MKS Instruments, Inc. (NASDAQ:MKSI) Shares Purchased by Mizuho Markets Americas LLC

Mizuho Markets Americas LLC boosted its stake in shares of MKS Instruments, Inc. (NASDAQ:MKSI - Free Report) by 57.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 278,887 shares of the scientific and technical instruments company's stock after purchasing an additional 101,439 shares during the quarter. Mizuho Markets Americas LLC owned approximately 0.41% of MKS Instruments worth $30,318,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in MKSI. AE Wealth Management LLC boosted its position in shares of MKS Instruments by 5.9% during the 2nd quarter. AE Wealth Management LLC now owns 1,659 shares of the scientific and technical instruments company's stock worth $217,000 after acquiring an additional 92 shares in the last quarter. Equitable Trust Co. boosted its position in shares of MKS Instruments by 2.2% during the 3rd quarter. Equitable Trust Co. now owns 5,035 shares of the scientific and technical instruments company's stock worth $547,000 after acquiring an additional 109 shares in the last quarter. US Bancorp DE boosted its position in shares of MKS Instruments by 2.4% during the 3rd quarter. US Bancorp DE now owns 4,942 shares of the scientific and technical instruments company's stock worth $537,000 after acquiring an additional 118 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of MKS Instruments by 62.6% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 309 shares of the scientific and technical instruments company's stock valued at $40,000 after purchasing an additional 119 shares during the period. Finally, UMB Bank n.a. boosted its position in shares of MKS Instruments by 53.7% in the 3rd quarter. UMB Bank n.a. now owns 349 shares of the scientific and technical instruments company's stock valued at $38,000 after purchasing an additional 122 shares during the period. 99.79% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at MKS Instruments

In other news, Director Jacqueline F. Moloney sold 250 shares of the firm's stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $108.90, for a total transaction of $27,225.00. Following the sale, the director now owns 10,283 shares in the company, valued at $1,119,818.70. This trade represents a 2.37 % 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. Also, Director Elizabeth Mora sold 275 shares of the firm's stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $115.97, for a total value of $31,891.75. Following the sale, the director now owns 17,934 shares in the company, valued at $2,079,805.98. This trade represents a 1.51 % decrease in their position. The disclosure for this sale can be found here. 0.46% of the stock is owned by insiders.

MKS Instruments Price Performance

NASDAQ MKSI traded down $7.44 during mid-day trading on Friday, hitting $105.48. The stock had a trading volume of 1,156,980 shares, compared to its average volume of 826,667. MKS Instruments, Inc. has a 52-week low of $75.07 and a 52-week high of $147.40. The company has a market cap of $7.10 billion, a price-to-earnings ratio of 234.40, a P/E/G ratio of 0.66 and a beta of 1.63. The company has a 50 day simple moving average of $106.81 and a 200 day simple moving average of $118.81. The company has a quick ratio of 2.21, a current ratio of 3.42 and a debt-to-equity ratio of 1.98.

MKS Instruments (NASDAQ:MKSI - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.27. MKS Instruments had a return on equity of 15.79% and a net margin of 0.90%. The firm had revenue of $896.00 million during the quarter, compared to the consensus estimate of $874.29 million. During the same period last year, the business posted $1.46 EPS. MKS Instruments's quarterly revenue was down 3.9% on a year-over-year basis. Equities analysts forecast that MKS Instruments, Inc. will post 6.22 EPS for the current fiscal year.

MKS Instruments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Monday, November 25th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend is Monday, November 25th. MKS Instruments's dividend payout ratio (DPR) is presently 195.56%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on MKSI. Deutsche Bank Aktiengesellschaft decreased their target price on MKS Instruments from $140.00 to $120.00 and set a "hold" rating for the company in a research report on Friday, August 9th. Mizuho raised MKS Instruments to a "strong-buy" rating in a research report on Monday, October 7th. The Goldman Sachs Group began coverage on MKS Instruments in a research report on Tuesday, September 3rd. They issued a "neutral" rating and a $129.00 target price for the company. Benchmark reissued a "buy" rating and issued a $142.00 target price on shares of MKS Instruments in a research report on Thursday, August 8th. Finally, Wells Fargo & Company decreased their price objective on MKS Instruments from $120.00 to $110.00 and set an "equal weight" rating for the company in a research report on Thursday, October 3rd. Five research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $141.09.

MKS Instruments Company Profile

MKS Instruments, Inc provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, Germany, China, South Korea, and internationally. It operates through Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Material Solutions Division (MSD) segments.