Weber Alan W continued to hold its stake in shares of MKS Instruments, Inc. (NASDAQ:MKSI) during the second quarter, according to its most recent filing with the SEC. The firm owned 4,393 shares of the scientific and technical instruments company’s stock at the end of the second quarter. Weber Alan W’s holdings in MKS Instruments were worth $296,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of MKSI. Sawgrass Asset Management LLC boosted its stake in shares of MKS Instruments by 16.6% in the first quarter. Sawgrass Asset Management LLC now owns 16,410 shares of the scientific and technical instruments company’s stock valued at $1,128,000 after buying an additional 2,340 shares in the last quarter. First Mercantile Trust Co. boosted its stake in shares of MKS Instruments by 29.2% in the first quarter. First Mercantile Trust Co. now owns 6,374 shares of the scientific and technical instruments company’s stock valued at $438,000 after buying an additional 1,439 shares in the last quarter. Sit Investment Associates Inc. boosted its stake in shares of MKS Instruments by 87.1% in the first quarter. Sit Investment Associates Inc. now owns 29,850 shares of the scientific and technical instruments company’s stock valued at $2,052,000 after buying an additional 13,900 shares in the last quarter. Fisher Asset Management LLC boosted its stake in shares of MKS Instruments by 2.2% in the first quarter. Fisher Asset Management LLC now owns 737,664 shares of the scientific and technical instruments company’s stock valued at $50,714,000 after buying an additional 15,968 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its stake in shares of MKS Instruments by 2.4% in the first quarter. State of Alaska Department of Revenue now owns 5,970 shares of the scientific and technical instruments company’s stock valued at $410,000 after buying an additional 140 shares in the last quarter. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Shares of MKS Instruments, Inc. (NASDAQ:MKSI) opened at 77.20 on Friday. MKS Instruments, Inc. has a 12 month low of $45.85 and a 12 month high of $88.40. The stock’s 50 day moving average is $76.54 and its 200 day moving average is $73.16. The firm has a market cap of $4.19 billion, a PE ratio of 16.04 and a beta of 1.07.

MKS Instruments (NASDAQ:MKSI) last released its quarterly earnings data on Tuesday, July 25th. The scientific and technical instruments company reported $1.41 earnings per share for the quarter, meeting the consensus estimate of $1.41. The business had revenue of $481 million for the quarter, compared to analyst estimates of $463.86 million. MKS Instruments had a return on equity of 19.47% and a net margin of 15.47%. The company’s revenue was up 47.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.72 EPS. On average, analysts anticipate that MKS Instruments, Inc. will post $5.42 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Monday, August 28th will be paid a $0.175 dividend. This represents a $0.70 annualized dividend and a dividend yield of 0.91%. The ex-dividend date is Thursday, August 24th. MKS Instruments’s dividend payout ratio is currently 14.58%.

ILLEGAL ACTIVITY WARNING: “MKS Instruments, Inc. (MKSI) Position Maintained by Weber Alan W” was first published by Daily Political and is the property of of Daily Political. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The correct version of this article can be read at https://www.dailypolitical.com/2017/08/11/mks-instruments-inc-mksi-position-maintained-by-weber-alan-w.html.

Several analysts have recently issued reports on the stock. Stifel Nicolaus reissued a “buy” rating and set a $98.00 price target (up previously from $90.00) on shares of MKS Instruments in a research report on Thursday, July 27th. ValuEngine raised shares of MKS Instruments from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Dougherty & Co reissued a “buy” rating and set a $100.00 price target (up previously from $86.00) on shares of MKS Instruments in a research report on Friday, April 28th. BidaskClub raised shares of MKS Instruments from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, July 18th. Finally, Zacks Investment Research raised shares of MKS Instruments from a “hold” rating to a “buy” rating and set a $79.00 price target on the stock in a research report on Friday, April 21st. Seven equities research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average price target of $84.00.

In other news, VP Brian Charles Quirk sold 2,000 shares of MKS Instruments stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $79.30, for a total value of $158,600.00. Following the transaction, the vice president now directly owns 15,785 shares of the company’s stock, valued at approximately $1,251,750.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Peter Hanley sold 1,000 shares of MKS Instruments stock in a transaction dated Friday, July 28th. The shares were sold at an average price of $83.22, for a total value of $83,220.00. Following the completion of the transaction, the director now directly owns 3,372 shares in the company, valued at $280,617.84. The disclosure for this sale can be found here. Insiders sold a total of 7,250 shares of company stock worth $580,690 over the last ninety days. Corporate insiders own 1.65% of the company’s stock.

About MKS Instruments

MKS Instruments, Inc is a global provider of instruments, subsystems and process control solutions that measures, controls, powers, delivers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates through two segments, including the Vacuum & Analysis segment and the Light & Motion segment.

Want to see what other hedge funds are holding MKSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MKS Instruments, Inc. (NASDAQ:MKSI).

Institutional Ownership by Quarter for MKS Instruments (NASDAQ:MKSI)

Receive News & Ratings for MKS Instruments Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MKS Instruments Inc. and related companies with MarketBeat.com's FREE daily email newsletter.