Alfred Woollacott III Sells 4,355 Shares of Brooks Automation, Inc (BRKS) Stock

Brooks Automation, Inc (NASDAQ:BRKS) Director Alfred Woollacott III sold 4,355 shares of Brooks Automation stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $38.93, for a total transaction of $169,540.15. Following the transaction, the director now directly owns 84,736 shares of the company’s stock, valued at $3,298,772.48. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Brooks Automation stock opened at $38.93 on Friday. Brooks Automation, Inc has a 1 year low of $23.02 and a 1 year high of $40.21. The firm has a market capitalization of $2.77 billion, a P/E ratio of 60.83 and a beta of 1.41. The company has a debt-to-equity ratio of 0.73, a quick ratio of 2.25 and a current ratio of 2.86.

Brooks Automation (NASDAQ:BRKS) last released its quarterly earnings results on Monday, April 29th. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.07. Brooks Automation had a net margin of 6.68% and a return on equity of 9.45%. The firm had revenue of $198.00 million for the quarter, compared to analysts’ expectations of $193.24 million. During the same quarter last year, the company earned $0.40 EPS. The firm’s revenue for the quarter was up 26.1% compared to the same quarter last year. As a group, analysts forecast that Brooks Automation, Inc will post 0.77 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 7th will be paid a dividend of $0.10 per share. The ex-dividend date is Thursday, June 6th. This represents a $0.40 annualized dividend and a yield of 1.03%. Brooks Automation’s dividend payout ratio (DPR) is presently 62.50%.

BRKS has been the subject of several recent research reports. Stifel Nicolaus lifted their target price on shares of Brooks Automation from $40.00 to $43.00 and gave the company a “buy” rating in a report on Tuesday, April 30th. BidaskClub raised shares of Brooks Automation from a “hold” rating to a “buy” rating in a report on Wednesday, February 20th. Zacks Investment Research raised shares of Brooks Automation from a “sell” rating to a “hold” rating in a report on Tuesday, April 30th. Finally, ValuEngine raised shares of Brooks Automation from a “buy” rating to a “strong-buy” rating in a report on Wednesday, May 1st. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $39.17.

A number of institutional investors and hedge funds have recently made changes to their positions in BRKS. Oregon Public Employees Retirement Fund acquired a new stake in Brooks Automation during the 4th quarter worth $27,000. First Manhattan Co. acquired a new stake in Brooks Automation during the 4th quarter worth $47,000. First Mercantile Trust Co. boosted its stake in Brooks Automation by 19.5% during the 4th quarter. First Mercantile Trust Co. now owns 3,430 shares of the semiconductor company’s stock worth $90,000 after purchasing an additional 560 shares during the last quarter. Bank of Montreal Can boosted its stake in Brooks Automation by 22.3% during the 4th quarter. Bank of Montreal Can now owns 4,150 shares of the semiconductor company’s stock worth $109,000 after purchasing an additional 757 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in shares of Brooks Automation by 25.4% during the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 6,541 shares of the semiconductor company’s stock valued at $159,000 after acquiring an additional 1,324 shares during the last quarter. 98.54% of the stock is currently owned by institutional investors.

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Brooks Automation Company Profile

Brooks Automation, Inc provides automation and cryogenic solutions for various markets. The company operates in two segments, Brooks Semiconductor Solutions Group and Brooks Life Science Systems. The Brooks Semiconductor Solutions Group segment offers mission-critical wafer automation and contamination controls solutions and services.

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