Rockwell Automation (NYSE:ROK) SVP Matheus De Viera Bulho Sells 1,289 Shares

Rockwell Automation, Inc. (NYSE:ROKGet Free Report) SVP Matheus De Viera Bulho sold 1,289 shares of the company’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $402.81, for a total value of $519,222.09. Following the transaction, the senior vice president directly owned 2,055 shares in the company, valued at $827,774.55. This represents a 38.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Rockwell Automation Price Performance

Rockwell Automation stock traded up $9.48 during midday trading on Wednesday, reaching $410.09. The company’s stock had a trading volume of 932,398 shares, compared to its average volume of 1,009,787. The firm has a market capitalization 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, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $413.04. The stock’s 50 day simple moving average is $370.46 and its 200 day simple moving average is $349.75. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.14.

Rockwell Automation (NYSE:ROKGet Free Report) last announced its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to the consensus estimate of $2.19 billion. During the same quarter last year, the firm posted $2.47 EPS. The business’s 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, equities 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 declared a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Monday, November 17th will be issued a $1.38 dividend. The ex-dividend date is Monday, November 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s payout ratio is currently 72.06%.

Analyst Ratings Changes

Several research firms recently weighed in on ROK. Citigroup raised their price objective on Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a research note on Monday. Bank of America raised their target price on shares of Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Robert W. Baird raised their price objective on Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. Oppenheimer reaffirmed an “outperform” rating and set a $391.00 price target on shares of Rockwell Automation in a research report on Friday, November 7th. Finally, JPMorgan Chase & Co. upped their price target on shares of Rockwell Automation from $357.00 to $400.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Rockwell Automation has an average rating of “Moderate Buy” and a consensus price target of $388.13.

Read Our Latest Research Report on ROK

Institutional Trading of Rockwell Automation

Large investors have recently added to or reduced their stakes in the business. Allworth Financial LP increased its holdings in shares of Rockwell Automation by 2.3% in the third quarter. Allworth Financial LP now owns 6,146 shares of the industrial products company’s stock valued at $2,148,000 after buying an additional 137 shares in the last quarter. IFP Advisors Inc boosted its position in shares of Rockwell Automation by 12.3% in the 3rd quarter. IFP Advisors Inc now owns 1,603 shares of the industrial products company’s stock valued at $560,000 after purchasing an additional 176 shares during the period. Swiss Life Asset Management Ltd raised its holdings in Rockwell Automation by 3.6% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 59,583 shares of the industrial products company’s stock worth $20,826,000 after buying an additional 2,050 shares during the period. CIBC Private Wealth Group LLC lifted its stake in Rockwell Automation by 11.3% during the third quarter. CIBC Private Wealth Group LLC now owns 6,205 shares of the industrial products company’s stock valued at $2,169,000 after buying an additional 630 shares in the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new position in shares of Rockwell Automation in the third quarter worth about $5,425,000. 75.75% of the stock is currently owned by institutional investors.

Rockwell Automation Company Profile

(Get Free Report)

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.

Further Reading

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

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