Rockwell Automation (NYSE:ROK) VP Scott Genereux Sells 1,387 Shares

Rockwell Automation, Inc. (NYSE:ROK) VP Scott Genereux sold 1,387 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.03, for a total value of $557,615.61. Following the completion of the transaction, the vice president owned 4,514 shares of the company’s stock, valued at $1,814,763.42. The trade was a 23.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Scott Genereux also recently made the following trade(s):

• On Monday, December 8th, Scott Genereux sold 267 shares of Rockwell Automation stock. The stock was sold at an average price of $400.85, for a total value of $107,026.95.
• On Friday, December 5th, Scott Genereux sold 282 shares of Rockwell Automation stock. The stock was sold at an average price of $402.86, for a total transaction of $113,606.52.

Rockwell Automation Stock Performance

Rockwell Automation stock opened at $410.09 on Thursday. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $413.04. The stock’s 50-day moving average is $370.46 and its 200-day moving average is $349.75. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77. The company has a market cap of $46.04 billion, a price-to-earnings ratio of 53.54, a price-to-earnings-growth 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. The business 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 for the quarter was up 13.8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Equities analysts anticipate 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 was paid on Wednesday, December 10th. Investors of record on Monday, November 17th were paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 1.3%. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date was Monday, November 17th. Rockwell Automation’s payout ratio is 72.06%.

Wall Street Analysts Forecast Growth

ROK has been the subject of several research reports. Bank of America lifted their target price on Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Barclays lifted their price objective on shares of Rockwell Automation from $417.00 to $435.00 and gave the stock an “overweight” rating in a report on Thursday, December 4th. Morgan Stanley boosted their target price on shares of 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. Finally, TD Cowen lifted their price target on shares of Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a report on Tuesday, December 2nd. One analyst has rated the stock with a Strong Buy rating, ten have given 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 an average rating of “Moderate Buy” and an average target price of $390.33.

Hedge Funds Weigh In On Rockwell Automation

Several institutional investors have recently modified their holdings of the company. Brighton Jones LLC bought a new position in Rockwell Automation in the 4th quarter worth about $281,000. Zions Bancorporation National Association UT bought a new stake in shares of Rockwell Automation during the first quarter valued at approximately $55,000. Townsquare Capital LLC raised its holdings in shares of Rockwell Automation by 25.2% during the first quarter. Townsquare Capital LLC now owns 2,428 shares of the industrial products company’s stock valued at $627,000 after buying an additional 489 shares during the last quarter. Covestor Ltd grew its holdings in Rockwell Automation by 360.8% in the 1st quarter. Covestor Ltd now owns 341 shares of the industrial products company’s stock worth $88,000 after buying an additional 267 shares in the last quarter. Finally, Invesco Ltd. raised its stake in Rockwell Automation by 2.2% during the 1st quarter. Invesco Ltd. now owns 1,448,160 shares of the industrial products company’s stock valued at $374,176,000 after acquiring an additional 30,837 shares in the last quarter. Institutional investors 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.