Vanguard Group Inc. grew its stake in Entegris Inc (NASDAQ:ENTG) by 3.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,923,047 shares of the semiconductor company’s stock after acquiring an additional 437,632 shares during the period. Vanguard Group Inc. owned 0.09% of Entegris worth $374,123,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sandler Capital Management grew its holdings in shares of Entegris by 17.6% in the 2nd quarter. Sandler Capital Management now owns 638,862 shares of the semiconductor company’s stock valued at $21,657,000 after acquiring an additional 95,842 shares in the last quarter. Calamos Advisors LLC bought a new position in Entegris during the third quarter worth about $295,000. Signature Estate & Investment Advisors LLC grew its holdings in Entegris by 15.3% during the third quarter. Signature Estate & Investment Advisors LLC now owns 32,490 shares of the semiconductor company’s stock worth $941,000 after purchasing an additional 4,320 shares during the period. Capital Fund Management S.A. grew its holdings in Entegris by 60.0% during the third quarter. Capital Fund Management S.A. now owns 77,683 shares of the semiconductor company’s stock worth $2,249,000 after purchasing an additional 29,125 shares during the period. Finally, Royce & Associates LP grew its holdings in Entegris by 60.3% during the third quarter. Royce & Associates LP now owns 573,880 shares of the semiconductor company’s stock worth $16,614,000 after purchasing an additional 215,977 shares during the period. Institutional investors own 94.46% of the company’s stock.
Shares of ENTG stock opened at $29.09 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.89 and a quick ratio of 2.64. The company has a market cap of $4.09 billion, a price-to-earnings ratio of 15.81 and a beta of 1.31. Entegris Inc has a 12-month low of $23.39 and a 12-month high of $39.55.
A number of equities analysts recently commented on ENTG shares. Goldman Sachs Group cut Entegris from a “buy” rating to a “neutral” rating and set a $30.00 price target for the company. in a report on Tuesday. ValuEngine upgraded Entegris from a “sell” rating to a “hold” rating in a report on Friday, December 28th. Zacks Investment Research upgraded Entegris from a “sell” rating to a “hold” rating in a report on Thursday, December 27th. BidaskClub upgraded Entegris from a “sell” rating to a “hold” rating in a report on Friday, December 28th. Finally, Deutsche Bank upgraded Entegris from a “hold” rating to a “buy” rating and reduced their price target for the stock from $40.00 to $38.00 in a report on Monday, October 1st. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $40.55.
Entegris, Inc develops, manufactures, and supplies microcontamination 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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