PNC Financial Services Group Inc. Acquires 2,974 Shares of MKS Inc. $MKSI

PNC Financial Services Group Inc. boosted its holdings in shares of MKS Inc. (NASDAQ:MKSI) by 50.2% in the second quarter, Holdings Channel reports. The firm owned 8,897 shares of the scientific and technical instruments company’s stock after purchasing an additional 2,974 shares during the quarter. PNC Financial Services Group Inc.’s holdings in MKS were worth $884,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. DAVENPORT & Co LLC bought a new stake in MKS during the 2nd quarter worth about $214,000. Jump Financial LLC bought a new stake in shares of MKS during the first quarter worth approximately $1,257,000. Parallel Advisors LLC grew its stake in shares of MKS by 63.9% during the second quarter. Parallel Advisors LLC now owns 952 shares of the scientific and technical instruments company’s stock worth $95,000 after purchasing an additional 371 shares during the period. Russell Investments Group Ltd. increased its stake in shares of MKS by 8.5% in the 1st quarter. Russell Investments Group Ltd. now owns 30,985 shares of the scientific and technical instruments company’s stock valued at $2,484,000 after acquiring an additional 2,437 shares during the last quarter. Finally, Equitable Trust Co. increased its stake in MKS by 59.2% in the second quarter. Equitable Trust Co. now owns 10,677 shares of the scientific and technical instruments company’s stock valued at $1,061,000 after purchasing an additional 3,972 shares in the last quarter. 99.79% of the stock is currently owned by institutional investors.

MKS Stock Performance

Shares of NASDAQ MKSI opened at $144.00 on Friday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 1.88 and a current ratio of 2.99. The stock has a 50 day moving average price of $136.50 and a 200 day moving average price of $110.67. The stock has a market capitalization of $9.67 billion, a PE ratio of 36.55, a price-to-earnings-growth ratio of 1.63 and a beta of 2.00. MKS Inc. has a 52 week low of $54.84 and a 52 week high of $160.18.

MKS (NASDAQ:MKSI) last announced its quarterly earnings data 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 company had revenue of $988.00 million for the quarter, compared to analysts’ expectations of $963.87 million. MKS had a return on equity of 20.65% and a net margin of 7.11%.The business’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.72 EPS. MKS has set its Q4 2025 guidance at 1.930-2.610 EPS. Analysts predict that MKS Inc. will post 6.94 earnings per share for the current fiscal year.

MKS Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Monday, November 24th will be paid a $0.22 dividend. The ex-dividend date is Monday, November 24th. This represents a $0.88 dividend on an annualized basis and a yield of 0.6%. MKS’s dividend payout ratio (DPR) is currently 21.36%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Citigroup boosted their price objective on MKS from $122.00 to $185.00 and gave the company a “buy” rating in a research report on Wednesday, November 12th. Morgan Stanley restated an “overweight” rating and issued a $151.00 price target on shares of MKS in a report on Monday, October 13th. Zacks Research lowered MKS from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. Wall Street Zen raised MKS from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 20th. Finally, Wells Fargo & Company raised their price target on shares of MKS from $135.00 to $150.00 and gave the stock an “equal weight” rating in a research note on Friday, November 7th. Nine equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, MKS currently has a consensus rating of “Moderate Buy” and an average target price of $159.64.

Insider Activity

In other news, Director Elizabeth Mora sold 300 shares of the business’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $99.85, for a total transaction of $29,955.00. Following the transaction, the director directly owned 19,263 shares in the company, valued at $1,923,410.55. The trade was a 1.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP David Philip Henry sold 5,000 shares of the firm’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $130.00, for a total transaction of $650,000.00. Following the completion of the sale, the executive vice president owned 15,571 shares of the company’s stock, valued at $2,024,230. This trade represents a 24.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 5,600 shares of company stock valued at $716,597 in the last quarter. Company insiders own 0.57% of the company’s stock.

MKS 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.