Engineers Gate Manager LP Trims Stock Holdings in MKS Inc. $MKSI

Engineers Gate Manager LP lowered its position in shares of MKS Inc. (NASDAQ:MKSI) by 77.8% in the second quarter, HoldingsChannel.com reports. The fund owned 4,399 shares of the scientific and technical instruments company’s stock after selling 15,419 shares during the quarter. Engineers Gate Manager LP’s holdings in MKS were worth $1,957,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Pinnacle Wealth Management Advisory Group LLC acquired a new position in shares of MKS in the second quarter valued at about $352,000. Integrated Wealth Concepts LLC lifted its holdings in shares of MKS by 6.9% during the second quarter. Integrated Wealth Concepts LLC now owns 2,195 shares of the scientific and technical instruments company’s stock worth $976,000 after purchasing an additional 141 shares during the period. IFP Advisors Inc lifted its holdings in shares of MKS by 129.6% during the second quarter. IFP Advisors Inc now owns 434 shares of the scientific and technical instruments company’s stock worth $193,000 after purchasing an additional 245 shares during the period. Baird Financial Group Inc. boosted its position in MKS by 2.9% in the second quarter. Baird Financial Group Inc. now owns 2,252 shares of the scientific and technical instruments company’s stock valued at $1,002,000 after buying an additional 63 shares during the last quarter. Finally, Allworth Financial LP increased its holdings in MKS by 24.3% in the 2nd quarter. Allworth Financial LP now owns 1,402 shares of the scientific and technical instruments company’s stock worth $624,000 after buying an additional 274 shares during the period. Hedge funds and other institutional investors own 99.79% of the company’s stock.

MKS Price Performance

NASDAQ:MKSI opened at $231.50 on Wednesday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.14 and a quick ratio of 0.72. The company has a 50 day moving average price of $297.12 and a 200-day moving average price of $295.80. MKS Inc. has a 1-year low of $115.74 and a 1-year high of $447.62. The firm has a market cap of $15.65 billion, a price-to-earnings ratio of 36.92, a price-to-earnings-growth ratio of 0.50 and a beta of 1.98.

MKS (NASDAQ:MKSI) last announced its quarterly earnings results on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.91 by $0.39. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.20 billion. MKS had a net margin of 10.15% and a return on equity of 24.72%. The firm’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.77 earnings per share. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. Equities research analysts forecast that MKS Inc. will post 13.07 EPS for the current year.

MKS Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Tuesday, August 25th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, August 25th. MKS’s dividend payout ratio is presently 15.95%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of MKS from $365.00 to $380.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft set a $360.00 price objective on shares of MKS in a report on Friday, July 31st. KeyCorp increased their price objective on shares of MKS from $360.00 to $475.00 and gave the stock an “overweight” rating in a research note on Monday, June 29th. Cantor Fitzgerald reissued an “overweight” rating and set a $600.00 target price on shares of MKS in a report on Monday, August 3rd. Finally, Weiss Ratings upgraded shares of MKS from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $382.86.

Insider Transactions at MKS

In other news, EVP John Williams sold 457 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $288.31, for a total transaction of $131,757.67. Following the sale, the executive vice president directly owned 4,098 shares in the company, valued at $1,181,494.38. This trade represents a 10.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John Tseng-Chung Lee sold 10,000 shares of MKS stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $302.01, for a total value of $3,020,100.00. Following the completion of the transaction, the chief executive officer owned 134,776 shares of the company’s stock, valued at approximately $40,703,699.76. This represents a 6.91% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 10,757 shares of company stock valued at $3,227,146 in the last ninety days. 0.57% of the stock is currently owned by corporate insiders.

MKS Company Profile

MKS Instruments, Inc (NASDAQ: MKSI) provides instruments, systems and process-control solutions used by manufacturers and research organizations. Its technologies help measure and control pressure, flow, vacuum, gas composition, temperature and other conditions involved in advanced manufacturing and laboratory processes.

The company offers vacuum components and systems, gas and vapor delivery equipment, pressure and flow controllers, process-monitoring instruments, analytical solutions, RF and microwave power systems, plasma-generation technologies, and materials-processing equipment.