MKS Inc. $MKSI Holdings Lifted by Hiddenite Capital Partners LP

Hiddenite Capital Partners LP lifted its stake in shares of MKS Inc. (NASDAQ:MKSI) by 52.5% in the 3rd quarter, Holdings Channel reports. The fund owned 45,000 shares of the scientific and technical instruments company’s stock after acquiring an additional 15,500 shares during the quarter. MKS accounts for approximately 2.1% of Hiddenite Capital Partners LP’s investment portfolio, making the stock its 15th biggest position. Hiddenite Capital Partners LP’s holdings in MKS were worth $11,941,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Bank of America Corp DE acquired a new stake in shares of MKS during the second quarter worth $231,673,000. Madison Asset Management LLC acquired a new position in MKS in the 2nd quarter worth $140,866,000. TimesSquare Capital Management LLC acquired a new position in MKS in the 2nd quarter worth $128,303,000. Assenagon Asset Management S.A. increased its holdings in MKS by 1,742.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 442,273 shares of the scientific and technical instruments company’s stock worth $117,362,000 after purchasing an additional 418,264 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new position in MKS during the 2nd quarter worth about $77,043,000. Institutional investors own 99.79% of the company’s stock.

Insider Activity

In other news, CEO John Tseng-Chung Lee sold 10,000 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $302.01, for a total transaction of $3,020,100.00. Following the completion of the transaction, the chief executive officer directly owned 134,776 shares in the company, valued at $40,703,699.76. This represents a 6.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Elizabeth Mora sold 300 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $250.96, for a total value of $75,288.00. Following the completion of the transaction, the director owned 18,845 shares of the company’s stock, valued at $4,729,341.20. The trade was a 1.57% 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. Insiders own 0.57% of the company’s stock.

MKS Stock Performance

Shares of MKSI stock opened at $196.54 on Tuesday. MKS Inc. has a 12 month low of $134.74 and a 12 month high of $447.62. The company’s fifty day simple moving average is $246.40 and its 200-day simple moving average is $277.22. The firm has a market cap of $13.29 billion, a PE ratio of 31.35, a P/E/G ratio of 0.46 and a beta of 2.03. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.85.

MKS (NASDAQ:MKSI) last released its earnings results on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 earnings per share for the quarter, beating analysts’ consensus estimates of $2.91 by $0.39. MKS had a net margin of 10.15% and a return on equity of 24.72%. The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter last year, the firm earned $1.77 earnings per share. The firm’s revenue for the quarter was up 28.3% compared to the same quarter last year. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. Equities research analysts expect that MKS Inc. will post 13.14 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on MKSI. 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. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $600.00 price objective on shares of MKS in a research report on Monday, August 3rd. Morgan Stanley decreased their price objective on MKS from $345.00 to $330.00 and set an “overweight” rating for the company in a report on Monday, October 26th. Mizuho decreased their price objective on MKS from $360.00 to $330.00 and set an “outperform” rating for the company in a report on Tuesday, August 25th. Finally, Weiss Ratings lowered MKS from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, September 28th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, MKS currently has a consensus rating of “Moderate Buy” and an average target price of $374.86.

About MKS

MKS Instruments, Inc (NASDAQ: MKSI) develops technologies that enable precision control and measurement in manufacturing and research environments. The company provides instruments, components, systems and process-control solutions used to measure and control pressure, flow, vacuum, gas delivery, temperature and other critical production conditions.

Its product portfolio includes vacuum solutions, pressure and flow-control instruments, gas and vapor delivery systems, plasma and reactive-gas technologies, power delivery systems, process-monitoring equipment, analytical instruments and materials-characterization tools.