PDT Partners LLC acquired a new stake in shares of Brooks Automation, Inc. (NASDAQ:BRKS) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 215,200 shares of the semiconductor company’s stock, valued at approximately $4,668,000. PDT Partners LLC owned 0.32% of Brooks Automation at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in BRKS. Louisiana State Employees Retirement System increased its holdings in Brooks Automation by 0.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 28,400 shares of the semiconductor company’s stock worth $616,000 after acquiring an additional 100 shares in the last quarter. Arizona State Retirement System raised its stake in Brooks Automation by 0.3% during the 2nd quarter. Arizona State Retirement System now owns 36,293 shares of the semiconductor company’s stock worth $787,000 after acquiring an additional 100 shares during the period. Municipal Employees Retirement System of Michigan raised its stake in Brooks Automation by 1.5% during the 1st quarter. Municipal Employees Retirement System of Michigan now owns 15,770 shares of the semiconductor company’s stock worth $353,000 after acquiring an additional 230 shares during the period. Amalgamated Bank raised its stake in Brooks Automation by 3.4% during the 2nd quarter. Amalgamated Bank now owns 9,526 shares of the semiconductor company’s stock worth $207,000 after acquiring an additional 313 shares during the period. Finally, Texas Permanent School Fund raised its stake in Brooks Automation by 1.0% during the 2nd quarter. Texas Permanent School Fund now owns 50,847 shares of the semiconductor company’s stock worth $1,103,000 after acquiring an additional 513 shares during the period. Institutional investors own 90.39% of the company’s stock.

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Brooks Automation, Inc. (NASDAQ BRKS) opened at 30.54 on Monday. The firm has a 50-day moving average price of $25.63 and a 200 day moving average price of $24.70. Brooks Automation, Inc. has a 1-year low of $12.71 and a 1-year high of $30.59. The company has a market capitalization of $2.05 billion, a P/E ratio of 38.22 and a beta of 1.10.

Brooks Automation (NASDAQ:BRKS) last released its quarterly earnings results on Wednesday, August 2nd. The semiconductor company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.06. The company had revenue of $181.72 million during the quarter, compared to analysts’ expectations of $177.40 million. Brooks Automation had a return on equity of 11.25% and a net margin of 8.34%. Brooks Automation’s quarterly revenue was up 23.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.16 EPS. On average, equities analysts predict that Brooks Automation, Inc. will post $1.18 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 8th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend was Thursday, September 7th. Brooks Automation’s payout ratio is currently 50.00%.

Several equities analysts have weighed in on BRKS shares. ValuEngine downgraded shares of Brooks Automation from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. BidaskClub cut shares of Brooks Automation from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 17th. B. Riley reissued a “buy” rating and issued a $32.00 price objective on shares of Brooks Automation in a research note on Monday, June 12th. Zacks Investment Research downgraded shares of Brooks Automation from a “buy” rating to a “hold” rating in a research report on Wednesday, June 28th. Finally, Credit Suisse Group restated a “hold” rating and set a $26.00 price objective on shares of Brooks Automation in a research report on Thursday, August 3rd. Four investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $29.57.

About Brooks Automation

Brooks Automation, Inc is a provider of automation and cryogenic solutions for various applications and markets. The Company operates through 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.

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

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