Infrastructure Capital Advisors LLC acquired a new stake in MKS Inc. (NASDAQ:MKSI – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,014 shares of the scientific and technical instruments company’s stock, valued at approximately $896,000.
Several other institutional investors and hedge funds also recently made changes to their positions in MKSI. Dorsey Wright & Associates bought a new position in MKS during the first quarter worth about $1,329,000. Fifth Third Bancorp boosted its stake in MKS by 3,011.9% during the 1st quarter. Fifth Third Bancorp now owns 19,294 shares of the scientific and technical instruments company’s stock worth $4,434,000 after acquiring an additional 18,674 shares during the last quarter. California Public Employees Retirement System boosted its stake in MKS by 7.8% during the 1st 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 acquiring an additional 8,904 shares during the last quarter. Renaissance Technologies LLC acquired a new position in MKS during the first quarter valued at approximately $23,809,000. Finally, Anson Funds Management LP acquired a new position in MKS during the first quarter valued at approximately $3,792,000. Institutional investors own 99.79% of the company’s stock.
Wall Street Analysts Forecast Growth
MKSI has been the topic of several analyst reports. Needham & Company LLC increased their target price on shares of MKS from $360.00 to $390.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. KeyCorp upped their price objective on shares of MKS from $360.00 to $475.00 and gave the company an “overweight” rating in a research report on Monday, June 29th. Deutsche Bank Aktiengesellschaft set a $360.00 price objective on MKS in a research note on Friday, July 31st. Weiss Ratings raised MKS from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Finally, Bank of America boosted their target price on MKS from $380.00 to $500.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, MKS currently has a consensus rating of “Moderate Buy” and an average price target of $385.00.
Insider Activity at MKS
In related news, Director Gerald G. Colella sold 20,000 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $333.40, for a total value of $6,668,000.00. Following the completion of the transaction, the director owned 20,017 shares of the company’s stock, valued at approximately $6,673,667.80. This trade represents a 49.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Michelle M. Mccarthy sold 2,434 shares of MKS stock in a transaction on Friday, June 5th. The shares were sold at an average price of $315.23, for a total transaction of $767,269.82. Following the completion of the sale, the chief accounting officer owned 2 shares in the company, valued at $630.46. The trade was a 99.92% decrease in their ownership of the stock. 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 sold 37,491 shares of company stock worth $12,102,072. 0.57% of the stock is currently owned by corporate insiders.
MKS Price Performance
Shares of NASDAQ MKSI opened at $279.11 on Monday. The company has a fifty day moving average price of $341.95 and a 200 day moving average price of $294.68. MKS Inc. has a 1-year low of $97.50 and a 1-year high of $447.62. The firm has a market cap of $18.87 billion, a PE ratio of 44.52, a PEG ratio of 0.59 and a beta of 1.98. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.85.
MKS (NASDAQ:MKSI – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 EPS for the quarter, beating analysts’ consensus estimates of $2.91 by $0.39. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates 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 previous year, the company posted $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 12.96 earnings per share for the current fiscal year.
MKS Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Tuesday, August 25th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, August 25th. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. MKS’s dividend payout ratio is 15.95%.
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.
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