Kiwi Wealth Investments Limited Partnership Grows Holdings in Entegris, Inc. (ENTG)

Kiwi Wealth Investments Limited Partnership raised its stake in Entegris, Inc. (NASDAQ:ENTG) by 16.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 80,393 shares of the semiconductor company’s stock after buying an additional 11,582 shares during the quarter. Kiwi Wealth Investments Limited Partnership owned 0.06% of Entegris worth $2,319,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in ENTG. Teacher Retirement System of Texas increased its stake in shares of Entegris by 0.5% during the 2nd quarter. Teacher Retirement System of Texas now owns 11,271 shares of the semiconductor company’s stock worth $247,000 after purchasing an additional 53 shares during the last quarter. Alps Advisors Inc. increased its stake in shares of Entegris by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 21,965 shares of the semiconductor company’s stock worth $482,000 after purchasing an additional 56 shares during the last quarter. Pacad Investment Ltd. increased its stake in shares of Entegris by 0.7% during the 2nd quarter. Pacad Investment Ltd. now owns 13,821 shares of the semiconductor company’s stock worth $303,000 after purchasing an additional 100 shares during the last quarter. Ameritas Investment Partners Inc. increased its stake in shares of Entegris by 1.2% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 12,364 shares of the semiconductor company’s stock worth $271,000 after purchasing an additional 148 shares during the last quarter. Finally, 1st Global Advisors Inc. increased its stake in shares of Entegris by 0.6% during the 2nd quarter. 1st Global Advisors Inc. now owns 34,720 shares of the semiconductor company’s stock worth $762,000 after purchasing an additional 206 shares during the last quarter. Hedge funds and other institutional investors own 95.26% of the company’s stock.



In other Entegris news, SVP Stuart Tison sold 3,814 shares of the stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $31.00, for a total value of $118,234.00. Following the completion of the sale, the senior vice president now directly owns 81,943 shares of the company’s stock, valued at approximately $2,540,233. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Corey Rucci sold 15,000 shares of the stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $26.25, for a total transaction of $393,750.00. Following the completion of the sale, the vice president now directly owns 25,964 shares of the company’s stock, valued at $681,555. The disclosure for this sale can be found here. Over the last three months, insiders sold 31,796 shares of company stock valued at $909,907. Insiders own 1.70% of the company’s stock.

Several brokerages have recently commented on ENTG. Needham & Company LLC restated a “buy” rating and set a $35.00 price target on shares of Entegris in a research note on Friday, October 27th. Dougherty & Co increased their price target on shares of Entegris from $33.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, October 27th. Citigroup Inc. increased their price target on shares of Entegris from $29.00 to $34.00 and gave the stock a “neutral” rating in a research note on Friday, October 27th. Loop Capital increased their price target on shares of Entegris from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Friday, October 27th. Finally, Zacks Investment Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating and set a $35.00 price target on the stock in a research note on Thursday, October 19th. Four research analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the stock. Entegris presently has a consensus rating of “Buy” and an average target price of $32.10.

Entegris, Inc. (NASDAQ ENTG) traded down $0.20 during midday trading on Thursday, hitting $30.75. 915,600 shares of the company traded hands, compared to its average volume of 854,462. The company has a current ratio of 3.14, a quick ratio of 2.43 and a debt-to-equity ratio of 0.40. The company has a market cap of $4,376.23, a P/E ratio of 24.37, a P/E/G ratio of 2.01 and a beta of 1.56. Entegris, Inc. has a fifty-two week low of $17.10 and a fifty-two week high of $33.05.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.40 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.06. The business had revenue of $345.60 million during the quarter, compared to the consensus estimate of $334.30 million. Entegris had a net margin of 10.73% and a return on equity of 18.82%. Entegris’s quarterly revenue was up 16.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.24 EPS. sell-side analysts anticipate that Entegris, Inc. will post 1.37 earnings per share for the current fiscal year.

The company also recently disclosed a special dividend, which will be paid on Wednesday, November 22nd. Investors of record on Wednesday, November 1st will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Tuesday, October 31st. Entegris’s dividend payout ratio is currently 7.22%.

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About Entegris

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).

Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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