Rockwell Automation, Inc. (NYSE:ROK – Get Free Report) SVP Cyril Perducat sold 139 shares of the company’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $402.91, for a total value of $56,004.49. Following the sale, the senior vice president owned 4,651 shares in the company, valued at $1,873,934.41. The trade was a 2.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Rockwell Automation Stock Down 0.0%
ROK stock opened at $403.87 on Friday. The company has a market cap of $45.34 billion, a price-to-earnings ratio of 52.73, a P/E/G ratio of 2.71 and a beta of 1.50. Rockwell Automation, Inc. has a twelve month low of $215.00 and a twelve month high of $406.44. The business has a 50 day moving average price of $367.06 and a two-hundred day moving average price of $347.38. 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 – Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, beating the consensus estimate of $2.94 by $0.40. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The company had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $2.19 billion. During the same quarter in the prior year, the firm posted $2.47 EPS. The firm’s revenue for the quarter was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.
Rockwell Automation Increases Dividend
Institutional Trading of Rockwell Automation
Hedge funds have recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of 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 buying an additional 75 shares in the last quarter. Rexford Capital Inc. bought a new position in Rockwell Automation during the second quarter worth about $33,000. Ameriflex Group Inc. raised its stake in 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 purchasing an additional 50 shares in the last quarter. Legend Financial Advisors Inc. bought a new stake in Rockwell Automation in the 2nd quarter valued at about $39,000. Finally, SBI Securities Co. Ltd. boosted its holdings in Rockwell Automation by 48.7% in the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 38 shares during the period. 75.75% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on ROK. Oppenheimer reaffirmed an “outperform” rating and issued a $391.00 target price on shares of Rockwell Automation in a report on Friday, November 7th. Weiss Ratings reissued a “hold (c)” rating on shares of Rockwell Automation in a research report on Monday. JPMorgan Chase & Co. upped their price objective on Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research note on Tuesday, November 11th. Citigroup reissued a “buy” rating on shares of Rockwell Automation in a report on Thursday, October 9th. Finally, Wells Fargo & Company increased their price target on Rockwell Automation from $355.00 to $380.00 and gave the company an “equal weight” rating in a research note on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Rockwell Automation presently has an average rating of “Moderate Buy” and an average target price of $372.56.
Read Our Latest Stock Analysis on Rockwell Automation
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.
Featured Articles
- Five stocks we like better than Rockwell Automation
- What is the S&P 500 and How It is Distinct from Other Indexes
- Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?
- When to Sell a Stock for Profit or Loss
- Gates Foundation Sells MSFT Stock—Should Investors Be Worried?
- What is the Nikkei 225 index?
- MarketBeat Week in Review – 12/1 – 12/5
Receive News & Ratings for Rockwell Automation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rockwell Automation and related companies with MarketBeat.com's FREE daily email newsletter.
