Pinnbrook Capital Management LP Purchases Shares of 12,700 MKS Inc. $MKSI

Pinnbrook Capital Management LP purchased a new stake in MKS Inc. (NASDAQ:MKSI) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 12,700 shares of the scientific and technical instruments company’s stock, valued at approximately $5,649,000.

A number of other institutional investors and hedge funds have also modified their holdings of MKSI. Dorsey Wright & Associates bought a new stake in MKS during the first quarter valued at about $1,329,000. Fifth Third Bancorp grew its position in shares of MKS by 3,011.9% in the first quarter. Fifth Third Bancorp now owns 19,294 shares of the scientific and technical instruments company’s stock valued at $4,434,000 after purchasing an additional 18,674 shares during the last quarter. California Public Employees Retirement System increased its stake in shares of MKS by 7.8% in the first quarter. California Public Employees Retirement System now owns 123,288 shares of the scientific and technical instruments company’s stock worth $28,333,000 after purchasing an additional 8,904 shares during the period. Renaissance Technologies LLC bought a new position in shares of MKS in the first quarter worth about $23,809,000. Finally, Anson Funds Management LP acquired a new position in shares of MKS during the 1st quarter worth about $3,792,000. 99.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

MKSI has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft set a $360.00 target price on MKS in a research note on Friday, July 31st. TD Cowen reaffirmed a “buy” rating on shares of MKS in a research report on Thursday, May 7th. Citigroup upped their price target on MKS from $425.00 to $430.00 and gave the stock a “buy” rating in a report on Friday, August 7th. KeyCorp increased their price objective on MKS from $360.00 to $475.00 and gave the company an “overweight” rating in a research report on Monday, June 29th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $600.00 price objective on shares of MKS in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $385.00.

MKS Trading Down 1.0%

Shares of MKSI opened at $279.11 on Friday. The stock’s 50-day moving average price is $341.95 and its 200 day moving average price is $294.25. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.85. The firm has a market capitalization of $18.87 billion, a price-to-earnings ratio of 44.52, a P/E/G 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.

MKS (NASDAQ:MKSI) last announced its quarterly earnings data 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. 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 the consensus estimate of $1.20 billion. During the same quarter last year, the company earned $1.77 EPS. The company’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. As a group, research analysts predict that MKS Inc. will post 12.96 earnings per share for the current year.

MKS Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Tuesday, August 25th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, August 25th. MKS’s dividend payout ratio (DPR) is 15.95%.

Insider Transactions at MKS

In other MKS news, Director Joseph B. Donahue sold 2,100 shares of MKS stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $327.95, for a total transaction of $688,695.00. Following the sale, the director owned 10,033 shares in the company, valued at $3,290,322.35. The trade was a 17.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Gerald G. Colella sold 20,000 shares of MKS stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $333.40, for a total transaction of $6,668,000.00. Following the sale, the director owned 20,017 shares in the company, valued at $6,673,667.80. This represents a 49.98% 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 37,491 shares of company stock valued at $12,102,072 over the last 90 days. Corporate insiders own 0.57% of the company’s stock.

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.