Capstone Investment Advisors LLC Makes New Investment in MKS Instruments, Inc. (NASDAQ:MKSI)

Capstone Investment Advisors LLC purchased a new stake in MKS Instruments, Inc. (NASDAQ:MKSI) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,919 shares of the scientific and technical instruments company’s stock, valued at approximately $2,383,000.

Several other large investors have also recently modified their holdings of the business. Massmutual Trust Co. FSB ADV increased its holdings in MKS Instruments by 196.9% in the third quarter. Massmutual Trust Co. FSB ADV now owns 288 shares of the scientific and technical instruments company’s stock valued at $31,000 after purchasing an additional 191 shares during the period. UMB Bank n.a. raised its position in shares of MKS Instruments by 53.7% during the third quarter. UMB Bank n.a. now owns 349 shares of the scientific and technical instruments company’s stock worth $38,000 after acquiring an additional 122 shares during the last quarter. Key Financial Inc acquired a new position in shares of MKS Instruments in the second quarter worth approximately $39,000. BOKF NA bought a new stake in shares of MKS Instruments in the 2nd quarter valued at $39,000. Finally, Quarry LP acquired a new stake in MKS Instruments during the 2nd quarter worth about $39,000. Institutional investors own 99.79% of the company’s stock.

Insider Transactions at MKS Instruments

In other MKS Instruments news, Director Elizabeth Mora sold 275 shares of the business’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $115.97, for a total transaction of $31,891.75. Following the completion of the sale, the director now directly owns 17,934 shares in the company, valued at approximately $2,079,805.98. The trade was a 1.51 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jacqueline F. Moloney sold 250 shares of MKS Instruments stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $108.90, for a total value of $27,225.00. Following the completion of the sale, the director now directly owns 10,283 shares of the company’s stock, valued at $1,119,818.70. The trade was a 2.37 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.46% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on MKSI shares. Cantor Fitzgerald assumed coverage on shares of MKS Instruments in a research report on Tuesday, September 10th. They set an “overweight” rating and a $140.00 target price on the stock. Mizuho upgraded shares of MKS Instruments to a “strong-buy” rating in a report on Monday, October 7th. Benchmark restated a “buy” rating and set a $142.00 price target on shares of MKS Instruments in a research note on Monday, November 18th. Citigroup cut shares of MKS Instruments from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $145.00 to $120.00 in a report on Monday, September 16th. Finally, Needham & Company LLC increased their target price on MKS Instruments from $153.00 to $156.00 and gave the company a “buy” rating in a research note on Friday, August 9th. Five research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, MKS Instruments has an average rating of “Moderate Buy” and an average target price of $141.09.

MKS Instruments Price Performance

MKSI opened at $112.36 on Friday. The company has a current ratio of 3.42, a quick ratio of 2.21 and a debt-to-equity ratio of 1.98. The company has a market cap of $7.56 billion, a price-to-earnings ratio of 249.68, a price-to-earnings-growth ratio of 0.67 and a beta of 1.63. The stock has a fifty day simple moving average of $107.34 and a two-hundred day simple moving average of $118.18. MKS Instruments, Inc. has a 12-month low of $78.17 and a 12-month high of $147.40.

MKS Instruments (NASDAQ:MKSI) last issued its quarterly earnings results on Wednesday, November 6th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.45 by $0.27. MKS Instruments had a net margin of 0.90% and a return on equity of 15.79%. The company had revenue of $896.00 million during the quarter, compared to analysts’ expectations of $874.29 million. During the same period last year, the company posted $1.46 EPS. MKS Instruments’s revenue was down 3.9% on a year-over-year basis. Research analysts predict that MKS Instruments, Inc. will post 6.22 earnings per share for the current fiscal year.

MKS Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Monday, November 25th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date is Monday, November 25th. MKS Instruments’s payout ratio is 195.56%.

MKS Instruments Company Profile

MKS Instruments, Inc provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, Germany, China, South Korea, and internationally. It operates through Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Material Solutions Division (MSD) segments.