VIRGINIA RETIREMENT SYSTEMS ET Al lifted its position in MKS Inc. (NASDAQ:MKSI – Free Report) by 21.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,800 shares of the scientific and technical instruments company’s stock after acquiring an additional 4,900 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in MKS were worth $7,377,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Keating Financial Advisory Services Inc. acquired a new stake in MKS during the 2nd quarter worth about $25,000. Allied Private Wealth LLC acquired a new position in shares of MKS in the second quarter valued at about $33,000. Clearstead Trust LLC acquired a new position in shares of MKS in the second quarter valued at about $36,000. Ancora Advisors LLC acquired a new position in shares of MKS in the second quarter valued at about $36,000. Finally, Carolina Wealth Advisors LLC raised its stake in shares of MKS by 47.5% in the second quarter. Carolina Wealth Advisors LLC now owns 87 shares of the scientific and technical instruments company’s stock worth $39,000 after purchasing an additional 28 shares during the last quarter. Hedge funds and other institutional investors own 99.79% of the company’s stock.
Insider Buying and Selling
In related news, EVP John Williams sold 457 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $288.31, for a total transaction of $131,757.67. Following the sale, the executive vice president owned 4,098 shares in the company, valued at approximately $1,181,494.38. This trade represents a 10.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Elizabeth Mora sold 300 shares of MKS stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $250.96, for a total transaction of $75,288.00. Following the completion of the transaction, the director directly owned 18,845 shares of the company’s stock, valued at $4,729,341.20. The trade was a 1.57% 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. Over the last three months, insiders have sold 10,757 shares of company stock valued at $3,227,146. Corporate insiders own 0.57% of the company’s stock.
Wall Street Analyst Weigh In
MKSI has been the subject of a number of research reports. Mizuho decreased their target price on MKS from $360.00 to $330.00 and set an “outperform” rating for the company in a report on Tuesday, August 25th. Wells Fargo & Company upped their target price on MKS from $300.00 to $325.00 and gave the company an “equal weight” rating in a research report on Friday, August 7th. Needham & Company LLC increased their price target on shares of MKS from $360.00 to $390.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Wall Street Zen raised shares of MKS from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Finally, Deutsche Bank Aktiengesellschaft set a $360.00 price target on shares of MKS in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $374.86.
View Our Latest Research Report on MKS
MKS Price Performance
Shares of MKSI opened at $202.04 on Friday. The business’s 50-day moving average is $248.05 and its two-hundred day moving average is $277.20. The company has a market capitalization of $13.66 billion, a P/E ratio of 32.22, a P/E/G ratio of 0.42 and a beta of 2.03. MKS Inc. has a fifty-two week low of $134.74 and a fifty-two week high of $447.62. 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 (NASDAQ:MKSI – Get Free Report) last issued its earnings results on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 EPS for the quarter, topping analysts’ consensus estimates of $2.91 by $0.39. The firm 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 revenue was up 28.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.77 earnings per share. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. Research analysts predict that MKS Inc. will post 13.14 earnings per share for the current year.
MKS Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Tuesday, August 25th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, August 25th. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. MKS’s dividend payout ratio is 15.95%.
MKS Profile
MKS Instruments, Inc (NASDAQ: MKSI) develops technologies that enable precision control and measurement in manufacturing and research environments. The company provides instruments, components, systems and process-control solutions used to measure and control pressure, flow, vacuum, gas delivery, temperature and other critical production conditions.
Its product portfolio includes vacuum solutions, pressure and flow-control instruments, gas and vapor delivery systems, plasma and reactive-gas technologies, power delivery systems, process-monitoring equipment, analytical instruments and materials-characterization tools.
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