Alpine Global Management LLC Buys New Shares in MKS Inc. $MKSI

Alpine Global Management LLC purchased a new stake in shares of MKS Inc. (NASDAQ:MKSI) during the fourth quarter, Holdings Channel reports. The firm purchased 4,000 shares of the scientific and technical instruments company’s stock, valued at approximately $639,000.

Several other hedge funds have also recently added to or reduced their stakes in MKSI. Norges Bank purchased a new position in shares of MKS in the 4th quarter worth about $147,453,000. Southpoint Capital Advisors LP purchased a new position in MKS in the 4th quarter worth $95,880,000. Westfield Capital Management Co. LP raised its position in MKS by 159.7% in 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 during the period. Millennium Management LLC lifted its stake in MKS by 9,165.9% in the third 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 during the last quarter. Finally, Rafferty Asset Management LLC lifted its stake in MKS by 63.4% in the second quarter. Rafferty Asset Management LLC now owns 878,114 shares of the scientific and technical instruments company’s stock worth $87,249,000 after purchasing an additional 340,645 shares during the last quarter. Institutional investors own 99.79% of the company’s stock.

MKS Stock Performance

MKS stock opened at $406.37 on Friday. 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 market cap of $27.45 billion, a P/E ratio of 85.01, a P/E/G ratio of 1.32 and a beta of 1.99. MKS Inc. has a 1-year low of $88.49 and a 1-year high of $408.87. The firm has a 50-day moving average of $307.08 and a 200-day moving average of $244.09.

MKS (NASDAQ:MKSI) last announced its quarterly 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 company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.05 billion. MKS had a return on equity of 21.49% and a net margin of 8.06%.MKS’s revenue was up 15.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.71 EPS. MKS has set its Q2 2026 guidance at 2.600-3.200 EPS. Sell-side analysts expect that MKS Inc. will post 11.73 EPS for the current year.

MKS Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Wednesday, June 3rd were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $1.00 annualized dividend and a dividend yield of 0.2%. MKS’s payout ratio is 20.92%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on MKSI shares. KeyCorp raised their price objective on MKS from $310.00 to $360.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of MKS in a report on Tuesday, April 21st. Morgan Stanley boosted their target price on MKS from $354.00 to $374.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. TD Cowen restated a “buy” rating on shares of MKS in a report on Thursday, May 7th. Finally, Cantor Fitzgerald raised their price target on MKS from $300.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $324.92.

Insider Activity at MKS

In other news, EVP David Philip Henry sold 2,500 shares of MKS stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $330.50, for a total transaction of $826,250.00. Following the sale, 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 position. The sale 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, EVP Kathleen Flaherty Burke sold 4,355 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $319.94, for a total transaction of $1,393,338.70. Following the transaction, the executive vice president owned 49,439 shares in the company, valued at $15,817,513.66. This represents a 8.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 53,949 shares of company stock valued at $17,446,108 over the last 90 days. Company insiders own 0.57% of the company’s stock.

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.