Rockwell Automation (NYSE:ROK) VP Sells $12,086.70 in Stock

Rockwell Automation, Inc. (NYSE:ROK) VP John Miller sold 30 shares of the firm’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $402.89, for a total transaction of $12,086.70. Following the completion of the transaction, the vice president directly owned 5,892 shares of the company’s stock, valued at approximately $2,373,827.88. This represents a 0.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Rockwell Automation Stock Performance

Shares of ROK traded down $0.02 during trading hours on Friday, reaching $403.87. 780,201 shares of the company traded hands, compared to its average volume of 1,097,298. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. The business has a fifty day moving average price of $367.06 and a 200-day moving average price of $347.38. Rockwell Automation, Inc. has a 12-month low of $215.00 and a 12-month high of $406.44. The stock has a market capitalization 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 (NYSE:ROK) last issued its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, topping 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% on a year-over-year basis. During the same quarter last year, the business posted $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Equities analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

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

Analyst Ratings Changes

A number of brokerages have recently commented on ROK. Weiss Ratings restated a “hold (c)” rating on shares of Rockwell Automation in a research note on Monday. Oppenheimer reaffirmed an “outperform” rating and set a $391.00 target price on shares of Rockwell Automation in a report on Friday, November 7th. Wells Fargo & Company increased their price target on shares of Rockwell Automation from $355.00 to $380.00 and gave the stock an “equal weight” rating in a report on Friday, November 7th. Barclays raised their price target on shares of Rockwell Automation from $417.00 to $435.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, KeyCorp raised their target price on Rockwell Automation from $370.00 to $380.00 and gave the company an “overweight” rating in a research report on Thursday, August 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $372.56.

Hedge Funds Weigh In On Rockwell Automation

Several hedge funds and other institutional investors have recently made changes to their positions in ROK. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Rockwell Automation by 7.1% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 440 shares of the industrial products company’s stock worth $154,000 after purchasing an additional 29 shares in the last quarter. Equitable Trust Co. lifted its holdings in Rockwell Automation by 1.1% in the 3rd quarter. Equitable Trust Co. now owns 2,598 shares of the industrial products company’s stock valued at $908,000 after purchasing an additional 29 shares in the last quarter. J. Safra Sarasin Holding AG boosted its stake in Rockwell Automation by 2.2% during the 3rd quarter. J. Safra Sarasin Holding AG now owns 1,384 shares of the industrial products company’s stock worth $484,000 after purchasing an additional 30 shares during the last quarter. Fragasso Financial Advisors Inc grew its holdings in shares of Rockwell Automation by 3.6% during the third quarter. Fragasso Financial Advisors Inc now owns 902 shares of the industrial products company’s stock worth $315,000 after buying an additional 31 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC raised its position in shares of Rockwell Automation by 3.3% in the third quarter. Dynamic Advisor Solutions LLC now owns 1,015 shares of the industrial products company’s stock valued at $355,000 after buying an additional 32 shares during the last quarter. Hedge funds and other 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.