4,736 Shares in MKS Inc. $MKSI Purchased by State of Wyoming

Key Points

• State of Wyoming purchased 4,736 MKS shares worth approximately $2.1 million during the second quarter. Institutional investors and hedge funds collectively own 99.79% of the company.
• MKS reported quarterly EPS of $3.30 and revenue of $1.25 billion, exceeding analyst estimates, while revenue increased 28.3% year over year. Analysts maintain a consensus “Moderate Buy” rating with a $385 price target.
• MKS shares opened at $310.73, and the company declared a quarterly dividend of $0.25 per share. Insiders have sold 47,651 shares worth approximately $15.4 million over the past 90 days.

State of Wyoming purchased a new position in shares of MKS Inc. (NASDAQ:MKSI - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,736 shares of the scientific and technical instruments company's stock, valued at approximately $2,107,000.

Other hedge funds also recently made changes to their positions in the company. Global Retirement Partners LLC boosted its stake in shares of MKS by 560.0% during the 4th quarter. Global Retirement Partners LLC now owns 165 shares of the scientific and technical instruments company's stock worth $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. Allied Private Wealth LLC acquired a new stake in MKS during the 2nd quarter valued at $33,000. Clearstead Trust LLC acquired a new stake in MKS during the 2nd quarter valued at $36,000. Finally, Danske Bank A S bought a new position in MKS during the third quarter worth $37,000. 99.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have commented on MKSI. The Goldman Sachs Group reiterated a "sell" rating and issued a $265.00 price objective on shares of MKS in a report on Thursday, May 7th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $600.00 target price on shares of MKS in a report on Monday, August 3rd. Weiss Ratings upgraded shares of MKS from a "hold (c)" rating to a "buy (b-)" rating in a research note on Tuesday. Morgan Stanley increased their price target on shares of MKS from $374.00 to $442.00 and gave the company an "overweight" rating in a report on Monday, July 6th. Finally, Deutsche Bank Aktiengesellschaft set a $360.00 price objective on shares of MKS in a research report on Friday, July 31st. One 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $385.00.

MKS Stock Up 1.4%

MKSI opened at $310.73 on Friday. MKS Inc. has a fifty-two week low of $97.30 and a fifty-two week high of $447.62. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.72 and a current ratio of 1.14. The company has a market capitalization of $21.01 billion, a P/E ratio of 49.56, a P/E/G ratio of 0.66 and a beta of 1.98. The stock has a fifty day moving average of $345.69 and a 200-day moving average of $292.15.

MKS (NASDAQ:MKSI - Get Free Report) last announced its earnings results on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.91 by $0.39. MKS had a net margin of 10.15% and a return on equity of 24.72%. The company had revenue of $1.25 billion during the quarter, compared to analysts' expectations of $1.20 billion. During the same quarter in the previous year, the business posted $1.77 earnings per share. MKS'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. On average, equities analysts expect that MKS Inc. will post 12.96 EPS for the current year.

MKS Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Tuesday, August 25th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, August 25th. This represents a $1.00 dividend on an annualized basis and a yield of 0.3%. MKS's payout ratio is currently 15.95%.

Insider Activity

In other MKS news, CFO Ramakumar Mayampurath sold 8,810 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $315.48, for a total transaction of $2,779,378.80. Following the transaction, the chief financial officer owned 1 shares in the company, valued at $315.48. This represents a 99.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Michelle M. Mccarthy sold 2,434 shares of the firm's stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $315.23, for a total transaction of $767,269.82. Following the transaction, the chief accounting officer directly owned 2 shares in the company, valued at $630.46. This represents a 99.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 47,651 shares of company stock worth $15,425,741. Insiders own 0.57% of the company's stock.

About MKS

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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