Rep. Robert Bresnahan, Jr. Purchases Shares of Rockwell Automation, Inc. (NYSE:ROK)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Rockwell Automation, Inc. (NYSE:ROK). In a filing disclosed on March 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Rockwell Automation stock on February 25th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 3/7/2025.
• Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/6/2025.
• Purchased $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/5/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 3/4/2025.
• Sold $15,001 – $50,000 in shares of Alibaba Group (NYSE:BABA) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Zoom Video Communications (NASDAQ:ZM) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 3/3/2025.
• Purchased $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/3/2025.

Rockwell Automation Price Performance

Shares of NYSE:ROK traded down $9.86 during midday trading on Friday, reaching $258.22. 987,837 shares of the company’s stock were exchanged, compared to its average volume of 846,610. The company’s 50 day simple moving average is $278.93 and its two-hundred day simple moving average is $278.64. Rockwell Automation, Inc. has a 12 month low of $242.81 and a 12 month high of $308.70. The firm has a market capitalization of $29.20 billion, a PE ratio of 32.16, a price-to-earnings-growth ratio of 3.53 and a beta of 1.39. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.72 and a current ratio of 1.08.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Monday, February 10th. The industrial products company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.22. Rockwell Automation had a return on equity of 30.17% and a net margin of 11.38%. Equities research analysts expect that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 18th were issued a $1.31 dividend. This represents a $5.24 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend was Tuesday, February 18th. Rockwell Automation’s dividend payout ratio (DPR) is currently 65.26%.

Insider Buying and Selling

In other Rockwell Automation news, VP Isaac Woods sold 895 shares of the company’s stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $274.72, for a total value of $245,874.40. Following the transaction, the vice president now owns 1,198 shares of the company’s stock, valued at $329,114.56. This represents a 42.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Tessa M. Myers sold 1,231 shares of the business’s stock in a transaction on Friday, February 28th. The stock was sold at an average price of $285.43, for a total value of $351,364.33. Following the transaction, the senior vice president now directly owns 3,650 shares of the company’s stock, valued at $1,041,819.50. The trade was a 25.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,352 shares of company stock worth $1,246,298. 0.68% of the stock is owned by company insiders.

Hedge Funds Weigh In On Rockwell Automation

Several institutional investors have recently made changes to their positions in ROK. Great Valley Advisor Group Inc. increased its stake in Rockwell Automation by 2.2% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 1,928 shares of the industrial products company’s stock worth $518,000 after acquiring an additional 42 shares during the last quarter. Cerity Partners LLC raised its stake in Rockwell Automation by 2.3% in the third quarter. Cerity Partners LLC now owns 30,626 shares of the industrial products company’s stock worth $8,222,000 after buying an additional 676 shares in the last quarter. Larson Financial Group LLC boosted its holdings in shares of Rockwell Automation by 70.7% in the 3rd quarter. Larson Financial Group LLC now owns 601 shares of the industrial products company’s stock valued at $161,000 after buying an additional 249 shares in the last quarter. Summit Trail Advisors LLC grew its stake in Rockwell Automation by 6.4% during the 3rd quarter. Summit Trail Advisors LLC now owns 1,725 shares of the industrial products company’s stock worth $463,000 after buying an additional 103 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its holdings in shares of Rockwell Automation by 8.2% in the third quarter. Daiwa Securities Group Inc. now owns 21,190 shares of the industrial products company’s stock worth $5,688,000 after buying an additional 1,597 shares during the last quarter. Institutional investors own 75.75% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Jefferies Financial Group upgraded Rockwell Automation from a “hold” rating to a “buy” rating and boosted their target price for the stock from $290.00 to $350.00 in a research report on Thursday, December 12th. The Goldman Sachs Group lifted their price target on shares of Rockwell Automation from $257.00 to $290.00 and gave the stock a “sell” rating in a research report on Tuesday, February 11th. Oppenheimer increased their price objective on shares of Rockwell Automation from $300.00 to $320.00 and gave the company an “outperform” rating in a report on Tuesday, February 11th. Wells Fargo & Company lifted their target price on shares of Rockwell Automation from $315.00 to $337.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Finally, Loop Capital increased their price target on Rockwell Automation from $260.00 to $280.00 and gave the company a “hold” rating in a research note on Tuesday, February 25th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $307.42.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Rockwell Automation Company Profile

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.