Rockwell Automation (NYSE:ROK) SVP Sells $117,896.94 in Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Matheus De Viera Bulho sold 294 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $401.01, for a total value of $117,896.94. Following the transaction, the senior vice president owned 1,670 shares of the company’s stock, valued at approximately $669,686.70. This trade represents a 14.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Rockwell Automation Stock Performance

ROK stock traded up $9.48 on Wednesday, reaching $410.09. 932,398 shares of the company were exchanged, compared to its average volume of 1,009,787. 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 12 month low of $215.00 and a 12 month high of $413.04. The stock’s fifty day moving average price is $370.46 and its 200 day moving average price is $349.75. The firm has a market capitalization of $46.04 billion, a PE ratio of 53.54, a PEG ratio of 2.69 and a beta of 1.50.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.94 by $0.40. The company had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The business’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period last year, the business posted $2.47 EPS. 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 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be issued a $1.38 dividend. This is a positive change 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 annualized dividend and a yield of 1.3%. Rockwell Automation’s payout ratio is currently 72.06%.

Wall Street Analyst Weigh In

Several research analysts recently commented on ROK shares. Wall Street Zen raised Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Sunday, September 21st. Morgan Stanley boosted their price objective on Rockwell Automation from $385.00 to $435.00 and gave the stock an “overweight” rating in a research note on Monday, November 10th. Barclays increased their price target on shares of Rockwell Automation from $417.00 to $435.00 and gave the company an “overweight” rating in a research note on Thursday, December 4th. Oppenheimer reiterated an “outperform” rating and issued a $391.00 price target on shares of Rockwell Automation in a report on Friday, November 7th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Rockwell Automation in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $388.13.

Institutional Investors Weigh In On Rockwell Automation

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Rockwell Automation by 1.5% during the second quarter. Vanguard Group Inc. now owns 14,058,406 shares of the industrial products company’s stock worth $4,669,781,000 after buying an additional 207,448 shares during the last quarter. State Street Corp boosted its stake in Rockwell Automation by 0.9% during the 3rd quarter. State Street Corp now owns 4,793,425 shares of the industrial products company’s stock worth $1,675,446,000 after acquiring an additional 42,809 shares during the last quarter. Geode Capital Management LLC grew its holdings in Rockwell Automation by 1.7% during the second quarter. Geode Capital Management LLC now owns 2,874,428 shares of the industrial products company’s stock valued at $950,744,000 after purchasing an additional 48,105 shares during the period. Goldman Sachs Group Inc. grew its holdings in Rockwell Automation by 11.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,819,379 shares of the industrial products company’s stock valued at $470,091,000 after purchasing an additional 191,370 shares during the period. Finally, Invesco Ltd. increased its stake in Rockwell Automation by 2.2% in the first quarter. Invesco Ltd. now owns 1,448,160 shares of the industrial products company’s stock valued at $374,176,000 after purchasing an additional 30,837 shares in the last quarter. Institutional investors own 75.75% of the company’s stock.

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.