MKS Inc. $MKSI Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System trimmed its position in shares of MKS Inc. (NASDAQ:MKSI) by 3.3% in the first quarter, HoldingsChannel.com reports. The fund owned 63,109 shares of the scientific and technical instruments company’s stock after selling 2,177 shares during the period. New York State Teachers Retirement System’s holdings in MKS were worth $14,503,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of MKSI. USA Financial Formulas purchased a new stake in MKS during the fourth quarter worth about $26,000. Global Retirement Partners LLC boosted its stake in shares of MKS by 560.0% in the fourth quarter. Global Retirement Partners LLC now owns 165 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 140 shares during the period. IFP Advisors Inc grew its holdings in shares of MKS by 616.7% in the fourth quarter. IFP Advisors Inc now owns 172 shares of the scientific and technical instruments company’s stock valued at $27,000 after purchasing an additional 148 shares in the last quarter. Danske Bank A S purchased a new stake in MKS during the 3rd quarter worth approximately $37,000. Finally, CIBC Private Wealth Group LLC increased its stake in MKS by 55.2% during the 4th quarter. CIBC Private Wealth Group LLC now owns 256 shares of the scientific and technical instruments company’s stock worth $41,000 after buying an additional 91 shares during the period. 99.79% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at MKS

In other MKS news, CEO John Tseng-Chung Lee sold 10,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $315.48, for a total value of $3,154,800.00. Following the transaction, the chief executive officer directly owned 144,696 shares in the company, valued at $45,648,694.08. This represents a 6.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gerald G. Colella sold 20,000 shares of the firm’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 directly owned 20,017 shares in the company, valued at approximately $6,673,667.80. The trade was a 49.98% decrease in their position. 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 have sold 53,949 shares of company stock worth $17,446,108. 0.57% of the stock is currently owned by corporate insiders.

MKS Stock Performance

Shares of MKSI stock opened at $365.56 on Monday. 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 firm has a fifty day moving average price of $335.39 and a 200 day moving average price of $262.50. The company has a market cap of $24.69 billion, a P/E ratio of 76.48, a PEG ratio of 1.04 and a beta of 1.93. MKS Inc. has a 12 month low of $88.49 and a 12 month high of $447.62.

MKS (NASDAQ:MKSI) last posted its quarterly earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $2.30 earnings per share for the quarter, beating analysts’ consensus estimates of $2.00 by $0.30. The company had revenue of $1.08 billion for 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%.MKS’s quarterly revenue was up 15.2% on a year-over-year basis. During the same period last year, the firm earned $1.71 earnings per share. MKS has set its Q2 2026 guidance at 2.600-3.200 EPS. Sell-side analysts predict that MKS Inc. will post 11.73 earnings per share for the current fiscal year.

MKS Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts have commented on MKSI shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $380.00 price target on shares of MKS in a research report on Friday, May 8th. KeyCorp increased their price objective on MKS from $360.00 to $475.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. BMO Capital Markets started coverage on MKS in a report on Tuesday, June 30th. They issued an “outperform” rating and a $453.00 target price for the company. TD Cowen restated a “buy” rating on shares of MKS in a report on Thursday, May 7th. Finally, JPMorgan Chase & Co. lifted their price objective on MKS from $305.00 to $365.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $374.07.

MKS 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.