TimesSquare Capital Management LLC Invests $128.30 Million in MKS Inc. $MKSI

TimesSquare Capital Management LLC purchased a new position in shares of MKS Inc. (NASDAQ:MKSI) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 288,450 shares of the scientific and technical instruments company’s stock, valued at approximately $128,303,000. MKS comprises about 1.9% of TimesSquare Capital Management LLC’s investment portfolio, making the stock its 8th largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MKSI. Global Retirement Partners LLC increased its stake in MKS by 560.0% during the 4th quarter. Global Retirement Partners LLC now owns 165 shares of the scientific and technical instruments company’s stock worth $26,000 after buying an additional 140 shares in the last quarter. IFP Advisors Inc lifted its position in shares of MKS by 616.7% in the fourth quarter. IFP Advisors Inc now owns 172 shares of the scientific and technical instruments company’s stock valued at $27,000 after acquiring an additional 148 shares in the last quarter. Allied Private Wealth LLC purchased a new position in shares of MKS in the second quarter valued at approximately $33,000. Clearstead Trust LLC acquired a new stake in shares of MKS in the second quarter worth approximately $36,000. Finally, Danske Bank A S acquired a new stake in shares of MKS in the third quarter worth approximately $37,000. 99.79% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other MKS news, CAO Michelle M. Mccarthy sold 2,434 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $315.23, for a total value of $767,269.82. Following the transaction, the chief accounting officer directly owned 2 shares in the company, valued at $630.46. The trade was a 99.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John Tseng-Chung Lee sold 10,000 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $302.01, for a total transaction of $3,020,100.00. Following the completion of the sale, the chief executive officer directly owned 134,776 shares of the company’s stock, valued at approximately $40,703,699.76. This trade represents a 6.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 56,301 shares of company stock valued at $18,036,251 in the last quarter. Insiders own 0.57% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on MKSI. Morgan Stanley increased their price objective on MKS from $374.00 to $442.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. KeyCorp lifted their target price on shares of MKS from $360.00 to $475.00 and gave the stock an “overweight” rating in a research note on Monday, June 29th. TD Cowen reaffirmed a “buy” rating on shares of MKS in a report on Thursday, May 7th. Bank of America increased their target price on shares of MKS from $380.00 to $500.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Finally, Wall Street Zen raised shares of MKS from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, MKS presently has an average rating of “Moderate Buy” and a consensus price target of $385.00.

MKS Stock Performance

Shares of MKS stock opened at $320.74 on Tuesday. The business’s 50 day moving average price is $345.86 and its 200 day moving average price is $293.31. The company has a market cap of $21.69 billion, a price-to-earnings ratio of 51.15, a PEG ratio of 0.66 and a beta of 1.98. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.72 and a current ratio of 1.14. MKS Inc. has a one year low of $97.30 and a one year high of $447.62.

MKS (NASDAQ:MKSI) last issued its earnings results on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.91 by $0.39. MKS had a return on equity of 24.72% and a net margin of 10.15%.The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the prior year, the business earned $1.77 EPS. The firm’s quarterly revenue was up 28.3% on a year-over-year basis. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. On average, research analysts predict that MKS Inc. will post 12.96 EPS for the current year.

MKS Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Tuesday, August 25th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, August 25th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.3%. MKS’s dividend payout ratio is currently 15.95%.

MKS Profile

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.