Insider Selling: Rockwell Automation (NYSE:ROK) SVP Sells 351 Shares of Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Rebecca House sold 351 shares of Rockwell Automation stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $400.96, for a total transaction of $140,736.96. Following the completion of the transaction, the senior vice president directly owned 10,277 shares of the company’s stock, valued at $4,120,665.92. This trade represents a 3.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Rockwell Automation Stock Performance

ROK traded up $9.48 on Wednesday, hitting $410.09. 932,398 shares of the company’s stock were exchanged, compared to its average volume of 1,009,787. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. The stock has a fifty day moving average of $370.46 and a two-hundred day moving average of $349.75. Rockwell Automation, Inc. has a twelve month low of $215.00 and a twelve month high of $413.04. The firm has a market cap of $46.04 billion, a PE ratio of 53.54, a P/E/G ratio of 2.69 and a beta of 1.50.

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

Rockwell Automation Increases Dividend

The business 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 $1.38 dividend. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Monday, November 17th. Rockwell Automation’s dividend payout ratio is 72.06%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Rockwell Automation in a report on Monday. Wells Fargo & Company boosted their target price on shares of Rockwell Automation from $355.00 to $380.00 and gave the company an “equal weight” rating in a research note on Friday, November 7th. TD Cowen upped their target price on shares of Rockwell Automation from $275.00 to $330.00 and gave the stock a “hold” rating in a research report on Tuesday, December 2nd. Jefferies Financial Group lifted their price target on Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Barclays boosted their price objective on Rockwell Automation from $417.00 to $435.00 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Rockwell Automation has an average rating of “Moderate Buy” and a consensus price target of $388.13.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Norges Bank acquired a new stake in Rockwell Automation in the second quarter worth approximately $368,575,000. Holocene Advisors LP increased its position in shares of Rockwell Automation by 128.9% during the 2nd quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock valued at $287,989,000 after purchasing an additional 488,262 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Rockwell Automation by 122.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 819,708 shares of the industrial products company’s stock worth $286,522,000 after buying an additional 451,038 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Rockwell Automation by 720.8% in the second quarter. Robeco Institutional Asset Management B.V. now owns 399,309 shares of the industrial products company’s stock valued at $132,638,000 after buying an additional 350,662 shares during the period. Finally, Ontario Teachers Pension Plan Board boosted its stake in Rockwell Automation by 7,730.3% during the second quarter. Ontario Teachers Pension Plan Board now owns 354,792 shares of the industrial products company’s stock valued at $117,851,000 after buying an additional 350,261 shares in the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Rockwell Automation Company Profile

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.