment Research cut shares of Entegris from a “buy” rating to a “hold” rating in a report on Monday, January 1st. Finally, Dougherty & Co increased their price objective on shares of Entegris from $33.00 to $36.00 and gave the stock a “buy” rating in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Entegris currently has a consensus rating of “Buy” and an average target price of $32.55.

Entegris Inc (NASDAQ:ENTG) opened at $34.00 on Tuesday. The company has a market cap of $4,878.19, a PE ratio of 27.17, a price-to-earnings-growth ratio of 1.94 and a beta of 1.52. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.43 and a current ratio of 3.14. Entegris Inc has a 52 week low of $18.35 and a 52 week high of $35.35.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 21st. Shareholders of record on Wednesday, January 31st will be paid a dividend of $0.07 per share. The ex-dividend date is Tuesday, January 30th. This represents a $0.28 annualized dividend and a yield of 0.82%. Entegris’s payout ratio is 7.22%.

In other news, Director Michael A. Bradley sold 5,000 shares of Entegris stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $30.00, for a total value of $150,000.00. Following the transaction, the director now owns 65,557 shares of the company’s stock, valued at approximately $1,966,710. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Corey Rucci sold 3,528 shares of Entegris stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $32.68, for a total transaction of $115,295.04. Following the completion of the transaction, the vice president now directly owns 22,436 shares in the company, valued at approximately $733,208.48. The disclosure for this sale can be found here. In the last three months, insiders have sold 21,296 shares of company stock worth $666,592. 1.50% of the stock is owned by corporate insiders.

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Entegris Company Profile

Entegris, Inc is a global developer, manufacturer and supplier of microcontamination control products, specialty chemicals and materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries. The Company operates in three business segments: Specialty Chemicals and Engineered Materials (SCEM), Advanced Materials Handling (AMH) and Microcontamination Control (MC).

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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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