Rockwell Automation (NYSE:ROK) VP Sells $24,454.29 in Stock

Rockwell Automation, Inc. (NYSE:ROK) VP Terry Riesterer sold 61 shares of the stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $400.89, for a total value of $24,454.29. Following the transaction, the vice president owned 1,776 shares in the company, valued at approximately $711,980.64. This trade represents a 3.32% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Rockwell Automation Price Performance

NYSE ROK opened at $405.06 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. The company has a fifty day simple moving average of $372.87 and a 200 day simple moving average of $350.88. The company has a market cap of $45.48 billion, a P/E ratio of 52.88, a P/E/G ratio of 2.77 and a beta of 1.50. Rockwell Automation, Inc. has a 1 year low of $215.00 and a 1 year high of $415.89.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, topping the consensus estimate of $2.94 by $0.40. The firm had revenue of $4.63 billion for the quarter, compared to the consensus estimate 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 quarter last year, the firm posted $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, sell-side analysts predict that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 17th were given a dividend of $1.38 per share. The ex-dividend date of this dividend was Monday, November 17th. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s payout ratio is presently 72.06%.

Analyst Ratings Changes

Several brokerages recently weighed in on ROK. Bank of America increased their target price on Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. JPMorgan Chase & Co. increased their price objective on Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. Oppenheimer restated an “outperform” rating and issued a $391.00 price objective on shares of Rockwell Automation in a research note on Friday, November 7th. Wells Fargo & Company boosted their target price on shares of Rockwell Automation from $355.00 to $380.00 and gave the stock an “equal weight” rating in a research report on Friday, November 7th. Finally, Morgan Stanley increased their price target on shares of Rockwell Automation from $385.00 to $435.00 and gave the company an “overweight” rating in a report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $390.33.

Institutional Trading of Rockwell Automation

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. lifted its stake in Rockwell Automation by 468.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 75 shares during the period. Rexford Capital Inc. bought a new stake in shares of Rockwell Automation in the 2nd quarter valued at approximately $33,000. Ameriflex Group Inc. raised its holdings in shares of Rockwell Automation by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after buying an additional 50 shares in the last quarter. SBI Securities Co. Ltd. raised its holdings in shares of Rockwell Automation by 48.7% in the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after buying an additional 38 shares in the last quarter. Finally, Legend Financial Advisors Inc. bought a new position in shares of Rockwell Automation during the 2nd quarter worth approximately $39,000. 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.