Barings LLC maintained its stake in MKS Instruments, Inc. (NASDAQ:MKSI) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,300 shares of the scientific and technical instruments company’s stock at the end of the 2nd quarter. Barings LLC’s holdings in MKS Instruments were worth $502,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. LS Investment Advisors LLC lifted its holdings in shares of MKS Instruments by 0.5% during the 2nd quarter. LS Investment Advisors LLC now owns 4,236 shares of the scientific and technical instruments company’s stock worth $285,000 after acquiring an additional 19 shares during the period. Teacher Retirement System of Texas lifted its holdings in shares of MKS Instruments by 0.5% during the 2nd quarter. Teacher Retirement System of Texas now owns 4,273 shares of the scientific and technical instruments company’s stock worth $288,000 after acquiring an additional 21 shares during the period. World Asset Management Inc lifted its holdings in shares of MKS Instruments by 2.8% during the 2nd quarter. World Asset Management Inc now owns 3,538 shares of the scientific and technical instruments company’s stock worth $238,000 after acquiring an additional 95 shares during the period. Louisiana State Employees Retirement System lifted its holdings in shares of MKS Instruments by 0.5% during the 2nd quarter. Louisiana State Employees Retirement System now owns 22,000 shares of the scientific and technical instruments company’s stock worth $1,481,000 after acquiring an additional 100 shares during the period. Finally, Arizona State Retirement System lifted its holdings in shares of MKS Instruments by 0.4% during the 2nd quarter. Arizona State Retirement System now owns 28,176 shares of the scientific and technical instruments company’s stock worth $1,896,000 after acquiring an additional 100 shares during the period. 95.38% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have recently commented on MKSI shares. BidaskClub downgraded shares of MKS Instruments from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 5th. Deutsche Bank AG started coverage on shares of MKS Instruments in a report on Wednesday, July 5th. They set a “buy” rating and a $84.00 price objective for the company. Stifel Nicolaus reaffirmed a “buy” rating on shares of MKS Instruments in a report on Sunday, October 1st. Finally, KeyCorp reaffirmed an “outperform” rating and set a $100.00 price objective on shares of MKS Instruments in a report on Saturday, September 16th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $95.50.

MKS Instruments, Inc. (MKSI) opened at 98.75 on Tuesday. The company has a market capitalization of $5.36 billion, a P/E ratio of 20.51 and a beta of 1.13. The stock’s 50 day moving average is $89.51 and its 200-day moving average is $79.86. MKS Instruments, Inc. has a 12-month low of $46.51 and a 12-month high of $99.30.

MKS Instruments (NASDAQ:MKSI) last announced its earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $1.41 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.41. The company had revenue of $481.00 million during the quarter, compared to analysts’ expectations of $463.86 million. MKS Instruments had a net margin of 25.05% and a return on equity of 35.32%. MKS Instruments’s quarterly revenue was up 47.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.72 earnings per share. On average, equities analysts predict that MKS Instruments, Inc. will post $5.47 earnings per share for the current fiscal year.

In other news, CFO Seth H. Bagshaw sold 7,500 shares of the business’s stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $85.80, for a total value of $643,500.00. Following the completion of the sale, the chief financial officer now owns 21,615 shares of the company’s stock, valued at $1,854,567. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Peter Hanley sold 1,000 shares of the business’s stock in a transaction dated Friday, July 28th. The shares were sold at an average price of $83.22, for a total transaction of $83,220.00. Following the completion of the sale, the director now directly owns 3,372 shares of the company’s stock, valued at approximately $280,617.84. The disclosure for this sale can be found here. In the last three months, insiders sold 11,100 shares of company stock valued at $935,105. 1.65% of the stock is currently owned by company insiders.

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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.

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

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