Macquarie Group Ltd. continued to hold its stake in MKS Instruments, Inc. (NASDAQ:MKSI) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 34,330 shares of the scientific and technical instruments company’s stock at the end of the second quarter. Macquarie Group Ltd. owned 0.06% of MKS Instruments worth $2,310,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. LS Investment Advisors LLC raised its position in shares of MKS Instruments by 0.5% during the second quarter. LS Investment Advisors LLC now owns 4,236 shares of the scientific and technical instruments company’s stock worth $285,000 after purchasing an additional 19 shares during the period. Teacher Retirement System of Texas raised its position in shares of MKS Instruments by 0.5% during the second quarter. Teacher Retirement System of Texas now owns 4,273 shares of the scientific and technical instruments company’s stock worth $288,000 after purchasing an additional 21 shares during the period. World Asset Management Inc raised its position in shares of MKS Instruments by 2.8% during the second quarter. World Asset Management Inc now owns 3,538 shares of the scientific and technical instruments company’s stock worth $238,000 after purchasing an additional 95 shares during the period. Louisiana State Employees Retirement System raised its position in shares of MKS Instruments by 0.5% during the second quarter. Louisiana State Employees Retirement System now owns 22,000 shares of the scientific and technical instruments company’s stock worth $1,481,000 after purchasing an additional 100 shares during the period. Finally, Arizona State Retirement System raised its position in shares of MKS Instruments by 0.4% during the second quarter. Arizona State Retirement System now owns 28,176 shares of the scientific and technical instruments company’s stock worth $1,896,000 after purchasing an additional 100 shares during the period. 95.38% of the stock is currently owned by institutional investors.

Shares of MKS Instruments, Inc. (NASDAQ:MKSI) opened at 101.10 on Monday. The company has a market cap of $5.49 billion, a P/E ratio of 21.00 and a beta of 1.13. The company’s 50-day moving average price is $91.97 and its 200 day moving average price is $80.83. MKS Instruments, Inc. has a one year low of $46.51 and a one year high of $102.50.

MKS Instruments (NASDAQ:MKSI) last announced its quarterly earnings data on Tuesday, July 25th. The scientific and technical instruments company reported $1.41 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.41. The business had revenue of $481.00 million during the quarter, compared to analysts’ expectations of $463.86 million. MKS Instruments had a return on equity of 19.47% and a net margin of 15.47%. The firm’s quarterly revenue was up 47.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.72 earnings per share. On average, equities research analysts anticipate that MKS Instruments, Inc. will post $5.47 earnings per share for the current year.

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A number of equities analysts have recently weighed in on the company. Stifel Nicolaus reaffirmed a “buy” rating on shares of MKS Instruments in a research report on Sunday, October 1st. KeyCorp reiterated an “outperform” rating and set a $100.00 price target on shares of MKS Instruments in a report on Saturday, September 16th. BidaskClub upgraded MKS Instruments from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 17th. Finally, Deutsche Bank AG started coverage on MKS Instruments in a report on Wednesday, July 5th. They set a “buy” rating and a $84.00 price target for the company. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $95.50.

In other MKS Instruments news, VP Brian Charles Quirk sold 2,000 shares of MKS Instruments stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $79.30, for a total transaction of $158,600.00. Following the completion of the transaction, the vice president now owns 15,785 shares in the company, valued at $1,251,750.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Seth H. Bagshaw sold 7,500 shares of MKS Instruments stock in a transaction on Wednesday, September 13th. The shares were sold at an average price of $85.80, for a total value of $643,500.00. Following the transaction, the chief financial officer now owns 21,615 shares of the company’s stock, valued at approximately $1,854,567. The disclosure for this sale can be found here. Insiders have sold 11,100 shares of company stock valued at $935,105 in the last quarter. 1.65% of the stock is owned by company insiders.

MKS Instruments Company Profile

MKS Instruments, Inc is a global provider of instruments, subsystems and process control solutions that measures, controls, powers, delivers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates through two segments, including the Vacuum & Analysis segment and the Light & Motion segment.

Institutional Ownership by Quarter for MKS Instruments (NASDAQ:MKSI)

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