Robeco Institutional Asset Management B.V. bought a new stake in shares of MKS Inc. (NASDAQ:MKSI – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 80,051 shares of the scientific and technical instruments company’s stock, valued at approximately $21,242,000. Robeco Institutional Asset Management B.V. owned about 0.12% of MKS as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in MKSI. Spyglass Capital Management LLC purchased a new position in shares of MKS in the second quarter worth $52,720,000. Bank of America Corp DE bought a new position in shares of MKS during the second quarter valued at $231,673,000. Dorsey Wright & Associates purchased a new stake in shares of MKS during the first quarter valued at $1,329,000. Tidal Investments LLC boosted its position in shares of MKS by 42.2% during the second quarter. Tidal Investments LLC now owns 44,846 shares of the scientific and technical instruments company’s stock valued at $19,948,000 after buying an additional 13,299 shares during the last quarter. Finally, Fifth Third Bancorp boosted its position in shares of MKS by 3,011.9% during the first quarter. Fifth Third Bancorp now owns 19,294 shares of the scientific and technical instruments company’s stock valued at $4,434,000 after buying an additional 18,674 shares during the last quarter. 99.79% of the stock is owned by institutional investors.
MKS Stock Performance
Shares of MKSI traded up $0.44 during trading hours on Friday, hitting $196.55. The stock had a trading volume of 1,146,071 shares, compared to its average volume of 1,322,844. 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 12 month low of $134.74 and a 12 month high of $447.62. The firm has a market capitalization of $13.29 billion, a PE ratio of 31.35, a PEG ratio of 0.41 and a beta of 2.03. The stock has a fifty day moving average price of $255.93 and a 200 day moving average price of $298.89.
MKS (NASDAQ:MKSI – Get Free Report) last posted 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 analysts’ expectations of $1.20 billion. MKS had a return on equity of 24.72% and a net margin of 10.15%. MKS’s revenue for the quarter was up 28.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.77 earnings per share. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. Analysts anticipate that MKS Inc. will post 13.13 EPS for the current year.
MKS Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Tuesday, August 25th were issued a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, August 25th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. MKS’s dividend payout ratio (DPR) is presently 15.95%.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on MKSI. Morgan Stanley decreased their target price on MKS from $439.00 to $345.00 and set an “overweight” rating for the company in a research report on Thursday, September 17th. BMO Capital Markets started coverage on shares of MKS in a report on Tuesday, June 30th. They set an “outperform” rating and a $453.00 price target on the stock. Weiss Ratings lowered shares of MKS from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, September 28th. Mizuho reduced their price target on shares of MKS from $360.00 to $330.00 and set an “outperform” rating for the company in a research note on Tuesday, August 25th. Finally, Needham & Company LLC boosted their price objective on shares of MKS from $360.00 to $390.00 and gave the company a “buy” rating in a report on Thursday, August 6th. 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 issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $375.93.
Read Our Latest Analysis on MKSI
Insider Buying and Selling
In related news, EVP John Williams sold 457 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $288.31, for a total transaction of $131,757.67. Following the completion of the sale, the executive vice president directly owned 4,098 shares in the company, valued at approximately $1,181,494.38. The trade was a 10.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Elizabeth Mora sold 300 shares of the company’s stock in a transaction that occurred 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 sale, the director directly owned 18,845 shares of the company’s stock, valued at approximately $4,729,341.20. This represents a 1.57% decrease in their ownership of the stock. 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. Over the last quarter, insiders have sold 10,757 shares of company stock valued at $3,227,146. 0.57% of the stock is owned by insiders.
MKS Company Profile
MKS Instruments, Inc (NASDAQ: MKSI) develops technologies that enable precision control and measurement in manufacturing and research environments. The company provides instruments, components, systems and process-control solutions used to measure and control pressure, flow, vacuum, gas delivery, temperature and other critical production conditions.
Its product portfolio includes vacuum solutions, pressure and flow-control instruments, gas and vapor delivery systems, plasma and reactive-gas technologies, power delivery systems, process-monitoring equipment, analytical instruments and materials-characterization tools.
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