Rockwell Automation (NYSE:ROK) SVP Matheus De Viera Bulho Sells 2,370 Shares

Rockwell Automation, Inc. (NYSE:ROK) SVP Matheus De Viera Bulho sold 2,370 shares of the firm’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $403.45, for a total value of $956,176.50. Following the sale, the senior vice president directly owned 1,964 shares of the company’s stock, valued at $792,375.80. This represents a 54.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Rockwell Automation Price Performance

Rockwell Automation stock opened at $403.87 on Friday. The business’s fifty day moving average is $367.06 and its two-hundred day moving average is $347.38. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.14. The firm has a market cap of $45.34 billion, a P/E ratio of 52.73, a P/E/G ratio of 2.71 and a beta of 1.50. Rockwell Automation, Inc. has a 52 week low of $215.00 and a 52 week high of $406.44.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. The company had revenue of $4.63 billion during the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The firm’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period last year, the company posted $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Equities research analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be paid a $1.38 dividend. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, November 17th. Rockwell Automation’s payout ratio is presently 72.06%.

Institutional Investors Weigh In On Rockwell Automation

Institutional investors have recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. boosted its holdings 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 buying an additional 75 shares during the last quarter. Rexford Capital Inc. acquired a new stake in shares of Rockwell Automation in the 2nd quarter valued at approximately $33,000. Ameriflex Group Inc. raised its position 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 valued at $35,000 after acquiring an additional 50 shares during the period. Legend Financial Advisors Inc. bought a new position in Rockwell Automation during the 2nd quarter worth approximately $39,000. Finally, SBI Securities Co. Ltd. grew its holdings in Rockwell Automation by 48.7% during the second 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 Analyst Weigh In

Several analysts have recently commented on the stock. 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 research note on Monday, November 10th. 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. Wells Fargo & Company lifted their target price 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. Oppenheimer reaffirmed an “outperform” rating and set a $391.00 price target on shares of Rockwell Automation in a research note on Friday, November 7th. Finally, Barclays raised their price target on Rockwell Automation from $417.00 to $435.00 and gave the company an “overweight” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $372.56.

About Rockwell Automation

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.