Rockwell Collins (NYSE:COL) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Friday, February 2nd.
Other analysts have also issued reports about the company. Cowen reissued a “hold” rating and issued a $135.00 price objective on shares of Rockwell Collins in a report on Friday, January 26th. Wells Fargo & Co lowered Rockwell Collins from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 16th. Zacks Investment Research lowered Rockwell Collins from a “buy” rating to a “hold” rating in a report on Monday, January 15th. Canaccord Genuity lowered their price objective on Rockwell Collins from $140.00 to $137.00 and set a “hold” rating for the company in a report on Tuesday, January 30th. Finally, Royal Bank of Canada set a $151.00 price objective on Rockwell Collins and gave the company a “hold” rating in a report on Wednesday, January 24th. One analyst has rated the stock with a sell rating, eighteen have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $134.01.
Shares of Rockwell Collins (NYSE:COL) opened at $134.68 on Friday. Rockwell Collins has a 52-week low of $91.23 and a 52-week high of $139.63. The stock has a market capitalization of $21,843.75, a PE ratio of 25.08, a PEG ratio of 1.77 and a beta of 0.72. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.73 and a current ratio of 1.56.
Rockwell Collins (NYSE:COL) last announced its earnings results on Friday, January 26th. The aerospace company reported $1.59 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.53 by $0.06. Rockwell Collins had a return on equity of 19.58% and a net margin of 10.99%. The business had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2 billion. During the same period in the previous year, the company earned $1.20 earnings per share. The company’s revenue for the quarter was up 68.6% compared to the same quarter last year. research analysts predict that Rockwell Collins will post 7.12 EPS for the current year.
In other news, VP Robert A. Sturgell sold 1,734 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $132.10, for a total transaction of $229,061.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Patrick E. Allen sold 25,410 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $135.02, for a total value of $3,430,858.20. The disclosure for this sale can be found here. Insiders have sold 38,065 shares of company stock valued at $5,120,819 over the last ninety days. Corporate insiders own 1.10% of the company’s stock.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Simmons Bank boosted its position in shares of Rockwell Collins by 0.6% during the second quarter. Simmons Bank now owns 7,593 shares of the aerospace company’s stock worth $799,000 after buying an additional 43 shares during the period. Sentry Investment Management LLC boosted its position in shares of Rockwell Collins by 1.1% during the second quarter. Sentry Investment Management LLC now owns 9,707 shares of the aerospace company’s stock worth $1,020,000 after buying an additional 104 shares during the period. First Allied Advisory Services Inc. boosted its position in shares of Rockwell Collins by 6.0% during the second quarter. First Allied Advisory Services Inc. now owns 4,201 shares of the aerospace company’s stock worth $443,000 after buying an additional 236 shares during the period. Fulton Bank N.A. boosted its position in shares of Rockwell Collins by 13.8% during the third quarter. Fulton Bank N.A. now owns 3,153 shares of the aerospace company’s stock worth $413,000 after buying an additional 383 shares during the period. Finally, FTB Advisors Inc. boosted its position in shares of Rockwell Collins by 36.8% during the second quarter. FTB Advisors Inc. now owns 1,458 shares of the aerospace company’s stock worth $175,000 after buying an additional 392 shares during the period. Institutional investors and hedge funds own 71.36% of the company’s stock.
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Rockwell Collins Company Profile
Rockwell Collins, Inc designs, produces and supports communications and aviation systems for commercial and military customers. The Company provides information management services through voice and data communication networks and solutions across the world. The Company operates through three segments: Commercial Systems, Government Systems and Information Management Services.
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