Rockwell Automation, Inc. (NYSE:ROK) Director Lawrence D. Kingsley bought 365 shares of the firm’s stock in a transaction on Thursday, September 28th. The shares were purchased at an average price of $99.77 per share, for a total transaction of $36,416.05. Following the completion of the transaction, the director now owns 5,421 shares of the company’s stock, valued at approximately $540,853.17. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Rockwell Automation, Inc. (NYSE:ROK) traded up $0.32 during trading on Monday, reaching $190.78. The company had a trading volume of 1,327,063 shares, compared to its average volume of 877,063. The firm has a market capitalization of $24,474.66, a price-to-earnings ratio of 28.22, a P/E/G ratio of 2.14 and a beta of 1.23. Rockwell Automation, Inc. has a 52-week low of $133.61 and a 52-week high of $210.72. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 1.80.

Rockwell Automation (NYSE:ROK) last released its earnings results on Wednesday, November 8th. The industrial products company reported $1.69 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.72 by ($0.03). The business had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.67 billion. Rockwell Automation had a net margin of 13.08% and a return on equity of 38.67%. The business’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.52 earnings per share. equities research analysts forecast that Rockwell Automation, Inc. will post 7.39 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Monday, November 13th will be paid a $0.835 dividend. This is a positive change from Rockwell Automation’s previous quarterly dividend of $0.76. This represents a $3.34 annualized dividend and a yield of 1.75%. The ex-dividend date is Friday, November 10th. Rockwell Automation’s dividend payout ratio is presently 52.68%.

A number of equities analysts have recently weighed in on the company. cut Rockwell Automation from a “hold” rating to a “reduce” rating in a report on Thursday, November 2nd. J P Morgan Chase & Co assumed coverage on Rockwell Automation in a report on Wednesday, November 29th. They issued a “neutral” rating for the company. Wolfe Research raised Rockwell Automation from a “market perform” rating to an “outperform” rating in a report on Monday, November 20th. Oppenheimer reissued a “hold” rating on shares of Rockwell Automation in a report on Monday, November 20th. Finally, Zacks Investment Research cut Rockwell Automation from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $165.00.

A number of institutional investors have recently added to or reduced their stakes in ROK. Old Mutual Global Investors UK Ltd. acquired a new position in Rockwell Automation in the second quarter valued at $126,891,000. Ameriprise Financial Inc. increased its stake in Rockwell Automation by 277.7% in the second quarter. Ameriprise Financial Inc. now owns 1,059,003 shares of the industrial products company’s stock valued at $171,517,000 after purchasing an additional 778,633 shares during the last quarter. BlackRock Inc. increased its stake in Rockwell Automation by 7.5% in the second quarter. BlackRock Inc. now owns 9,698,308 shares of the industrial products company’s stock valued at $1,570,735,000 after purchasing an additional 679,645 shares during the last quarter. Voya Investment Management LLC increased its stake in Rockwell Automation by 741.5% in the second quarter. Voya Investment Management LLC now owns 695,922 shares of the industrial products company’s stock valued at $112,712,000 after purchasing an additional 613,225 shares during the last quarter. Finally, Franklin Resources Inc. increased its stake in Rockwell Automation by 37.9% in the second quarter. Franklin Resources Inc. now owns 1,156,116 shares of the industrial products company’s stock valued at $187,224,000 after purchasing an additional 317,777 shares during the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

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About Rockwell Automation

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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