James Hambro & Partners LLP Sells 32,099 Shares of Entegris, Inc. $ENTG

by · The Cerbat Gem

James Hambro & Partners LLP reduced its stake in Entegris, Inc. (NASDAQ:ENTGFree Report) by 3.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 820,790 shares of the semiconductor company’s stock after selling 32,099 shares during the period. Entegris accounts for 2.7% of James Hambro & Partners LLP’s holdings, making the stock its 20th biggest holding. James Hambro & Partners LLP owned 0.54% of Entegris worth $75,853,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. AdvisorNet Financial Inc grew its stake in Entegris by 3,869.8% in the second quarter. AdvisorNet Financial Inc now owns 5,002 shares of the semiconductor company’s stock valued at $403,000 after acquiring an additional 4,876 shares during the period. Inspire Investing LLC lifted its holdings in shares of Entegris by 18.5% in the 1st quarter. Inspire Investing LLC now owns 19,227 shares of the semiconductor company’s stock worth $1,682,000 after purchasing an additional 2,998 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Entegris by 40.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,759,296 shares of the semiconductor company’s stock valued at $241,383,000 after purchasing an additional 794,222 shares during the period. Meiji Yasuda Asset Management Co Ltd. grew its position in Entegris by 170.8% in the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 5,741 shares of the semiconductor company’s stock valued at $502,000 after purchasing an additional 3,621 shares during the period. Finally, Jump Financial LLC increased its stake in Entegris by 1,150.3% during the 1st quarter. Jump Financial LLC now owns 33,245 shares of the semiconductor company’s stock valued at $2,908,000 after purchasing an additional 30,586 shares in the last quarter.

Entegris Trading Down 0.2%

Shares of Entegris stock opened at $84.94 on Wednesday. The stock has a market capitalization of $12.88 billion, a P/E ratio of 44.94 and a beta of 1.32. Entegris, Inc. has a 52-week low of $60.75 and a 52-week high of $110.46. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.13 and a current ratio of 3.44. The stock’s 50-day simple moving average is $85.37 and its 200 day simple moving average is $85.09.

Entegris (NASDAQ:ENTGGet Free Report) last posted its earnings results on Wednesday, July 6th. The semiconductor company reported $0.70 earnings per share for the quarter. Entegris had a net margin of 8.95% and a return on equity of 11.61%. The firm had revenue of $512.84 million during the quarter. As a group, research analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 19th. Shareholders of record on Wednesday, October 29th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, October 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.5%. Entegris’s payout ratio is presently 21.16%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a report on Monday. Wall Street Zen upgraded Entegris from a “sell” rating to a “hold” rating in a research note on Friday, October 3rd. Zacks Research lowered Entegris from a “hold” rating to a “strong sell” rating in a report on Monday, November 3rd. Oppenheimer assumed coverage on Entegris in a report on Thursday, September 4th. They issued a “market perform” rating and a $95.00 target price on the stock. Finally, Mizuho decreased their price target on Entegris from $108.00 to $96.00 and set an “outperform” rating for the company in a report on Thursday, November 20th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $94.43.

View Our Latest Research Report on Entegris

Insider Buying and Selling

In other news, SVP Olivier Blachier sold 488 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $77.43, for a total value of $37,785.84. Following the completion of the transaction, the senior vice president directly owned 14,124 shares of the company’s stock, valued at $1,093,621.32. This trade represents a 3.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James P. Lederer sold 2,008 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $92.84, for a total value of $186,422.72. Following the sale, the director owned 20,434 shares in the company, valued at approximately $1,897,092.56. The trade was a 8.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 63,643 shares of company stock worth $4,966,433. Insiders own 0.61% of the company’s stock.

About Entegris

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ENTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Entegris, Inc. (NASDAQ:ENTGFree Report).