Brooks Automation Inc. (NASDAQ:BRKS) has been given a consensus rating of “Buy” by the seven analysts that are presently covering the company. One research analyst has rated the stock with a sell rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $15.72.

Several analysts recently issued reports on BRKS shares. Needham & Company LLC increased their price target on Brooks Automation from $13.00 to $15.00 and gave the company a “buy” rating in a report on Friday, July 29th. Janney Montgomery Scott started coverage on Brooks Automation in a report on Tuesday, September 13th. They issued a “buy” rating and a $20.00 price target for the company. Citigroup Inc. upgraded Brooks Automation from a “neutral” rating to a “buy” rating and increased their price target for the company from $12.50 to $16.50 in a report on Wednesday, October 12th. Zacks Investment Research downgraded Brooks Automation from a “hold” rating to a “sell” rating in a report on Monday, August 1st. Finally, TheStreet upgraded Brooks Automation from a “hold” rating to a “buy” rating in a report on Wednesday, August 24th.

In other news, insider David C. Gray sold 6,441 shares of the stock in a transaction dated Friday, September 16th. The shares were sold at an average price of $12.74, for a total transaction of $82,058.34. Following the transaction, the insider now owns 138,834 shares of the company’s stock, valued at $1,768,745.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robyn C. Davis sold 3,000 shares of the stock in a transaction dated Tuesday, November 15th. The stock was sold at an average price of $15.51, for a total transaction of $46,530.00. Following the transaction, the director now directly owns 3,569 shares in the company, valued at approximately $55,355.19. The disclosure for this sale can be found here. 2.15% of the stock is currently owned by company insiders.

Institutional investors have recently modified their holdings of the company. Wellington Management Group LLP bought a new position in shares of Brooks Automation during the first quarter valued at approximately $13,905,000. Deprince Race & Zollo Inc. bought a new position in shares of Brooks Automation during the second quarter valued at approximately $8,793,000. Boston Partners boosted its position in shares of Brooks Automation by 58.8% in the second quarter. Boston Partners now owns 1,715,535 shares of the company’s stock valued at $19,248,000 after buying an additional 634,989 shares during the last quarter. Lazard Asset Management LLC boosted its position in shares of Brooks Automation by 139.1% in the third quarter. Lazard Asset Management LLC now owns 683,755 shares of the company’s stock valued at $9,305,000 after buying an additional 397,834 shares during the last quarter. Finally, BlackRock Fund Advisors boosted its position in shares of Brooks Automation by 8.7% in the third quarter. BlackRock Fund Advisors now owns 4,825,649 shares of the company’s stock valued at $65,677,000 after buying an additional 385,131 shares during the last quarter. 91.41% of the stock is currently owned by institutional investors and hedge funds.

Shares of Brooks Automation (NASDAQ:BRKS) opened at 16.53 on Monday. The stock’s 50 day moving average price is $13.96 and its 200-day moving average price is $12.46. Brooks Automation has a 52-week low of $8.33 and a 52-week high of $16.57. The firm’s market cap is $1.09 billion.

Brooks Automation (NASDAQ:BRKS) last announced its quarterly earnings results on Thursday, November 10th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.07. Brooks Automation had a positive return on equity of 5.75% and a negative net margin of 12.40%. The firm earned $157.55 million during the quarter, compared to the consensus estimate of $145.77 million. During the same period in the prior year, the firm earned $0.17 EPS. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. On average, equities research analysts anticipate that Brooks Automation will post $0.85 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 23rd. Shareholders of record on Friday, December 2nd will be given a $0.10 dividend. The ex-dividend date is Wednesday, November 30th. This represents a $0.40 dividend on an annualized basis and a yield of 2.42%. Brooks Automation’s payout ratio is currently -39.22%.

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About Brooks Automation

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.

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