MKS Instruments, Inc. (NASDAQ:MKSI) – Stock analysts at Dougherty & Co lifted their FY2017 EPS estimates for shares of MKS Instruments in a report issued on Monday. Dougherty & Co analyst R. Ryan now expects that the scientific and technical instruments company will post earnings of $5.82 per share for the year, up from their prior estimate of $5.32. Dougherty & Co currently has a “Buy” rating and a $115.00 target price on the stock. Dougherty & Co also issued estimates for MKS Instruments’ Q4 2017 earnings at $1.55 EPS.

A number of other analysts also recently weighed in on the stock. Deutsche Bank AG upped their price target on shares of MKS Instruments from $104.00 to $116.00 and gave the stock a “buy” rating in a report on Thursday, October 26th. Stifel Nicolaus reiterated a “buy” rating and set a $108.00 price objective (up from $98.00) on shares of MKS Instruments in a research report on Tuesday, October 24th. KeyCorp reiterated an “outperform” rating and set a $100.00 price objective on shares of MKS Instruments in a research report on Saturday, September 16th. Finally, BidaskClub upgraded shares of MKS Instruments from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 17th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $109.75.

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MKS Instruments (NASDAQ:MKSI) last issued its quarterly earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.46 by $0.10. The business had revenue of $486.27 million during the quarter, compared to analyst estimates of $476.24 million. MKS Instruments had a net margin of 16.97% and a return on equity of 21.21%. MKS Instruments’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.88 earnings per share.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Monday, November 27th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.67%. This is a boost from MKS Instruments’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Friday, November 24th. MKS Instruments’s dividend payout ratio is currently 12.54%.

In other MKS Instruments news, VP Brian Charles Quirk sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $79.30, for a total value of $158,600.00. Following the completion of the transaction, the vice president now directly owns 15,785 shares in the company, valued at approximately $1,251,750.50. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Seth H. Bagshaw sold 7,500 shares of the company’s stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $85.80, for a total transaction of $643,500.00. Following the completion of the transaction, the chief financial officer now owns 21,615 shares of the company’s stock, valued at $1,854,567. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,100 shares of company stock valued at $851,885. 1.65% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Riverhead Capital Management LLC increased its position in MKS Instruments by 71.9% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,063 shares of the scientific and technical instruments company’s stock valued at $139,000 after acquiring an additional 863 shares during the period. Creative Planning increased its position in MKS Instruments by 22.8% in the 2nd quarter. Creative Planning now owns 2,239 shares of the scientific and technical instruments company’s stock valued at $151,000 after acquiring an additional 416 shares during the period. CAPROCK Group Inc. acquired a new position in MKS Instruments in the 3rd quarter valued at approximately $213,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in MKS Instruments by 12.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,482 shares of the scientific and technical instruments company’s stock valued at $167,000 after acquiring an additional 281 shares during the period. Finally, Cavalier Investments LLC acquired a new position in MKS Instruments in the 3rd quarter valued at approximately $236,000. Hedge funds and other institutional investors own 96.13% of the company’s stock.

About MKS Instruments

MKS Instruments, Inc is a global provider of instruments, subsystems and process control solutions that measures, controls, powers, delivers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates through two segments, including the Vacuum & Analysis segment and the Light & Motion segment.

Earnings History and Estimates for MKS Instruments (NASDAQ:MKSI)

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