641,101 Shares in Entegris, Inc. (NASDAQ:ENTG) Acquired by D1 Capital Partners L.P.

D1 Capital Partners L.P. bought a new position in shares of Entegris, Inc. (NASDAQ:ENTG) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 641,101 shares of the semiconductor company’s stock, valued at approximately $72,143,000. Entegris makes up 1.4% of D1 Capital Partners L.P.’s investment portfolio, making the stock its 25th biggest holding.

Other large investors have also recently bought and sold shares of the company. Diversified Trust Co acquired a new position in Entegris during the 2nd quarter worth approximately $851,000. Cetera Investment Advisers boosted its holdings in shares of Entegris by 128.0% in the 1st quarter. Cetera Investment Advisers now owns 20,387 shares of the semiconductor company’s stock valued at $2,865,000 after buying an additional 11,444 shares during the last quarter. Swedbank AB boosted its holdings in shares of Entegris by 520.3% in the 2nd quarter. Swedbank AB now owns 300,361 shares of the semiconductor company’s stock valued at $40,669,000 after buying an additional 251,938 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of Entegris by 124.6% in the 2nd quarter. SG Americas Securities LLC now owns 14,563 shares of the semiconductor company’s stock valued at $1,972,000 after buying an additional 8,079 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Entegris by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,065,812 shares of the semiconductor company’s stock valued at $119,936,000 after buying an additional 14,650 shares during the last quarter.

Analyst Upgrades and Downgrades

ENTG has been the subject of several recent analyst reports. Mizuho cut their price objective on Entegris from $143.00 to $125.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Craig Hallum cut their price target on Entegris from $150.00 to $130.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Needham & Company LLC reaffirmed a “buy” rating and set a $150.00 price target on shares of Entegris in a report on Thursday, August 1st. KeyCorp lowered their price objective on Entegris from $164.00 to $154.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Entegris from $145.00 to $115.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $135.40.

Entegris Stock Down 0.5 %

Shares of NASDAQ ENTG opened at $104.96 on Friday. Entegris, Inc. has a 52 week low of $94.92 and a 52 week high of $147.57. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.83 and a current ratio of 2.92. The stock’s fifty day moving average is $106.83 and its 200 day moving average is $118.13. The stock has a market capitalization of $15.85 billion, a P/E ratio of 69.51, a PEG ratio of 1.73 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). Entegris had a return on equity of 12.24% and a net margin of 7.13%. The firm had revenue of $807.70 million for the quarter, compared to the consensus estimate of $832.44 million. During the same quarter in the prior year, the firm earned $0.68 EPS. The company’s revenue was down 9.1% on a year-over-year basis. Sell-side analysts forecast that Entegris, Inc. will post 2.99 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, October 30th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, October 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.38%. Entegris’s dividend payout ratio (DPR) is presently 26.49%.

Entegris Profile

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).