Rockwell Automation (NYSE:ROK) VP Terry Riesterer Sells 225 Shares

Rockwell Automation, Inc. (NYSE:ROK) VP Terry Riesterer sold 225 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $402.13, for a total transaction of $90,479.25. Following the sale, the vice president owned 2,034 shares in the company, valued at approximately $817,932.42. This trade represents a 9.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Rockwell Automation Stock Performance

ROK stock traded down $1.30 during midday trading on Thursday, reaching $408.93. The company had a trading volume of 40,399 shares, compared to its average volume of 914,144. The firm has a market capitalization of $45.91 billion, a PE ratio of 53.38, 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, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $413.04. 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 (NYSE:ROK) last announced 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 business had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The business’s revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the business posted $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Analysts anticipate that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th were paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Monday, November 17th. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio is 72.06%.

Hedge Funds Weigh In On Rockwell Automation

Large investors have recently made changes to their positions in the business. Allworth Financial LP lifted its stake in Rockwell Automation by 2.3% during the third quarter. Allworth Financial LP now owns 6,146 shares of the industrial products company’s stock worth $2,148,000 after purchasing an additional 137 shares during the period. IFP Advisors Inc raised its holdings 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 worth $560,000 after buying an additional 176 shares in the last quarter. Swiss Life Asset Management Ltd lifted its position in shares of 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 boosted its stake in Rockwell Automation by 11.3% in the 3rd 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. bought a new stake in Rockwell Automation in the third quarter valued at $5,425,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Wall Street Analysts Forecast Growth

ROK has been the subject of a number of research reports. Barclays increased their price target on Rockwell Automation from $417.00 to $435.00 and gave the company an “overweight” rating in a research note on Thursday, December 4th. TD Cowen lifted their target price on shares of Rockwell Automation from $275.00 to $330.00 and gave the stock a “hold” rating in a research report on Tuesday, December 2nd. JPMorgan Chase & Co. upped their price target on Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. Morgan Stanley increased their target price on shares of Rockwell Automation from $385.00 to $435.00 and gave the stock an “overweight” rating in a research report on Monday, November 10th. Finally, Wall Street Zen raised Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Rockwell Automation has an average rating of “Moderate Buy” and a consensus price target of $390.33.

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.