Edgestream Partners L.P. Has $9.81 Million Position in MKS Inc. $MKSI

Edgestream Partners L.P. cut its holdings in MKS Inc. (NASDAQ:MKSI) by 27.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,701 shares of the scientific and technical instruments company’s stock after selling 16,180 shares during the period. Edgestream Partners L.P.’s holdings in MKS were worth $9,813,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Anson Funds Management LP acquired a new stake in MKS during the first quarter worth approximately $3,792,000. Janus Henderson Group PLC increased its holdings in MKS by 4.5% in the first quarter. Janus Henderson Group PLC now owns 30,370 shares of the scientific and technical instruments company’s stock worth $6,983,000 after purchasing an additional 1,300 shares in the last quarter. Bull Harbor Capital LLC acquired a new position in MKS in the first quarter valued at approximately $242,000. Arkadios Wealth Advisors acquired a new position in MKS in the first quarter valued at approximately $301,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of MKS by 48.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,120 shares of the scientific and technical instruments company’s stock worth $257,000 after buying an additional 365 shares in the last quarter. 99.79% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at MKS

In other MKS news, CAO Michelle M. Mccarthy sold 2,434 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $315.23, for a total transaction of $767,269.82. Following the transaction, the chief accounting officer directly owned 2 shares in the company, valued at approximately $630.46. This trade represents a 99.92% decrease in their position. The sale 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, Director Joseph B. Donahue sold 2,100 shares of MKS stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $327.95, for a total transaction of $688,695.00. Following the transaction, the director directly owned 10,033 shares in the company, valued at $3,290,322.35. This represents a 17.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 53,949 shares of company stock valued at $17,446,108 in the last three months. Insiders own 0.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MKSI. The Goldman Sachs Group reaffirmed a “sell” rating and set a $265.00 price objective on shares of MKS in a research report on Thursday, May 7th. BMO Capital Markets initiated coverage on shares of MKS in a research report on Tuesday, June 30th. They set an “outperform” rating and a $453.00 target price on the stock. Mizuho increased their target price on shares of MKS from $400.00 to $415.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 8th. Needham & Company LLC raised their price target on shares of MKS from $300.00 to $360.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Finally, Wall Street Zen downgraded shares of MKS from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, MKS has a consensus rating of “Moderate Buy” and an average target price of $385.00.

MKS Price Performance

Shares of NASDAQ MKSI opened at $257.61 on Thursday. MKS Inc. has a fifty-two week low of $88.49 and a fifty-two week high of $447.62. The stock has a market cap of $17.40 billion, a price-to-earnings ratio of 53.89, a PEG ratio of 0.81 and a beta of 1.93. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.70 and a current ratio of 1.11. The firm’s 50-day simple moving average is $350.46 and its 200 day simple moving average is $284.34.

MKS (NASDAQ:MKSI) last issued its quarterly earnings data on Wednesday, May 6th. The scientific and technical instruments company reported $2.30 EPS for the quarter, topping analysts’ consensus estimates of $2.00 by $0.30. The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.05 billion. MKS had a return on equity of 21.49% and a net margin of 8.06%.The company’s revenue for the quarter was up 15.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.71 EPS. MKS has set its Q2 2026 guidance at 2.600-3.200 EPS. As a group, research analysts anticipate that MKS Inc. will post 11.77 earnings per share for the current fiscal year.

MKS Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Wednesday, June 3rd were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. MKS’s payout ratio is presently 20.92%.

MKS Profile

MKS Instruments, Inc (NASDAQ: MKSI) designs, manufactures and markets technology solutions that enable advanced processes in a variety of high‐technology and industrial markets. The company’s core offerings include vacuum and gas delivery systems, pressure and flow measurement instruments, optical metrology tools, photonics subsystems and critical components for manufacturing processes. These products support the precise control and monitoring needs of semiconductor, industrial manufacturing, life and health sciences, and research applications.

The company’s product portfolio features mass flow controllers, pressure transducers, vacuum gauges, gas purity monitors, laser-based metrology systems and photonic devices such as lasers and detectors.