Cetera Trust Company N.A raised its position in MKS Inc. (NASDAQ:MKSI – Free Report) by 15.4% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 2,915 shares of the scientific and technical instruments company’s stock after acquiring an additional 390 shares during the period. Cetera Trust Company N.A’s holdings in MKS were worth $290,000 as of its most recent filing with the SEC.
A number of other large investors have also recently bought and sold shares of the company. Teacher Retirement System of Texas bought a new position in MKS in the first quarter valued at approximately $789,000. DAVENPORT & Co LLC bought a new stake in shares of MKS during the 2nd quarter worth approximately $214,000. M&T Bank Corp boosted its holdings in shares of MKS by 15.5% in the 1st quarter. M&T Bank Corp now owns 18,884 shares of the scientific and technical instruments company’s stock valued at $1,513,000 after buying an additional 2,530 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of MKS by 16.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 110,765 shares of the scientific and technical instruments company’s stock valued at $8,878,000 after buying an additional 15,482 shares during the last quarter. Finally, Jump Financial LLC bought a new position in shares of MKS in the first quarter valued at $1,257,000. Institutional investors and hedge funds own 99.79% of the company’s stock.
Insider Buying and Selling at MKS
In other news, Director Elizabeth Mora sold 300 shares of the business’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $99.85, for a total value of $29,955.00. Following the completion of the sale, the director owned 19,263 shares of the company’s stock, valued at approximately $1,923,410.55. The trade was a 1.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jacqueline F. Moloney sold 300 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $122.14, for a total transaction of $36,642.00. Following the completion of the transaction, the director owned 11,562 shares in the company, valued at $1,412,182.68. This trade represents a 2.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 5,600 shares of company stock valued at $716,597 in the last ninety days. 0.51% of the stock is currently owned by corporate insiders.
MKS Stock Performance
MKS (NASDAQ:MKSI – Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The scientific and technical instruments company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.13. The firm had revenue of $988.00 million for the quarter, compared to analysts’ expectations of $963.87 million. MKS had a net margin of 7.11% and a return on equity of 20.65%. The business’s revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.72 EPS. MKS has set its Q4 2025 guidance at 1.930-2.610 EPS. On average, sell-side analysts predict that MKS Inc. will post 6.94 earnings per share for the current year.
MKS Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Monday, November 24th will be paid a $0.22 dividend. The ex-dividend date is Monday, November 24th. This represents a $0.88 annualized dividend and a yield of 0.6%. MKS’s payout ratio is 22.34%.
Wall Street Analyst Weigh In
Several analysts have issued reports on the stock. Mizuho upped their price target on shares of MKS from $118.00 to $147.00 and gave the stock an “outperform” rating in a research report on Thursday, October 16th. Wells Fargo & Company boosted their price objective on shares of MKS from $100.00 to $108.00 and gave the stock an “equal weight” rating in a research note on Friday, August 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of MKS in a report on Wednesday, October 8th. Morgan Stanley reiterated an “overweight” rating and set a $151.00 price target on shares of MKS in a report on Monday, October 13th. Finally, Deutsche Bank Aktiengesellschaft set a $175.00 price target on MKS and gave the stock a “buy” rating in a research report on Friday, October 31st. Eight analysts have rated the stock with a Buy rating, three have given 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 a consensus price target of $137.20.
Read Our Latest Research Report on MKSI
MKS 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.
Read More
- Five stocks we like better than MKS
- How to Buy Gold Stock and Invest in Gold
- Uber Stock Pullback Looks Like a Clear Buying Opportunity
- What is a SEC Filing?
- 3 Cash-Rich Stocks With High Growth Potential Right Now
- How to Start Investing in Real Estate
- Why Vertical Aerospace Stock Could Double After This Flight Test
Want to see what other hedge funds are holding MKSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MKS Inc. (NASDAQ:MKSI – Free Report).
Receive News & Ratings for MKS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MKS and related companies with MarketBeat.com's FREE daily email newsletter.
