First Trust Advisors LP trimmed its holdings in shares of Brooks Automation, Inc. (NASDAQ:BRKS) by 11.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 107,017 shares of the semiconductor company’s stock after selling 13,375 shares during the period. First Trust Advisors LP owned 0.16% of Brooks Automation worth $3,249,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of Brooks Automation by 6.2% during the second quarter. Vanguard Group Inc. now owns 6,675,027 shares of the semiconductor company’s stock worth $144,781,000 after purchasing an additional 392,115 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Brooks Automation by 23.7% during the second quarter. Bank of New York Mellon Corp now owns 2,555,177 shares of the semiconductor company’s stock worth $55,421,000 after purchasing an additional 489,434 shares during the period. Boston Partners raised its holdings in shares of Brooks Automation by 2.7% during the second quarter. Boston Partners now owns 1,848,148 shares of the semiconductor company’s stock worth $40,086,000 after purchasing an additional 48,677 shares during the period. State Street Corp raised its holdings in shares of Brooks Automation by 2.2% during the second quarter. State Street Corp now owns 1,673,763 shares of the semiconductor company’s stock worth $36,310,000 after purchasing an additional 36,513 shares during the period. Finally, Principal Financial Group Inc. raised its holdings in shares of Brooks Automation by 5.0% during the second quarter. Principal Financial Group Inc. now owns 554,996 shares of the semiconductor company’s stock worth $12,038,000 after purchasing an additional 26,584 shares during the period. 89.97% of the stock is currently owned by institutional investors.

Shares of Brooks Automation, Inc. (BRKS) opened at $27.46 on Tuesday. Brooks Automation, Inc. has a twelve month low of $15.34 and a twelve month high of $34.77. The firm has a market cap of $1,920.00, a PE ratio of 24.96 and a beta of 1.06.

Brooks Automation (NASDAQ:BRKS) last announced its earnings results on Thursday, November 9th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.06. The firm had revenue of $181.88 million during the quarter, compared to analyst estimates of $174.66 million. Brooks Automation had a net margin of 9.04% and a return on equity of 13.40%. Brooks Automation’s revenue was up 15.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.22 EPS. research analysts predict that Brooks Automation, Inc. will post 1.33 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 1st will be given a $0.10 dividend. The ex-dividend date is Thursday, November 30th. This represents a $0.40 dividend on an annualized basis and a yield of 1.46%. Brooks Automation’s dividend payout ratio is presently 44.94%.

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In related news, VP Jason Joseph sold 5,159 shares of the stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $28.55, for a total value of $147,289.45. Following the completion of the transaction, the vice president now owns 104,699 shares in the company, valued at approximately $2,989,156.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider David Pietrantoni sold 3,071 shares of the stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $28.55, for a total transaction of $87,677.05. Following the completion of the transaction, the insider now owns 70,964 shares of the company’s stock, valued at approximately $2,026,022.20. The disclosure for this sale can be found here. Insiders sold a total of 66,258 shares of company stock valued at $1,995,532 in the last quarter. 2.24% of the stock is currently owned by insiders.

A number of analysts recently weighed in on BRKS shares. B. Riley reaffirmed a “buy” rating and issued a $34.00 price objective on shares of Brooks Automation in a report on Thursday, August 3rd. Zacks Investment Research raised shares of Brooks Automation from a “hold” rating to a “strong-buy” rating and set a $26.00 price objective on the stock in a report on Friday, August 4th. ValuEngine raised shares of Brooks Automation from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Credit Suisse Group reaffirmed a “hold” rating and issued a $26.00 price objective on shares of Brooks Automation in a report on Thursday, August 3rd. Finally, Stifel Nicolaus raised shares of Brooks Automation from a “hold” rating to a “buy” rating and increased their price objective for the stock from $22.00 to $32.00 in a report on Sunday, August 6th. They noted that the move was a valuation call. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Brooks Automation presently has a consensus rating of “Hold” and a consensus price target of $31.57.

Brooks Automation Company Profile

Brooks Automation, Inc is a provider of automation and cryogenic solutions for various applications and markets. The Company operates through two segments: Brooks Semiconductor Solutions Group and Brooks Life Science Systems. The Brooks Semiconductor Solutions Group segment offers critical automated transport, vacuum and contamination controls solutions and services.

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Institutional Ownership by Quarter for Brooks Automation (NASDAQ:BRKS)

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