New York State Common Retirement Fund Purchases 20,192 Shares of Brooks Automation, Inc. (BRKS)

New York State Common Retirement Fund boosted its holdings in Brooks Automation, Inc. (NASDAQ:BRKS) by 29.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 88,593 shares of the semiconductor company’s stock after acquiring an additional 20,192 shares during the period. New York State Common Retirement Fund owned 0.13% of Brooks Automation worth $1,922,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Louisiana State Employees Retirement System grew its stake 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 valued at $616,000 after acquiring an additional 100 shares during the last quarter. Arizona State Retirement System boosted its stake in shares of 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 purchasing an additional 100 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its stake in shares of 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 purchasing an additional 230 shares during the last quarter. Amalgamated Bank boosted its stake in shares of 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 purchasing an additional 313 shares during the last quarter. Finally, Texas Permanent School Fund boosted its stake in shares of 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 purchasing an additional 513 shares during the last quarter. 90.61% of the stock is currently owned by hedge funds and other institutional investors.

In other Brooks Automation news, SVP William T. Montone sold 2,257 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $33.80, for a total transaction of $76,286.60. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider David C. Gray sold 2,394 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $33.80, for a total value of $80,917.20. The disclosure for this sale can be found here. Over the last quarter, insiders sold 19,784 shares of company stock worth $668,699. 2.24% of the stock is owned by company insiders.

Several equities research analysts recently issued reports on BRKS shares. BidaskClub cut shares of Brooks Automation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. B. Riley restated a “buy” rating and issued a $34.00 price target on shares of Brooks Automation in a report on Thursday, August 3rd. Credit Suisse Group restated a “hold” rating and issued a $26.00 price target on shares of Brooks Automation in a report on Thursday, August 3rd. ValuEngine upgraded shares of Brooks Automation from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Finally, Zacks Investment Research upgraded shares of Brooks Automation from a “hold” rating to a “strong-buy” rating and set a $26.00 price objective on the stock in a research note on Friday, August 4th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $31.57.

Shares of Brooks Automation, Inc. (NASDAQ BRKS) traded down $2.49 on Friday, hitting $26.29. 2,337,300 shares of the stock traded hands, compared to its average volume of 659,758. Brooks Automation, Inc. has a 52 week low of $14.18 and a 52 week high of $34.77. The firm has a market capitalization of $2,008.02, a P/E ratio of 26.17 and a beta of 1.06.

Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings data on Thursday, November 9th. The semiconductor company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.06. Brooks Automation had a net margin of 9.04% and a return on equity of 13.40%. The business had revenue of $181.88 million for the quarter, compared to analysts’ expectations of $174.66 million. During the same period in the previous year, the business earned $0.22 earnings per share. The company’s revenue was up 15.4% on a year-over-year basis. equities analysts forecast that Brooks Automation, Inc. will post 1.35 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Friday, December 1st will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.52%. The ex-dividend date is Thursday, November 30th. Brooks Automation’s dividend payout ratio (DPR) is presently 44.44%.

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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.

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

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