MKS (NASDAQ:MKSI) Price Target Raised to $360.00 at Needham & Company LLC

MKS (NASDAQ:MKSI) had its price target raised by Needham & Company LLC from $300.00 to $360.00 in a research note published on Thursday, Marketbeat.com reports. Needham & Company LLC currently has a buy rating on the scientific and technical instruments company’s stock.

Other equities research analysts also recently issued research reports about the company. TD Cowen raised their price target on MKS from $200.00 to $230.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Zacks Research upgraded shares of MKS from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of MKS in a report on Tuesday, April 21st. JPMorgan Chase & Co. increased their target price on shares of MKS from $265.00 to $305.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. Finally, Bank of America lifted their price target on MKS from $215.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $294.54.

MKS Stock Up 2.4%

MKS stock opened at $300.79 on Thursday. The company has a quick ratio of 1.71, a current ratio of 2.71 and a debt-to-equity ratio of 1.53. The firm has a market cap of $20.25 billion, a P/E ratio of 62.93, a P/E/G ratio of 1.57 and a beta of 1.98. The business has a fifty day moving average of $249.12 and a two-hundred day moving average of $205.60. MKS has a twelve month low of $73.21 and a twelve month high of $326.84.

MKS (NASDAQ:MKSI) last announced its earnings results 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. MKS had a return on equity of 21.88% and a net margin of 8.06%.The business had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter last year, the firm earned $1.71 EPS. The business’s revenue for the quarter was up 15.2% on a year-over-year basis. MKS has set its Q2 2026 guidance at 2.600-3.200 EPS. On average, analysts forecast that MKS will post 9.89 earnings per share for the current fiscal year.

MKS Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, February 23rd were issued a dividend of $0.25 per share. This is a boost from MKS’s previous quarterly dividend of $0.22. The ex-dividend date was Monday, February 23rd. This represents a $1.00 annualized dividend and a yield of 0.3%. MKS’s dividend payout ratio (DPR) is presently 22.88%.

Insiders Place Their Bets

In related news, CEO John Tseng-Chung Lee sold 30,000 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $256.77, for a total value of $7,703,100.00. Following the completion of the sale, the chief executive officer owned 154,696 shares in the company, valued at $39,721,291.92. This represents a 16.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Eric Robert Taranto sold 4,568 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $220.52, for a total transaction of $1,007,335.36. Following the transaction, the executive vice president owned 15,445 shares of the company’s stock, valued at approximately $3,405,931.40. The trade was a 22.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 68,503 shares of company stock worth $17,288,099. 0.57% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On MKS

Large investors have recently made changes to their positions in the stock. Penserra Capital Management LLC increased its holdings in shares of MKS by 43.4% in the 3rd quarter. Penserra Capital Management LLC now owns 295,963 shares of the scientific and technical instruments company’s stock valued at $36,631,000 after purchasing an additional 89,502 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new position in shares of MKS in the 3rd quarter valued at about $1,020,000. Oliver Luxxe Assets LLC acquired a new stake in MKS in the 4th quarter valued at about $3,618,000. Mitsubishi UFJ Trust & Banking Corp grew its stake in MKS by 553.5% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 7,371 shares of the scientific and technical instruments company’s stock valued at $912,000 after acquiring an additional 6,243 shares during the last quarter. Finally, Mizuho Markets Americas LLC grew its stake in MKS by 2.3% in the 3rd quarter. Mizuho Markets Americas LLC now owns 304,831 shares of the scientific and technical instruments company’s stock valued at $37,729,000 after acquiring an additional 6,725 shares during the last quarter. Hedge funds and other institutional investors own 99.79% of the company’s stock.

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.