PNC Financial Services Group Inc. boosted its holdings in shares of MKS Inc. (NASDAQ:MKSI – Free Report) by 30.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,004 shares of the scientific and technical instruments company’s stock after acquiring an additional 2,337 shares during the quarter. PNC Financial Services Group Inc.’s holdings in MKS were worth $1,599,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MKSI. USA Financial Formulas purchased a new stake in shares of MKS in the 4th quarter valued at $26,000. Smartleaf Asset Management LLC raised its holdings in shares of MKS by 74.5% in the 3rd quarter. Smartleaf Asset Management LLC now owns 260 shares of the scientific and technical instruments company’s stock valued at $32,000 after buying an additional 111 shares during the period. Danske Bank A S purchased a new stake in shares of MKS in the 3rd quarter valued at $37,000. Winnow Wealth LLC purchased a new stake in shares of MKS in the 3rd quarter valued at $38,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of MKS by 118.9% in the 4th quarter. Farther Finance Advisors LLC now owns 348 shares of the scientific and technical instruments company’s stock valued at $56,000 after buying an additional 189 shares during the period. Institutional investors and hedge funds own 99.79% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the company. Wells Fargo & Company boosted their price objective on MKS from $255.00 to $300.00 and gave the company an “equal weight” rating in a report on Friday, May 8th. Wall Street Zen downgraded MKS from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 23rd. TD Cowen reiterated a “buy” rating on shares of MKS in a report on Thursday, May 7th. Citigroup boosted their price objective on MKS from $290.00 to $355.00 and gave the company a “buy” rating in a report on Friday, May 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $380.00 price objective on shares of MKS in a report on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $324.92.
MKS Trading Down 1.8%
MKSI opened at $328.01 on Thursday. MKS Inc. has a 12 month low of $80.22 and a 12 month high of $339.00. The stock has a market capitalization of $22.16 billion, a price-to-earnings ratio of 68.62, a PEG ratio of 1.21 and a beta of 1.98. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.11 and a quick ratio of 0.70. The business has a fifty day moving average price of $272.77 and a 200 day moving average price of $222.56.
MKS (NASDAQ:MKSI – Get Free Report) last released its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $2.30 EPS for the quarter, topping the consensus estimate of $2.00 by $0.30. MKS had a return on equity of 21.49% and a net margin of 8.06%.The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.05 billion. During the same period in the previous year, the firm posted $1.71 EPS. MKS’s revenue for the quarter was up 15.2% on a year-over-year basis. MKS has set its Q2 2026 guidance at 2.600-3.200 EPS. Sell-side analysts expect that MKS Inc. will post 11.54 earnings per share for the current fiscal year.
MKS Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Wednesday, June 3rd will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, June 3rd. MKS’s payout ratio is presently 20.92%.
Insider Activity
In other MKS news, EVP David Philip Henry sold 2,500 shares of MKS stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $330.50, for a total transaction of $826,250.00. Following the completion of the sale, the executive vice president directly owned 16,341 shares of the company’s stock, valued at $5,400,700.50. The trade was a 13.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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, May 22nd. The stock was sold at an average price of $315.48, for a total value of $3,154,800.00. Following the sale, the chief executive officer directly owned 144,696 shares of the company’s stock, valued at $45,648,694.08. This trade represents a 6.46% decrease in their ownership of the stock. 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 sold a total of 34,623 shares of company stock worth $10,473,993 over the last three months. Company insiders own 0.57% of the company’s stock.
About MKS
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.
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