MKS Instruments, Inc. (NASDAQ:MKSI) Shares Bought by Silvercrest Asset Management Group LLC

Silvercrest Asset Management Group LLC raised its position in shares of MKS Instruments, Inc. (NASDAQ:MKSI - Free Report) by 4.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 259,831 shares of the scientific and technical instruments company's stock after purchasing an additional 11,779 shares during the quarter. Silvercrest Asset Management Group LLC owned 0.39% of MKS Instruments worth $27,124,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in MKSI. Steward Partners Investment Advisory LLC lifted its position in MKS Instruments by 68.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 263 shares of the scientific and technical instruments company's stock worth $27,000 after buying an additional 107 shares during the last quarter. TD Private Client Wealth LLC bought a new position in MKS Instruments during the fourth quarter valued at $39,000. Blue Trust Inc. increased its position in MKS Instruments by 424.1% during the fourth quarter. Blue Trust Inc. now owns 414 shares of the scientific and technical instruments company's stock valued at $45,000 after acquiring an additional 335 shares during the last quarter. Harvest Fund Management Co. Ltd increased its position in MKS Instruments by 24,900.0% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 500 shares of the scientific and technical instruments company's stock valued at $52,000 after acquiring an additional 498 shares during the last quarter. Finally, UMB Bank n.a. increased its position in MKS Instruments by 63.9% during the fourth quarter. UMB Bank n.a. now owns 572 shares of the scientific and technical instruments company's stock valued at $60,000 after acquiring an additional 223 shares during the last quarter. Hedge funds and other institutional investors own 99.79% of the company's stock.

MKS Instruments Stock Up 1.2%

Shares of NASDAQ:MKSI traded up $1.10 during trading on Tuesday, reaching $89.56. The stock had a trading volume of 714,343 shares, compared to its average volume of 1,054,459. MKS Instruments, Inc. has a one year low of $54.84 and a one year high of $147.40. The company has a market capitalization of $6.04 billion, a P/E ratio of 31.99, a PEG ratio of 1.02 and a beta of 1.80. The company has a current ratio of 3.19, a quick ratio of 2.04 and a debt-to-equity ratio of 1.93. The firm's 50-day simple moving average is $76.60 and its 200 day simple moving average is $96.71.

MKS Instruments (NASDAQ:MKSI - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The scientific and technical instruments company reported $1.71 earnings per share for the quarter, beating analysts' consensus estimates of $1.42 by $0.29. MKS Instruments had a net margin of 5.30% and a return on equity of 18.94%. The business had revenue of $936.00 million for the quarter, compared to analysts' expectations of $913.59 million. During the same period last year, the business earned $1.18 EPS. The company's revenue was up 7.8% compared to the same quarter last year. As a group, research analysts expect that MKS Instruments, Inc. will post 6.94 EPS for the current fiscal year.

MKS Instruments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Tuesday, May 27th will be issued a $0.22 dividend. The ex-dividend date is Tuesday, May 27th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.98%. MKS Instruments's dividend payout ratio is currently 26.27%.

Insiders Place Their Bets

In other MKS Instruments news, Director Elizabeth Mora sold 275 shares of MKS Instruments stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $92.46, for a total transaction of $25,426.50. Following the completion of the sale, the director now directly owns 17,384 shares in the company, valued at approximately $1,607,324.64. The trade was a 1.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.57% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have weighed in on MKSI. Cantor Fitzgerald reiterated an "overweight" rating and set a $140.00 price objective on shares of MKS Instruments in a research report on Thursday, February 13th. Needham & Company LLC decreased their target price on MKS Instruments from $145.00 to $140.00 and set a "buy" rating for the company in a research report on Friday, May 9th. Benchmark decreased their price objective on MKS Instruments from $142.00 to $135.00 and set a "buy" rating for the company in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft upgraded MKS Instruments from a "hold" rating to a "buy" rating and set a $110.00 price objective for the company in a report on Tuesday. Finally, Morgan Stanley lifted their price objective on MKS Instruments from $85.00 to $93.00 and gave the company an "overweight" rating in a report on Friday, May 9th. Two equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $134.33.

MKS Instruments Company Profile

MKS Instruments, Inc provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, Germany, China, South Korea, and internationally. It operates through Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Material Solutions Division (MSD) segments.