Stone Ridge Asset Management LLC bought a new position in Entegris Inc (NASDAQ:ENTG) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 42,656 shares of the semiconductor company’s stock, valued at approximately $1,299,000.
Several other hedge funds have also recently modified their holdings of the business. Deutsche Bank AG lifted its holdings in shares of Entegris by 118.7% in the 4th quarter. Deutsche Bank AG now owns 1,806,333 shares of the semiconductor company’s stock worth $55,000,000 after buying an additional 980,282 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Entegris by 2.4% in the 4th quarter. Renaissance Technologies LLC now owns 1,759,455 shares of the semiconductor company’s stock worth $53,575,000 after buying an additional 41,365 shares during the period. Carillon Tower Advisers Inc. purchased a new stake in shares of Entegris in the 4th quarter worth $51,256,000. Geode Capital Management LLC lifted its holdings in shares of Entegris by 3.8% in the 4th quarter. Geode Capital Management LLC now owns 1,402,887 shares of the semiconductor company’s stock worth $42,717,000 after buying an additional 50,809 shares during the period. Finally, OppenheimerFunds Inc. lifted its holdings in shares of Entegris by 1.6% in the 4th quarter. OppenheimerFunds Inc. now owns 1,211,946 shares of the semiconductor company’s stock worth $36,904,000 after buying an additional 19,175 shares during the period. Institutional investors and hedge funds own 96.56% of the company’s stock.
In related news, COO Todd James Edlund sold 5,000 shares of the company’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $33.82, for a total transaction of $169,100.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Corey Rucci sold 5,732 shares of the company’s stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $36.43, for a total value of $208,816.76. The disclosure for this sale can be found here. Over the last three months, insiders sold 335,754 shares of company stock valued at $11,317,780. Corporate insiders own 1.50% of the company’s stock.
Entegris Inc (NASDAQ:ENTG) opened at $36.15 on Friday. The company has a market capitalization of $5,102.25, a price-to-earnings ratio of 25.10, a PEG ratio of 1.84 and a beta of 1.44. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.63 and a quick ratio of 2.95. Entegris Inc has a 1 year low of $21.77 and a 1 year high of $36.88.
Entegris (NASDAQ:ENTG) last released its quarterly earnings results on Tuesday, February 6th. The semiconductor company reported $0.41 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.04. The firm had revenue of $350.56 million during the quarter, compared to analyst estimates of $340.68 million. Entegris had a return on equity of 20.95% and a net margin of 6.34%. research analysts anticipate that Entegris Inc will post 1.75 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, February 21st. Stockholders of record on Wednesday, January 31st were given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend was Tuesday, January 30th. Entegris’s payout ratio is 23.73%.
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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