Fideuram Intesa Sanpaolo Private Banking S.P.A. Makes New Investment in MKS Inc. $MKSI

Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in MKS Inc. (NASDAQ:MKSIFree Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 2,624 shares of the scientific and technical instruments company’s stock, valued at approximately $603,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Keybank National Association OH bought a new stake in shares of MKS in the 1st quarter valued at about $301,000. Root Financial Partners LLC grew its holdings in MKS by 93.6% during the first quarter. Root Financial Partners LLC now owns 273 shares of the scientific and technical instruments company’s stock worth $63,000 after purchasing an additional 132 shares during the period. Pictet Asset Management Holding SA increased its position in MKS by 6.4% during the first quarter. Pictet Asset Management Holding SA now owns 10,903 shares of the scientific and technical instruments company’s stock worth $2,506,000 after buying an additional 656 shares during the last quarter. GHP Investment Advisors Inc. increased its position in MKS by 6.2% during the first quarter. GHP Investment Advisors Inc. now owns 50,487 shares of the scientific and technical instruments company’s stock worth $11,602,000 after buying an additional 2,926 shares during the last quarter. Finally, Louisiana State Employees Retirement System bought a new stake in MKS in the first quarter valued at approximately $4,481,000. Institutional investors own 99.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of MKS in a research report on Tuesday, April 21st. Cantor Fitzgerald boosted their target price on MKS from $400.00 to $600.00 and gave the stock an “overweight” rating in a report on Monday, June 29th. KeyCorp increased their price target on MKS from $360.00 to $475.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $380.00 price target on shares of MKS in a report on Friday, May 8th. Finally, Mizuho set a $400.00 price objective on shares of MKS in a report on Wednesday, May 27th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $374.07.

Get Our Latest Stock Analysis on MKSI

MKS Price Performance

Shares of MKSI opened at $365.56 on Friday. MKS Inc. has a 12 month low of $88.49 and a 12 month high of $447.62. The firm’s 50 day moving average is $335.39 and its 200-day moving average is $261.78. The stock has a market capitalization of $24.69 billion, a PE ratio of 76.48, a P/E/G ratio of 1.04 and a beta of 1.93. The company has a current ratio of 1.11, a quick ratio of 0.70 and a debt-to-equity ratio of 0.94.

MKS (NASDAQ:MKSIGet Free Report) last issued 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 the consensus estimate of $2.00 by $0.30. The business 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 firm’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.71 earnings per share. MKS has set its Q2 2026 guidance at 2.600-3.200 EPS. Equities research analysts forecast that MKS Inc. will post 11.73 EPS for the current year.

MKS Announces Dividend

The business 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 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Wednesday, June 3rd. MKS’s dividend payout ratio is presently 20.92%.

Insider Activity

In related news, CEO John Tseng-Chung Lee sold 10,000 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $315.48, for a total value of $3,154,800.00. Following the completion of the transaction, the chief executive officer owned 144,696 shares of the company’s stock, valued at $45,648,694.08. The trade was a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 dated Tuesday, May 26th. The stock was sold at an average price of $330.50, for a total transaction of $826,250.00. Following the sale, the executive vice president directly owned 16,341 shares of the company’s stock, valued at $5,400,700.50. This represents a 13.27% 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 quarter, insiders sold 53,949 shares of company stock worth $17,446,108. 0.57% of the stock is owned by insiders.

About MKS

(Free Report)

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.

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Institutional Ownership by Quarter for MKS (NASDAQ:MKSI)

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