American International Group Inc. Has $2.75 Million Stake in Entegris, Inc. (ENTG)
American International Group Inc. lifted its stake in Entegris, Inc. (NASDAQ:ENTG) by 8.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 95,294 shares of the semiconductor company’s stock after buying an additional 7,126 shares during the period. American International Group Inc. owned approximately 0.07% of Entegris worth $2,749,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of ENTG. Eagle Asset Management Inc. boosted its position in shares of Entegris by 285.8% in the second quarter. Eagle Asset Management Inc. now owns 2,324,644 shares of the semiconductor company’s stock worth $51,025,000 after buying an additional 1,722,099 shares during the period. BlackRock Inc. boosted its position in shares of Entegris by 15.8% in the second quarter. BlackRock Inc. now owns 11,450,690 shares of the semiconductor company’s stock worth $251,344,000 after buying an additional 1,564,866 shares during the period. FMR LLC boosted its position in shares of Entegris by 54.8% in the second quarter. FMR LLC now owns 3,904,882 shares of the semiconductor company’s stock worth $85,712,000 after buying an additional 1,381,882 shares during the period. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Entegris in the third quarter worth about $23,700,000. Finally, Renaissance Technologies LLC boosted its position in shares of Entegris by 44.0% in the second quarter. Renaissance Technologies LLC now owns 1,338,990 shares of the semiconductor company’s stock worth $29,391,000 after buying an additional 409,200 shares during the period. 96.52% of the stock is owned by institutional investors.
In other Entegris news, COO Todd James Edlund sold 5,954 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $32.32, for a total transaction of $192,433.28. Following the sale, the chief operating officer now owns 143,774 shares in the company, valued at $4,646,775.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Corey Rucci sold 3,528 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $32.68, for a total value of $115,295.04. Following the sale, the vice president now owns 22,436 shares in the company, valued at approximately $733,208.48. The disclosure for this sale can be found here. Insiders have sold 13,296 shares of company stock worth $425,962 in the last 90 days. 1.50% of the stock is currently owned by insiders.
Entegris, Inc. (NASDAQ:ENTG) opened at $29.50 on Friday. The company has a quick ratio of 2.43, a current ratio of 3.14 and a debt-to-equity ratio of 0.40. Entegris, Inc. has a one year low of $17.65 and a one year high of $33.05. The company has a market capitalization of $4,300.00, a PE ratio of 22.95, a P/E/G ratio of 1.89 and a beta of 1.52.
Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.40 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.06. Entegris had a return on equity of 18.82% and a net margin of 10.73%. The firm had revenue of $345.60 million for the quarter, compared to analysts’ expectations of $334.30 million. During the same quarter in the prior year, the firm posted $0.24 earnings per share. Entegris’s revenue for the quarter was up 16.5% compared to the same quarter last year. analysts forecast that Entegris, Inc. will post 1.37 EPS for the current year.
The company also recently disclosed a special dividend, which was paid on Wednesday, November 22nd. Shareholders of record on Wednesday, November 1st were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, October 31st. Entegris’s payout ratio is currently 7.22%.
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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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