Rockwell Automation (NYSE:ROK) SVP Rebecca House Sells 12,100 Shares

Rockwell Automation, Inc. (NYSE:ROK) SVP Rebecca House sold 12,100 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $404.27, for a total transaction of $4,891,667.00. Following the completion of the sale, the senior vice president directly owned 12,200 shares of the company’s stock, valued at approximately $4,932,094. This represents a 49.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Rockwell Automation Trading Down 1.0%

NYSE:ROK traded down $4.28 during trading hours on Friday, hitting $407.02. 1,207,283 shares of the stock were exchanged, compared to its average volume of 1,029,420. The company has a market capitalization of $45.73 billion, a P/E ratio of 46.57, a price-to-earnings-growth ratio of 2.87 and a beta of 1.52. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 0.68. The company’s 50 day moving average is $407.25 and its two-hundred day moving average is $377.58. Rockwell Automation, Inc. has a twelve month low of $215.00 and a twelve month high of $438.72.

Rockwell Automation (NYSE:ROK) last released its earnings results on Thursday, February 5th. The industrial products company reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $2.46 by $0.29. The company had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.08 billion. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The firm’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, sell-side analysts anticipate that Rockwell Automation, Inc. will post 9.35 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 Tuesday, March 10th. Stockholders of record on Monday, February 23rd will be given a dividend of $1.38 per share. The ex-dividend date is Monday, February 23rd. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. Rockwell Automation’s payout ratio is currently 63.16%.

Wall Street Analysts Forecast Growth

ROK has been the topic of a number of recent research reports. Bank of America raised their price objective on shares of Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Morgan Stanley reaffirmed an “overweight” rating and set a $460.00 price objective on shares of Rockwell Automation in a research note on Sunday, February 8th. Rothschild & Co Redburn upped their price objective on Rockwell Automation from $335.00 to $365.00 and gave the company a “neutral” rating in a report on Wednesday, January 21st. JPMorgan Chase & Co. raised their target price on Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Finally, KeyCorp restated an “overweight” rating and set a $470.00 target price on shares of Rockwell Automation in a research report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $418.33.

Institutional Investors Weigh In On Rockwell Automation

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. MV Capital Management Inc. bought a new position in shares of Rockwell Automation during the 4th quarter worth approximately $28,000. Manchester Capital Management LLC grew its position in Rockwell Automation by 97.5% in the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 39 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased 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 valued at $32,000 after buying an additional 75 shares during the last quarter. First Horizon Corp bought a new stake in Rockwell Automation during the 4th quarter worth about $32,000. Finally, Rexford Capital Inc. acquired a new position in shares of Rockwell Automation during the 2nd quarter worth about $33,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

About Rockwell Automation

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.