Rockwell Automation (NYSE:ROK) SVP Sells $956,176.50 in Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Matheus De Viera Bulho sold 2,370 shares of the stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $403.45, for a total transaction of $956,176.50. Following the transaction, the senior vice president directly owned 1,964 shares in the company, valued at $792,375.80. This trade represents a 54.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Rockwell Automation Stock Down 0.0%

NYSE ROK traded down $0.02 during trading hours on Friday, hitting $403.87. The company’s stock had a trading volume of 780,201 shares, compared to its average volume of 1,097,298. The company has a market capitalization of $45.34 billion, a PE ratio of 52.73, a price-to-earnings-growth ratio of 2.71 and a beta of 1.50. The company’s 50-day simple moving average is $365.86 and its two-hundred day simple moving average is $346.71. Rockwell Automation, Inc. has a 52 week low of $215.00 and a 52 week high of $406.44. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70.

Rockwell Automation (NYSE:ROK) last released its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.94 by $0.40. The company had revenue of $4.63 billion during the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.Rockwell Automation’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period in the prior year, the company posted $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Research analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Monday, November 17th will be issued a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, November 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s payout ratio is 72.06%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ROK shares. Morgan Stanley boosted their target price on Rockwell Automation from $385.00 to $435.00 and gave the company an “overweight” rating in a research note on Monday, November 10th. JPMorgan Chase & Co. boosted their target price on shares of Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. Bank of America lifted their target price on Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. KeyCorp raised their price objective on Rockwell Automation from $370.00 to $380.00 and gave the company an “overweight” rating in a research note on Thursday, August 7th. Finally, Wall Street Zen raised shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Rockwell Automation presently has a consensus rating of “Moderate Buy” and an average target price of $372.56.

Hedge Funds Weigh In On Rockwell Automation

A number of large investors have recently added to or reduced their stakes in ROK. Norges Bank acquired a new position in Rockwell Automation during the second quarter worth about $368,575,000. Holocene Advisors LP raised its holdings in Rockwell Automation by 128.9% in the second quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock valued at $287,989,000 after acquiring an additional 488,262 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Rockwell Automation by 122.3% in the third quarter. JPMorgan Chase & Co. now owns 819,708 shares of the industrial products company’s stock valued at $286,522,000 after buying an additional 451,038 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in Rockwell Automation by 720.8% in the second quarter. Robeco Institutional Asset Management B.V. now owns 399,309 shares of the industrial products company’s stock valued at $132,638,000 after purchasing an additional 350,662 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board lifted its position in Rockwell Automation by 7,730.3% in the second quarter. Ontario Teachers Pension Plan Board now owns 354,792 shares of the industrial products company’s stock valued at $117,851,000 after acquiring an additional 350,261 shares during the last quarter. 75.75% of the stock is currently owned by institutional investors and hedge funds.

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.