Brooks Automation, Inc (NASDAQ:BRKS) CEO Stephen S. Schwartz sold 30,000 shares of the business’s stock in a transaction on Thursday, May 24th. The stock was sold at an average price of $30.23, for a total value of $906,900.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of NASDAQ:BRKS opened at $31.88 on Friday. The company has a current ratio of 3.34, a quick ratio of 2.54 and a debt-to-equity ratio of 0.28. Brooks Automation, Inc has a 52-week low of $21.61 and a 52-week high of $34.77. The firm has a market capitalization of $2.25 billion, a PE ratio of 22.61 and a beta of 0.99.

Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings data on Tuesday, May 1st. The semiconductor company reported $0.40 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.04. Brooks Automation had a return on equity of 15.97% and a net margin of 15.55%. The business had revenue of $207.26 million for the quarter, compared to the consensus estimate of $199.44 million. During the same period in the prior year, the business earned $0.28 earnings per share. The business’s revenue was up 22.4% on a year-over-year basis. equities analysts anticipate that Brooks Automation, Inc will post 1.49 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 22nd. Stockholders of record on Friday, June 1st will be given a $0.10 dividend. The ex-dividend date of this dividend is Thursday, May 31st. This represents a $0.40 annualized dividend and a dividend yield of 1.25%. Brooks Automation’s dividend payout ratio is currently 32.26%.

Several large investors have recently modified their holdings of the company. Municipal Employees Retirement System of Michigan lifted its position in shares of Brooks Automation by 6.0% in the first quarter. Municipal Employees Retirement System of Michigan now owns 30,780 shares of the semiconductor company’s stock valued at $834,000 after acquiring an additional 1,730 shares in the last quarter. California Public Employees Retirement System lifted its position in shares of Brooks Automation by 1.2% in the fourth quarter. California Public Employees Retirement System now owns 170,603 shares of the semiconductor company’s stock valued at $4,069,000 after acquiring an additional 2,062 shares in the last quarter. QS Investors LLC lifted its position in shares of Brooks Automation by 3.5% in the fourth quarter. QS Investors LLC now owns 63,343 shares of the semiconductor company’s stock valued at $1,511,000 after acquiring an additional 2,113 shares in the last quarter. Comerica Bank lifted its position in shares of Brooks Automation by 2.9% in the first quarter. Comerica Bank now owns 74,308 shares of the semiconductor company’s stock valued at $1,933,000 after acquiring an additional 2,125 shares in the last quarter. Finally, UBS Asset Management Americas Inc. lifted its position in shares of Brooks Automation by 6.5% in the fourth quarter. UBS Asset Management Americas Inc. now owns 40,521 shares of the semiconductor company’s stock valued at $966,000 after acquiring an additional 2,468 shares in the last quarter. Institutional investors and hedge funds own 94.25% of the company’s stock.

A number of analysts have commented on BRKS shares. ValuEngine downgraded Brooks Automation from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. BidaskClub upgraded Brooks Automation from a “hold” rating to a “buy” rating in a research report on Friday, February 23rd. Zacks Investment Research upgraded Brooks Automation from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a research report on Thursday, May 3rd. B. Riley boosted their target price on Brooks Automation from $38.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, May 2nd. Finally, Citigroup decreased their target price on Brooks Automation from $35.00 to $31.00 and set a “buy” rating on the stock in a research report on Wednesday, May 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Brooks Automation has an average rating of “Buy” and an average target price of $34.00.

Brooks Automation Company Profile

Brooks Automation, Inc provides automation and cryogenic solutions for various applications and markets. It operates in 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.

Insider Buying and Selling by Quarter for Brooks Automation (NASDAQ:BRKS)

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