Schroder Investment Management Group purchased a new stake in shares of MKS Instruments, Inc. (NASDAQ:MKSI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 109,000 shares of the scientific and technical instruments company’s stock, valued at approximately $10,218,000. Schroder Investment Management Group owned 0.20% of MKS Instruments as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. BlackRock Inc. lifted its position in MKS Instruments by 2.6% during the 1st quarter. BlackRock Inc. now owns 6,142,281 shares of the scientific and technical instruments company’s stock valued at $710,354,000 after acquiring an additional 153,820 shares during the period. Paloma Partners Management Co lifted its position in MKS Instruments by 1,269.2% during the 2nd quarter. Paloma Partners Management Co now owns 153,876 shares of the scientific and technical instruments company’s stock valued at $14,725,000 after acquiring an additional 142,638 shares during the period. Intrust Bank NA lifted its position in MKS Instruments by 14.4% during the 2nd quarter. Intrust Bank NA now owns 5,641 shares of the scientific and technical instruments company’s stock valued at $540,000 after acquiring an additional 712 shares during the period. Systematic Financial Management LP lifted its position in MKS Instruments by 36.9% during the 2nd quarter. Systematic Financial Management LP now owns 224,346 shares of the scientific and technical instruments company’s stock valued at $21,470,000 after acquiring an additional 60,431 shares during the period. Finally, Arizona State Retirement System lifted its position in MKS Instruments by 2.9% during the 2nd quarter. Arizona State Retirement System now owns 37,964 shares of the scientific and technical instruments company’s stock valued at $3,633,000 after acquiring an additional 1,083 shares during the period. 91.20% of the stock is owned by institutional investors and hedge funds.

MKSI has been the subject of a number of recent research reports. BidaskClub cut shares of MKS Instruments from a “buy” rating to a “hold” rating in a research report on Wednesday, July 25th. ValuEngine cut shares of MKS Instruments from a “hold” rating to a “sell” rating in a research report on Monday, August 13th. Stifel Nicolaus lifted their price target on shares of MKS Instruments from $147.00 to $155.00 and gave the company a “buy” rating in a research report on Monday, June 18th. Citigroup lowered their price target on shares of MKS Instruments from $122.00 to $118.00 and set a “buy” rating for the company in a research report on Monday, July 30th. Finally, Benchmark reissued a “buy” rating and set a $125.00 price target on shares of MKS Instruments in a research report on Thursday, July 26th. Two analysts have rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $127.75.

NASDAQ:MKSI opened at $78.95 on Thursday. The stock has a market cap of $4.42 billion, a price-to-earnings ratio of 10.52, a PEG ratio of 0.84 and a beta of 0.86. The company has a debt-to-equity ratio of 0.19, a current ratio of 5.03 and a quick ratio of 3.66. MKS Instruments, Inc. has a fifty-two week low of $78.85 and a fifty-two week high of $128.28.

MKS Instruments (NASDAQ:MKSI) last released its quarterly earnings data on Tuesday, July 24th. The scientific and technical instruments company reported $2.33 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.11. The business had revenue of $573.14 million during the quarter, compared to analyst estimates of $567.99 million. MKS Instruments had a net margin of 17.95% and a return on equity of 25.69%. MKS Instruments’s revenue was up 19.2% compared to the same quarter last year. During the same period last year, the business earned $1.41 EPS. equities research analysts expect that MKS Instruments, Inc. will post 8.01 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 7th. Shareholders of record on Monday, August 27th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, August 24th. This represents a $0.80 dividend on an annualized basis and a yield of 1.01%. MKS Instruments’s dividend payout ratio is currently 13.42%.

In other MKS Instruments news, Director Elizabeth Mora sold 375 shares of the firm’s stock in a transaction dated Tuesday, September 4th. The shares were sold at an average price of $92.50, for a total transaction of $34,687.50. Following the completion of the sale, the director now directly owns 15,787 shares in the company, valued at approximately $1,460,297.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Peter Hanley sold 1,240 shares of the firm’s stock in a transaction dated Tuesday, August 7th. The shares were sold at an average price of $94.39, for a total transaction of $117,043.60. Following the sale, the director now owns 1,501 shares of the company’s stock, valued at $141,679.39. The disclosure for this sale can be found here. 1.67% of the stock is currently owned by company insiders.

About MKS Instruments

MKS Instruments, Inc provides instruments, subsystems, and process control solutions that measure, control, power, deliver, monitor, and analyze critical parameters of manufacturing processes worldwide. The company operates through two segments, Vacuum & Analysis and Light & Motion. The Vacuum & Analysis segment provides analytical and control solutions products, including gas analyzers, automation control products, I/O modules, automation software, and precision machined components and electromechanical assemblies; and materials delivery solutions products comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems to provide customers with precise control capabilities that are optimized for a given application.

Recommended Story: Asset Allocation Models, Which is Right For You?

Want to see what other hedge funds are holding MKSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MKS Instruments, Inc. (NASDAQ:MKSI).

Institutional Ownership by Quarter for MKS Instruments (NASDAQ:MKSI)

Receive News & Ratings for MKS Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MKS Instruments and related companies with MarketBeat.com's FREE daily email newsletter.