California State Teachers Retirement System lifted its holdings in MKS Inc. (NASDAQ:MKSI - Free Report) by 21.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 77,734 shares of the scientific and technical instruments company's stock after acquiring an additional 13,880 shares during the period. California State Teachers Retirement System owned 0.12% of MKS worth $17,864,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in MKSI. Global Retirement Partners LLC increased its position 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 valued at $26,000 after purchasing an additional 140 shares during the last quarter. IFP Advisors Inc raised its holdings in MKS by 616.7% during the 4th quarter. IFP Advisors Inc now owns 172 shares of the scientific and technical instruments company's stock valued at $27,000 after buying an additional 148 shares during the period. Danske Bank A S purchased a new stake in MKS during the 3rd quarter valued at $37,000. CIBC Private Wealth Group LLC lifted its position in MKS by 55.2% in the fourth quarter. CIBC Private Wealth Group LLC now owns 256 shares of the scientific and technical instruments company's stock worth $41,000 after buying an additional 91 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in MKS in the fourth quarter worth $41,000. Hedge funds and other institutional investors own 99.79% of the company's stock.
Insider Activity
In other MKS news, EVP David Philip Henry sold 2,500 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $330.50, for a total transaction of $826,250.00. Following the sale, the executive vice president owned 16,341 shares of the company's stock, valued at approximately $5,400,700.50. This trade represents a 13.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John Tseng-Chung Lee sold 10,000 shares of MKS stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $315.48, for a total value of $3,154,800.00. Following the completion of the transaction, the chief executive officer owned 144,696 shares in the company, valued at $45,648,694.08. This represents a 6.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 53,949 shares of company stock valued at $17,446,108. 0.57% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
MKSI has been the topic of a number of analyst reports. Morgan Stanley boosted their price objective on shares of MKS from $374.00 to $442.00 and gave the company an "overweight" rating in a research report on Monday, July 6th. JPMorgan Chase & Co. raised their target price on shares of MKS from $305.00 to $365.00 and gave the stock an "overweight" rating in a report on Friday, May 8th. Weiss Ratings restated a "hold (c)" rating on shares of MKS in a report on Friday, July 17th. Cantor Fitzgerald lifted their price target on shares of MKS from $400.00 to $600.00 and gave the stock an "overweight" rating in a research note on Monday, June 29th. Finally, TD Cowen reiterated a "buy" rating on shares of MKS in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $383.57.
View Our Latest Stock Analysis on MKSI
MKS Price Performance
Shares of MKSI stock opened at $297.45 on Monday. MKS Inc. has a twelve month low of $88.49 and a twelve month high of $447.62. The company has a current ratio of 1.11, a quick ratio of 0.70 and a debt-to-equity ratio of 0.94. The stock has a fifty day simple moving average of $349.60 and a two-hundred day simple moving average of $285.88. The stock has a market capitalization of $20.09 billion, a price-to-earnings ratio of 62.23, a P/E/G ratio of 0.84 and a beta of 1.98.
MKS (NASDAQ:MKSI - Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The scientific and technical instruments company reported $2.30 earnings per share for the quarter, beating the consensus estimate of $2.00 by $0.30. MKS had a return on equity of 21.49% and a net margin of 8.06%.The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same period in the previous year, the company posted $1.71 earnings per share. The firm's quarterly revenue was up 15.2% on a year-over-year basis. MKS has set its Q2 2026 guidance at 2.600-3.200 EPS. On average, analysts predict that MKS Inc. will post 11.81 EPS for the current fiscal year.
MKS Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Wednesday, June 3rd were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, June 3rd. MKS's dividend payout ratio is presently 20.92%.
About MKS
(
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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