M&T Bank Corp increased its holdings in MKS Inc. (NASDAQ:MKSI – Free Report) by 37.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,049 shares of the scientific and technical instruments company’s stock after acquiring an additional 7,165 shares during the period. M&T Bank Corp’s holdings in MKS were worth $2,588,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in MKSI. Wellington Management Group LLP increased its holdings in MKS by 41.8% during the 1st quarter. Wellington Management Group LLP now owns 3,250,085 shares of the scientific and technical instruments company’s stock worth $260,494,000 after purchasing an additional 958,607 shares in the last quarter. Norges Bank purchased a new position in shares of MKS during the second quarter valued at approximately $85,391,000. Leith Wheeler Investment Counsel Ltd. grew its holdings in MKS by 843.4% during the second quarter. Leith Wheeler Investment Counsel Ltd. now owns 690,287 shares of the scientific and technical instruments company’s stock worth $68,587,000 after buying an additional 617,113 shares in the last quarter. Channing Capital Management LLC purchased a new stake in MKS in the 1st quarter valued at $44,320,000. Finally, Kodai Capital Management LP lifted its stake in MKS by 138.3% during the 1st quarter. Kodai Capital Management LP now owns 708,021 shares of the scientific and technical instruments company’s stock valued at $56,748,000 after acquiring an additional 410,865 shares in the last quarter. Institutional investors own 99.79% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the stock. Wall Street Zen upgraded shares of MKS from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 20th. Citigroup upped their price objective on shares of MKS from $122.00 to $185.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. KeyCorp lifted their target price on shares of MKS from $160.00 to $180.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. Zacks Research lowered MKS from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 26th. Finally, Needham & Company LLC increased their price target on MKS from $136.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Nine equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, MKS has an average rating of “Moderate Buy” and an average price target of $159.64.
Insider Buying and Selling at MKS
In other MKS news, Director Elizabeth Mora sold 300 shares of the stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $158.81, for a total transaction of $47,643.00. Following the completion of the transaction, the director owned 18,963 shares in the company, valued at $3,011,514.03. This trade represents a 1.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jacqueline F. Moloney sold 300 shares of the business’s stock in a transaction that occurred on 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 sale, the director directly owned 11,562 shares in the company, valued at approximately $1,412,182.68. This trade represents a 2.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 5,600 shares of company stock valued at $734,285 over the last three months. 0.57% of the stock is currently owned by insiders.
MKS Trading Down 0.3%
NASDAQ:MKSI opened at $162.94 on Friday. MKS Inc. has a 12 month low of $54.84 and a 12 month high of $165.95. The company has a current ratio of 2.86, a quick ratio of 1.81 and a debt-to-equity ratio of 1.64. The firm’s 50 day moving average is $143.12 and its 200 day moving average is $115.63. The stock has a market capitalization of $10.94 billion, a PE ratio of 39.55, a price-to-earnings-growth ratio of 1.75 and a beta of 1.93.
MKS (NASDAQ:MKSI – Get Free Report) last released its earnings results on Wednesday, November 5th. The scientific and technical instruments company reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.13. The business had revenue of $988.00 million during the quarter, compared to the consensus estimate of $963.87 million. MKS had a return on equity of 20.80% and a net margin of 7.25%.The business’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period last year, the business posted $1.72 earnings per share. MKS has set its Q4 2025 guidance at 1.930-2.610 EPS. Sell-side analysts expect that MKS Inc. will post 6.94 earnings per share for the current year.
MKS Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Investors of record on Monday, November 24th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, November 24th. MKS’s payout ratio is currently 21.36%.
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.
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