Hodges Capital Management Inc. cut its stake in shares of Brooks Automation, Inc (NASDAQ:BRKS) by 0.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 359,040 shares of the semiconductor company’s stock after selling 2,560 shares during the period. Hodges Capital Management Inc. owned approximately 0.51% of Brooks Automation worth $10,531,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. BlackRock Inc. grew its holdings in shares of Brooks Automation by 2.2% in the fourth quarter. BlackRock Inc. now owns 10,354,003 shares of the semiconductor company’s stock valued at $271,068,000 after purchasing an additional 223,060 shares in the last quarter. Vanguard Group Inc grew its holdings in shares of Brooks Automation by 5.7% in the third quarter. Vanguard Group Inc now owns 7,208,353 shares of the semiconductor company’s stock valued at $252,508,000 after purchasing an additional 387,119 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Brooks Automation by 5.7% in the third quarter. Vanguard Group Inc. now owns 7,208,353 shares of the semiconductor company’s stock valued at $252,508,000 after purchasing an additional 387,119 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its holdings in shares of Brooks Automation by 35.1% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,116,115 shares of the semiconductor company’s stock valued at $81,580,000 after purchasing an additional 809,567 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of Brooks Automation by 6.7% in the fourth quarter. Bank of New York Mellon Corp now owns 2,084,225 shares of the semiconductor company’s stock valued at $54,565,000 after purchasing an additional 130,772 shares in the last quarter. Institutional investors and hedge funds own 98.54% of the company’s stock.

A number of brokerages recently weighed in on BRKS. BidaskClub upgraded shares of Brooks Automation from a “sell” rating to a “hold” rating in a report on Friday, April 5th. Zacks Investment Research upgraded shares of Brooks Automation from a “strong sell” rating to a “hold” rating in a report on Monday, February 4th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $37.00.

Brooks Automation stock traded down $0.36 during trading on Monday, reaching $30.96. The stock had a trading volume of 216,705 shares, compared to its average volume of 599,465. Brooks Automation, Inc has a 52-week low of $23.02 and a 52-week high of $39.75. The company has a quick ratio of 2.15, a current ratio of 2.73 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $2.22 billion, a P/E ratio of 48.38 and a beta of 1.31.

Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings results on Tuesday, February 5th. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.05. Brooks Automation had a net margin of 14.86% and a return on equity of 11.80%. The company had revenue of $179.37 million during the quarter, compared to the consensus estimate of $174.46 million. During the same quarter in the previous year, the firm earned $0.09 earnings per share. The firm’s quarterly revenue was up 25.8% on a year-over-year basis. As a group, research analysts anticipate that Brooks Automation, Inc will post 0.75 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, March 1st were paid a $0.10 dividend. The ex-dividend date of this dividend was Thursday, February 28th. This represents a $0.40 dividend on an annualized basis and a yield of 1.29%. Brooks Automation’s dividend payout ratio is currently 62.50%.

In related news, SVP William T. Montone sold 3,000 shares of Brooks Automation stock in a transaction that occurred on Friday, January 25th. The shares were sold at an average price of $30.50, for a total value of $91,500.00. Following the completion of the transaction, the senior vice president now owns 123,540 shares in the company, valued at $3,767,970. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jason Joseph sold 6,000 shares of Brooks Automation stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $29.81, for a total transaction of $178,860.00. Following the completion of the transaction, the senior vice president now owns 85,661 shares of the company’s stock, valued at approximately $2,553,554.41. The disclosure for this sale can be found here. Insiders sold 29,704 shares of company stock valued at $946,342 in the last quarter. 2.45% of the stock is owned by insiders.

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

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