Entegris Inc (ENTG) : Snyder Capital Management L P scooped up 10,193 additional shares in Entegris Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 3,245,633 shares of Entegris Inc which is valued at $55,273,130.Entegris Inc makes up approximately 3.45% of Snyder Capital Management L P’s portfolio.
Other Hedge Funds, Including , Alliancebernstein reduced its stake in ENTG by selling 750 shares or 0.35% in the most recent quarter. The Hedge Fund company now holds 213,111 shares of ENTG which is valued at $3,629,280. Nine Chapters Capital Management sold out all of its stake in ENTG during the most recent quarter. The investment firm sold 27,600 shares of ENTG which is valued $472,788.Barrow Hanley Mewhinney Strauss boosted its stake in ENTG in the latest quarter, The investment management firm added 134,744 additional shares and now holds a total of 434,836 shares of Entegris Inc which is valued at $7,366,122. Entegris Inc makes up approx 0.01% of Barrow Hanley Mewhinney Strauss’s portfolio.
Entegris Inc opened for trading at $17.09 and hit $17.58 on the upside on Tuesday, eventually ending the session at $17.57, with a gain of 2.75% or 0.47 points. The heightened volatility saw the trading volume jump to 7,77,263 shares. Company has a market cap of $2,481 M.
On the company’s financial health, Entegris Inc reported $0.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.20. The company had revenue of $303.05 million for the quarter, compared to analysts expectations of $278.93 million. The company’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.
Many Wall Street Analysts have commented on Entegris Inc. Entegris Inc was Downgraded by Dougherty & Company to ” Neutral” on Jul 28, 2016.
Entegris Inc. is a developer manufacturer and supplier of materials and solutions for manufacturing processes in the semiconductor and other high-technology industries. The Company designs manufactures and markets its products through two segments: Critical Materials Handling and Electronic Materials. In the Critical Materials Handling segment the Company offers a range of products that purify monitor and deliver critical liquids and gases to the semiconductor manufacturing process and similar manufacturing processes as well as microenvironment products. In the Electronic Materials segment the Company offers a range of materials and materials delivery systems to support the semiconductor manufacturing processes. The Companys products and materials are used to manufacture semiconductors micro-electromechanical systems (MEMS) flat panel displays light emitting diodes (LEDs) chemicals and critical components for aerospace glass manufacturing and biomedical applications.