Rockwell Collins (NYSE:COL) has been assigned a $151.00 price objective by equities research analysts at Royal Bank of Canada in a report issued on Wednesday. The brokerage currently has a “hold” rating on the aerospace company’s stock. Royal Bank of Canada’s price objective indicates a potential upside of 8.34% from the company’s previous close.
Other equities research analysts have also recently issued research reports about the company. SunTrust Banks reiterated a “hold” rating on shares of Rockwell Collins in a report on Monday, October 2nd. Zacks Investment Research upgraded Rockwell Collins from a “hold” rating to a “buy” rating and set a $151.00 target price on the stock in a report on Monday, October 23rd. ValuEngine cut Rockwell Collins from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Wells Fargo & Co cut Rockwell Collins from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 16th. Finally, Canaccord Genuity reiterated a “hold” rating and set a $140.00 target price on shares of Rockwell Collins in a report on Friday, October 6th. One research analyst has rated the stock with a sell rating, nineteen have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Rockwell Collins currently has a consensus rating of “Hold” and a consensus target price of $134.18.
Shares of Rockwell Collins (NYSE COL) traded up $0.81 during trading hours on Wednesday, reaching $139.37. The company’s stock had a trading volume of 1,744,758 shares, compared to its average volume of 1,090,000. The firm has a market cap of $22,830.00, a PE ratio of 25.91, a PEG ratio of 1.83 and a beta of 0.72. The company has a current ratio of 1.55, a quick ratio of 0.75 and a debt-to-equity ratio of 1.10. Rockwell Collins has a 52-week low of $89.81 and a 52-week high of $139.37.
Rockwell Collins (NYSE:COL) last announced its earnings results on Friday, January 26th. The aerospace company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.06. The firm had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $2 billion. Rockwell Collins had a return on equity of 22.00% and a net margin of 10.33%. Rockwell Collins’s quarterly revenue was up 68.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.20 EPS. equities analysts anticipate that Rockwell Collins will post 7.13 EPS for the current year.
In related news, CEO Robert Kelly Ortberg sold 395,110 shares of Rockwell Collins stock in a transaction on Monday, November 6th. The stock was sold at an average price of $135.35, for a total value of $53,478,138.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP David J. Nieuwsma sold 3,900 shares of Rockwell Collins stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $133.00, for a total value of $518,700.00. The disclosure for this sale can be found here. Insiders have sold 571,812 shares of company stock worth $77,350,247 in the last 90 days. Insiders own 1.10% of the company’s stock.
Institutional investors have recently modified their holdings of the stock. Frontier Investment Mgmt Co. acquired a new position in Rockwell Collins in the second quarter valued at $375,000. State of New Jersey Common Pension Fund D boosted its holdings in Rockwell Collins by 304.5% in the third quarter. State of New Jersey Common Pension Fund D now owns 445,000 shares of the aerospace company’s stock valued at $58,166,000 after acquiring an additional 335,000 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its holdings in Rockwell Collins by 1.3% in the third quarter. State Board of Administration of Florida Retirement System now owns 242,172 shares of the aerospace company’s stock valued at $31,654,000 after acquiring an additional 3,210 shares during the last quarter. U S Global Investors Inc. acquired a new position in Rockwell Collins in the second quarter valued at $665,000. Finally, Caisse DE Depot ET Placement DU Quebec boosted its holdings in Rockwell Collins by 1.9% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 41,939 shares of the aerospace company’s stock valued at $5,505,000 after acquiring an additional 800 shares during the last quarter. Hedge funds and other institutional investors own 72.18% of the company’s stock.
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.