Harber Asset Management LLC Buys Shares of 9,100 MKS Inc. $MKSI

Harber Asset Management LLC purchased a new stake in MKS Inc. (NASDAQ:MKSI) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 9,100 shares of the scientific and technical instruments company’s stock, valued at approximately $4,048,000. MKS makes up 2.4% of Harber Asset Management LLC’s investment portfolio, making the stock its 20th largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Landscape Capital Management L.L.C. acquired a new stake in shares of MKS during the 2nd quarter worth approximately $345,000. EP Wealth Advisors LLC acquired a new position in MKS in the second quarter valued at approximately $1,483,000. Rakuten Securities Inc. acquired a new position in MKS in the second quarter valued at approximately $40,000. Ieq Capital LLC purchased a new position in MKS in the second quarter worth approximately $9,653,000. Finally, Callan Family Office LLC purchased a new position in MKS in the second quarter worth approximately $1,821,000. Institutional investors and hedge funds own 99.79% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on MKSI shares. Morgan Stanley lifted their target price on MKS from $374.00 to $442.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. KeyCorp increased their price target on MKS from $360.00 to $475.00 and gave the stock an “overweight” rating in a report on Monday, June 29th. Citigroup raised their price objective on MKS from $425.00 to $430.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Cantor Fitzgerald restated an “overweight” rating and issued a $600.00 price objective on shares of MKS in a report on Monday, August 3rd. Finally, JPMorgan Chase & Co. increased their target price on shares of MKS from $365.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $385.00.

Insider Buying and Selling

In other MKS news, Director Joseph B. Donahue sold 2,100 shares of MKS stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $327.95, for a total value of $688,695.00. Following the completion of the transaction, the director directly owned 10,033 shares of the company’s stock, valued at $3,290,322.35. The trade was a 17.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO John Tseng-Chung Lee sold 10,000 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $302.01, for a total transaction of $3,020,100.00. Following the sale, the chief executive officer owned 134,776 shares in the company, valued at $40,703,699.76. This trade represents a 6.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 37,491 shares of company stock worth $12,102,072 over the last 90 days. 0.57% of the stock is owned by insiders.

MKS Stock Down 1.0%

NASDAQ:MKSI opened at $279.11 on Friday. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.85. The stock’s fifty day moving average is $341.95 and its two-hundred day moving average is $294.25. MKS Inc. has a 52 week low of $97.50 and a 52 week high of $447.62. The stock has a market capitalization of $18.87 billion, a price-to-earnings ratio of 44.52, a price-to-earnings-growth ratio of 0.60 and a beta of 1.98.

MKS (NASDAQ:MKSI) last issued its quarterly earnings data on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 earnings per share for the quarter, beating analysts’ consensus estimates of $2.91 by $0.39. MKS had a return on equity of 24.72% and a net margin of 10.15%.The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the previous year, the firm posted $1.77 earnings per share. The company’s revenue was up 28.3% on a year-over-year basis. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. Research analysts anticipate that MKS Inc. will post 12.96 EPS for the current year.

MKS Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Tuesday, August 25th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Tuesday, August 25th. MKS’s dividend payout ratio (DPR) is 15.95%.

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.