Commerce Bank Invests $2.77 Million in MKS Inc. $MKSI

Commerce Bank acquired a new position in shares of MKS Inc. (NASDAQ:MKSIFree Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 6,224 shares of the scientific and technical instruments company’s stock, valued at approximately $2,768,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Keating Financial Advisory Services Inc. purchased a new stake in shares of MKS in the 2nd quarter worth approximately $25,000. Allied Private Wealth LLC purchased a new position in MKS during the second quarter valued at approximately $33,000. Clearstead Trust LLC bought a new position in MKS in the second quarter worth approximately $36,000. Carolina Wealth Advisors LLC lifted its holdings in MKS by 47.5% during the second quarter. Carolina Wealth Advisors LLC now owns 87 shares of the scientific and technical instruments company’s stock worth $39,000 after buying an additional 28 shares during the period. Finally, Rakuten Securities Inc. purchased a new stake in MKS during the second quarter worth $40,000. 99.79% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently weighed in on MKSI. Needham & Company LLC raised their price target on shares of MKS from $360.00 to $390.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Wells Fargo & Company boosted their price objective on shares of MKS from $300.00 to $325.00 and gave the stock an “equal weight” rating in a research note on Friday, August 7th. Wall Street Zen raised shares of MKS from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Mizuho set a $360.00 target price on shares of MKS in a research note on Thursday, August 6th. Finally, Weiss Ratings raised shares of MKS from a “hold (c)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. One equities 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 assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $385.00.

View Our Latest Analysis on MKSI

Insider Buying and Selling

In other news, Director Gerald G. Colella sold 20,000 shares of the company’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 sale, the director directly owned 20,017 shares of the company’s stock, valued at $6,673,667.80. This represents a 49.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Michelle M. Mccarthy sold 2,434 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $315.23, for a total transaction of $767,269.82. Following the transaction, the chief accounting officer directly owned 2 shares of the company’s stock, valued at approximately $630.46. This trade represents a 99.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 34,991 shares of company stock worth $11,275,822 in the last quarter. 0.57% of the stock is currently owned by corporate insiders.

MKS Price Performance

Shares of MKSI opened at $269.06 on Tuesday. The firm has a market capitalization of $18.19 billion, a PE ratio of 42.91, a price-to-earnings-growth 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. MKS Inc. has a 1-year low of $97.50 and a 1-year high of $447.62. The company’s fifty day moving average price is $339.83 and its 200-day moving average price is $294.95.

MKS (NASDAQ:MKSIGet Free Report) last issued its earnings results on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.91 by $0.39. The company had revenue of $1.25 billion during 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 firm’s quarterly revenue was up 28.3% on a year-over-year basis. During the same quarter last year, the business posted $1.77 EPS. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. On average, equities research analysts predict that MKS Inc. will post 12.96 EPS for the current year.

MKS Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Tuesday, August 25th will be given a $0.25 dividend. The ex-dividend date 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 currently 15.95%.

About MKS

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for MKS (NASDAQ:MKSI)

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