Retireful LLC acquired a new position in shares of MKS Inc. (NASDAQ:MKSI – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,342 shares of the scientific and technical instruments company’s stock, valued at approximately $1,487,000. MKS accounts for 1.4% of Retireful LLC’s holdings, making the stock its 26th biggest holding.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in MKS in the fourth quarter valued at about $147,453,000. Southpoint Capital Advisors LP bought a new position in shares of MKS during the 4th quarter valued at about $95,880,000. Bank of America Corp DE bought a new position in shares of MKS during the 2nd quarter valued at about $231,673,000. Westfield Capital Management Co. LP grew its position in shares of MKS by 159.7% in 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 during the period. Finally, Millennium Management LLC grew its position in shares of 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 period. 99.79% of the stock is currently owned by institutional investors.
Insider Buying and Selling at MKS
In related news, CEO John Tseng-Chung Lee sold 10,000 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $302.01, for a total value of $3,020,100.00. Following the completion of the transaction, the chief executive officer owned 134,776 shares of the company’s stock, valued at approximately $40,703,699.76. This trade represents a 6.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Elizabeth Mora sold 300 shares of MKS stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $250.96, for a total transaction of $75,288.00. Following the completion of the sale, the director owned 18,845 shares in the company, valued at $4,729,341.20. The trade was a 1.57% 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 ninety days, insiders have sold 13,191 shares of company stock worth $3,994,415. Company insiders own 0.57% of the company’s stock.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on MKS
MKS Stock Up 2.0%
Shares of MKS stock opened at $251.38 on Thursday. The firm has a market cap of $17.00 billion, a PE ratio of 40.09, a P/E/G ratio of 0.52 and a beta of 1.98. The business’s 50 day simple moving average is $321.45 and its 200 day simple moving average is $295.81. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.72 and a current ratio of 1.14. MKS Inc. has a 52-week low of $98.59 and a 52-week high of $447.62.
MKS (NASDAQ:MKSI – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 earnings per share for the quarter, topping analysts’ consensus estimates of $2.91 by $0.39. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.20 billion. MKS had a return on equity of 24.72% and a net margin of 10.15%.The business’s revenue was up 28.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.77 EPS. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. On average, analysts predict that MKS Inc. will post 13.07 earnings per share for the current fiscal year.
MKS Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Tuesday, August 25th will be issued a dividend of $0.25 per share. The ex-dividend date is Tuesday, August 25th. This represents a $1.00 annualized dividend and a yield of 0.4%. MKS’s dividend payout ratio is presently 15.95%.
MKS 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.
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