Rockwell Automation (NYSE:ROK) VP Sells $10,023.00 in Stock

Rockwell Automation, Inc. (NYSE:ROK) VP John Miller sold 25 shares of the stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $400.92, for a total transaction of $10,023.00. Following the completion of the sale, the vice president owned 5,867 shares of the company’s stock, valued at approximately $2,352,197.64. The trade was a 0.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Rockwell Automation Stock Up 2.4%

Shares of Rockwell Automation stock traded up $9.48 on Wednesday, hitting $410.09. 932,398 shares of the company traded hands, compared to its average volume of 1,009,787. The company has a 50-day moving average price of $370.46 and a 200 day moving average price of $349.75. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. Rockwell Automation, Inc. has a 12-month low of $215.00 and a 12-month high of $413.04. The company has a market cap 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 announced its quarterly earnings data 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. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The business had revenue of $4.63 billion during the quarter, compared to analyst estimates of $2.19 billion. During the same period last year, the company earned $2.47 earnings per share. Rockwell Automation’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. Sell-side analysts predict 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 paid a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, November 17th. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio (DPR) is presently 72.06%.

Institutional Trading of Rockwell Automation

Several large investors have recently modified their holdings of the company. Norges Bank bought a new position in Rockwell Automation in the 2nd quarter worth $368,575,000. Holocene Advisors LP grew its position in shares of Rockwell Automation by 128.9% in the second 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 last quarter. JPMorgan Chase & Co. grew its position in shares of Rockwell Automation by 122.3% in the third quarter. JPMorgan Chase & Co. now owns 819,708 shares of the industrial products company’s stock valued at $286,522,000 after purchasing an additional 451,038 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake 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 worth $132,638,000 after purchasing an additional 350,662 shares during the period. Finally, Ontario Teachers Pension Plan Board lifted its position in shares of Rockwell Automation by 7,730.3% during the 2nd quarter. Ontario Teachers Pension Plan Board now owns 354,792 shares of the industrial products company’s stock worth $117,851,000 after purchasing an additional 350,261 shares during the last quarter. 75.75% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Oppenheimer reaffirmed an “outperform” rating and set a $391.00 price objective on shares of Rockwell Automation in a research report on Friday, November 7th. Jefferies Financial Group increased their price target on shares of Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a research note on Wednesday. Wall Street Zen upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Rockwell Automation in a report on Monday. Finally, Robert W. Baird increased their target price on shares of Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. 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’s stock. According to MarketBeat, Rockwell Automation has a consensus rating of “Moderate Buy” and a consensus price target of $388.13.

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.