Wealth High Governance Capital Ltda acquired a new position in MKS Inc. (NASDAQ:MKSI – Free Report) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 27,600 shares of the scientific and technical instruments company’s stock, valued at approximately $12,276,000. MKS comprises 3.7% of Wealth High Governance Capital Ltda’s holdings, making the stock its 12th biggest holding.
Other institutional investors have also recently made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of MKS by 3.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 267,421 shares of the scientific and technical instruments company’s stock valued at $21,434,000 after buying an additional 9,170 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in MKS by 63.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 838 shares of the scientific and technical instruments company’s stock valued at $83,000 after acquiring an additional 325 shares during the last quarter. First Trust Advisors LP lifted its stake in MKS by 3,545.6% in the 2nd quarter. First Trust Advisors LP now owns 141,267 shares of the scientific and technical instruments company’s stock worth $14,036,000 after purchasing an additional 137,392 shares in the last quarter. Cerity Partners LLC purchased a new stake in MKS in the 2nd quarter worth $1,676,000. Finally, AXA S.A. boosted its holdings in shares of MKS by 22.8% during the 2nd quarter. AXA S.A. now owns 29,253 shares of the scientific and technical instruments company’s stock valued at $2,907,000 after purchasing an additional 5,430 shares during the last quarter. Hedge funds and other institutional investors own 99.79% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have weighed in on MKSI. The Goldman Sachs Group restated a “sell” rating and set a $265.00 price target on shares of MKS in a report on Thursday, May 7th. Wells Fargo & Company upped their price objective on MKS from $300.00 to $325.00 and gave the stock an “equal weight” rating in a report on Friday, August 7th. Wall Street Zen upgraded MKS from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Mizuho set a $360.00 target price on shares of MKS in a report on Thursday, August 6th. Finally, Needham & Company LLC raised their target price on shares of MKS from $360.00 to $390.00 and gave the company a “buy” rating in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, MKS presently has a consensus rating of “Moderate Buy” and a consensus target price of $385.00.
Insider Activity at MKS
In related news, CAO Michelle M. Mccarthy sold 2,434 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $315.23, for a total value of $767,269.82. Following the completion of the sale, the chief accounting officer directly owned 2 shares in the company, valued at $630.46. This trade represents a 99.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph B. Donahue sold 2,100 shares of MKS stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $327.95, for a total transaction of $688,695.00. Following the transaction, the director directly owned 10,033 shares of the company’s stock, valued at $3,290,322.35. The trade was a 17.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 37,491 shares of company stock worth $12,102,072 in the last ninety days. Corporate insiders own 0.57% of the company’s stock.
MKS Price Performance
Shares of NASDAQ:MKSI opened at $279.11 on Monday. The company has a market cap of $18.87 billion, a price-to-earnings ratio of 44.52, a PEG ratio of 0.59 and a beta of 1.98. MKS Inc. has a 12 month low of $97.50 and a 12 month high of $447.62. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.85. The company has a 50-day moving average price of $341.95 and a 200 day moving average price of $294.68.
MKS (NASDAQ:MKSI – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.91 by $0.39. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.20 billion. MKS had a return on equity of 24.72% and a net margin of 10.15%.The company’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.77 earnings per share. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. As a group, equities research analysts predict that MKS Inc. will post 12.96 earnings per share for the current year.
MKS Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Tuesday, August 25th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.4%. The ex-dividend date is Tuesday, August 25th. MKS’s dividend payout ratio is presently 15.95%.
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.
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