Rockwell Automation (NYSE:ROK) SVP Sells $168,056.00 in Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Matheus De Viera Bulho sold 400 shares of the stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $420.14, for a total value of $168,056.00. Following the transaction, the senior vice president owned 867 shares in the company, valued at $364,261.38. This trade represents a 31.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rockwell Automation Price Performance

NYSE:ROK traded up $7.54 during mid-day trading on Wednesday, reaching $425.07. The stock had a trading volume of 704,469 shares, compared to its average volume of 871,202. The stock has a market capitalization of $47.20 billion, a P/E ratio of 39.84, a P/E/G ratio of 2.48 and a beta of 1.52. The firm has a 50 day moving average price of $456.46 and a two-hundred day moving average price of $427.59. 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 one year low of $332.71 and a one year high of $497.36.

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

Rockwell Automation announced that its board has authorized a stock repurchase program on Tuesday, June 9th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the industrial products company to repurchase up to 2% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

Rockwell Automation Dividend Announcement

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Virtus Advisers LLC purchased a new position in shares of Rockwell Automation during the second quarter valued at about $25,000. MV Capital Management Inc. bought a new stake in Rockwell Automation during the 4th quarter valued at approximately $28,000. Manchester Capital Management LLC boosted its position in Rockwell Automation by 97.5% during the 4th quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 39 shares in the last quarter. BOK Financial Private Wealth Inc. purchased a new position in shares of Rockwell Automation during the 4th quarter worth approximately $33,000. Finally, TD Capital Management LLC purchased a new position in shares of Rockwell Automation during the 4th quarter worth approximately $33,000. 75.75% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on ROK shares. Mizuho set a $445.00 price objective on Rockwell Automation in a report on Wednesday, May 6th. Citigroup reduced their price target on Rockwell Automation from $555.00 to $536.00 and set a “buy” rating on the stock in a research report on Wednesday, August 5th. Sanford C. Bernstein lifted their price target on Rockwell Automation from $501.00 to $514.00 and gave the stock a “market perform” rating in a research note on Friday, August 14th. BNP Paribas Exane boosted their price objective on Rockwell Automation from $495.00 to $515.00 in a research report on Wednesday, May 6th. Finally, Barclays lifted their target price on shares of Rockwell Automation from $400.00 to $480.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Nine analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Rockwell Automation has an average rating of “Hold” and a consensus price target of $469.14.

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.