JPMorgan Chase & Co. Increases MKS (NASDAQ:MKSI) Price Target to $365.00

MKS (NASDAQ:MKSI) had its price target boosted by investment analysts at JPMorgan Chase & Co. from $305.00 to $365.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the scientific and technical instruments company’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 15.71% from the company’s previous close.

Several other equities research analysts have also recently weighed in on MKSI. Zacks Research raised shares of MKS from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 23rd. Bank of America boosted their target price on shares of MKS from $215.00 to $255.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. TD Cowen reaffirmed a “buy” rating on shares of MKS in a report on Thursday. KeyCorp lifted their price objective on shares of MKS from $310.00 to $360.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Cantor Fitzgerald boosted their price objective on shares of MKS from $300.00 to $400.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $312.23.

MKS Price Performance

NASDAQ:MKSI traded up $14.65 during trading hours on Friday, reaching $315.44. 1,201,834 shares of the company were exchanged, compared to its average volume of 1,411,069. The business has a 50 day moving average of $249.12 and a 200 day moving average of $205.60. MKS has a 1-year low of $78.62 and a 1-year high of $326.83. The company has a debt-to-equity ratio of 1.53, a current ratio of 2.71 and a quick ratio of 1.71. The company has a market capitalization of $21.24 billion, a P/E ratio of 66.11, a P/E/G ratio of 1.57 and a beta of 1.98.

MKS (NASDAQ:MKSI) last released its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $2.30 earnings per share for the quarter, beating analysts’ consensus estimates of $2.00 by $0.30. The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.05 billion. MKS had a return on equity of 21.88% and a net margin of 8.06%.The company’s revenue was up 15.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.71 EPS. MKS has set its Q2 2026 guidance at 2.600-3.200 EPS. Research analysts forecast that MKS will post 9.89 EPS for the current year.

Insider Activity at MKS

In other news, EVP John Edward Williams sold 2,043 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $256.41, for a total value of $523,845.63. Following the completion of the transaction, the executive vice president directly owned 3,640 shares in the company, valued at approximately $933,332.40. This represents a 35.95% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Kathleen Flaherty Burke sold 4,254 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $250.00, for a total value of $1,063,500.00. Following the sale, the executive vice president directly owned 53,794 shares in the company, valued at approximately $13,448,500. This trade represents a 7.33% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 68,503 shares of company stock valued at $17,288,099. 0.57% of the stock is owned by company insiders.

Institutional Trading of MKS

Hedge funds and other institutional investors have recently made changes to their positions in the company. Norges Bank acquired a new position in shares of MKS in the fourth quarter valued at approximately $147,453,000. Southpoint Capital Advisors LP acquired a new stake in MKS during the 4th quarter worth approximately $95,880,000. Westfield Capital Management Co. LP boosted its position in MKS by 159.7% during the 4th quarter. Westfield Capital Management Co. LP now owns 839,773 shares of the scientific and technical instruments company’s stock worth $134,196,000 after buying an additional 516,409 shares during the period. Millennium Management LLC grew its holdings in MKS by 9,165.9% during the 3rd quarter. Millennium Management LLC now owns 446,248 shares of the scientific and technical instruments company’s stock worth $55,232,000 after acquiring an additional 441,432 shares during the last quarter. Finally, Rafferty Asset Management LLC increased its position in MKS by 63.4% in the 2nd quarter. Rafferty Asset Management LLC now owns 878,114 shares of the scientific and technical instruments company’s stock valued at $87,249,000 after acquiring an additional 340,645 shares during the period. 99.79% of the stock is currently owned by institutional investors.

About MKS

MKS Instruments, Inc (NASDAQ: MKSI) designs, manufactures and markets technology solutions that enable advanced processes in a variety of high‐technology and industrial markets. The company’s core offerings include vacuum and gas delivery systems, pressure and flow measurement instruments, optical metrology tools, photonics subsystems and critical components for manufacturing processes. These products support the precise control and monitoring needs of semiconductor, industrial manufacturing, life and health sciences, and research applications.

The company’s product portfolio features mass flow controllers, pressure transducers, vacuum gauges, gas purity monitors, laser-based metrology systems and photonic devices such as lasers and detectors.