Several other equities research analysts have also recently weighed in on COL. Credit Suisse Group reissued a buy rating and issued a $120.00 price objective on shares of Rockwell Collins in a research report on Wednesday, July 19th. Jefferies Group LLC reissued a hold rating and issued a $108.00 price objective on shares of Rockwell Collins in a research report on Tuesday, July 25th. BidaskClub cut Rockwell Collins from a buy rating to a hold rating in a research report on Tuesday, July 25th. Cowen and Company reissued a market perform rating and issued a $115.00 price objective on shares of Rockwell Collins in a research report on Friday, July 28th. Finally, Canaccord Genuity raised Rockwell Collins from a hold rating to a buy rating and increased their price objective for the company from $108.00 to $125.00 in a research report on Tuesday, August 1st. One research analyst has rated the stock with a sell rating, seventeen have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of Hold and a consensus price target of $128.85.
Rockwell Collins (NYSE:COL) opened at $132.05 on Friday. Rockwell Collins has a twelve month low of $87.17 and a twelve month high of $136.50. The company has a current ratio of 1.55, a quick ratio of 0.75 and a debt-to-equity ratio of 1.10. The company has a market capitalization of $21,712.46, a P/E ratio of 22.30, a price-to-earnings-growth ratio of 1.60 and a beta of 0.73.
Rockwell Collins (NYSE:COL) last announced its quarterly earnings results on Friday, October 27th. The aerospace company reported $1.80 EPS for the quarter, meeting the consensus estimate of $1.80. Rockwell Collins had a return on equity of 22.00% and a net margin of 10.33%. The company had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.23 billion. During the same quarter last year, the company posted $1.58 earnings per share. The company’s revenue for the quarter was up 51.8% compared to the same quarter last year. equities research analysts forecast that Rockwell Collins will post 7.18 EPS for the current year.
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The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 4th. Shareholders of record on Monday, November 13th will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Friday, November 10th. This represents a $1.32 annualized dividend and a yield of 1.00%. Rockwell Collins’s dividend payout ratio is currently 27.62%.
In related news, Director Harlan Donnley Meade acquired 1,666,667 shares of the company’s stock in a transaction on Friday, September 15th. The stock was purchased at an average cost of $0.06 per share, for a total transaction of $100,000.02. Also, VP Tatum J. Buse sold 19,170 shares of the stock in a transaction on Monday, November 6th. The stock was sold at an average price of $135.36, for a total value of $2,594,851.20. Following the transaction, the vice president now owns 3,722 shares of the company’s stock, valued at $503,809.92. The disclosure for this sale can be found here. Insiders have sold 533,747 shares of company stock valued at $72,229,429 over the last quarter. Corporate insiders own 1.50% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in COL. NEXT Financial Group Inc raised its stake in Rockwell Collins by 35.7% during the second quarter. NEXT Financial Group Inc now owns 950 shares of the aerospace company’s stock worth $100,000 after acquiring an additional 250 shares in the last quarter. Fieldpoint Private Securities LLC acquired a new position in Rockwell Collins during the third quarter worth $100,000. FNY Partners Fund LP acquired a new position in Rockwell Collins during the third quarter worth $104,000. Jacobi Capital Management LLC raised its stake in Rockwell Collins by 30.0% during the second quarter. Jacobi Capital Management LLC now owns 1,001 shares of the aerospace company’s stock worth $108,000 after acquiring an additional 231 shares in the last quarter. Finally, Highlander Capital Management LLC raised its stake in Rockwell Collins by 106.0% during the second quarter. Highlander Capital Management LLC now owns 1,024 shares of the aerospace company’s stock worth $108,000 after acquiring an additional 527 shares in the last quarter. Hedge funds and other institutional investors own 78.06% of the company’s stock.
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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