Shares of Rockwell Collins, Inc. (NYSE:COL) have been given an average recommendation of “Hold” by the twenty-six brokerages that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, eighteen have issued a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $124.44.

A number of research firms have weighed in on COL. Canaccord Genuity lowered Rockwell Collins from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $125.00 to $140.00 in a research note on Tuesday, September 5th. Drexel Hamilton lowered Rockwell Collins from a “buy” rating to a “hold” rating in a research note on Wednesday, September 6th. Seaport Global Securities lowered Rockwell Collins from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 6th. Wolfe Research lowered Rockwell Collins from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, September 6th. Finally, Robert W. Baird lowered Rockwell Collins from an “outperform” rating to a “neutral” rating and set a $140.00 price target on the stock. in a research note on Wednesday.

In related news, Director Harlan Donnley Meade purchased 1,666,667 shares of the business’s stock in a transaction on Friday, September 15th. The shares were bought at an average price of $0.06 per share, for a total transaction of $100,000.02. In the last 90 days, insiders have acquired 1,678,667 shares of company stock worth $100,960. 1.50% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently modified their holdings of the business. NEXT Financial Group Inc increased its holdings in Rockwell Collins by 35.7% during the 2nd quarter. NEXT Financial Group Inc now owns 950 shares of the aerospace company’s stock worth $100,000 after purchasing an additional 250 shares during the period. Jacobi Capital Management LLC increased its holdings in Rockwell Collins by 30.0% during the 2nd quarter. Jacobi Capital Management LLC now owns 1,001 shares of the aerospace company’s stock worth $108,000 after purchasing an additional 231 shares during the period. Highlander Capital Management LLC increased its holdings in Rockwell Collins by 106.0% during the 2nd quarter. Highlander Capital Management LLC now owns 1,024 shares of the aerospace company’s stock worth $108,000 after purchasing an additional 527 shares during the period. Whittier Trust Co. increased its holdings in Rockwell Collins by 3.2% during the 2nd quarter. Whittier Trust Co. now owns 1,141 shares of the aerospace company’s stock worth $120,000 after purchasing an additional 35 shares during the period. Finally, Global X Management Co. LLC increased its holdings in Rockwell Collins by 31.1% during the 1st quarter. Global X Management Co. LLC now owns 1,173 shares of the aerospace company’s stock worth $114,000 after purchasing an additional 278 shares during the period. Institutional investors own 77.86% of the company’s stock.

Shares of Rockwell Collins (NYSE COL) opened at 131.09 on Friday. The stock has a market cap of $21.30 billion, a price-to-earnings ratio of 26.02 and a beta of 0.75. The company’s 50-day moving average price is $125.58 and its 200 day moving average price is $108.72. Rockwell Collins has a 12-month low of $78.54 and a 12-month high of $135.31.

Rockwell Collins (NYSE:COL) last released its quarterly earnings data on Friday, July 28th. The aerospace company reported $1.64 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.58 by $0.06. The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.04 billion. Rockwell Collins had a return on equity of 26.20% and a net margin of 11.52%. The firm’s revenue for the quarter was up 57.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.63 earnings per share. On average, equities analysts predict that Rockwell Collins will post $6.09 earnings per share for the current year.

Rockwell Collins announced that its Board of Directors has authorized a stock buyback program on Friday, July 7th that authorizes the company to buyback $200.00 million in outstanding shares. This buyback authorization authorizes the aerospace company to buy up to 1.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 5th. Shareholders of record on Monday, August 14th were issued a dividend of $0.33 per share. The ex-dividend date was Thursday, August 10th. This represents a $1.32 annualized dividend and a yield of 1.01%. Rockwell Collins’s dividend payout ratio (DPR) is 26.04%.

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About Rockwell Collins

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.

Analyst Recommendations for Rockwell Collins (NYSE:COL)

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