VIRGINIA RETIREMENT SYSTEMS ET Al Buys Shares of 22,900 MKS Inc. $MKSI

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of MKS Inc. (NASDAQ:MKSIFree Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 22,900 shares of the scientific and technical instruments company’s stock, valued at approximately $10,186,000.

A number of other institutional investors also recently made changes to their positions in MKSI. Keating Financial Advisory Services Inc. bought a new position in shares of MKS in the second quarter valued at approximately $25,000. Global Retirement Partners LLC raised its holdings in MKS by 560.0% during the fourth quarter. Global Retirement Partners LLC now owns 165 shares of the scientific and technical instruments company’s stock worth $26,000 after purchasing an additional 140 shares in the last quarter. IFP Advisors Inc raised its holdings in MKS by 616.7% during the fourth quarter. IFP Advisors Inc now owns 172 shares of the scientific and technical instruments company’s stock worth $27,000 after purchasing an additional 148 shares in the last quarter. Allied Private Wealth LLC acquired a new stake in MKS in the second quarter worth approximately $33,000. Finally, Clearstead Trust LLC acquired a new stake in MKS in the second quarter worth approximately $36,000. 99.79% of the stock is owned by institutional investors and hedge funds.

Insider Activity at MKS

In related news, EVP John Williams sold 457 shares of MKS stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $288.31, for a total value of $131,757.67. Following the transaction, the executive vice president owned 4,098 shares of the company’s stock, valued at approximately $1,181,494.38. This trade represents a 10.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John Tseng-Chung Lee sold 10,000 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $302.01, for a total transaction of $3,020,100.00. Following the sale, the chief executive officer directly owned 134,776 shares of the company’s stock, valued at $40,703,699.76. This represents a 6.91% 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. Insiders sold 10,757 shares of company stock worth $3,227,146 in the last quarter. 0.57% of the stock is owned by company insiders.

MKS Trading Up 2.0%

MKS stock opened at $265.50 on Wednesday. The firm has a market cap of $17.95 billion, a price-to-earnings ratio of 42.34, a price-to-earnings-growth ratio of 0.55 and a beta of 1.98. MKS Inc. has a 1 year low of $107.02 and a 1 year high of $447.62. The firm’s 50 day moving average price is $308.96 and its two-hundred day moving average price 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 (NASDAQ:MKSIGet Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 EPS for the quarter, beating analysts’ consensus estimates of $2.91 by $0.39. The company 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 company’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.77 EPS. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. On average, research analysts predict that MKS Inc. will post 13.07 EPS for the current fiscal year.

MKS Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Tuesday, August 25th were given a $0.25 dividend. The ex-dividend date was Tuesday, August 25th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. MKS’s dividend payout ratio (DPR) is 15.95%.

Analyst Upgrades and Downgrades

MKSI has been the topic of several research analyst reports. Needham & Company LLC lifted their price target on MKS from $360.00 to $390.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. BMO Capital Markets started coverage on MKS in a report on Tuesday, June 30th. They issued an “outperform” rating and a $453.00 price objective for the company. Citigroup raised their target price on MKS from $425.00 to $430.00 and gave the company a “buy” rating in a research note on Friday, August 7th. KeyCorp lifted their target price on MKS from $360.00 to $475.00 and gave the stock an “overweight” rating in a report on Monday, June 29th. Finally, JPMorgan Chase & Co. boosted their price target on shares of MKS from $365.00 to $380.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, MKS currently has an average rating of “Moderate Buy” and an average price target of $382.86.

Get Our Latest Stock Analysis on MKS

MKS Profile

(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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