Shares of MKS Instruments, Inc. (NASDAQ:MKSI) have earned a consensus rating of “Buy” from the seven analysts that are covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $84.00.

A number of analysts recently issued reports on MKSI shares. Stifel Nicolaus reissued a “buy” rating and issued a $81.00 target price (up from $71.00) on shares of MKS Instruments in a research report on Friday, April 28th. BidaskClub cut MKS Instruments from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 5th. Zacks Investment Research raised MKS Instruments from a “hold” rating to a “buy” rating and set a $79.00 target price for the company in a research report on Friday, April 21st. Deutsche Bank AG started coverage on MKS Instruments in a research report on Wednesday, July 5th. They issued a “buy” rating and a $84.00 target price for the company. Finally, ValuEngine raised MKS Instruments from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.

Shares of MKS Instruments (MKSI) opened at 79.35 on Friday. The firm has a 50-day moving average price of $78.20 and a 200 day moving average price of $73.81. MKS Instruments has a one year low of $45.85 and a one year high of $88.40. The firm has a market cap of $4.31 billion, a P/E ratio of 16.48 and a beta of 1.07.

MKS Instruments (NASDAQ:MKSI) last announced its earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $1.41 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.41. The firm had revenue of $481 million during the quarter, compared to analysts’ expectations of $463.86 million. MKS Instruments had a return on equity of 19.47% and a net margin of 15.47%. The business’s revenue was up 47.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.72 EPS. On average, analysts forecast that MKS Instruments will post $5.42 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Monday, August 28th will be given a dividend of $0.175 per share. The ex-dividend date is Thursday, August 24th. This represents a $0.70 dividend on an annualized basis and a yield of 0.88%. MKS Instruments’s payout ratio is 14.58%.

In other MKS Instruments news, VP Brian Charles Quirk sold 2,000 shares of the stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $79.30, for a total transaction of $158,600.00. Following the completion of the sale, the vice president now directly owns 15,785 shares of the company’s stock, valued at approximately $1,251,750.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Peter Hanley sold 1,000 shares of the stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $83.22, for a total value of $83,220.00. Following the sale, the director now directly owns 3,372 shares of the company’s stock, valued at $280,617.84. The disclosure for this sale can be found here. Insiders have sold a total of 3,550 shares of company stock valued at $284,628 over the last ninety days. 1.65% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of MKSI. PNC Financial Services Group Inc. boosted its stake in MKS Instruments by 9.9% in the first quarter. PNC Financial Services Group Inc. now owns 82,157 shares of the scientific and technical instruments company’s stock worth $5,648,000 after buying an additional 7,427 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in MKS Instruments by 4.8% in the first quarter. Ameriprise Financial Inc. now owns 342,812 shares of the scientific and technical instruments company’s stock worth $23,568,000 after buying an additional 15,563 shares during the last quarter. BlackRock Inc. boosted its stake in MKS Instruments by 50,850.9% in the first quarter. BlackRock Inc. now owns 6,584,897 shares of the scientific and technical instruments company’s stock worth $452,712,000 after buying an additional 6,571,973 shares during the last quarter. KCG Holdings Inc. boosted its stake in MKS Instruments by 97.0% in the first quarter. KCG Holdings Inc. now owns 9,866 shares of the scientific and technical instruments company’s stock worth $678,000 after buying an additional 4,859 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in MKS Instruments by 4.6% in the first quarter. Geode Capital Management LLC now owns 566,371 shares of the scientific and technical instruments company’s stock worth $38,938,000 after buying an additional 24,851 shares during the last quarter. 97.04% of the stock is owned by institutional investors.

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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.

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