HM Payson & Co. acquired a new position in shares of Brooks Automation, Inc. (NASDAQ:BRKS) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,000 shares of the semiconductor company’s stock, valued at approximately $339,000.

Other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. acquired a new stake in Brooks Automation during the fourth quarter worth about $37,000. Planned Solutions Inc. acquired a new stake in Brooks Automation during the fourth quarter worth about $44,000. KBC Group NV acquired a new stake in Brooks Automation during the fourth quarter worth about $62,000. USA Financial Portformulas Corp acquired a new stake in Brooks Automation during the fourth quarter worth about $150,000. Finally, Sowell Financial Services LLC boosted its stake in shares of Brooks Automation by 25.3% in the 4th quarter. Sowell Financial Services LLC now owns 2,226 shares of the semiconductor company’s stock valued at $151,000 after purchasing an additional 450 shares in the last quarter. Hedge funds and other institutional investors own 95.29% of the company’s stock.

Shares of NASDAQ BRKS opened at $96.68 on Thursday. The company has a 50 day simple moving average of $84.10 and a 200 day simple moving average of $70.39. The firm has a market cap of $7.18 billion, a PE ratio of 109.86 and a beta of 1.97. Brooks Automation, Inc. has a 1 year low of $29.82 and a 1 year high of $101.63. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.08 and a quick ratio of 2.53.

Brooks Automation (NASDAQ:BRKS) last released its quarterly earnings results on Monday, February 1st. The semiconductor company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.05. Brooks Automation had a net margin of 7.23% and a return on equity of 7.95%. The firm had revenue of $250.00 million during the quarter, compared to analyst estimates of $243.62 million. During the same quarter last year, the business earned $0.23 EPS. The company’s revenue was up 19.0% compared to the same quarter last year. As a group, research analysts anticipate that Brooks Automation, Inc. will post 1.72 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 26th. Shareholders of record on Friday, March 5th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, March 4th. This represents a $0.40 annualized dividend and a yield of 0.41%. Brooks Automation’s payout ratio is 31.75%.

A number of research firms have recently weighed in on BRKS. Citigroup raised their price target on shares of Brooks Automation from $65.00 to $90.00 in a research note on Monday, January 25th. B. Riley raised their price target on shares of Brooks Automation from $105.00 to $125.00 and gave the company a “buy” rating in a research note on Monday. KeyCorp raised their price target on shares of Brooks Automation from $99.00 to $111.00 and gave the company an “overweight” rating in a research note on Wednesday, February 10th. Finally, Credit Suisse Group raised their price target on shares of Brooks Automation from $58.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday, February 3rd. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Brooks Automation presently has an average rating of “Buy” and an average target price of $80.33.

Brooks Automation Profile

Brooks Automation, Inc provides manufacturing automation solutions for the semiconductor industry, and life science sample-based services and solutions for the life sciences market worldwide. The company operates in three segments: Brooks Semiconductor Solutions Group, Brooks Life Sciences Services, and Brooks Life Sciences Products.

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

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