Rockwell Automation (NYSE:ROK) SVP Matheus De Viera Bulho Sells 400 Shares of Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Matheus De Viera Bulho sold 400 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $420.14, for a total value of $168,056.00. Following the sale, the senior vice president owned 867 shares in the company, valued at approximately $364,261.38. The trade was a 31.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rockwell Automation Trading Up 1.8%

Shares of ROK opened at $425.07 on Thursday. The company has a market capitalization of $47.20 billion, a P/E ratio of 39.84, a P/E/G ratio of 2.44 and a beta of 1.52. Rockwell Automation, Inc. has a one year low of $332.71 and a one year high of $497.36. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 1.08. The stock has a 50-day moving average price of $455.75 and a 200 day moving average price of $427.89.

Rockwell Automation (NYSE:ROK) last released its earnings results on Tuesday, August 4th. The industrial products company reported $3.49 EPS for the quarter, beating the consensus estimate of $3.38 by $0.11. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%.The company had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. During the same period in the prior year, the business posted $2.82 EPS. The business’s revenue was up 7.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Sell-side analysts forecast that Rockwell Automation, Inc. will post 13.21 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Monday, August 17th. Rockwell Automation’s dividend payout ratio is 51.73%.

Rockwell Automation declared that its board has approved a share buyback plan on Tuesday, June 9th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the industrial products company to purchase up to 2% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

ROK has been the subject of several research analyst reports. Wells Fargo & Company boosted their target price on shares of Rockwell Automation from $360.00 to $440.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Argus increased their price target on shares of Rockwell Automation from $465.00 to $530.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. HSBC lifted their price target on Rockwell Automation from $445.00 to $490.00 in a research note on Wednesday, May 6th. Weiss Ratings restated a “buy (b-)” rating on shares of Rockwell Automation in a research note on Thursday, June 18th. Finally, Sanford C. Bernstein increased their target price on Rockwell Automation from $501.00 to $514.00 and gave the stock a “market perform” rating in a report on Friday, August 14th. Nine equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $469.14.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of ROK. Second Line Capital LLC acquired a new stake in Rockwell Automation during the second quarter worth about $430,000. HighTower Advisors LLC boosted its stake in Rockwell Automation by 4.9% in the second quarter. HighTower Advisors LLC now owns 176,513 shares of the industrial products company’s stock valued at $87,388,000 after acquiring an additional 8,216 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Rockwell Automation in the second quarter valued at approximately $6,119,000. California State Teachers Retirement System grew its holdings in shares of Rockwell Automation by 50,536.8% during the second quarter. California State Teachers Retirement System now owns 84,037,850 shares of the industrial products company’s stock valued at $41,605,459,000 after purchasing an additional 83,871,888 shares during the last quarter. Finally, Ameritas Advisory Services LLC grew its holdings in shares of Rockwell Automation by 125.4% during the second quarter. Ameritas Advisory Services LLC now owns 5,746 shares of the industrial products company’s stock valued at $2,845,000 after purchasing an additional 3,197 shares during the last quarter. 75.75% of the stock is owned by institutional investors and hedge funds.

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.