Entegris Inc (NASDAQ:ENTG) shares shot up 1.6% during mid-day trading on Thursday . The company traded as high as $42.18 and last traded at $42.83, 65,856 shares changed hands during trading. A decline of 97% from the average session volume of 2,035,875 shares. The stock had previously closed at $42.14.

A number of brokerages have recently issued reports on ENTG. Zacks Investment Research upgraded shares of FirstService from a “strong sell” rating to a “hold” rating and set a $110.00 target price on the stock in a research report on Tuesday, June 25th. Goldman Sachs Group lowered shares of SUMCO CORP/ADR from a “buy” rating to a “neutral” rating in a research report on Monday, June 10th. ValuEngine upgraded shares of Zumiez from a “sell” rating to a “hold” rating in a research report on Monday, July 22nd. BidaskClub lowered shares of Zai Lab from a “strong-buy” rating to a “buy” rating in a research report on Friday. Finally, CL King began coverage on shares of Entegris in a research report on Thursday, June 20th. They set a “buy” rating and a $44.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $44.00.

The company has a quick ratio of 3.06, a current ratio of 4.34 and a debt-to-equity ratio of 0.93. The firm has a market cap of $5.84 billion, a price-to-earnings ratio of 23.27 and a beta of 1.40. The firm has a 50-day moving average of $37.40.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Thursday, July 25th. The semiconductor company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.04). Entegris had a net margin of 18.18% and a return on equity of 24.54%. The firm had revenue of $378.90 million during the quarter, compared to analysts’ expectations of $382.02 million. During the same quarter last year, the business earned $0.49 earnings per share. The business’s quarterly revenue was down 1.1% on a year-over-year basis. Sell-side analysts expect that Entegris Inc will post 1.94 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 21st. Investors of record on Wednesday, July 31st will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.73%. This is a positive change from Entegris’s previous quarterly dividend of $0.07. The ex-dividend date is Tuesday, July 30th. Entegris’s dividend payout ratio (DPR) is 14.81%.

In related news, SVP William James Shaner sold 15,536 shares of Entegris stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $40.73, for a total value of $632,781.28. Following the transaction, the senior vice president now directly owns 21,062 shares in the company, valued at approximately $857,855.26. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Gregory Bryan Marshall sold 13,758 shares of Entegris stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $37.96, for a total transaction of $522,253.68. Following the completion of the transaction, the senior vice president now owns 12,435 shares in the company, valued at $472,032.60. The disclosure for this sale can be found here. Over the last quarter, insiders sold 62,894 shares of company stock worth $2,514,479. 1.50% of the stock is currently owned by insiders.

A number of large investors have recently bought and sold shares of the stock. FMR LLC grew its position in Entegris by 10.3% in the 1st quarter. FMR LLC now owns 6,330,016 shares of the semiconductor company’s stock valued at $225,918,000 after buying an additional 589,776 shares during the last quarter. TimesSquare Capital Management LLC grew its position in Entegris by 32.9% in the 1st quarter. TimesSquare Capital Management LLC now owns 3,232,400 shares of the semiconductor company’s stock valued at $115,364,000 after buying an additional 799,600 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Entegris by 2.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,638,553 shares of the semiconductor company’s stock valued at $73,601,000 after buying an additional 57,199 shares during the last quarter. Norges Bank purchased a new stake in shares of Entegris during the 4th quarter worth $61,048,000. Finally, Geode Capital Management LLC boosted its position in shares of Entegris by 8.0% during the 4th quarter. Geode Capital Management LLC now owns 1,591,981 shares of the semiconductor company’s stock worth $44,407,000 after purchasing an additional 118,276 shares in the last quarter.

Entegris Company Profile (NASDAQ:ENTG)

Entegris, Inc develops, manufactures, and supplies micro contamination control products, specialty chemicals, and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries worldwide. It operates through three segments: Specialty Chemicals and Engineered Materials (SCEM); Microcontamination Control (MC); and Advanced Materials Handling (AMH).

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