Harvest Fund Management Co. Ltd Purchases 1,823 Shares of MKS Inc. $MKSI

Harvest Fund Management Co. Ltd boosted its position in MKS Inc. (NASDAQ:MKSIFree Report) by 605.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,124 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,823 shares during the period. Harvest Fund Management Co. Ltd’s holdings in MKS were worth $339,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. USA Financial Formulas bought a new stake in MKS in the 4th quarter valued at about $26,000. Global Retirement Partners LLC raised its stake in MKS by 560.0% in the 4th quarter. Global Retirement Partners LLC now owns 165 shares of the scientific and technical instruments company’s stock valued at $26,000 after acquiring an additional 140 shares during the period. IFP Advisors Inc raised its stake in MKS by 616.7% in the 4th quarter. IFP Advisors Inc now owns 172 shares of the scientific and technical instruments company’s stock valued at $27,000 after acquiring an additional 148 shares during the period. Smartleaf Asset Management LLC raised its stake in MKS by 74.5% in the 3rd quarter. Smartleaf Asset Management LLC now owns 260 shares of the scientific and technical instruments company’s stock valued at $32,000 after acquiring an additional 111 shares during the period. Finally, Danske Bank A S bought a new stake in MKS in the 3rd quarter valued at about $37,000. 99.79% of the stock is currently owned by institutional investors.

Insider Activity at MKS

In other news, EVP David Philip Henry sold 2,500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $330.50, for a total transaction 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 approximately $5,400,700.50. The trade was a 13.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gerald G. Colella sold 20,000 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $333.40, for a total value of $6,668,000.00. Following the transaction, the director directly owned 20,017 shares of the company’s stock, valued at $6,673,667.80. The trade was a 49.98% decrease in their position. 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. Insiders have sold 51,855 shares of company stock valued at $16,751,520 in the last ninety days. Insiders own 0.57% of the company’s stock.

MKS Stock Down 8.7%

MKSI stock opened at $301.65 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.11 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $20.37 billion, a PE ratio of 63.11, a PEG ratio of 1.07 and a beta of 1.99. MKS Inc. has a twelve month low of $88.46 and a twelve month high of $341.81. The stock has a 50-day simple moving average of $285.07 and a two-hundred day simple moving average of $230.50.

MKS (NASDAQ:MKSIGet Free Report) last posted its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $2.30 earnings per share for the quarter, beating analysts’ consensus estimates of $2.00 by $0.30. The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.05 billion. MKS had a return on equity of 21.49% and a net margin of 8.06%.The company’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.71 EPS. MKS has set its Q2 2026 guidance at 2.600-3.200 EPS. On average, equities analysts predict that MKS Inc. will post 11.73 EPS for the current fiscal year.

MKS Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Wednesday, June 3rd will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.00 annualized dividend and a dividend yield of 0.3%. MKS’s payout ratio is presently 20.92%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on MKSI shares. TD Cowen restated a “buy” rating on shares of MKS in a research note on Thursday, May 7th. JPMorgan Chase & Co. boosted their price objective on MKS from $305.00 to $365.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. KeyCorp lifted their target price on MKS from $310.00 to $360.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Needham & Company LLC lifted their target price on MKS from $300.00 to $360.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $380.00 target price on shares of MKS in a report on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $324.92.

Get Our Latest Stock Analysis on MKS

About MKS

(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.

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Institutional Ownership by Quarter for MKS (NASDAQ:MKSI)

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