AXQ Capital LP decreased its position in MKS Inc. (NASDAQ:MKSI - Free Report) by 54.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,294 shares of the scientific and technical instruments company's stock after selling 3,957 shares during the quarter. AXQ Capital LP's holdings in MKS were worth $1,465,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently modified their holdings of the company. Carolina Wealth Advisors LLC boosted its position in shares of MKS by 47.5% during the second quarter. Carolina Wealth Advisors LLC now owns 87 shares of the scientific and technical instruments company's stock valued at $39,000 after purchasing an additional 28 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of MKS by 1.1% in the first quarter. Blue Trust Inc. now owns 4,274 shares of the scientific and technical instruments company's stock worth $982,000 after buying an additional 47 shares during the last quarter. Covestor Ltd lifted its position in shares of MKS by 14.7% during the 4th quarter. Covestor Ltd now owns 390 shares of the scientific and technical instruments company's stock valued at $63,000 after buying an additional 50 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of MKS by 10.4% in the fourth quarter. Daiwa Securities Group Inc. now owns 530 shares of the scientific and technical instruments company's stock worth $85,000 after acquiring an additional 50 shares during the period. Finally, Quadrant Capital Group LLC increased its holdings in shares of MKS by 1.3% in the fourth quarter. Quadrant Capital Group LLC now owns 4,335 shares of the scientific and technical instruments company's stock worth $693,000 after purchasing an additional 55 shares during the last quarter. 99.79% of the stock is currently owned by hedge funds and other institutional investors.
MKS Trading Up 4.3%
MKSI opened at $260.31 on Friday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.14 and a quick ratio of 0.72. The stock has a market capitalization of $17.60 billion, a PE ratio of 41.52, a P/E/G ratio of 0.53 and a beta of 1.98. MKS Inc. has a 12-month low of $102.14 and a 12-month high of $447.62. The firm's fifty day moving average price is $315.68 and its 200 day moving average price is $295.48.
MKS (NASDAQ:MKSI - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 EPS for the quarter, beating the consensus estimate of $2.91 by $0.39. MKS had a net margin of 10.15% and a return on equity of 24.72%. The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same period in the previous year, the business posted $1.77 EPS. The company'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, research analysts expect that MKS Inc. will post 13.07 EPS for the current fiscal year.
MKS Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Tuesday, August 25th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, August 25th. MKS's dividend payout ratio (DPR) is 15.95%.
Wall Street Analyst Weigh In
A number of research firms have weighed in on MKSI. JPMorgan Chase & Co. increased their target price on MKS from $365.00 to $380.00 and gave the stock an "overweight" rating in a research note on Friday, August 7th. BMO Capital Markets assumed coverage on shares of MKS in a research note on Tuesday, June 30th. They issued an "outperform" rating and a $453.00 price target on the stock. KeyCorp raised their target price on MKS from $360.00 to $475.00 and gave the stock an "overweight" rating in a research note on Monday, June 29th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $600.00 target price on shares of MKS in a report on Monday, August 3rd. Finally, Needham & Company LLC raised their target price on shares of MKS from $360.00 to $390.00 and gave the company a "buy" rating in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $382.86.
Read Our Latest Stock Report on MKS
Insider Buying and Selling at MKS
In related news, EVP John Williams sold 457 shares of the business'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 owned 4,098 shares of the company's stock, valued at approximately $1,181,494.38. The trade was a 10.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Elizabeth Mora sold 300 shares of MKS stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $250.96, for a total transaction of $75,288.00. Following the sale, the director owned 18,845 shares in the company, valued at approximately $4,729,341.20. This trade represents a 1.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 10,757 shares of company stock worth $3,227,146 over the last 90 days. 0.57% of the stock is currently owned by corporate insiders.
MKS Company Profile
(
Free Report)
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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