Trillium Asset Management LLC Invests $5.04 Million in MKS Inc. $MKSI

Trillium Asset Management LLC acquired a new stake in shares of MKS Inc. (NASDAQ:MKSI) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 11,334 shares of the scientific and technical instruments company’s stock, valued at approximately $5,042,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of MKS during the fourth quarter worth about $147,453,000. Southpoint Capital Advisors LP acquired a new position in shares of MKS in the 4th quarter valued at approximately $95,880,000. Westfield Capital Management Co. LP increased its stake in MKS by 159.7% during the 4th quarter. Westfield Capital Management Co. LP now owns 839,773 shares of the scientific and technical instruments company’s stock worth $134,196,000 after purchasing an additional 516,409 shares in the last quarter. Millennium Management LLC increased its stake in MKS by 9,165.9% during the 3rd quarter. Millennium Management LLC now owns 446,248 shares of the scientific and technical instruments company’s stock worth $55,232,000 after purchasing an additional 441,432 shares in the last quarter. Finally, Rafferty Asset Management LLC raised its holdings in MKS by 63.4% during the 2nd quarter. Rafferty Asset Management LLC now owns 878,114 shares of the scientific and technical instruments company’s stock worth $87,249,000 after buying an additional 340,645 shares during the period. 99.79% of the stock is currently owned by institutional investors.

MKS Stock Up 0.1%

Shares of MKSI stock opened at $281.88 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.85. MKS Inc. has a 1 year low of $97.50 and a 1 year high of $447.62. The firm’s fifty day moving average price is $343.48 and its two-hundred day moving average price is $294.36. The firm has a market capitalization of $19.06 billion, a P/E ratio of 44.96, a PEG ratio of 0.60 and a beta of 1.98.

MKS (NASDAQ:MKSI) last posted its quarterly earnings data on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 EPS for the quarter, topping analysts’ consensus estimates of $2.91 by $0.39. The company had revenue of $1.25 billion during 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 company’s quarterly revenue was up 28.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.77 EPS. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. On average, equities analysts predict that MKS Inc. will post 12.96 EPS for the current fiscal year.

MKS Announces Dividend

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

Insider Activity

In other news, Director Gerald G. Colella sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $333.40, for a total transaction of $6,668,000.00. Following the sale, the director owned 20,017 shares in the company, valued at $6,673,667.80. This represents a 49.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David Philip Henry sold 2,500 shares of the company’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 sale, the executive vice president owned 16,341 shares in the company, valued at approximately $5,400,700.50. This represents a 13.27% 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. In the last ninety days, insiders sold 37,491 shares of company stock valued at $12,102,072. Corporate insiders own 0.57% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft set a $360.00 price objective on shares of MKS in a research report on Friday, July 31st. Citigroup lifted their price target on MKS from $425.00 to $430.00 and gave the company a “buy” rating in a research note on Friday, August 7th. The Goldman Sachs Group reiterated a “sell” rating and set a $265.00 price objective on shares of MKS in a report on Thursday, May 7th. KeyCorp lifted their target price on MKS from $360.00 to $475.00 and gave the company an “overweight” rating in a research report on Monday, June 29th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $600.00 target price on shares of MKS in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $385.00.

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.