Mckinley Capital Management LLC Delaware cut its position in shares of Entegris Inc (NASDAQ:ENTG) by 28.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 96,660 shares of the semiconductor company’s stock after selling 38,348 shares during the quarter. Mckinley Capital Management LLC Delaware’s holdings in Entegris were worth $2,944,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Ameritas Investment Partners Inc. increased its stake in Entegris by 1.2% during the second quarter. Ameritas Investment Partners Inc. now owns 12,364 shares of the semiconductor company’s stock worth $271,000 after acquiring an additional 148 shares during the last quarter. Cornerstone Capital Management Holdings LLC. increased its stake in Entegris by 1.1% during the second quarter. Cornerstone Capital Management Holdings LLC. now owns 47,487 shares of the semiconductor company’s stock worth $1,042,000 after acquiring an additional 500 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Entegris by 0.6% during the second quarter. The Manufacturers Life Insurance Company now owns 109,553 shares of the semiconductor company’s stock worth $2,405,000 after acquiring an additional 629 shares during the last quarter. Strs Ohio increased its stake in Entegris by 10.2% during the third quarter. Strs Ohio now owns 20,600 shares of the semiconductor company’s stock worth $594,000 after acquiring an additional 1,900 shares during the last quarter. Finally, Rhumbline Advisers increased its stake in Entegris by 1.4% during the third quarter. Rhumbline Advisers now owns 171,208 shares of the semiconductor company’s stock worth $4,939,000 after acquiring an additional 2,348 shares during the last quarter. Institutional investors own 95.70% of the company’s stock.

Shares of Entegris Inc (ENTG) opened at $31.15 on Wednesday. The company has a quick ratio of 2.43, a current ratio of 3.14 and a debt-to-equity ratio of 0.40. Entegris Inc has a 12 month low of $20.85 and a 12 month high of $35.35. The stock has a market capitalization of $4,397.44, a PE ratio of 21.60, a PEG ratio of 1.62 and a beta of 1.51.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 21st. Stockholders of record on Wednesday, January 31st will be paid a $0.07 dividend. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.90%. Entegris’s dividend payout ratio (DPR) is currently 23.73%.

In other news, Director Michael A. Bradley sold 5,000 shares of the stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $30.00, for a total value of $150,000.00. Following the completion of the sale, the director now owns 65,557 shares in the company, valued at $1,966,710. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Paul L. H. Olson sold 3,000 shares of the stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $30.21, for a total value of $90,630.00. Following the completion of the sale, the director now owns 45,364 shares of the company’s stock, valued at approximately $1,370,446.44. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by company insiders.

Several equities research analysts have commented on the company. Needham & Company LLC restated a “buy” rating and set a $37.00 price target (up from $35.00) on shares of Entegris in a research note on Wednesday, February 7th. Craig Hallum upgraded Entegris from a “hold” rating to a “buy” rating in a research note on Tuesday, February 6th. Dougherty & Co upped their price target on Entegris from $36.00 to $37.50 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. Loop Capital restated a “buy” rating and set a $40.00 price target on shares of Entegris in a research note on Friday, December 1st. Finally, ValuEngine upgraded Entegris from a “hold” rating to a “buy” rating in a research note on Thursday, February 8th. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $32.77.

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Entegris 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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