Rockwell Automation (NYSE:ROK) SVP Sells $519,222.09 in Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Matheus De Viera Bulho sold 1,289 shares of the company’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $402.81, for a total transaction of $519,222.09. Following the sale, the senior vice president directly owned 2,055 shares in the company, valued at $827,774.55. This trade represents a 38.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Rockwell Automation Stock Down 1.9%

Rockwell Automation stock opened at $405.06 on Friday. The firm has a market capitalization of $45.48 billion, a PE ratio of 52.88, a P/E/G ratio of 2.77 and a beta of 1.50. The company’s 50-day moving average is $372.87 and its 200-day moving average is $350.88. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $415.89. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77.

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, beating the consensus estimate of $2.94 by $0.40. The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $2.19 billion. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. Rockwell Automation’s revenue was up 13.8% on a year-over-year basis. During the same period last year, the business posted $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Sell-side analysts anticipate that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were paid a dividend of $1.38 per share. The ex-dividend date was Monday, November 17th. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio is presently 72.06%.

Institutional Trading of Rockwell Automation

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Capital Investment Advisors LLC increased its holdings in Rockwell Automation by 5.7% in the 2nd quarter. Capital Investment Advisors LLC now owns 2,192 shares of the industrial products company’s stock valued at $728,000 after buying an additional 119 shares during the period. Patton Fund Management Inc. bought a new stake in shares of Rockwell Automation during the 2nd quarter worth approximately $294,000. Brighton Jones LLC acquired a new stake in shares of Rockwell Automation during the 4th quarter worth approximately $281,000. Integrity Alliance LLC. bought a new position in Rockwell Automation in the first quarter valued at approximately $293,000. Finally, Schroder Investment Management Group raised its position in Rockwell Automation by 796.0% during the second quarter. Schroder Investment Management Group now owns 97,367 shares of the industrial products company’s stock valued at $32,342,000 after purchasing an additional 86,500 shares in the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on ROK shares. TD Cowen increased their price target on Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a research note on Tuesday, December 2nd. Wall Street Zen raised shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Sunday, September 21st. Bank of America raised their target price on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Barclays upped their price target on shares of Rockwell Automation from $417.00 to $435.00 and gave the company an “overweight” rating in a research note on Thursday, December 4th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Rockwell Automation from $357.00 to $400.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $390.33.

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.