Shares of MKS Instruments, Inc. (NASDAQ:MKSI) reached a new 52-week low on Tuesday after Zacks Investment Research downgraded the stock from a hold rating to a sell rating. The stock traded as low as $80.30 and last traded at $80.70, with a volume of 585337 shares. The stock had previously closed at $83.75.

A number of other analysts have also weighed in on MKSI. Cowen lowered their price target on shares of MKS Instruments from $135.00 to $124.00 and set a “hold” rating for the company in a report on Thursday, July 26th. BidaskClub lowered shares of MKS Instruments from a “buy” rating to a “hold” rating in a report on Tuesday, June 26th. Citigroup lowered their price target on shares of MKS Instruments from $130.00 to $122.00 and set a “buy” rating for the company in a report on Friday, July 13th. KeyCorp reissued a “buy” rating and issued a $135.00 price target on shares of MKS Instruments in a report on Thursday, July 26th. Finally, ValuEngine lowered shares of MKS Instruments from a “sell” rating to a “strong sell” rating in a report on Wednesday, September 12th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company’s stock. MKS Instruments has an average rating of “Hold” and an average target price of $127.75.

In other MKS Instruments news, Director Peter Hanley sold 1,240 shares of MKS Instruments stock in a transaction on Tuesday, August 7th. The shares were sold at an average price of $94.39, for a total transaction of $117,043.60. Following the completion of the sale, the director now owns 1,501 shares of the company’s stock, valued at approximately $141,679.39. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Elizabeth Mora sold 375 shares of MKS Instruments stock in a transaction on Tuesday, September 4th. The stock was sold at an average price of $92.50, for a total transaction of $34,687.50. Following the sale, the director now directly owns 15,787 shares of the company’s stock, valued at approximately $1,460,297.50. The disclosure for this sale can be found here. Company insiders own 1.67% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Schroder Investment Management Group acquired a new stake in MKS Instruments during the 2nd quarter worth $10,218,000. Advisors Asset Management Inc. boosted its position in shares of MKS Instruments by 18.8% during the second quarter. Advisors Asset Management Inc. now owns 22,287 shares of the scientific and technical instruments company’s stock worth $2,133,000 after purchasing an additional 3,534 shares in the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of MKS Instruments by 188.3% during the second quarter. Public Employees Retirement System of Ohio now owns 132,574 shares of the scientific and technical instruments company’s stock worth $12,687,000 after purchasing an additional 86,583 shares in the last quarter. Laurel Wealth Advisors Inc. bought a new position in shares of MKS Instruments during the second quarter worth $708,000. Finally, GHP Investment Advisors Inc. boosted its position in shares of MKS Instruments by 5.6% during the second quarter. GHP Investment Advisors Inc. now owns 39,776 shares of the scientific and technical instruments company’s stock worth $3,807,000 after purchasing an additional 2,126 shares in the last quarter. 91.20% of the stock is owned by hedge funds and other institutional investors.

The stock has a market capitalization of $4.58 billion, a price-to-earnings ratio of 13.60, a price-to-earnings-growth ratio of 0.87 and a beta of 0.87. The company has a current ratio of 5.03, a quick ratio of 3.66 and a debt-to-equity ratio of 0.19.

MKS Instruments (NASDAQ:MKSI) last announced its quarterly earnings results on Tuesday, July 24th. The scientific and technical instruments company reported $2.33 earnings per share for the quarter, topping analysts’ consensus estimates of $2.22 by $0.11. The company had revenue of $573.14 million for the quarter, compared to analysts’ expectations of $567.99 million. MKS Instruments had a net margin of 17.95% and a return on equity of 25.69%. The business’s quarterly revenue was up 19.2% compared to the same quarter last year. During the same period last year, the firm posted $1.41 earnings per share. equities analysts anticipate that MKS Instruments, Inc. will post 8.01 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 7th. Stockholders of record on Monday, August 27th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, August 24th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.99%. MKS Instruments’s dividend payout ratio is 13.42%.

MKS Instruments Company Profile (NASDAQ:MKSI)

MKS Instruments, Inc provides instruments, subsystems, and process control solutions that measure, control, power, deliver, monitor, and analyze critical parameters of manufacturing processes worldwide. The company operates through two segments, Vacuum & Analysis and Light & Motion. The Vacuum & Analysis segment provides analytical and control solutions products, including gas analyzers, automation control products, I/O modules, automation software, and precision machined components and electromechanical assemblies; and materials delivery solutions products comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems to provide customers with precise control capabilities that are optimized for a given application.

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