Insider Selling: Rockwell Automation (NYSE:ROK) SVP Sells 351 Shares of Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Tessa Myers sold 351 shares of the business’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $400.99, for a total transaction of $140,747.49. Following the completion of the transaction, the senior vice president owned 4,868 shares of the company’s stock, valued at $1,952,019.32. This represents a 6.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Rockwell Automation Stock Up 2.4%

Shares of NYSE:ROK traded up $9.48 during trading on Wednesday, reaching $410.09. The stock had a trading volume of 932,398 shares, compared to its average volume of 1,009,787. The firm’s 50-day simple moving average is $370.46 and its 200 day simple moving average is $349.75. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. Rockwell Automation, Inc. has a one year low of $215.00 and a one year high of $413.04. The company has a market capitalization of $46.04 billion, a P/E ratio of 53.54, a PEG ratio of 2.69 and a beta of 1.50.

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

Rockwell Automation Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th will be issued a dividend of $1.38 per share. The ex-dividend date is Monday, November 17th. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio (DPR) is currently 72.06%.

Analyst Ratings Changes

Several research analysts recently weighed in on ROK shares. Robert W. Baird boosted their target price on Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Bank of America boosted their price target on Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Oppenheimer restated an “outperform” rating and set a $391.00 price objective on shares of Rockwell Automation in a report on Friday, November 7th. JPMorgan Chase & Co. increased their price objective on shares of Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. Finally, TD Cowen boosted their target price on shares of Rockwell Automation from $275.00 to $330.00 and gave the stock a “hold” rating in a research report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $388.13.

Institutional Investors Weigh In On Rockwell Automation

Large investors have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. raised its position in Rockwell Automation by 468.8% during the 3rd 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. purchased a new stake in shares of Rockwell Automation in the 2nd quarter valued at $33,000. Ameriflex Group Inc. increased its stake in shares of Rockwell Automation by 100.0% in the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 50 shares during the period. Legend Financial Advisors Inc. purchased a new position in shares of Rockwell Automation during the second quarter worth $39,000. Finally, SBI Securities Co. Ltd. lifted its position 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. 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.