Sierra Summit Advisors LLC Takes Position in MKS Inc. $MKSI

Sierra Summit Advisors LLC purchased a new stake in MKS Inc. (NASDAQ:MKSI) during the first quarter, Holdings Channel.com reports. The firm purchased 4,879 shares of the scientific and technical instruments company’s stock, valued at approximately $1,121,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Trust Inc. grew its holdings in MKS by 1.1% in the first quarter. Blue Trust Inc. now owns 4,274 shares of the scientific and technical instruments company’s stock worth $982,000 after purchasing an additional 47 shares during the last quarter. Covestor Ltd lifted its holdings in shares of MKS by 14.7% in the 4th quarter. Covestor Ltd now owns 390 shares of the scientific and technical instruments company’s stock valued at $63,000 after buying an additional 50 shares during the period. Daiwa Securities Group Inc. boosted its holdings in MKS by 10.4% during the fourth quarter. Daiwa Securities Group Inc. now owns 530 shares of the scientific and technical instruments company’s stock worth $85,000 after buying an additional 50 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in MKS by 1.3% in the fourth quarter. Quadrant Capital Group LLC now owns 4,335 shares of the scientific and technical instruments company’s stock valued at $693,000 after purchasing an additional 55 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of MKS by 6.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 898 shares of the scientific and technical instruments company’s stock worth $144,000 after purchasing an additional 58 shares in the last quarter. Hedge funds and other institutional investors own 99.79% of the company’s stock.

MKS Stock Down 11.1%

Shares of NASDAQ:MKSI opened at $365.56 on Friday. MKS Inc. has a twelve month low of $88.49 and a twelve month high of $447.62. The company has a current ratio of 1.11, a quick ratio of 0.70 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $24.69 billion, a PE ratio of 76.48, a P/E/G ratio of 1.17 and a beta of 1.93. The firm has a 50 day simple moving average of $333.65 and a 200-day simple moving average of $261.05.

MKS (NASDAQ:MKSI) last announced its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $2.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.00 by $0.30. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.05 billion. MKS had a return on equity of 21.49% and a net margin of 8.06%.The business’s revenue was up 15.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.71 EPS. MKS has set its Q2 2026 guidance at 2.600-3.200 EPS. On average, equities analysts predict that MKS Inc. will post 11.73 EPS for the current fiscal year.

MKS Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Wednesday, June 3rd were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.3%. MKS’s dividend payout ratio (DPR) is currently 20.92%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on MKSI. Cantor Fitzgerald upped their price objective on shares of MKS from $400.00 to $600.00 and gave the company an “overweight” rating in a research note on Monday. TD Cowen reiterated a “buy” rating on shares of MKS in a report on Thursday, May 7th. Morgan Stanley increased their target price on shares of MKS from $354.00 to $374.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Wells Fargo & Company raised their price target on MKS from $255.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Friday, May 8th. Finally, BMO Capital Markets assumed coverage on shares of MKS in a report on Tuesday. They issued an “outperform” rating and a $453.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $374.07.

Insider Buying and Selling

In other news, EVP David Philip Henry sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $330.50, for a total value of $826,250.00. Following the transaction, the executive vice president owned 16,341 shares of the company’s stock, valued at approximately $5,400,700.50. The trade was a 13.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ramakumar Mayampurath sold 8,810 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $315.48, for a total transaction of $2,779,378.80. Following the completion of the transaction, the chief financial officer directly owned 1 shares in the company, valued at $315.48. This represents a 99.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 53,949 shares of company stock worth $17,446,108. 0.57% of the stock is currently owned by insiders.

MKS Company 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.