Matthew Fordenwalt Sells 218 Shares of Rockwell Automation (NYSE:ROK) Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Matthew Fordenwalt sold 218 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $456.34, for a total value of $99,482.12. Following the sale, the senior vice president directly owned 4,814 shares in the company, valued at approximately $2,196,820.76. This represents a 4.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Rockwell Automation Trading Up 0.2%

NYSE ROK opened at $462.62 on Friday. The firm has a market cap of $51.48 billion, a P/E ratio of 48.09, a P/E/G ratio of 2.95 and a beta of 1.57. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76. The stock’s 50-day moving average is $417.12 and its 200-day moving average is $403.74. Rockwell Automation, Inc. has a one year low of $305.44 and a one year high of $468.11.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, topping analysts’ consensus estimates of $2.88 by $0.42. The company had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.16 billion. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.Rockwell Automation’s revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.45 earnings per share. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Sell-side analysts anticipate that Rockwell Automation, Inc. will post 13.01 earnings per share for the current fiscal year.

Rockwell Automation Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.2%. Rockwell Automation’s dividend payout ratio (DPR) is currently 57.38%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Richards Merrill & Peterson Inc. raised its stake in Rockwell Automation by 1.9% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 1,358 shares of the industrial products company’s stock worth $487,000 after acquiring an additional 25 shares in the last quarter. Cidel Asset Management Inc. raised its stake in Rockwell Automation by 4.6% during the 1st quarter. Cidel Asset Management Inc. now owns 574 shares of the industrial products company’s stock worth $206,000 after acquiring an additional 25 shares in the last quarter. HBK Sorce Advisory LLC raised its stake in Rockwell Automation by 0.7% during the 4th quarter. HBK Sorce Advisory LLC now owns 3,719 shares of the industrial products company’s stock worth $1,544,000 after acquiring an additional 27 shares in the last quarter. Johnson Investment Counsel Inc. raised its stake in Rockwell Automation by 1.9% during the 4th quarter. Johnson Investment Counsel Inc. now owns 1,412 shares of the industrial products company’s stock worth $549,000 after acquiring an additional 27 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV raised its stake in Rockwell Automation by 2.0% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 1,446 shares of the industrial products company’s stock worth $563,000 after acquiring an additional 28 shares in the last quarter. 75.75% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ROK has been the topic of a number of recent research reports. Wall Street Zen lowered Rockwell Automation from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. BNP Paribas Exane lifted their target price on Rockwell Automation from $495.00 to $515.00 in a research report on Wednesday, May 6th. Citigroup lifted their target price on Rockwell Automation from $466.00 to $500.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. TD Cowen lifted their target price on Rockwell Automation from $350.00 to $400.00 and gave the company a “hold” rating in a research report on Wednesday, May 13th. Finally, The Goldman Sachs Group lifted their target price on Rockwell Automation from $448.00 to $487.00 in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, Rockwell Automation presently has a consensus rating of “Moderate Buy” and an average price target of $449.16.

Rockwell Automation Company Profile

Rockwell Automation is a global industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. The firm designs, manufactures and supports control systems, industrial control hardware and software, and related services that help manufacturers and industrial operators automate processes, improve productivity and enable data-driven decision making. Rockwell traces its heritage to the Allen-Bradley and Rockwell automation businesses and positions itself as a provider of integrated automation solutions across discrete and process industries.

The company’s product portfolio includes programmable logic controllers (PLCs), human-machine interfaces (HMIs), variable frequency drives, sensors, safety components and other industrial control hardware, often marketed under the Allen-Bradley brand.