Mutual of America Capital Management LLC Invests $3.01 Million in Entegris Inc (ENTG) Stock

Mutual of America Capital Management LLC purchased a new stake in shares of Entegris Inc (NASDAQ:ENTG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 98,952 shares of the semiconductor company’s stock, valued at approximately $3,013,000.

A number of other hedge funds also recently made changes to their positions in ENTG. CAPROCK Group Inc. purchased a new stake in shares of Entegris in the fourth quarter valued at approximately $220,000. Wolverine Trading LLC increased its position in shares of Entegris by 149.6% in the third quarter. Wolverine Trading LLC now owns 6,989 shares of the semiconductor company’s stock valued at $202,000 after buying an additional 21,089 shares in the last quarter. Reliance Trust Co. of Delaware purchased a new stake in shares of Entegris in the third quarter valued at approximately $208,000. Barings LLC purchased a new stake in shares of Entegris in the third quarter valued at approximately $225,000. Finally, Welch & Forbes LLC purchased a new stake in shares of Entegris in the third quarter valued at approximately $236,000. Institutional investors own 96.02% of the company’s stock.

A number of research firms have recently commented on ENTG. Needham & Company LLC restated a “buy” rating and issued a $37.00 price objective (up from $35.00) on shares of Entegris in a research report on Wednesday. Dougherty & Co boosted their price objective on Entegris from $36.00 to $37.50 and gave the company a “buy” rating in a research report on Wednesday. ValuEngine upgraded Entegris from a “hold” rating to a “buy” rating in a research report on Thursday. Zacks Investment Research upgraded Entegris from a “sell” rating to a “hold” rating in a research report on Thursday. Finally, Craig Hallum upgraded Entegris from a “hold” rating to a “buy” rating in a research report on Tuesday. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $32.86.

Shares of Entegris Inc (NASDAQ ENTG) opened at $30.80 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 3.14 and a quick ratio of 2.43. The stock has a market capitalization of $4,192.41, a P/E ratio of 52.20, a PEG ratio of 1.58 and a beta of 1.51. Entegris Inc has a 12 month low of $20.50 and a 12 month high of $35.35.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 21st. Stockholders of record on Wednesday, January 31st will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date is Tuesday, January 30th. Entegris’s dividend payout ratio is presently 23.73%.

In other Entegris news, Director Paul L. H. Olson sold 3,000 shares of the business’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $30.21, for a total transaction of $90,630.00. Following the transaction, the director now owns 45,364 shares of the company’s stock, valued at $1,370,446.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael A. Bradley sold 5,000 shares of the business’s stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $30.00, for a total value of $150,000.00. Following the transaction, the director now directly owns 65,557 shares in the company, valued at approximately $1,966,710. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

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Entegris Company Profile

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).

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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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