Teacher Retirement System of Texas lessened its holdings in MKS Instruments, Inc. (NASDAQ:MKSI) by 8.1% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,057 shares of the scientific and technical instruments company’s stock after selling 980 shares during the quarter. Teacher Retirement System of Texas’ holdings in MKS Instruments were worth $1,058,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. BlackRock Inc. grew its position in shares of MKS Instruments by 2.6% during the 1st quarter. BlackRock Inc. now owns 6,142,281 shares of the scientific and technical instruments company’s stock worth $710,354,000 after buying an additional 153,820 shares in the last quarter. Prudential Financial Inc. grew its position in shares of MKS Instruments by 13.1% during the 1st quarter. Prudential Financial Inc. now owns 1,133,621 shares of the scientific and technical instruments company’s stock worth $131,103,000 after buying an additional 131,075 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of MKS Instruments by 1.8% during the 2nd quarter. Wells Fargo & Company MN now owns 930,267 shares of the scientific and technical instruments company’s stock worth $89,028,000 after buying an additional 16,878 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of MKS Instruments by 26.4% during the 1st quarter. Principal Financial Group Inc. now owns 897,572 shares of the scientific and technical instruments company’s stock worth $103,804,000 after buying an additional 187,491 shares in the last quarter. Finally, Victory Capital Management Inc. grew its position in shares of MKS Instruments by 19.4% during the 1st quarter. Victory Capital Management Inc. now owns 582,731 shares of the scientific and technical instruments company’s stock worth $67,392,000 after buying an additional 94,558 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors.

In related news, Director Elizabeth Mora sold 375 shares of the firm’s stock in a transaction dated Friday, June 1st. The stock was sold at an average price of $113.40, for a total transaction of $42,525.00. Following the sale, the director now owns 16,162 shares of the company’s stock, valued at $1,832,770.80. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Jacqueline F. Moloney sold 750 shares of the firm’s stock in a transaction dated Monday, June 11th. The shares were sold at an average price of $100.20, for a total value of $75,150.00. Following the sale, the director now directly owns 6,570 shares in the company, valued at approximately $658,314. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 2,998 shares of company stock worth $309,377. 1.67% of the stock is owned by corporate insiders.

A number of equities analysts have recently issued reports on MKSI shares. BidaskClub downgraded MKS Instruments from a “buy” rating to a “hold” rating in a research report on Wednesday, July 25th. Stifel Nicolaus increased their price target on MKS Instruments from $147.00 to $155.00 and gave the stock a “buy” rating in a research report on Monday, June 18th. Citigroup dropped their price target on MKS Instruments from $122.00 to $118.00 and set a “buy” rating on the stock in a research report on Monday, July 30th. Benchmark reissued a “buy” rating and set a $125.00 price target on shares of MKS Instruments in a research report on Thursday, July 26th. Finally, ValuEngine downgraded MKS Instruments from a “hold” rating to a “sell” rating in a research report on Wednesday, July 25th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $129.88.

Shares of MKSI stock opened at $93.65 on Wednesday. MKS Instruments, Inc. has a 1-year low of $78.80 and a 1-year high of $128.28. The stock has a market cap of $5.04 billion, a P/E ratio of 15.71, a P/E/G ratio of 0.96 and a beta of 0.94. The company has a debt-to-equity ratio of 0.19, a quick ratio of 3.66 and a current ratio of 5.03.

MKS Instruments (NASDAQ:MKSI) last issued its quarterly earnings data on Tuesday, July 24th. The scientific and technical instruments company reported $2.33 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.11. MKS Instruments had a return on equity of 25.69% and a net margin of 17.95%. The company had revenue of $573.14 million for the quarter, compared to the consensus estimate of $567.99 million. During the same quarter last year, the company earned $1.41 earnings per share. The firm’s revenue for the quarter was up 19.2% compared to the same quarter last year. equities analysts anticipate that MKS Instruments, Inc. will post 8.01 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 7th. Investors of record on Monday, August 27th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date is Friday, August 24th. MKS Instruments’s payout ratio is currently 13.42%.

About MKS Instruments

MKS Instruments, Inc provides instruments, subsystems, and process control solutions that measure, control, power, deliver, monitor, and analyze critical parameters of manufacturing processes worldwide. The company operates through two segments, Vacuum & Analysis and Light & Motion. The Vacuum & Analysis segment provides analytical and control solutions products, including gas analyzers, automation control products, I/O modules, automation software, and precision machined components and electromechanical assemblies; and materials delivery solutions products comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems to provide customers with precise control capabilities that are optimized for a given application.

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

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