Fideuram Intesa Sanpaolo Private Banking S.P.A. Acquires New Position in MKS Inc. $MKSI

Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in MKS Inc. (NASDAQ:MKSI) during the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 2,624 shares of the scientific and technical instruments company’s stock, valued at approximately $603,000.

A number of other institutional investors also recently modified their holdings of the business. Norges Bank acquired a new position in MKS during the fourth quarter worth about $147,453,000. Southpoint Capital Advisors LP acquired a new stake in shares of MKS in the 4th quarter valued at approximately $95,880,000. Westfield Capital Management Co. LP grew its holdings in shares of MKS by 159.7% during the 4th quarter. Westfield Capital Management Co. LP now owns 839,773 shares of the scientific and technical instruments company’s stock valued at $134,196,000 after purchasing an additional 516,409 shares during the last quarter. Millennium Management LLC grew its holdings in shares of MKS by 9,165.9% during the 3rd quarter. Millennium Management LLC now owns 446,248 shares of the scientific and technical instruments company’s stock valued at $55,232,000 after purchasing an additional 441,432 shares during the last quarter. Finally, Rafferty Asset Management LLC increased its position in MKS by 63.4% during the 2nd 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 in the last quarter. Institutional investors and hedge funds own 99.79% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on MKSI. The Goldman Sachs Group reissued a “sell” rating and issued a $265.00 price objective on shares of MKS in a research note on Thursday, May 7th. Bank of America upped their price target on shares of MKS from $380.00 to $500.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $380.00 price target on shares of MKS in a research note on Friday, May 8th. Mizuho set a $400.00 price objective on MKS in a report on Wednesday, May 27th. Finally, BMO Capital Markets began coverage on MKS in a research report on Tuesday. They set an “outperform” rating and a $453.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, MKS presently has a consensus rating of “Moderate Buy” and a consensus target price of $374.07.

MKS Stock Performance

NASDAQ:MKSI opened at $365.56 on Friday. MKS Inc. has a 52 week low of $88.49 and a 52 week high of $447.62. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.70 and a current ratio of 1.11. The firm’s fifty day moving average is $335.39 and its 200-day moving average is $261.78. The firm has a market cap of $24.69 billion, a P/E ratio of 76.48, a P/E/G ratio of 1.04 and a beta of 1.93.

MKS (NASDAQ:MKSI) last announced its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $2.30 earnings per share for the quarter, topping analysts’ consensus estimates of $2.00 by $0.30. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.05 billion. MKS had a net margin of 8.06% and a return on equity of 21.49%. MKS’s quarterly revenue was up 15.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.71 earnings per share. MKS has set its Q2 2026 guidance at 2.600-3.200 EPS. Equities analysts expect that MKS Inc. will post 11.73 earnings per share for the current year.

MKS Announces Dividend

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

Insider Buying and Selling

In other 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 transaction, the chief executive officer directly owned 144,696 shares of the company’s stock, valued at $45,648,694.08. The trade was a 6.46% decrease in their position. The sale 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, CFO Ramakumar Mayampurath sold 8,810 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $315.48, for a total value of $2,779,378.80. Following the sale, the chief financial officer owned 1 shares in the company, valued at approximately $315.48. The trade was a 99.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 53,949 shares of company stock worth $17,446,108 over the last three months. 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.