Rockwell Automation (NYSE:ROK) SVP Matheus De Viera Bulho Sells 467 Shares of Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Matheus De Viera Bulho sold 467 shares of the firm’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $426.96, for a total transaction of $199,390.32. Following the completion of the transaction, the senior vice president directly owned 1,267 shares of the company’s stock, valued at approximately $540,958.32. This trade represents a 26.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rockwell Automation Trading Up 1.8%

Shares of ROK opened at $425.07 on Thursday. The stock has a market capitalization of $47.20 billion, a PE ratio of 39.84, a P/E/G ratio of 2.44 and a beta of 1.52. The company’s fifty day moving average is $455.75 and its 200 day moving average is $427.89. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 1.08. Rockwell Automation, Inc. has a fifty-two week low of $332.71 and a fifty-two week high of $497.36.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $3.49 EPS for the quarter, beating the consensus estimate of $3.38 by $0.11. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter last year, the business earned $2.82 earnings per share. Rockwell Automation’s quarterly revenue was up 7.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Sell-side analysts expect that Rockwell Automation, Inc. will post 13.21 earnings per share for the current fiscal year.

Rockwell Automation Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be issued a $1.38 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.3%. Rockwell Automation’s dividend payout ratio (DPR) is presently 51.73%.

Rockwell Automation declared that its Board of Directors has approved a share buyback plan on Tuesday, June 9th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the industrial products company to buy up to 2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Sanford C. Bernstein upped their price objective on Rockwell Automation from $501.00 to $514.00 and gave the company a “market perform” rating in a research report on Friday, August 14th. Barclays lifted their target price on Rockwell Automation from $400.00 to $480.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. TD Cowen boosted their target price on Rockwell Automation from $350.00 to $400.00 and gave the company a “hold” rating in a research report on Wednesday, May 13th. Citigroup decreased their price target on Rockwell Automation from $555.00 to $536.00 and set a “buy” rating on the stock in a report on Wednesday, August 5th. Finally, HSBC raised their price target on Rockwell Automation from $445.00 to $490.00 in a research report on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, Rockwell Automation has a consensus rating of “Hold” and an average price target of $469.14.

Institutional Trading of Rockwell Automation

Several institutional investors have recently added to or reduced their stakes in the company. Flputnam Investment Management Co. bought a new position in shares of Rockwell Automation in the second quarter worth about $1,001,000. Mandatum Life Insurance Co Ltd grew its stake in Rockwell Automation by 26.9% in the 1st quarter. Mandatum Life Insurance Co Ltd now owns 22,200 shares of the industrial products company’s stock worth $7,967,000 after acquiring an additional 4,700 shares in the last quarter. Brighton Jones LLC purchased a new position in shares of Rockwell Automation during the fourth quarter worth approximately $281,000. Handelsbanken Fonder AB raised its stake in shares of Rockwell Automation by 24.6% during the fourth quarter. Handelsbanken Fonder AB now owns 169,457 shares of the industrial products company’s stock valued at $65,931,000 after acquiring an additional 33,413 shares in the last quarter. Finally, Lombard Odier Asset Management Europe Ltd raised its stake in shares of Rockwell Automation by 54.2% during the first quarter. Lombard Odier Asset Management Europe Ltd now owns 36,211 shares of the industrial products company’s stock valued at $12,995,000 after acquiring an additional 12,727 shares in the last quarter. Institutional investors own 75.75% of the company’s stock.

About Rockwell Automation

Rockwell Automation is a global industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. The firm designs, manufactures and supports control systems, industrial control hardware and software, and related services that help manufacturers and industrial operators automate processes, improve productivity and enable data-driven decision making. Rockwell traces its heritage to the Allen-Bradley and Rockwell automation businesses and positions itself as a provider of integrated automation solutions across discrete and process industries.

The company’s product portfolio includes programmable logic controllers (PLCs), human-machine interfaces (HMIs), variable frequency drives, sensors, safety components and other industrial control hardware, often marketed under the Allen-Bradley brand.