Matheus De Viera Bulho Sells 299 Shares of Rockwell Automation (NYSE:ROK) Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Matheus De Viera Bulho sold 299 shares of the business’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $359.00, for a total transaction of $107,341.00. Following the transaction, the senior vice president owned 2,984 shares in the company, valued at $1,071,256. The trade was a 9.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rockwell Automation Stock Down 0.1%

NYSE ROK traded down $0.27 on Friday, hitting $364.75. 543,470 shares of the company were exchanged, compared to its average volume of 979,572. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 0.68. The company has a market cap of $40.98 billion, a PE ratio of 41.73, a PEG ratio of 2.63 and a beta of 1.54. The stock has a fifty day moving average of $388.40 and a 200-day moving average of $381.80. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $438.72.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.46 by $0.29. The firm had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.08 billion. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The business’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd were issued a $1.38 dividend. The ex-dividend date was Monday, February 23rd. This represents a $5.52 annualized dividend and a yield of 1.5%. Rockwell Automation’s dividend payout ratio is presently 63.16%.

Institutional Trading of Rockwell Automation

A number of institutional investors and hedge funds have recently modified their holdings of ROK. Vanguard Group Inc. increased its position in shares of Rockwell Automation by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 14,206,311 shares of the industrial products company’s stock valued at $5,527,249,000 after purchasing an additional 114,469 shares during the last quarter. State Street Corp boosted its holdings in shares of Rockwell Automation by 4.2% in the 4th quarter. State Street Corp now owns 4,996,130 shares of the industrial products company’s stock worth $1,943,844,000 after buying an additional 202,705 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Rockwell Automation by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 2,924,501 shares of the industrial products company’s stock worth $1,133,397,000 after buying an additional 17,855 shares during the last quarter. Morgan Stanley grew its position in Rockwell Automation by 10.4% during the fourth quarter. Morgan Stanley now owns 2,921,840 shares of the industrial products company’s stock valued at $1,136,801,000 after buying an additional 276,021 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in Rockwell Automation by 1.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,104,985 shares of the industrial products company’s stock valued at $818,986,000 after buying an additional 24,719 shares during the period. 75.75% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Evercore assumed coverage on Rockwell Automation in a report on Monday, December 15th. They set an “in-line” rating and a $440.00 price objective for the company. Stephens boosted their price target on shares of Rockwell Automation from $425.00 to $475.00 and gave the company an “overweight” rating in a research note on Friday, January 23rd. Rothschild & Co Redburn upped their price objective on shares of Rockwell Automation from $335.00 to $365.00 and gave the stock a “neutral” rating in a report on Wednesday, January 21st. Barclays dropped their price objective on shares of Rockwell Automation from $450.00 to $400.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, Mizuho lifted their price objective on shares of Rockwell Automation from $380.00 to $400.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Rockwell Automation currently has a consensus rating of “Moderate Buy” and a consensus price target of $406.67.

Rockwell Automation Company Profile

Rockwell Automation is a global industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. The firm designs, manufactures and supports control systems, industrial control hardware and software, and related services that help manufacturers and industrial operators automate processes, improve productivity and enable data-driven decision making. Rockwell traces its heritage to the Allen-Bradley and Rockwell automation businesses and positions itself as a provider of integrated automation solutions across discrete and process industries.

The company’s product portfolio includes programmable logic controllers (PLCs), human-machine interfaces (HMIs), variable frequency drives, sensors, safety components and other industrial control hardware, often marketed under the Allen-Bradley brand.