Hiddenite Capital Partners LP Acquires 15,500 Shares of MKS Inc. $MKSI

Key Points

• Hiddenite Capital Partners increased its MKS stake by 52.5% in the third quarter, acquiring 15,500 additional shares for a total of 45,000 shares valued at approximately $11.9 million.
• MKS shares were trading at $196.54, down 2.7%, and well below their 52-week high of $447.62. Institutional investors collectively own 99.79% of the company.
• MKS exceeded quarterly earnings and revenue expectations, reporting $3.30 in EPS and $1.25 billion in revenue, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $374.86.

Hiddenite Capital Partners LP raised its holdings in MKS Inc. (NASDAQ:MKSI - Free Report) by 52.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 45,000 shares of the scientific and technical instruments company's stock after acquiring an additional 15,500 shares during the quarter. MKS comprises 2.1% of Hiddenite Capital Partners LP's portfolio, making the stock its 15th largest position. Hiddenite Capital Partners LP owned approximately 0.07% of MKS worth $11,941,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Keating Financial Advisory Services Inc. bought a new stake in shares of MKS during the 2nd quarter valued at $25,000. Allied Private Wealth LLC acquired a new position in shares of MKS in the 2nd quarter valued at $33,000. Clearstead Trust LLC bought a new position in shares of MKS in the 2nd quarter worth $36,000. Ancora Advisors LLC bought a new position in shares of MKS in the 2nd quarter worth $36,000. Finally, Carolina Wealth Advisors LLC boosted its position in shares of MKS by 47.5% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 87 shares of the scientific and technical instruments company's stock worth $39,000 after purchasing an additional 28 shares during the last quarter. 99.79% of the stock is owned by institutional investors.

MKS Trading Down 2.7%

MKSI opened at $196.54 on Tuesday. The firm's fifty day moving average is $246.40 and its two-hundred day moving average is $277.22. The firm has a market cap of $13.29 billion, a PE ratio of 31.35, a price-to-earnings-growth ratio of 0.46 and a beta of 2.03. MKS Inc. has a twelve month low of $134.74 and a twelve month 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.

MKS (NASDAQ:MKSI - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 earnings per share (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 company had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the previous year, the business earned $1.77 EPS. The firm's revenue was up 28.3% on a year-over-year basis. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. Equities research analysts anticipate that MKS Inc. will post 13.14 EPS for the current year.

Insider Activity

In other MKS news, Director Elizabeth Mora sold 300 shares of the business's stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $250.96, for a total value of $75,288.00. Following the completion of the transaction, the director directly owned 18,845 shares of the company's stock, valued at approximately $4,729,341.20. The trade was a 1.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John Tseng-Chung Lee sold 10,000 shares of the business's stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $302.01, for a total value of $3,020,100.00. Following the completion of the transaction, the chief executive officer directly owned 134,776 shares of the company's stock, valued at approximately $40,703,699.76. The trade was a 6.91% 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 own 0.57% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on MKSI. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $600.00 price objective on shares of MKS in a research note on Monday, August 3rd. Mizuho cut their target price on MKS from $360.00 to $330.00 and set an "outperform" rating on the stock in a research note on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft set a $360.00 target price on MKS in a report on Friday, July 31st. Morgan Stanley reduced their target price on MKS from $345.00 to $330.00 and set an "overweight" rating on the stock in a report on Monday, October 26th. Finally, JPMorgan Chase & Co. boosted their target price on MKS from $365.00 to $380.00 and gave the stock an "overweight" rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $374.86.

MKS Company Profile

MKS Instruments, Inc NASDAQ: MKSI develops technologies that enable precision control and measurement in manufacturing and research environments. The company provides instruments, components, systems and process-control solutions used to measure and control pressure, flow, vacuum, gas delivery, temperature and other critical production conditions.

Its product portfolio includes vacuum solutions, pressure and flow-control instruments, gas and vapor delivery systems, plasma and reactive-gas technologies, power delivery systems, process-monitoring equipment, analytical instruments and materials-characterization tools.

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