Brooks Automation Inc. (NASDAQ:BRKS) announced a quarterly dividend on Thursday, November 10th. Investors of record on Friday, December 2nd will be given a dividend of 0.10 per share on Friday, December 23rd. This represents a $0.40 annualized dividend and a yield of 2.87%.

Shares of Brooks Automation (NASDAQ:BRKS) opened at 13.93 on Thursday. Brooks Automation has a 12-month low of $8.33 and a 12-month high of $13.99. The firm’s market capitalization is $921.05 million. The company’s 50-day moving average price is $13.38 and its 200 day moving average price is $12.04.

Brooks Automation (NASDAQ:BRKS) last posted its quarterly earnings results on Thursday, November 10th. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.07. Brooks Automation had a positive return on equity of 4.92% and a negative net margin of 13.39%. The business had revenue of $157.55 million for the quarter, compared to the consensus estimate of $145.77 million. During the same period in the prior year, the business earned $0.17 EPS. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. On average, equities analysts forecast that Brooks Automation will post $0.41 earnings per share for the current year.

Dividend History for Brooks Automation (NASDAQ:BRKS)

In other news, insider David C. Gray sold 6,441 shares of the company’s stock in a transaction that occurred on Friday, September 16th. The stock was sold at an average price of $12.74, for a total value of $82,058.34. Following the completion of the transaction, the insider now directly owns 138,834 shares of the company’s stock, valued at $1,768,745.16. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 2.15% of the stock is owned by insiders.

Several institutional investors have recently added to or reduced their stakes in BRKS. Arizona State Retirement System raised its position in Brooks Automation by 1.4% in the second quarter. Arizona State Retirement System now owns 35,593 shares of the company’s stock valued at $399,000 after buying an additional 500 shares in the last quarter. Profund Advisors LLC raised its position in shares of Brooks Automation by 4.8% in the second quarter. Profund Advisors LLC now owns 22,508 shares of the company’s stock valued at $253,000 after buying an additional 1,024 shares during the period. California State Teachers Retirement System raised its position in shares of Brooks Automation by 1.0% in the third quarter. California State Teachers Retirement System now owns 143,883 shares of the company’s stock valued at $1,958,000 after buying an additional 1,400 shares during the period. BlackRock Advisors LLC raised its position in shares of Brooks Automation by 4.9% in the second quarter. BlackRock Advisors LLC now owns 32,026 shares of the company’s stock valued at $359,000 after buying an additional 1,490 shares during the period. Finally, Public Sector Pension Investment Board raised its position in shares of Brooks Automation by 4.5% in the second quarter. Public Sector Pension Investment Board now owns 48,519 shares of the company’s stock valued at $544,000 after buying an additional 2,100 shares during the period. 92.02% of the stock is owned by institutional investors.

A number of analysts have commented on the company. B. Riley reissued a “buy” rating and set a $16.00 price objective on shares of Brooks Automation in a report on Monday. Citigroup Inc. decreased their price objective on Brooks Automation from $12.50 to $9.30 and set a “neutral” rating for the company in a report on Monday, September 12th. TheStreet raised Brooks Automation from a “hold” rating to a “buy” rating in a report on Wednesday, August 24th. Zacks Investment Research raised Brooks Automation from a “sell” rating to a “hold” rating in a report on Monday, August 8th. Finally, Janney Montgomery Scott assumed coverage on Brooks Automation in a report on Tuesday, September 13th. They set a “buy” rating and a $20.00 price objective for the company. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $15.05.

Brooks Automation Company Profile

Brooks Automation, Inc is a global provider of automation, vacuum and instrumentation solutions for multiple markets, including semiconductor manufacturing, technology device manufacturing and life sciences. The Company operates in three segments: Brooks Product Solutions, Brooks Global Services and Brooks Life Science Systems.

5 Day Chart for NASDAQ:BRKS

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