MKS Instruments Inc. (NASDAQ:MKSI) was up 2% on Wednesday . The company traded as high as $46.86 and last traded at $46.75, with a volume of 366,818 shares changing hands. The stock had previously closed at $45.83.

A number of equities research analysts have weighed in on MKSI shares. Dougherty & Co raised their target price on MKS Instruments from $42.00 to $45.00 and gave the company a “buy” rating in a report on Monday, May 2nd. Stifel Nicolaus raised their target price on MKS Instruments from $43.00 to $49.00 and gave the company a “buy” rating in a report on Thursday, May 12th. Pacific Crest reaffirmed a “buy” rating on shares of MKS Instruments in a report on Monday. Finally, Zacks Investment Research raised MKS Instruments from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a report on Tuesday, June 28th.

The stock has a market capitalization of $2.49 billion and a P/E ratio of 23.57. The company’s 50-day moving average price is $41.87 and its 200 day moving average price is $36.97.

MKS Instruments (NASDAQ:MKSI) last posted its quarterly earnings results on Monday, April 25th. The company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.05. During the same period last year, the firm posted $0.66 EPS. The company earned $184 million during the quarter, compared to the consensus estimate of $177.19 million. The company’s revenue for the quarter was down 14.1% compared to the same quarter last year. On average, equities analysts predict that MKS Instruments Inc. will post $2.29 earnings per share for the current fiscal year.

In other MKS Instruments news, Director Peter Hanley sold 2,000 shares of the business’s stock in a transaction on Friday, June 10th. The shares were sold at an average price of $41.29, for a total transaction of $82,580.00. Following the sale, the director now owns 4,492 shares of the company’s stock, valued at approximately $185,474.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert R. Anderson bought 3,500 shares of the stock in a transaction on Thursday, May 5th. The shares were acquired at an average cost of $35.94 per share, for a total transaction of $125,790.00. Following the acquisition, the director now directly owns 22,628 shares in the company, valued at $813,250.32. The disclosure for this purchase can be found here.

Other large investors have modified their holdings of the company. US Bancorp DE boosted its stake in shares of MKS Instruments by 2.2% in the fourth quarter. US Bancorp DE now owns 33,253 shares of the company’s stock worth $1,197,000 after buying an additional 705 shares during the last quarter. California State Teachers Retirement System boosted its stake in shares of MKS Instruments by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 98,927 shares of the company’s stock worth $3,561,000 after buying an additional 1,550 shares during the last quarter. State of Wisconsin Investment Board boosted its stake in shares of MKS Instruments by 0.9% in the fourth quarter. State of Wisconsin Investment Board now owns 225,972 shares of the company’s stock worth $8,135,000 after buying an additional 2,062 shares during the last quarter. Rhumbline Advisers boosted its stake in shares of MKS Instruments by 3.4% in the fourth quarter. Rhumbline Advisers now owns 91,618 shares of the company’s stock worth $3,298,000 after buying an additional 3,035 shares during the last quarter. Finally, Mutual of America Capital Management LLC boosted its stake in shares of MKS Instruments by 14.0% in the fourth quarter. Mutual of America Capital Management LLC now owns 93,237 shares of the company’s stock worth $3,357,000 after buying an additional 11,416 shares during the last quarter.

MKS Instruments, Inc (MKS) is a provider of instruments, subsystems and process control solutions that measures, controls, powers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates in four segments: Advanced Manufacturing Capital Equipment; Analytical Solutions Group; Europe Region Sales & Service, and Asia Region Sales & Service.

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