Globeflex Capital L P grew its holdings in shares of MKS Inc. (NASDAQ:MKSI – Free Report) by 10.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 36,314 shares of the scientific and technical instruments company’s stock after purchasing an additional 3,463 shares during the period. Globeflex Capital L P’s holdings in MKS were worth $5,803,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of MKSI. Norges Bank purchased a new stake in MKS during the fourth quarter worth approximately $147,453,000. Millennium Management LLC grew its stake in MKS by 9,165.9% during the third quarter. Millennium Management LLC now owns 446,248 shares of the scientific and technical instruments company’s stock worth $55,232,000 after buying an additional 441,432 shares during the period. Rafferty Asset Management LLC grew its stake in MKS by 63.4% during the second quarter. Rafferty Asset Management LLC now owns 878,114 shares of the scientific and technical instruments company’s stock worth $87,249,000 after buying an additional 340,645 shares during the period. Nomura Holdings Inc. boosted its stake in shares of MKS by 316.9% in the third quarter. Nomura Holdings Inc. now owns 426,509 shares of the scientific and technical instruments company’s stock valued at $52,789,000 after purchasing an additional 324,195 shares during the period. Finally, Westfield Capital Management Co. LP purchased a new position in shares of MKS in the third quarter valued at $40,023,000. 99.79% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several brokerages have recently weighed in on MKSI. Wall Street Zen downgraded shares of MKS from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 23rd. Citigroup upped their target price on shares of MKS from $290.00 to $355.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Mizuho set a $400.00 target price on shares of MKS in a research note on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $380.00 target price on shares of MKS in a research note on Friday, May 8th. Finally, TD Cowen restated a “buy” rating on shares of MKS in a research note on Thursday, May 7th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $324.92.
MKS Price Performance
Shares of MKSI stock opened at $330.23 on Friday. The company has a market capitalization of $22.30 billion, a PE ratio of 69.09, a price-to-earnings-growth ratio of 1.19 and a beta of 1.99. The firm has a fifty day simple moving average of $283.91 and a 200-day simple moving average of $230.00. The company has a current ratio of 1.11, a quick ratio of 0.70 and a debt-to-equity ratio of 0.94. MKS Inc. has a twelve month low of $86.05 and a twelve month high of $341.81.
MKS (NASDAQ:MKSI – Get Free Report) last posted its quarterly 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. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.05 billion. MKS had a net margin of 8.06% and a return on equity of 21.49%. The firm’s quarterly revenue was up 15.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.71 earnings per share. MKS has set its Q2 2026 guidance at 2.600-3.200 EPS. Equities research analysts anticipate that MKS Inc. will post 11.73 earnings per share for the current fiscal year.
MKS Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Wednesday, June 3rd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.00 annualized dividend and a yield of 0.3%. MKS’s dividend payout ratio is currently 20.92%.
Insider Transactions at MKS
In related news, CFO Ramakumar Mayampurath sold 8,810 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $315.48, for a total value of $2,779,378.80. Following the sale, the chief financial officer directly owned 1 shares of the company’s stock, valued at $315.48. This represents a 99.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David Philip Henry sold 2,500 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $330.50, for a total transaction of $826,250.00. Following the completion of the sale, the executive vice president directly owned 16,341 shares in the company, valued at $5,400,700.50. This represents a 13.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 51,855 shares of company stock valued at $16,751,520 over the last ninety days. 0.57% of the stock is currently owned by corporate insiders.
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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