Spyglass Capital Management LLC Takes $52.72 Million Position in MKS Inc. $MKSI

Spyglass Capital Management LLC bought a new stake in shares of MKS Inc. (NASDAQ:MKSI) in the second quarter, Holdings Channel reports. The institutional investor bought 118,526 shares of the scientific and technical instruments company’s stock, valued at approximately $52,720,000. MKS comprises about 2.9% of Spyglass Capital Management LLC’s holdings, making the stock its 21st biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of MKSI. Keating Financial Advisory Services Inc. purchased a new stake in MKS during the second quarter valued at $25,000. Global Retirement Partners LLC lifted its position in MKS by 560.0% during the fourth quarter. Global Retirement Partners LLC now owns 165 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 140 shares during the last quarter. IFP Advisors Inc grew its stake in shares of MKS by 616.7% in the 4th quarter. IFP Advisors Inc now owns 172 shares of the scientific and technical instruments company’s stock worth $27,000 after buying an additional 148 shares in the last quarter. Allied Private Wealth LLC purchased a new position in shares of MKS in the 2nd quarter worth $33,000. Finally, Clearstead Trust LLC bought a new stake in shares of MKS in the 2nd quarter worth about $36,000. 99.79% of the stock is owned by hedge funds and other institutional investors.

MKS Trading Up 0.2%

NASDAQ MKSI opened at $256.24 on Tuesday. MKS Inc. has a one year low of $97.50 and a one year high of $447.62. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.72 and a current ratio of 1.14. The company has a market capitalization of $17.33 billion, a price-to-earnings ratio of 40.87, a price-to-earnings-growth ratio of 0.54 and a beta of 1.98. The company’s 50-day simple moving average is $326.91 and its two-hundred day simple moving average is $295.89.

MKS (NASDAQ:MKSI) last announced its quarterly earnings results on Wednesday, August 5th. The scientific and technical instruments company reported $3.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.91 by $0.39. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.20 billion. MKS had a return on equity of 24.72% and a net margin of 10.15%.The business’s revenue was up 28.3% compared to the same quarter last year. During the same period last year, the business posted $1.77 EPS. MKS has set its Q3 2026 guidance at 3.270-3.890 EPS. Equities analysts forecast that MKS Inc. will post 13.07 EPS for the current fiscal year.

MKS Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Tuesday, August 25th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.4%. The ex-dividend date is Tuesday, August 25th. MKS’s payout ratio is 15.95%.

Insiders Place Their Bets

In other news, EVP John Edward Williams sold 457 shares of MKS stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $288.31, for a total value of $131,757.67. Following the transaction, the executive vice president owned 4,098 shares of the company’s stock, valued at $1,181,494.38. The trade was a 10.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Michelle M. Mccarthy sold 2,434 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $315.23, for a total transaction of $767,269.82. Following the transaction, the chief accounting officer owned 2 shares of the company’s stock, valued at approximately $630.46. This trade represents a 99.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 12,891 shares of company stock worth $3,919,127. 0.57% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MKSI. Needham & Company LLC upped their target price on shares of MKS from $360.00 to $390.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Weiss Ratings lowered MKS from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 25th. Wells Fargo & Company boosted their price objective on MKS from $300.00 to $325.00 and gave the stock an “equal weight” rating in a research note on Friday, August 7th. BMO Capital Markets assumed coverage on MKS in a research report on Tuesday, June 30th. They set an “outperform” rating and a $453.00 price objective on the stock. Finally, KeyCorp raised their price objective on MKS from $360.00 to $475.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $382.86.

MKS Company 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.