Rockwell Automation (NYSE:ROK) VP Sells $92,039.68 in Stock

Rockwell Automation, Inc. (NYSE:ROK) VP Isaac Woods sold 229 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $401.92, for a total transaction of $92,039.68. Following the completion of the sale, the vice president directly owned 2,058 shares of the company’s stock, valued at approximately $827,151.36. This represents a 10.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Isaac Woods also recently made the following trade(s):

• On Monday, December 8th, Isaac Woods sold 61 shares of Rockwell Automation stock. The stock was sold at an average price of $400.98, for a total transaction of $24,459.78.
• On Friday, December 5th, Isaac Woods sold 68 shares of Rockwell Automation stock. The shares were sold at an average price of $402.89, for a total value of $27,396.52.
• On Thursday, September 11th, Isaac Woods sold 250 shares of Rockwell Automation stock. The shares were sold at an average price of $350.00, for a total value of $87,500.00.

Rockwell Automation Trading Up 2.4%

Shares of ROK stock traded up $9.48 on Wednesday, reaching $410.09. 932,398 shares of the stock 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 one year low of $215.00 and a one year high of $413.04. The stock 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. The stock has a 50 day moving average price of $370.46 and a 200 day moving average price of $349.75.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data 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. The firm 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 company’s revenue was up 13.8% on a year-over-year basis. During the same period last year, the company earned $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Equities research analysts forecast that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

The firm 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 dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.3%. 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. Rockwell Automation’s payout ratio is presently 72.06%.

Institutional Trading of Rockwell Automation

Several hedge funds have recently added to or reduced their stakes in ROK. Norges Bank acquired a new position in Rockwell Automation in the second quarter valued at about $368,575,000. Holocene Advisors LP raised its position in shares of Rockwell Automation by 128.9% during the second quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock worth $287,989,000 after purchasing an additional 488,262 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Rockwell Automation by 122.3% during the 3rd 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 in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Rockwell Automation by 720.8% during the 2nd 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 purchasing an additional 350,662 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board grew its position in shares of Rockwell Automation by 7,730.3% in the 2nd quarter. Ontario Teachers Pension Plan Board now owns 354,792 shares of the industrial products company’s stock valued at $117,851,000 after purchasing an additional 350,261 shares during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ROK. Jefferies Financial Group raised their price objective on shares of Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a research note on Wednesday. Morgan Stanley increased their price target on Rockwell Automation from $385.00 to $435.00 and gave the company an “overweight” rating in a research note on Monday, November 10th. Weiss Ratings restated a “hold (c)” rating on shares of Rockwell Automation in a research report on Monday. TD Cowen upped their price objective on Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a report on Tuesday, December 2nd. Finally, Bank of America raised their target price on Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. 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 data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $388.13.

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.