Bahl & Gaynor Inc. lifted its holdings in shares of Brooks Automation, Inc (NASDAQ:BRKS) by 0.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,096 shares of the semiconductor company’s stock after purchasing an additional 384 shares during the quarter. Bahl & Gaynor Inc. owned 0.07% of Brooks Automation worth $1,619,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Archer Investment Corp acquired a new position in shares of Brooks Automation during the 4th quarter worth $33,000. Knuff & Co LLC bought a new position in Brooks Automation in the 4th quarter worth $46,000. Sowell Financial Services LLC boosted its holdings in Brooks Automation by 5,183.7% in the 1st quarter. Sowell Financial Services LLC now owns 2,272 shares of the semiconductor company’s stock worth $69,000 after buying an additional 2,229 shares during the period. Fifth Third Bancorp boosted its holdings in Brooks Automation by 61.3% in the 1st quarter. Fifth Third Bancorp now owns 2,464 shares of the semiconductor company’s stock worth $75,000 after buying an additional 936 shares during the period. Finally, Mutual of America Capital Management LLC boosted its holdings in Brooks Automation by 21.5% in the 1st quarter. Mutual of America Capital Management LLC now owns 3,138 shares of the semiconductor company’s stock worth $96,000 after buying an additional 555 shares during the period. 97.37% of the stock is currently owned by institutional investors.

Shares of NASDAQ:BRKS traded down $1.14 during midday trading on Friday, reaching $42.70. The company had a trading volume of 4,964 shares, compared to its average volume of 493,435. The stock has a market capitalization of $3.17 billion, a P/E ratio of 7.20 and a beta of 1.48. The stock’s fifty day moving average price is $40.74 and its 200-day moving average price is $37.77. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.91 and a quick ratio of 2.36. Brooks Automation, Inc has a one year low of $21.19 and a one year high of $50.35.

Brooks Automation (NASDAQ:BRKS) last announced its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.25 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.25. Brooks Automation had a net margin of 52.96% and a return on equity of 6.41%. The company had revenue of $220.23 million during the quarter, compared to the consensus estimate of $219.27 million. During the same quarter in the previous year, the company posted $0.17 earnings per share. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Brooks Automation, Inc will post 0.88 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 5th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $0.40 annualized dividend and a yield of 0.94%. Brooks Automation’s dividend payout ratio is presently 51.95%.

BRKS has been the subject of several research reports. ValuEngine raised shares of Brooks Automation from a “hold” rating to a “buy” rating in a report on Friday, May 1st. B. Riley increased their price objective on shares of Brooks Automation from $40.00 to $50.00 and gave the company a “buy” rating in a report on Friday, May 1st. Janney Montgomery Scott reissued a “buy” rating on shares of Brooks Automation in a report on Friday, March 27th. Citigroup increased their price objective on shares of Brooks Automation from $37.00 to $40.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Finally, BidaskClub upgraded shares of Brooks Automation from a “hold” rating to a “buy” rating in a research report on Friday, June 19th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Brooks Automation has a consensus rating of “Buy” and an average target price of $44.00.

In related news, CFO Lindon G. Robertson sold 12,132 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $44.30, for a total transaction of $537,447.60. Following the sale, the chief financial officer now owns 102,675 shares in the company, valued at approximately $4,548,502.50. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Joseph R. Martin sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $40.54, for a total value of $202,700.00. Following the transaction, the director now directly owns 83,619 shares in the company, valued at $3,389,914.26. The disclosure for this sale can be found here. Insiders have sold a total of 27,132 shares of company stock valued at $1,135,148 in the last three months. 2.66% of the stock is owned by insiders.

Brooks Automation 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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