Banque Cantonale Vaudoise Has $775,000 Stake in Rockwell Automation, Inc. (NYSE:ROK)

Banque Cantonale Vaudoise decreased its stake in Rockwell Automation, Inc. (NYSE:ROK – Get Rating) by 7.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,010 shares of the industrial products company’s stock after selling 254 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Rockwell Automation were worth $775,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of ROK. New Hampshire Trust acquired a new stake in Rockwell Automation in the 4th quarter valued at $26,000. MinichMacGregor Wealth Management LLC acquired a new position in Rockwell Automation in the fourth quarter worth $27,000. Neo Ivy Capital Management acquired a new position in Rockwell Automation in the second quarter worth $29,000. Armstrong Advisory Group Inc. acquired a new position in Rockwell Automation in the fourth quarter worth $33,000. Finally, Arlington Partners LLC boosted its stake in Rockwell Automation by 215.6% in the fourth quarter. Arlington Partners LLC now owns 142 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 97 shares in the last quarter. Institutional investors and hedge funds own 77.66% of the company’s stock.

Insiders Place Their Bets

In other Rockwell Automation news, VP Isaac Woods sold 100 shares of the stock in a transaction dated Monday, February 27th. The stock was sold at an average price of $294.33, for a total value of $29,433.00. Following the completion of the sale, the vice president now directly owns 452 shares in the company, valued at $133,037.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, VP John M. Miller sold 556 shares of the company’s stock in a transaction dated Tuesday, May 2nd. The stock was sold at an average price of $279.09, for a total transaction of $155,174.04. Following the completion of the transaction, the vice president now directly owns 4,281 shares of the company’s stock, valued at $1,194,784.29. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Isaac Woods sold 100 shares of the stock in a transaction that occurred on Monday, February 27th. The shares were sold at an average price of $294.33, for a total value of $29,433.00. Following the transaction, the vice president now directly owns 452 shares of the company’s stock, valued at $133,037.16. The disclosure for this sale can be found here. Insiders sold 3,131 shares of company stock worth $905,751 over the last ninety days. 0.64% of the stock is currently owned by corporate insiders.

Rockwell Automation Trading Up 1.2 %

NYSE ROK opened at $273.43 on Friday. The stock has a 50-day simple moving average of $277.91 and a 200 day simple moving average of $275.80. The company has a market capitalization of $31.41 billion, a PE ratio of 24.07, a P/E/G ratio of 1.98 and a beta of 1.42. The company has a current ratio of 1.08, a quick ratio of 0.73 and a debt-to-equity ratio of 0.83. Rockwell Automation, Inc. has a 12 month low of $190.08 and a 12 month high of $309.36.

Rockwell Automation (NYSE:ROK – Get Rating) last announced its quarterly earnings results on Thursday, April 27th. The industrial products company reported $3.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.60 by $0.41. Rockwell Automation had a return on equity of 42.15% and a net margin of 15.82%. The company had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same period in the prior year, the company earned $1.66 earnings per share. The company’s revenue for the quarter was up 25.8% compared to the same quarter last year. Research analysts forecast that Rockwell Automation, Inc. will post 12.06 EPS for the current year.

Rockwell Automation Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 12th. Shareholders of record on Monday, May 15th will be issued a $1.18 dividend. The ex-dividend date of this dividend is Friday, May 12th. This represents a $4.72 annualized dividend and a dividend yield of 1.73%. Rockwell Automation’s dividend payout ratio (DPR) is currently 41.55%.

Analyst Ratings Changes

A number of research firms have commented on ROK. Mizuho boosted their price objective on Rockwell Automation from $260.00 to $270.00 in a research note on Friday, April 28th. Citigroup boosted their price objective on Rockwell Automation from $297.00 to $320.00 and gave the stock a “buy” rating in a research note on Friday, January 27th. Deutsche Bank Aktiengesellschaft boosted their price objective on Rockwell Automation from $272.00 to $273.00 and gave the stock a “hold” rating in a research note on Wednesday, April 12th. Robert W. Baird boosted their target price on Rockwell Automation from $285.00 to $292.00 and gave the stock an “outperform” rating in a research report on Friday, January 27th. Finally, Cowen boosted their target price on Rockwell Automation from $200.00 to $220.00 and gave the stock an “underperform” rating in a research report on Monday, January 30th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $271.67.

Rockwell Automation Profile

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Rockwell Automation, Inc engages in the provision of industrial automation and information services. It operates through the following segments: Intelligent Devices, Software and Control, and Lifecycle Services. The Intelligent Devices segment combines a portfolio of smart products that create the foundation of an agile, resilient, and sustainable production system.