OP Asset Management Ltd Buys Shares of 2,828 MKS Inc. $MKSI

OP Asset Management Ltd purchased a new position in shares of MKS Inc. (NASDAQ:MKSI) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,828 shares of the scientific and technical instruments company’s stock, valued at approximately $650,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. USA Financial Formulas acquired a new stake in MKS in the 4th quarter valued at about $26,000. Global Retirement Partners LLC raised its position in MKS by 560.0% during the fourth quarter. Global Retirement Partners LLC now owns 165 shares of the scientific and technical instruments company’s stock worth $26,000 after acquiring an additional 140 shares during the last quarter. IFP Advisors Inc raised its position in MKS by 616.7% during the fourth quarter. IFP Advisors Inc now owns 172 shares of the scientific and technical instruments company’s stock worth $27,000 after acquiring an additional 148 shares during the last quarter. Danske Bank A S purchased a new stake in shares of MKS in the third quarter valued at about $37,000. Finally, CIBC Private Wealth Group LLC lifted its holdings in shares of MKS by 55.2% in the fourth quarter. CIBC Private Wealth Group LLC now owns 256 shares of the scientific and technical instruments company’s stock valued at $41,000 after purchasing an additional 91 shares in the last quarter. 99.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at MKS

In other news, CAO Michelle M. Mccarthy sold 2,434 shares of MKS 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 owned 2 shares of the company’s stock, valued at $630.46. The trade was a 99.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David Philip Henry sold 2,500 shares of MKS stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $330.50, for a total value of $826,250.00. Following the completion of the sale, the executive vice president directly owned 16,341 shares of the company’s stock, valued at approximately $5,400,700.50. This represents a 13.27% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 53,949 shares of company stock valued at $17,446,108. 0.57% of the stock is currently owned by insiders.

MKS Stock Performance

NASDAQ:MKSI opened at $445.50 on Wednesday. The firm has a 50 day simple moving average of $329.19 and a 200-day simple moving average of $257.85. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.11 and a quick ratio of 0.70. The firm has a market cap of $30.09 billion, a PE ratio of 93.20, a P/E/G ratio of 1.19 and a beta of 1.99. MKS Inc. has a 1-year low of $88.49 and a 1-year high of $447.62.

MKS (NASDAQ:MKSI) last announced its quarterly earnings data on Wednesday, May 6th. The scientific and technical instruments company reported $2.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.00 by $0.30. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.05 billion. MKS had a net margin of 8.06% and a return on equity of 21.49%. The company’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.71 earnings per share. MKS has set its Q2 2026 guidance at 2.600-3.200 EPS. On average, equities analysts expect that MKS Inc. will post 11.73 EPS for the current year.

MKS Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Wednesday, June 3rd were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, June 3rd. MKS’s dividend payout ratio is currently 20.92%.

Wall Street Analyst Weigh In

Several analysts have recently commented on MKSI shares. Bank of America increased their price target 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. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $265.00 target price on shares of MKS in a research note on Thursday, May 7th. Morgan Stanley increased their target price on MKS from $354.00 to $374.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Cantor Fitzgerald raised their price target on MKS from $400.00 to $600.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, KeyCorp boosted their price target on MKS from $360.00 to $475.00 and gave the stock an “overweight” rating in a report on Monday. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $374.07.

MKS Company 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.