Christopher Nardecchia Sells 612 Shares of Rockwell Automation (NYSE:ROK) Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Christopher Nardecchia sold 612 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $402.09, for a total value of $246,079.08. Following the completion of the transaction, the senior vice president owned 14,232 shares in the company, valued at approximately $5,722,544.88. This represents a 4.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Christopher Nardecchia also recently made the following trade(s):

• On Monday, December 8th, Christopher Nardecchia sold 480 shares of Rockwell Automation stock. The stock was sold at an average price of $400.96, for a total value of $192,460.80.
• On Friday, December 5th, Christopher Nardecchia sold 129 shares of Rockwell Automation stock. The shares were sold at an average price of $402.96, for a total transaction of $51,981.84.

Rockwell Automation Trading Up 2.4%

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

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

Rockwell Automation Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th will be given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Monday, November 17th. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio is presently 72.06%.

Analyst Ratings Changes

Several research firms recently weighed in on ROK. 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. TD Cowen lifted their price target 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. Weiss Ratings reissued a “hold (c)” rating on shares of Rockwell Automation in a report on Monday. Wall Street Zen raised Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. Finally, Wells Fargo & Company boosted their target price on 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 equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $388.13.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC raised its position in Rockwell Automation by 7.1% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 440 shares of the industrial products company’s stock valued at $154,000 after buying an additional 29 shares during the last quarter. Equitable Trust Co. grew its stake in shares of Rockwell Automation by 1.1% during the 3rd quarter. Equitable Trust Co. now owns 2,598 shares of the industrial products company’s stock worth $908,000 after acquiring an additional 29 shares in the last quarter. J. Safra Sarasin Holding AG raised its holdings in shares of Rockwell Automation by 2.2% in the third quarter. J. Safra Sarasin Holding AG now owns 1,384 shares of the industrial products company’s stock valued at $484,000 after purchasing an additional 30 shares during the last quarter. Fragasso Financial Advisors Inc lifted its position in shares of Rockwell Automation by 3.6% in the third quarter. Fragasso Financial Advisors Inc now owns 902 shares of the industrial products company’s stock worth $315,000 after purchasing an additional 31 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its holdings in Rockwell Automation by 3.3% during the third quarter. Dynamic Advisor Solutions LLC now owns 1,015 shares of the industrial products company’s stock worth $355,000 after purchasing an additional 32 shares during the last quarter. 75.75% of the stock is owned by institutional investors and hedge funds.

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.