Rockwell Automation, Inc. (NYSE:ROK) SVP Frank C. Kulaszewicz sold 8,000 shares of the firm’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $165.74, for a total value of $1,325,920.00. Following the transaction, the senior vice president now owns 33,195 shares of the company’s stock, valued at $5,501,739.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Rockwell Automation, Inc. (NYSE ROK) traded up 0.16% during midday trading on Wednesday, reaching $165.86. The company’s stock had a trading volume of 141,208 shares. The stock has a market cap of $21.55 billion, a price-to-earnings ratio of 26.75 and a beta of 1.17. Rockwell Automation, Inc. has a 52-week low of $111.52 and a 52-week high of $167.97. The stock has a 50-day moving average price of $163.74 and a 200-day moving average price of $156.45.

Rockwell Automation (NYSE:ROK) last issued its earnings results on Wednesday, July 26th. The industrial products company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.64 by $0.12. Rockwell Automation had a return on equity of 40.71% and a net margin of 13.04%. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same period last year, the business posted $1.55 EPS. The company’s revenue was up 8.5% compared to the same quarter last year. Equities research analysts anticipate that Rockwell Automation, Inc. will post $6.75 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 11th. Shareholders of record on Monday, August 14th will be paid a dividend of $0.76 per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $3.04 annualized dividend and a yield of 1.84%. Rockwell Automation’s dividend payout ratio is 49.03%.

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A number of hedge funds have recently modified their holdings of the stock. Sabal Trust CO acquired a new stake in shares of Rockwell Automation during the first quarter valued at approximately $710,000. Columbus Circle Investors acquired a new stake in shares of Rockwell Automation during the first quarter valued at approximately $50,905,000. Nisa Investment Advisors LLC increased its stake in shares of Rockwell Automation by 17.9% in the first quarter. Nisa Investment Advisors LLC now owns 31,402 shares of the industrial products company’s stock valued at $4,890,000 after buying an additional 4,760 shares in the last quarter. Boston Advisors LLC increased its stake in shares of Rockwell Automation by 10.2% in the first quarter. Boston Advisors LLC now owns 6,510 shares of the industrial products company’s stock valued at $1,014,000 after buying an additional 600 shares in the last quarter. Finally, Lodestar Investment Counsel LLC IL increased its stake in shares of Rockwell Automation by 3.9% in the first quarter. Lodestar Investment Counsel LLC IL now owns 51,082 shares of the industrial products company’s stock valued at $7,954,000 after buying an additional 1,930 shares in the last quarter. Institutional investors and hedge funds own 73.38% of the company’s stock.

ROK has been the subject of several recent analyst reports. Gabelli raised Rockwell Automation from a “sell” rating to a “hold” rating in a research note on Wednesday, April 19th. Cowen and Company raised their target price on Rockwell Automation from $125.00 to $140.00 and gave the stock a “market perform” rating in a research note on Thursday, July 6th. Barclays PLC raised their target price on Rockwell Automation from $166.00 to $167.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 19th. Morgan Stanley raised their target price on Rockwell Automation from $153.00 to $167.00 and gave the stock an “equal weight” rating in a research note on Friday, April 28th. Finally, Credit Suisse Group reaffirmed a “hold” rating and set a $155.00 target price on shares of Rockwell Automation in a research note on Thursday, April 27th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $152.33.

Rockwell Automation Company Profile

Rockwell Automation, Inc (Rockwell Automation) is a provider of industrial automation power, control and information solutions for manufacturers. The Company operates through two segments: Architecture & Software and Control Products & Solutions. The Architecture & Software segment contains various hardware, software and communication components of the Company’s integrated control and information architecture capable of controlling the customer’s industrial processes and connecting with their manufacturing enterprise.

Insider Buying and Selling by Quarter for Rockwell Automation (NYSE:ROK)

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