Rockwell Automation (NYSE:ROK) SVP Rebecca House Sells 351 Shares

Rockwell Automation, Inc. (NYSE:ROK) SVP Rebecca House sold 351 shares of Rockwell Automation stock in a transaction on Monday, December 8th. The shares were sold at an average price of $400.96, for a total value of $140,736.96. Following the completion of the transaction, the senior vice president owned 10,277 shares in the company, valued at $4,120,665.92. The trade was a 3.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Rockwell Automation Trading Up 2.4%

Shares of Rockwell Automation stock traded up $9.48 during trading hours on Wednesday, reaching $410.09. The stock had a trading volume of 932,398 shares, compared to its average volume of 1,009,787. The firm has a market capitalization of $46.04 billion, a price-to-earnings ratio of 53.54, a P/E/G ratio of 2.69 and a beta of 1.50. Rockwell Automation, Inc. has a 1 year low of $215.00 and a 1 year high of $413.04. 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 50 day simple moving average of $370.46 and a two-hundred day simple moving average of $349.75.

Rockwell Automation (NYSE:ROK) last posted its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (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 the consensus estimate of $2.19 billion. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The company’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, equities research 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 will be paid on Wednesday, December 10th. Investors of record on Monday, November 17th will be issued 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 a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio (DPR) is presently 72.06%.

Institutional Investors Weigh In On Rockwell Automation

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

Analyst Upgrades and Downgrades

ROK has been the topic of a number of recent research reports. Wall Street Zen upgraded Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. Jefferies Financial Group boosted their price target on Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a research report on Wednesday. Morgan Stanley increased their price objective on shares of Rockwell Automation from $385.00 to $435.00 and gave the company an “overweight” rating in a research report on Monday, November 10th. Wells Fargo & Company boosted their target price on shares of Rockwell Automation from $355.00 to $380.00 and gave the stock an “equal weight” rating in a research report on Friday, November 7th. Finally, Bank of America raised their price target on shares of Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a report on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating, eleven have given 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, Rockwell Automation presently has an average rating of “Moderate Buy” and a consensus price target of $388.13.

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.