Rockwell Automation (NYSE:ROK) SVP Rebecca House Sells 371 Shares

Rockwell Automation, Inc. (NYSE:ROK) SVP Rebecca House sold 371 shares of the firm’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $402.90, for a total transaction of $149,475.90. Following the completion of the transaction, the senior vice president directly owned 10,628 shares in the company, valued at $4,282,021.20. This represents a 3.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Rockwell Automation Price Performance

Rockwell Automation stock opened at $403.87 on Friday. The stock has a market cap of $45.34 billion, a price-to-earnings ratio of 52.73, a price-to-earnings-growth ratio of 2.71 and a beta of 1.50. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77. Rockwell Automation, Inc. has a 1 year low of $215.00 and a 1 year high of $406.44. The firm has a 50-day moving average of $367.06 and a two-hundred day moving average of $347.38.

Rockwell Automation (NYSE:ROK) last issued its earnings results on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The business had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. During the same period last year, the company posted $2.47 earnings per share. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, research analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be given a dividend of $1.38 per share. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend is Monday, November 17th. This represents a $5.52 dividend on an annualized basis and a yield of 1.4%. Rockwell Automation’s dividend payout ratio is presently 72.06%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on ROK. Robert W. Baird upped their target price on Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. Weiss Ratings restated a “hold (c)” rating on shares of Rockwell Automation in a report on Monday. Morgan Stanley increased their target price on shares of Rockwell Automation from $385.00 to $435.00 and gave the stock an “overweight” rating in a report on Monday, November 10th. JPMorgan Chase & Co. raised their target price on shares of Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. Finally, Bank of America upped their price target on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Rockwell Automation has a consensus rating of “Moderate Buy” and a consensus price target of $372.56.

Hedge Funds Weigh In On Rockwell Automation

A number of large investors have recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Rockwell Automation by 468.8% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after buying an additional 75 shares in the last quarter. Rexford Capital Inc. purchased a new stake in Rockwell Automation during the second quarter valued at approximately $33,000. Ameriflex Group Inc. boosted its stake in Rockwell Automation by 100.0% in the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 50 shares in the last quarter. Legend Financial Advisors Inc. purchased a new position in Rockwell Automation in the second quarter worth $39,000. Finally, SBI Securities Co. Ltd. grew its holdings in Rockwell Automation by 48.7% in the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 38 shares during the last quarter. 75.75% of the stock is currently owned by institutional investors.

About Rockwell Automation

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.