Matheus De Viera Bulho Sells 467 Shares of Rockwell Automation (NYSE:ROK) Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Matheus De Viera Bulho sold 467 shares of the company’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $426.96, for a total value of $199,390.32. Following the transaction, the senior vice president directly owned 1,267 shares in the company, valued at $540,958.32. The trade was a 26.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rockwell Automation Stock Up 0.8%

Shares of Rockwell Automation stock opened at $428.58 on Friday. Rockwell Automation, Inc. has a 1 year low of $332.71 and a 1 year high of $497.36. The company has a market cap of $47.59 billion, a P/E ratio of 40.17, a P/E/G ratio of 2.48 and a beta of 1.52. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 0.74. The stock has a 50-day moving average price of $454.75 and a 200 day moving average price of $428.14.

Rockwell Automation (NYSE:ROK) last released its earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.11. The company had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%.The business’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.82 EPS. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. As a group, analysts expect that Rockwell Automation, Inc. will post 13.22 EPS for the current fiscal year.

Rockwell Automation declared that its board has authorized a stock buyback plan on Tuesday, June 9th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the industrial products company to buy up to 2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Rockwell Automation Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be paid a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 1.3%. The ex-dividend date is Monday, August 17th. Rockwell Automation’s dividend payout ratio is currently 51.73%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on ROK shares. Evercore set a $485.00 price target on shares of Rockwell Automation in a report on Wednesday, August 5th. Morgan Stanley increased their price objective on Rockwell Automation from $525.00 to $545.00 and gave the stock an “overweight” rating in a report on Wednesday. Argus boosted their target price on Rockwell Automation from $465.00 to $530.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Robert W. Baird set a $514.00 target price on Rockwell Automation in a research report on Wednesday, August 5th. Finally, Sanford C. Bernstein raised their price target on Rockwell Automation from $501.00 to $514.00 and gave the stock a “market perform” rating in a research note on Friday, August 14th. Nine investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $469.14.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of ROK. California State Teachers Retirement System boosted its holdings in Rockwell Automation by 50,536.8% in the second quarter. California State Teachers Retirement System now owns 84,037,850 shares of the industrial products company’s stock worth $41,605,459,000 after purchasing an additional 83,871,888 shares in the last quarter. BlackRock Inc. bought a new position in Rockwell Automation during the second quarter valued at about $6,129,376,000. State Street Corp lifted its position in shares of Rockwell Automation by 4.2% in the fourth quarter. State Street Corp now owns 4,996,130 shares of the industrial products company’s stock worth $1,943,844,000 after buying an additional 202,705 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Rockwell Automation by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 2,924,501 shares of the industrial products company’s stock worth $1,133,397,000 after buying an additional 17,855 shares during the last quarter. Finally, Morgan Stanley boosted its stake in shares of Rockwell Automation by 10.4% during the 4th quarter. Morgan Stanley now owns 2,921,840 shares of the industrial products company’s stock worth $1,136,801,000 after acquiring an additional 276,021 shares in the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

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.