Mckinley Capital Management LLC Delaware raised its holdings in shares of Brooks Automation, Inc (NASDAQ:BRKS) by 5,671.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 126,967 shares of the semiconductor company’s stock after buying an additional 124,767 shares during the period. Mckinley Capital Management LLC Delaware owned about 0.18% of Brooks Automation worth $3,855,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Teachers Advisors LLC boosted its stake in Brooks Automation by 28.6% in the 1st quarter. Teachers Advisors LLC now owns 213,026 shares of the semiconductor company’s stock worth $4,772,000 after purchasing an additional 47,417 shares during the period. Renaissance Technologies LLC boosted its stake in Brooks Automation by 27.9% in the 1st quarter. Renaissance Technologies LLC now owns 175,657 shares of the semiconductor company’s stock worth $3,935,000 after purchasing an additional 38,300 shares during the period. Nisa Investment Advisors LLC boosted its stake in Brooks Automation by 11.9% in the 2nd quarter. Nisa Investment Advisors LLC now owns 39,404 shares of the semiconductor company’s stock worth $879,000 after purchasing an additional 4,200 shares during the period. Louisiana State Employees Retirement System boosted its stake in Brooks Automation by 0.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 28,400 shares of the semiconductor company’s stock worth $616,000 after purchasing an additional 100 shares during the period. Finally, Aperio Group LLC boosted its stake in Brooks Automation by 8.1% in the 2nd quarter. Aperio Group LLC now owns 28,396 shares of the semiconductor company’s stock worth $616,000 after purchasing an additional 2,125 shares during the period. Hedge funds and other institutional investors own 90.27% of the company’s stock.

A number of research firms recently commented on BRKS. B. Riley reaffirmed a “buy” rating and issued a $34.00 price objective on shares of Brooks Automation in a research note on Thursday, August 3rd. ValuEngine raised shares of Brooks Automation from a “hold” rating to a “buy” rating in a research note 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 research note 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 for the company in a research note on Friday, August 4th. Finally, Stifel Nicolaus raised shares of Brooks Automation from a “hold” rating to a “buy” rating and raised their price objective for the stock from $22.00 to $32.00 in a research note on Sunday, August 6th. They noted that the move was a valuation call. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $31.57.

Shares of Brooks Automation, Inc (NASDAQ:BRKS) opened at $24.62 on Thursday. Brooks Automation, Inc has a 12-month low of $15.34 and a 12-month high of $34.77. The stock has a market cap of $1,937.00, a P/E ratio of 25.05 and a beta of 1.06.

Brooks Automation (NASDAQ:BRKS) last released its earnings results on Thursday, November 9th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.06. Brooks Automation had a net margin of 9.04% and a return on equity of 13.40%. The company had revenue of $181.88 million during the quarter, compared to the consensus estimate of $174.66 million. During the same quarter in the prior year, the firm earned $0.22 EPS. The company’s revenue was up 15.4% compared to the same quarter last year. sell-side analysts expect 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. Shareholders 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 1.62%. Brooks Automation’s payout ratio is 44.44%.

In other Brooks Automation news, CEO Stephen S. Schwartz sold 27,915 shares of the stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $28.55, for a total value of $796,973.25. Following the completion of the sale, the chief executive officer now owns 661,852 shares in the company, valued at approximately $18,895,874.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Jason Joseph sold 5,159 shares of the stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $28.55, for a total transaction of $147,289.45. Following the completion of the sale, the vice president now owns 104,699 shares of the company’s stock, valued at approximately $2,989,156.45. The disclosure for this sale can be found here. In the last quarter, insiders sold 66,258 shares of company stock valued at $1,995,532. Insiders own 2.24% of the company’s stock.

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Brooks Automation 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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