Rockwell Automation (NYSE:ROK) VP Isaac Woods Sells 103 Shares

Rockwell Automation, Inc. (NYSE:ROK) VP Isaac Woods sold 103 shares of the company’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $345.16, for a total transaction of $35,551.48. Following the completion of the sale, the vice president directly owned 1,912 shares of the company’s stock, valued at $659,945.92. The trade was a 5.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Isaac Woods also recently made the following trade(s):

• On Friday, August 29th, Isaac Woods sold 365 shares of Rockwell Automation stock. The stock was sold at an average price of $348.44, for a total transaction of $127,180.60.

Rockwell Automation Trading Down 1.1%

Shares of ROK stock opened at $339.34 on Thursday. The company has a 50 day moving average of $345.64 and a 200-day moving average of $303.10. The company has a quick ratio of 0.72, a current ratio of 1.06 and a debt-to-equity ratio of 0.72. Rockwell Automation, Inc. has a 12-month low of $215.00 and a 12-month high of $360.92. The firm has a market cap of $38.15 billion, a P/E ratio of 39.83, a PEG ratio of 3.58 and a beta of 1.41.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings results on Wednesday, August 6th. The industrial products company reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.67 by $0.15. Rockwell Automation had a net margin of 12.03% and a return on equity of 30.14%. The company had revenue of $2.14 billion during the quarter, compared to analyst estimates of $2.07 billion. During the same quarter last year, the business posted $2.71 EPS. Rockwell Automation’s quarterly revenue was up 4.5% compared to the same quarter last year. Sell-side analysts anticipate that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. NWF Advisory Services Inc. bought a new position in Rockwell Automation in the 2nd quarter valued at $208,000. Osaic Holdings Inc. boosted its holdings in Rockwell Automation by 14.1% in the 2nd quarter. Osaic Holdings Inc. now owns 42,430 shares of the industrial products company’s stock valued at $13,721,000 after purchasing an additional 5,249 shares during the period. Orion Porfolio Solutions LLC boosted its holdings in Rockwell Automation by 12.0% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 15,282 shares of the industrial products company’s stock valued at $5,076,000 after purchasing an additional 1,635 shares during the period. Stance Capital LLC bought a new position in Rockwell Automation in the 2nd quarter valued at $2,604,000. Finally, B. Riley Wealth Advisors Inc. bought a new position in Rockwell Automation in the 2nd quarter valued at $527,000. 75.75% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Wall Street Zen raised shares of Rockwell Automation from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. CICC Research assumed coverage on shares of Rockwell Automation in a report on Monday, July 7th. They issued an “outperform” rating and a $381.00 price objective for the company. JPMorgan Chase & Co. raised their price objective on shares of Rockwell Automation from $271.00 to $299.00 and gave the stock a “neutral” rating in a report on Friday, May 16th. Oppenheimer cut their price objective on shares of Rockwell Automation from $371.00 to $363.00 and set an “outperform” rating for the company in a report on Thursday, August 7th. Finally, Citigroup reaffirmed a “buy” rating and issued a $392.00 price objective (up from $371.00) on shares of Rockwell Automation in a report on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Rockwell Automation has an average rating of “Moderate Buy” and a consensus price target of $340.16.

About Rockwell Automation

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.