Rhumbline Advisers Sells 1,182 Shares of MKS Inc. $MKSI

Rhumbline Advisers lowered its position in shares of MKS Inc. (NASDAQ:MKSIFree Report) by 0.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 186,625 shares of the scientific and technical instruments company’s stock after selling 1,182 shares during the quarter. Rhumbline Advisers’ holdings in MKS were worth $18,543,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Price T Rowe Associates Inc. MD raised its holdings in shares of MKS by 5.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,515,373 shares of the scientific and technical instruments company’s stock valued at $281,758,000 after buying an additional 173,945 shares in the last quarter. Wellington Management Group LLP grew its position in MKS by 41.8% during the first quarter. Wellington Management Group LLP now owns 3,250,085 shares of the scientific and technical instruments company’s stock valued at $260,494,000 after acquiring an additional 958,607 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of MKS by 2.9% in the 2nd quarter. Geode Capital Management LLC now owns 1,258,108 shares of the scientific and technical instruments company’s stock worth $125,025,000 after acquiring an additional 35,065 shares during the last quarter. Cooke & Bieler LP boosted its stake in shares of MKS by 18.1% in the 2nd quarter. Cooke & Bieler LP now owns 1,227,185 shares of the scientific and technical instruments company’s stock valued at $121,933,000 after purchasing an additional 188,240 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of MKS by 7.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 718,239 shares of the scientific and technical instruments company’s stock valued at $57,567,000 after purchasing an additional 51,836 shares during the last quarter. 99.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

MKSI has been the topic of a number of analyst reports. Mizuho set a $175.00 target price on shares of MKS in a research report on Thursday, November 6th. Deutsche Bank Aktiengesellschaft set a $175.00 target price on MKS and gave the company a “buy” rating in a research note on Friday, October 31st. Zacks Research lowered MKS from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. The Goldman Sachs Group lifted their price target on MKS from $92.00 to $125.00 and gave the stock a “sell” rating in a research note on Thursday, October 9th. Finally, Morgan Stanley reissued an “overweight” rating and set a $151.00 price objective on shares of MKS in a research note on Monday, October 13th. Nine equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $159.64.

View Our Latest Report on MKS

Insider Activity at MKS

In other MKS news, Director Jacqueline F. Moloney sold 300 shares of MKS stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $122.14, for a total transaction of $36,642.00. Following the sale, the director directly owned 11,562 shares of the company’s stock, valued at approximately $1,412,182.68. The trade was a 2.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP David Philip Henry sold 5,000 shares of the stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $130.00, for a total value of $650,000.00. Following the completion of the transaction, the executive vice president directly owned 15,571 shares of the company’s stock, valued at $2,024,230. This represents a 24.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 5,600 shares of company stock worth $716,597 over the last 90 days. 0.57% of the stock is owned by company insiders.

MKS Trading Up 4.4%

NASDAQ MKSI opened at $158.74 on Friday. The stock has a market cap of $10.66 billion, a P/E ratio of 40.29, a price-to-earnings-growth ratio of 1.63 and a beta of 2.00. MKS Inc. has a fifty-two week low of $54.84 and a fifty-two week high of $160.18. The stock has a 50 day simple moving average of $139.48 and a two-hundred day simple moving average of $113.21. The company has a debt-to-equity ratio of 1.71, a quick ratio of 1.88 and a current ratio of 2.99.

MKS (NASDAQ:MKSIGet Free Report) last announced its earnings results on Wednesday, November 5th. The scientific and technical instruments company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.13. MKS had a return on equity of 20.65% and a net margin of 7.11%.The company had revenue of $988.00 million during the quarter, compared to the consensus estimate of $963.87 million. During the same quarter in the prior year, the company earned $1.72 earnings per share. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. MKS has set its Q4 2025 guidance at 1.930-2.610 EPS. On average, analysts forecast that MKS Inc. will post 6.94 earnings per share for the current year.

MKS Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Monday, November 24th will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, November 24th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.6%. MKS’s payout ratio is presently 21.36%.

MKS Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for MKS (NASDAQ:MKSI)

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