MKS Instruments, Inc. (NASDAQ:MKSI) VP John R. Abrams sold 9,831 shares of MKS Instruments stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $114.94, for a total transaction of $1,129,975.14. Following the transaction, the vice president now directly owns 1 shares in the company, valued at $114.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of MKS Instruments, Inc. (MKSI) opened at $112.75 on Friday. The stock has a market cap of $6,059.27, a P/E ratio of 18.30, a PEG ratio of 1.10 and a beta of 1.04. MKS Instruments, Inc. has a 52 week low of $64.45 and a 52 week high of $116.55. The company has a quick ratio of 3.06, a current ratio of 4.21 and a debt-to-equity ratio of 0.25.
MKS Instruments (NASDAQ:MKSI) last released its quarterly earnings results on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The business had revenue of $512.00 million for the quarter, compared to the consensus estimate of $500.22 million. MKS Instruments had a net margin of 17.70% and a return on equity of 22.51%. The business’s revenue was up 26.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.05 EPS. sell-side analysts anticipate that MKS Instruments, Inc. will post 7.6 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Monday, February 26th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date of this dividend is Friday, February 23rd. MKS Instruments’s dividend payout ratio (DPR) is 11.69%.
A number of brokerages have commented on MKSI. BidaskClub downgraded shares of MKS Instruments from a “buy” rating to a “hold” rating in a research note on Thursday, January 11th. ValuEngine downgraded shares of MKS Instruments from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. KeyCorp reaffirmed a “buy” rating on shares of MKS Instruments in a research note on Friday, February 2nd. Dougherty & Co reaffirmed a “buy” rating on shares of MKS Instruments in a research note on Sunday, February 4th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $133.00 target price on shares of MKS Instruments in a research note on Thursday, February 1st. Six equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. MKS Instruments presently has an average rating of “Buy” and a consensus price target of $116.60.
Institutional investors have recently added to or reduced their stakes in the company. OxFORD Asset Management LLP purchased a new stake in shares of MKS Instruments in the 3rd quarter valued at approximately $570,000. Prudential Financial Inc. raised its stake in shares of MKS Instruments by 237.7% in the 3rd quarter. Prudential Financial Inc. now owns 360,782 shares of the scientific and technical instruments company’s stock valued at $34,076,000 after acquiring an additional 253,949 shares during the period. Rothschild Asset Management Inc. purchased a new stake in shares of MKS Instruments in the 3rd quarter valued at approximately $24,693,000. Bessemer Group Inc. purchased a new stake in shares of MKS Instruments in the 3rd quarter valued at approximately $331,000. Finally, Columbus Circle Investors raised its stake in shares of MKS Instruments by 29.5% in the 3rd quarter. Columbus Circle Investors now owns 388,137 shares of the scientific and technical instruments company’s stock valued at $36,660,000 after acquiring an additional 88,425 shares during the period. 93.92% of the stock is currently owned by institutional investors and hedge funds.
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MKS Instruments Company Profile
MKS Instruments, Inc is a global provider of instruments, subsystems and process control solutions that measures, controls, powers, delivers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates through two segments, including the Vacuum & Analysis segment and the Light & Motion segment.
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