Light Street Capital Management LLC Invests $46.17 Million in MKS Inc. $MKSI

Light Street Capital Management LLC acquired a new stake in shares of MKS Inc. (NASDAQ:MKSI) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 103,800 shares of the scientific and technical instruments company’s stock, valued at approximately $46,170,000. MKS accounts for about 5.1% of Light Street Capital Management LLC’s portfolio, making the stock its 8th largest holding. Light Street Capital Management LLC owned about 0.15% of MKS as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of MKSI. Geode Capital Management LLC raised its holdings in MKS by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 1,254,049 shares of the scientific and technical instruments company’s stock worth $200,438,000 after purchasing an additional 5,551 shares during the period. Bank of America Corp DE grew its holdings in MKS by 44.2% during the second quarter. Bank of America Corp DE now owns 982,643 shares of the scientific and technical instruments company’s stock valued at $97,635,000 after purchasing an additional 301,223 shares during the period. Norges Bank bought a new stake in MKS during the fourth quarter valued at about $147,453,000. Rafferty Asset Management LLC increased its position in MKS by 63.4% in the second quarter. Rafferty Asset Management LLC now owns 878,114 shares of the scientific and technical instruments company’s stock worth $87,249,000 after buying an additional 340,645 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in MKS by 2.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 870,654 shares of the scientific and technical instruments company’s stock worth $139,131,000 after buying an additional 24,349 shares in the last quarter. 99.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

MKSI has been the topic of a number of analyst reports. BMO Capital Markets initiated coverage on MKS in a research report on Tuesday, June 30th. They set an “outperform” rating and a $453.00 price objective on the stock. TD Cowen reissued a “buy” rating on shares of MKS in a report on Thursday, May 7th. Wall Street Zen upgraded shares of MKS from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Bank of America lifted their price target on shares of MKS from $380.00 to $500.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Finally, Morgan Stanley upped their price target on shares of MKS from $374.00 to $442.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, MKS presently has a consensus rating of “Moderate Buy” and a consensus price target of $382.86.

MKS Stock Performance

NASDAQ MKSI opened at $271.75 on Thursday. The firm has a market cap of $18.38 billion, a price-to-earnings ratio of 43.34, a price-to-earnings-growth ratio of 0.58 and a beta of 1.98. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.85. The business has a 50-day moving average price of $335.92 and a 200-day moving average price of $295.63. MKS Inc. has a twelve month low of $97.50 and a twelve month high of $447.62.

MKS (NASDAQ:MKSI) last issued its earnings results on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.91 by $0.39. MKS had a return on equity of 24.72% and a net margin of 10.15%.The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter last year, the company earned $1.77 EPS. The firm’s quarterly revenue was up 28.3% on a year-over-year basis. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. As a group, equities research analysts predict that MKS Inc. will post 12.96 EPS for the current fiscal year.

MKS Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Tuesday, August 25th will be given a dividend of $0.25 per share. The ex-dividend date is Tuesday, August 25th. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. MKS’s dividend payout ratio (DPR) is presently 15.95%.

Insider Activity

In related news, CEO John Tseng-Chung Lee sold 10,000 shares of the company’s stock in a transaction on 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 completion of the transaction, the chief executive officer owned 134,776 shares in the company, valued at approximately $40,703,699.76. This represents a 6.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John Edward Williams sold 457 shares of the firm’s stock in a transaction 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 transaction, the executive vice president directly owned 4,098 shares of the company’s stock, valued at $1,181,494.38. The trade was a 10.03% 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. Insiders have sold a total of 12,891 shares of company stock worth $3,919,127 over the last quarter. Insiders own 0.57% of the company’s stock.

MKS Company Profile

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.