Rockwell Automation (NYSE:ROK) VP Sells $90,479.25 in Stock

Rockwell Automation, Inc. (NYSE:ROK) VP Terry Riesterer sold 225 shares of the company’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $402.13, for a total transaction of $90,479.25. Following the transaction, the vice president owned 2,034 shares in the company, valued at approximately $817,932.42. The trade was a 9.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Rockwell Automation Stock Down 1.9%

Shares of NYSE:ROK opened at $405.06 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77. The stock has a market cap of $45.48 billion, a price-to-earnings ratio of 52.88, a P/E/G ratio of 2.77 and a beta of 1.50. The company has a 50 day moving average of $372.87 and a 200-day moving average of $350.88. Rockwell Automation, Inc. has a one year low of $215.00 and a one year high of $415.89.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, beating 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 business had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. During the same period in the prior year, the business posted $2.47 earnings per share. Rockwell Automation’s revenue 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. On average, sell-side analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were paid a $1.38 dividend. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend was Monday, November 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. Rockwell Automation’s dividend payout ratio (DPR) is currently 72.06%.

Institutional Investors Weigh In On Rockwell Automation

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Rockwell Automation by 468.8% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 75 shares during the period. Rexford Capital Inc. bought a new stake in shares of Rockwell Automation in the second quarter valued at about $33,000. Ameriflex Group Inc. boosted its position in shares of Rockwell Automation by 100.0% during the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after buying an additional 50 shares during the period. SBI Securities Co. Ltd. grew its holdings in shares of Rockwell Automation by 48.7% during the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after buying an additional 38 shares in the last quarter. Finally, Legend Financial Advisors Inc. bought a new position in shares of Rockwell Automation during the second quarter worth about $39,000. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on ROK shares. JPMorgan Chase & Co. lifted their price objective on Rockwell Automation from $357.00 to $400.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 11th. Barclays boosted their target price on Rockwell Automation from $417.00 to $435.00 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Wall Street Zen raised Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. Robert W. Baird lifted their price objective on shares of Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Finally, Wells Fargo & Company upped their target price on shares of 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 investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $390.33.

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.