Swiss National Bank Has $2.53 Million Holdings in Brooks Automation, Inc. (BRKS)
Swiss National Bank boosted its stake in Brooks Automation, Inc. (NASDAQ:BRKS) by 2.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 116,800 shares of the semiconductor company’s stock after buying an additional 3,000 shares during the period. Swiss National Bank owned 0.17% of Brooks Automation worth $2,533,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. lifted its stake in Brooks Automation by 49,535.5% in the first quarter. BlackRock Inc. now owns 8,670,335 shares of the semiconductor company’s stock valued at $194,215,000 after buying an additional 8,652,867 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Brooks Automation by 23.7% during the second quarter. Bank of New York Mellon Corp now owns 2,555,177 shares of the semiconductor company’s stock valued at $55,421,000 after acquiring an additional 489,434 shares during the period. Bogle Investment Management L P DE acquired a new position in shares of Brooks Automation during the first quarter valued at $7,222,000. Vanguard Group Inc. boosted its holdings in shares of Brooks Automation by 4.4% during the first quarter. Vanguard Group Inc. now owns 6,282,912 shares of the semiconductor company’s stock valued at $140,738,000 after acquiring an additional 262,325 shares during the period. Finally, Bank of Montreal Can boosted its holdings in shares of Brooks Automation by 262.1% during the second quarter. Bank of Montreal Can now owns 336,098 shares of the semiconductor company’s stock valued at $7,290,000 after acquiring an additional 243,280 shares during the period. 90.39% of the stock is currently owned by hedge funds and other institutional investors.
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Brooks Automation, Inc. (NASDAQ:BRKS) opened at 30.36 on Monday. The stock 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 $30.42. The company has a market cap of $2.04 billion, a PE ratio of 38.00 and a beta of 1.10.
Brooks Automation (NASDAQ:BRKS) last announced its earnings results on Wednesday, August 2nd. The semiconductor company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.30 by $0.06. The business had revenue of $181.72 million for the quarter, compared to the consensus estimate of $177.40 million. Brooks Automation had a return on equity of 11.25% and a net margin of 8.34%. Brooks Automation’s revenue was up 23.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.16 EPS. Equities analysts forecast that Brooks Automation, Inc. will post $1.18 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 8th were issued a dividend of $0.10 per share. The ex-dividend date was Thursday, September 7th. This represents a $0.40 dividend on an annualized basis and a yield of 1.32%. Brooks Automation’s dividend payout ratio is 50.00%.
Several research firms have recently commented on BRKS. Needham & Company LLC lowered shares of Brooks Automation from a “buy” rating to a “hold” rating in a research report on Monday, September 18th. They noted that the move was a valuation call. Janney Montgomery Scott lifted their price objective on shares of Brooks Automation from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday, September 14th. B. Riley reiterated a “buy” rating and issued a $32.00 price objective on shares of Brooks Automation in a research report on Monday, June 12th. ValuEngine downgraded shares of Brooks Automation from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. Finally, BidaskClub lowered shares of Brooks Automation from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 17th. Four research 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 company currently has an average rating of “Buy” and an average target price of $29.57.
Brooks Automation Company Profile
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.
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