John Miller Sells 92 Shares of Rockwell Automation (NYSE:ROK) Stock

Rockwell Automation, Inc. (NYSE:ROK) VP John Miller sold 92 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $401.92, for a total value of $36,976.64. Following the completion of the transaction, the vice president directly owned 5,969 shares of the company’s stock, valued at $2,399,060.48. This trade represents a 1.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Rockwell Automation Stock Performance

Rockwell Automation stock traded up $9.48 during mid-day trading on Wednesday, hitting $410.09. 932,398 shares of the company’s stock traded hands, compared to its average volume of 1,009,787. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. Rockwell Automation, Inc. has a one year low of $215.00 and a one year high of $413.04. The firm has a 50 day moving average price of $370.46 and a 200 day moving average price of $349.75. The company has a market cap of $46.04 billion, a PE ratio of 53.54, a price-to-earnings-growth ratio of 2.69 and a beta of 1.50.

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

Rockwell Automation Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Monday, November 17th. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio is 72.06%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on ROK shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Rockwell Automation in a research note on Monday. Morgan Stanley upped their target price on Rockwell Automation from $385.00 to $435.00 and gave the stock an “overweight” rating in a research report on Monday, November 10th. Wells Fargo & Company increased their price target on Rockwell Automation from $355.00 to $380.00 and gave the company an “equal weight” rating in a research note on Friday, November 7th. Wall Street Zen raised Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. Finally, Oppenheimer restated an “outperform” rating and issued a $391.00 price objective on shares of Rockwell Automation in a report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $388.13.

Institutional Investors Weigh In On Rockwell Automation

A number of institutional investors and hedge funds have recently modified their holdings of ROK. Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of Rockwell Automation by 7.1% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 440 shares of the industrial products company’s stock valued at $154,000 after buying an additional 29 shares in the last quarter. Equitable Trust Co. boosted its position in Rockwell Automation by 1.1% during the 3rd quarter. Equitable Trust Co. now owns 2,598 shares of the industrial products company’s stock worth $908,000 after acquiring an additional 29 shares during the period. J. Safra Sarasin Holding AG boosted its position in Rockwell Automation by 2.2% during the 3rd quarter. J. Safra Sarasin Holding AG now owns 1,384 shares of the industrial products company’s stock worth $484,000 after acquiring an additional 30 shares during the period. Fragasso Financial Advisors Inc grew its stake in Rockwell Automation by 3.6% during the 3rd quarter. Fragasso Financial Advisors Inc now owns 902 shares of the industrial products company’s stock valued at $315,000 after acquiring an additional 31 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC increased its holdings in shares of Rockwell Automation by 3.3% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 1,015 shares of the industrial products company’s stock valued at $355,000 after purchasing an additional 32 shares during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.

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.