FMR LLC Discloses 6.057% Passive Stake in MKS Instruments
Ticker: MKSI · Form: SC 13G · Filed: Feb 9, 2024 · CIK: 1049502
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, passive-investment, SC-13G
TL;DR
**FMR LLC just revealed a 6.057% stake in MKS Instruments, signaling institutional confidence.**
AI Summary
FMR LLC, a major investment management firm, and its principal owner, Abigail P. Johnson, have disclosed a significant passive stake in MKS Instruments Inc. As of December 31, 2023, FMR LLC beneficially owns 4,051,183 shares of MKS Instruments' common stock, representing 6.057% of the company. This matters to investors because it signals that a large, sophisticated institutional investor sees value in MKS Instruments, potentially indicating confidence in its future prospects.
Why It Matters
A substantial investment by a major institutional player like FMR LLC can boost investor confidence and potentially attract more attention to MKS Instruments' stock.
Risk Assessment
Risk Level: low — This filing indicates a passive investment by a large institution, which generally doesn't pose a direct risk to the company or its shareholders.
Analyst Insight
A smart investor would view this as a positive signal, suggesting that a major institutional investor sees long-term value in MKS Instruments. It might warrant further research into MKS Instruments' fundamentals and future prospects.
Key Numbers
- 4,051,183 — Shares Beneficially Owned (Represents the total number of MKS Instruments common shares FMR LLC and Abigail P. Johnson beneficially own.)
- 6.057% — Percent of Class (Indicates the significant portion of MKS Instruments' common stock held by FMR LLC and Abigail P. Johnson.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- MKS INSTRUMENTS INC (company) — subject company, issuer of common stock
- Abigail P. Johnson (person) — reporting person, principal owner of FMR LLC
- 4,051,183 (dollar_amount) — shares beneficially owned by FMR LLC and Abigail P. Johnson
- 6.057% (dollar_amount) — percentage of class beneficially owned
Forward-Looking Statements
- Other institutional investors may increase their positions in MKS Instruments Inc. following FMR LLC's disclosure. (MKS Instruments Inc.) — medium confidence, target: Next 3-6 months
- MKS Instruments Inc.'s stock price may experience a slight positive bump due to increased investor confidence. (MKS Instruments Inc.) — low confidence, target: Next 1-2 weeks
FAQ
Who is the reporting person in this SC 13G filing?
The reporting person in this SC 13G filing is FMR LLC, a parent holding company, and Abigail P. Johnson, who is associated with FMR LLC.
What percentage of MKS Instruments Inc.'s common stock does FMR LLC beneficially own?
FMR LLC beneficially owns 6.057% of MKS Instruments Inc.'s common stock, as stated in Item 11 of the filing.
How many shares of MKS Instruments Inc. common stock does FMR LLC beneficially own?
FMR LLC beneficially owns 4,051,183 shares of MKS Instruments Inc. common stock, as indicated in Item 7 and Item 4(a) of the filing.
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed pursuant to Rule 13d-1(b), as indicated by the checked box in the filing.
What is the CUSIP number for MKS Instruments Inc. common stock?
The CUSIP number for MKS Instruments Inc. common stock is 55306N104, as stated in Item 2(e) of the filing.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on February 9, 2024 by Abigail P. Johnson regarding MKS INSTRUMENTS INC (MKSI).