Hudson Value Partners LLC Grows Position in MKS Instruments, Inc. (NASDAQ:MKSI)

Hudson Value Partners LLC increased its position in MKS Instruments, Inc. (NASDAQ:MKSI) by 7.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,271 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,539 shares during the period. Hudson Value Partners LLC’s holdings in MKS Instruments were worth $2,530,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in MKSI. AE Wealth Management LLC boosted its stake in MKS Instruments by 5.9% during the second 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. US Bancorp DE boosted its stake in MKS Instruments by 2.4% during the third 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 stake in MKS Instruments by 62.6% during the second quarter. Allspring Global Investments Holdings LLC now owns 309 shares of the scientific and technical instruments company’s stock worth $40,000 after acquiring an additional 119 shares in the last quarter. UMB Bank n.a. boosted its stake in MKS Instruments by 53.7% during the third quarter. UMB Bank n.a. now owns 349 shares of the scientific and technical instruments company’s stock worth $38,000 after acquiring an additional 122 shares in the last quarter. Finally, Verity Asset Management Inc. raised its position in shares of MKS Instruments by 6.3% in the 1st quarter. Verity Asset Management Inc. now owns 2,085 shares of the scientific and technical instruments company’s stock worth $277,000 after purchasing an additional 124 shares during the last quarter. Institutional investors own 99.79% of the company’s stock.

MKS Instruments Stock Up 12.0 %

MKSI opened at $115.64 on Friday. MKS Instruments, Inc. has a 52 week low of $67.57 and a 52 week high of $147.40. The company has a quick ratio of 2.31, a current ratio of 3.58 and a debt-to-equity ratio of 2.16. The firm has a 50-day simple moving average of $106.69 and a two-hundred day simple moving average of $118.96. The company has a market capitalization of $7.78 billion, a PE ratio of 1,051.27, a price-to-earnings-growth ratio of 0.70 and a beta of 1.63.

MKS Instruments (NASDAQ:MKSI) last posted its earnings results on Wednesday, November 6th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.30. MKS Instruments had a net margin of 0.25% and a return on equity of 14.91%. The firm had revenue of $896.00 million during the quarter, compared to analyst estimates of $874.29 million. During the same period last year, the firm posted $1.46 earnings per share. MKS Instruments’s revenue for the quarter was down 3.9% compared to the same quarter last year. Analysts forecast that MKS Instruments, Inc. will post 5.61 earnings per share for the current fiscal year.

MKS Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Monday, November 25th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Monday, November 25th. MKS Instruments’s dividend payout ratio is currently 800.00%.

Analyst Upgrades and Downgrades

MKSI has been the topic of several analyst reports. Mizuho raised MKS Instruments to a “strong-buy” rating in a research report on Monday, October 7th. Benchmark reaffirmed a “buy” rating and set a $142.00 price target on shares of MKS Instruments in a report on Thursday, August 8th. Cantor Fitzgerald started coverage on MKS Instruments in a report on Tuesday, September 10th. They issued an “overweight” rating and a $140.00 price objective for the company. Morgan Stanley started coverage on shares of MKS Instruments in a research note on Monday, August 5th. They set an “overweight” rating and a $155.00 target price on the stock. Finally, Wells Fargo & Company cut their target price on shares of 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 equities 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 company’s stock. Based on data from MarketBeat, MKS Instruments presently has a consensus rating of “Moderate Buy” and a consensus target price of $141.09.

Insider Activity at MKS Instruments

In related news, EVP John Edward Williams sold 1,800 shares of MKS Instruments stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $118.71, for a total transaction of $213,678.00. Following the completion of the transaction, the executive vice president now directly owns 13 shares of the company’s stock, valued at approximately $1,543.23. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Jacqueline F. Moloney sold 250 shares of MKS Instruments stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $108.90, for a total transaction of $27,225.00. Following the completion of the sale, the director now owns 10,283 shares in the company, valued at $1,119,818.70. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP John Edward Williams sold 1,800 shares of the business’s stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $118.71, for a total transaction of $213,678.00. Following the completion of the sale, the executive vice president now directly owns 13 shares of the company’s stock, valued at approximately $1,543.23. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,325 shares of company stock worth $272,795. Company insiders own 0.51% of the company’s stock.

MKS Instruments 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.