Harvey Partners LLC Has $35.77 Million Stake in MKS Inc. $MKSI

Harvey Partners LLC increased its holdings in shares of MKS Inc. (NASDAQ:MKSI) by 7.2% during the third quarter, Holdings Channel.com reports. The fund owned 289,000 shares of the scientific and technical instruments company’s stock after purchasing an additional 19,401 shares during the quarter. MKS accounts for about 3.2% of Harvey Partners LLC’s holdings, making the stock its 10th biggest position. Harvey Partners LLC’s holdings in MKS were worth $35,770,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of MKSI. SJS Investment Consulting Inc. bought a new stake in MKS in the 3rd quarter valued at about $30,000. Smartleaf Asset Management LLC increased its holdings in shares of MKS by 74.5% during the third quarter. Smartleaf Asset Management LLC now owns 260 shares of the scientific and technical instruments company’s stock worth $32,000 after purchasing an additional 111 shares during the period. Winnow Wealth LLC acquired a new stake in shares of MKS in the third quarter valued at approximately $38,000. Salomon & Ludwin LLC bought a new stake in shares of MKS in the third quarter valued at approximately $49,000. Finally, Abich Financial Wealth Management LLC acquired a new stake in MKS during the third quarter worth approximately $65,000. Institutional investors and hedge funds own 99.79% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on MKSI. TD Cowen increased their target price on MKS from $200.00 to $230.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Zacks Research raised shares of MKS from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 23rd. Morgan Stanley reiterated an “overweight” rating and set a $300.00 price objective on shares of MKS in a research note on Thursday, February 19th. Wall Street Zen cut shares of MKS from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 3rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of MKS in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, MKS has an average rating of “Moderate Buy” and a consensus target price of $273.46.

MKS Stock Performance

NASDAQ:MKSI opened at $213.45 on Monday. MKS Inc. has a twelve month low of $54.84 and a twelve month high of $269.91. The company has a quick ratio of 1.71, a current ratio of 2.71 and a debt-to-equity ratio of 1.53. The stock’s 50-day simple moving average is $226.63 and its 200 day simple moving average is $170.67. The firm has a market capitalization of $14.35 billion, a PE ratio of 48.84, a price-to-earnings-growth ratio of 1.15 and a beta of 1.93.

MKS (NASDAQ:MKSI) last posted its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.47 EPS for the quarter, missing analysts’ consensus estimates of $2.51 by ($0.04). The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.02 billion. MKS had a return on equity of 20.85% and a net margin of 7.53%.The firm’s revenue was up 10.5% compared to the same quarter last year. During the same period last year, the company posted $2.15 EPS. MKS has set its Q1 2026 guidance at 1.720-2.280 EPS. On average, analysts anticipate that MKS Inc. will post 6.94 EPS for the current fiscal year.

MKS Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, February 23rd were given a $0.25 dividend. This is an increase from MKS’s previous quarterly dividend of $0.22. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, February 23rd. MKS’s dividend payout ratio (DPR) is 22.88%.

Insider Activity

In related news, CEO John Tseng-Chung Lee sold 30,000 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $256.77, for a total transaction of $7,703,100.00. Following the sale, the chief executive officer owned 154,696 shares in the company, valued at $39,721,291.92. The trade was a 16.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Elizabeth Mora sold 300 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $239.44, for a total value of $71,832.00. Following the completion of the transaction, the director directly owned 18,663 shares of the company’s stock, valued at approximately $4,468,668.72. The trade was a 1.58% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 68,503 shares of company stock valued at $17,288,099. 0.51% of the stock is currently owned by insiders.

MKS Profile

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.