Wealth Enhancement Advisory Services LLC lessened its stake in shares of MKS Inc. (NASDAQ:MKSI – Free Report) by 54.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 9,165 shares of the scientific and technical instruments company’s stock after selling 11,045 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in MKS were worth $1,181,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Geode Capital Management LLC increased its holdings in MKS by 2.9% in the 2nd quarter. Geode Capital Management LLC now owns 1,258,108 shares of the scientific and technical instruments company’s stock valued at $125,025,000 after purchasing an additional 35,065 shares during the last quarter. Cooke & Bieler LP boosted its position in shares of MKS by 18.1% during the second quarter. Cooke & Bieler LP now owns 1,227,185 shares of the scientific and technical instruments company’s stock worth $121,933,000 after buying an additional 188,240 shares during the period. Channing Capital Management LLC grew its stake in shares of MKS by 79.3% in the second quarter. Channing Capital Management LLC now owns 991,298 shares of the scientific and technical instruments company’s stock valued at $98,495,000 after buying an additional 438,338 shares in the last quarter. Bank of America Corp DE grew its stake in shares of MKS by 44.2% in the second quarter. Bank of America Corp DE now owns 982,643 shares of the scientific and technical instruments company’s stock valued at $97,635,000 after buying an additional 301,223 shares in the last quarter. Finally, Frontier Capital Management Co. LLC raised its holdings in shares of MKS by 146.4% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 912,380 shares of the scientific and technical instruments company’s stock valued at $90,654,000 after buying an additional 542,094 shares during the period. 99.79% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
MKSI has been the subject of a number of research analyst reports. Citigroup raised their target price on MKS from $122.00 to $185.00 and gave the company a “buy” rating in a report on Wednesday, November 12th. Bank of America raised their price objective on shares of MKS from $215.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Wells Fargo & Company upped their target price on shares of MKS from $175.00 to $210.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 22nd. Cantor Fitzgerald raised their price target on shares of MKS from $200.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, January 20th. Finally, TD Cowen upped their price objective on MKS from $200.00 to $230.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $231.50.
Insiders Place Their Bets
In other MKS news, Director Elizabeth Mora sold 300 shares of MKS stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $158.81, for a total transaction of $47,643.00. Following the completion of the sale, the director directly owned 18,963 shares of the company’s stock, valued at $3,011,514.03. The trade was a 1.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.51% of the stock is currently owned by corporate insiders.
MKS Trading Down 3.5%
NASDAQ MKSI opened at $235.41 on Monday. MKS Inc. has a 52 week low of $54.84 and a 52 week high of $246.35. The firm has a 50 day moving average of $178.46 and a two-hundred day moving average of $141.15. The company has a quick ratio of 1.81, a current ratio of 2.86 and a debt-to-equity ratio of 1.64. The stock has a market capitalization of $15.81 billion, a PE ratio of 57.14, a price-to-earnings-growth ratio of 1.64 and a beta of 1.94.
MKS (NASDAQ:MKSI – Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The scientific and technical instruments company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.13. The business had revenue of $988.00 million for the quarter, compared to analyst estimates of $963.87 million. MKS had a net margin of 7.25% and a return on equity of 20.80%. The company’s revenue was up 10.3% on a year-over-year basis. During the same period last year, the business earned $1.72 EPS. MKS has set its Q4 2025 guidance at 1.930-2.610 EPS. As a group, research analysts expect that MKS Inc. will post 6.94 EPS for the current fiscal year.
About MKS
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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