Rockwell Automation, Inc. (NYSE:ROK) SVP Sujeet Chand sold 3,371 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of $190.85, for a total value of $643,355.35. Following the completion of the transaction, the senior vice president now owns 47,183 shares in the company, valued at $9,004,875.55. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of Rockwell Automation, Inc. (ROK) opened at $190.59 on Thursday. Rockwell Automation, Inc. has a 12-month low of $133.61 and a 12-month high of $210.72. The stock has a market capitalization of $24,117.42, a price-to-earnings ratio of 27.80, a PEG ratio of 2.11 and a beta of 1.23. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.80 and a current ratio of 2.06.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Wednesday, November 8th. The industrial products company reported $1.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.72 by ($0.03). Rockwell Automation had a net margin of 13.08% and a return on equity of 38.67%. The business had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same period in the prior year, the business earned $1.52 earnings per share. The company’s revenue for the quarter was up 8.4% compared to the same quarter last year. sell-side analysts predict that Rockwell Automation, Inc. will post 7.39 earnings per share for the current year.

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

ROK has been the subject of a number of analyst reports. Zacks Investment Research raised Rockwell Automation from a “hold” rating to a “buy” rating and set a $209.00 price target for the company in a research report on Tuesday, October 17th. ValuEngine raised Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Thursday, September 7th. Morgan Stanley reissued an “equal weight” rating and issued a $173.00 price target (up from $168.00) on shares of Rockwell Automation in a research report on Monday, October 2nd. Stifel Nicolaus reissued a “hold” rating and issued a $183.00 price target on shares of Rockwell Automation in a research report on Thursday, October 12th. Finally, Oppenheimer reissued a “hold” rating on shares of Rockwell Automation in a research report on Friday, August 18th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $165.00.

Institutional investors have recently made changes to their positions in the company. Valeo Financial Advisors LLC purchased a new stake in shares of Rockwell Automation during the 3rd quarter valued at $131,000. Acrospire Investment Management LLC grew its stake in shares of Rockwell Automation by 166.3% during the 2nd quarter. Acrospire Investment Management LLC now owns 799 shares of the industrial products company’s stock worth $129,000 after acquiring an additional 499 shares during the period. Rockefeller Financial Services Inc. bought a new position in shares of Rockwell Automation during the 3rd quarter worth $143,000. Sun Life Financial INC grew its stake in shares of Rockwell Automation by 8,490.9% during the 2nd quarter. Sun Life Financial INC now owns 945 shares of the industrial products company’s stock worth $153,000 after acquiring an additional 934 shares during the period. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of Rockwell Automation during the 3rd quarter worth $186,000. 73.04% of the stock is owned by hedge funds and other institutional investors.

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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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