EP Wealth Advisors LLC purchased a new stake in shares of MKS Inc. (NASDAQ:MKSI – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,335 shares of the scientific and technical instruments company’s stock, valued at approximately $1,483,000.
Several other large investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of MKS in the fourth quarter valued at approximately $147,453,000. Southpoint Capital Advisors LP acquired a new stake in MKS during the 4th quarter valued at $95,880,000. Westfield Capital Management Co. LP increased its holdings in MKS by 159.7% during the 4th quarter. Westfield Capital Management Co. LP now owns 839,773 shares of the scientific and technical instruments company’s stock valued at $134,196,000 after purchasing an additional 516,409 shares in the last quarter. Millennium Management LLC raised its position in MKS by 9,165.9% in the 3rd quarter. Millennium Management LLC now owns 446,248 shares of the scientific and technical instruments company’s stock valued at $55,232,000 after purchasing an additional 441,432 shares during the last quarter. Finally, Rafferty Asset Management LLC boosted its stake in MKS by 63.4% in 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 purchasing an additional 340,645 shares in the last quarter. 99.79% of the stock is owned by institutional investors.
Insider Activity
In related news, EVP David Philip Henry sold 2,500 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $330.50, for a total value of $826,250.00. Following the sale, the executive vice president owned 16,341 shares in the company, valued at $5,400,700.50. This represents a 13.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Michelle M. Mccarthy sold 2,434 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $315.23, for a total value of $767,269.82. Following the sale, the chief accounting officer directly owned 2 shares of the company’s stock, valued at $630.46. This represents 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 three months, insiders sold 37,491 shares of company stock valued at $12,102,072. 0.57% of the stock is currently owned by insiders.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on MKS
MKS Price Performance
MKSI stock opened at $279.11 on Monday. The stock has a market cap 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. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.14 and a quick ratio of 0.72. The company has a 50 day simple moving average of $341.95 and a 200 day simple moving average of $294.68. MKS Inc. has a 1 year low of $97.50 and a 1 year high of $447.62.
MKS (NASDAQ:MKSI – Get Free Report) last posted its earnings results on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 EPS for the quarter, topping the consensus estimate of $2.91 by $0.39. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.20 billion. MKS had a net margin of 10.15% and a return on equity of 24.72%. The firm’s revenue was up 28.3% compared to the same quarter last year. During the same period last year, the company earned $1.77 EPS. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. Research analysts anticipate that MKS Inc. will post 12.96 EPS for the current fiscal year.
MKS Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Tuesday, August 25th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Tuesday, August 25th. MKS’s payout ratio is 15.95%.
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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