Persistent Asset Partners Ltd Purchases Shares of 3,577 MKS Inc. $MKSI

Persistent Asset Partners Ltd acquired a new stake in MKS Inc. (NASDAQ:MKSIFree Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 3,577 shares of the scientific and technical instruments company’s stock, valued at approximately $1,591,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Allied Private Wealth LLC acquired a new position in shares of MKS in the 2nd quarter worth approximately $33,000. Clearstead Trust LLC bought a new position in shares of MKS during the second quarter valued at $36,000. Carolina Wealth Advisors LLC lifted its holdings in shares of 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 valued at $39,000 after acquiring an additional 28 shares during the period. Bell Investment Advisors Inc bought a new stake in shares of MKS in the 2nd quarter worth about $47,000. Finally, Global Retirement Partners LLC increased its position in shares of MKS by 560.0% during the 4th 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. Institutional investors own 99.79% of the company’s stock.

Insider Buying and Selling at MKS

In other news, EVP David Philip Henry sold 2,500 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $330.50, for a total value of $826,250.00. Following the completion of the transaction, the executive vice president owned 16,341 shares of the company’s stock, valued at $5,400,700.50. The trade was a 13.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ramakumar Mayampurath sold 8,810 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was 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 in the company, valued at $315.48. The trade was a 99.99% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 46,301 shares of company stock worth $15,016,151 over the last ninety days. 0.57% of the stock is owned by corporate insiders.

MKS Price Performance

Shares of MKSI stock opened at $310.73 on Monday. The firm’s 50 day moving average price is $345.69 and its two-hundred day moving average price is $292.67. 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 $97.30 and a 52-week high of $447.62. The stock has a market cap of $21.01 billion, a PE ratio of 49.56, a PEG ratio of 0.66 and a beta of 1.98.

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

MKS Announces Dividend

The company also recently declared 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. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Tuesday, August 25th. MKS’s dividend payout ratio (DPR) is currently 15.95%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Bank of America boosted their price target on shares of MKS from $380.00 to $500.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Needham & Company LLC boosted their target price on MKS from $360.00 to $390.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Citigroup boosted their price objective on MKS from $425.00 to $430.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Weiss Ratings raised MKS from a “hold (c)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Finally, JPMorgan Chase & Co. raised their price objective on shares of MKS from $365.00 to $380.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, MKS presently has a consensus rating of “Moderate Buy” and an average target price of $385.00.

Check Out Our Latest Research Report 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

Institutional Ownership by Quarter for MKS (NASDAQ:MKSI)

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