Rockwell Automation, Inc. (NYSE:ROK) has been assigned a consensus recommendation of “Hold” from the twenty brokerages that are covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $169.00.

A number of research analysts recently weighed in on the stock. Oppenheimer reissued a “hold” rating on shares of Rockwell Automation in a research report on Friday, August 18th. lowered shares of Rockwell Automation from a “hold” rating to a “reduce” rating in a research report on Thursday, November 2nd. Morgan Stanley reissued an “equal weight” rating and set a $173.00 price target (up from $168.00) on shares of Rockwell Automation in a research report on Monday, October 2nd. Zacks Investment Research lowered shares of Rockwell Automation from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Finally, Goldman Sachs Group reissued a “neutral” rating and set a $193.00 price target on shares of Rockwell Automation in a research report on Friday, December 8th.

Rockwell Automation (NYSE:ROK) traded up $0.71 on Friday, hitting $191.46. 660,810 shares of the company were exchanged, compared to its average volume of 873,238. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 1.80. Rockwell Automation has a one year low of $133.61 and a one year high of $210.72. The company has a market capitalization of $24,604.45, a price-to-earnings ratio of 28.37, a P/E/G ratio of 2.15 and a beta of 1.23.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Wednesday, November 8th. The industrial products company reported $1.69 earnings per share for the quarter, missing analysts’ consensus estimates of $1.72 by ($0.03). Rockwell Automation had a net margin of 13.08% and a return on equity of 38.67%. The firm had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same period in the previous year, the business earned $1.52 earnings per share. The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. analysts predict that Rockwell Automation will post 7.39 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 11th. Shareholders of record on Monday, November 13th were given a $0.835 dividend. This is a positive change from Rockwell Automation’s previous quarterly dividend of $0.76. The ex-dividend date of this dividend was Friday, November 10th. This represents a $3.34 annualized dividend and a yield of 1.74%. Rockwell Automation’s payout ratio is currently 52.68%.

In related news, Director Lawrence D. Kingsley acquired 365 shares of the stock in a transaction on Thursday, September 28th. The shares were acquired at an average price of $99.77 per share, with a total value of $36,416.05. Following the completion of the transaction, the director now owns 5,421 shares in the company, valued at approximately $540,853.17. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Patrick P. Goris sold 145 shares of Rockwell Automation stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $192.36, for a total transaction of $27,892.20. The disclosure for this sale can be found here. In the last ninety days, insiders acquired 1,340 shares of company stock worth $137,336 and sold 12,493 shares worth $2,347,885. Insiders own 1.65% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the company. AXA increased its stake in shares of Rockwell Automation by 15.1% in the third quarter. AXA now owns 433,363 shares of the industrial products company’s stock worth $77,229,000 after purchasing an additional 56,835 shares in the last quarter. GSA Capital Partners LLP increased its stake in shares of Rockwell Automation by 109.9% in the third quarter. GSA Capital Partners LLP now owns 6,296 shares of the industrial products company’s stock worth $1,122,000 after purchasing an additional 3,296 shares in the last quarter. Moors & Cabot Inc. increased its stake in shares of Rockwell Automation by 12.7% in the third quarter. Moors & Cabot Inc. now owns 4,000 shares of the industrial products company’s stock worth $714,000 after purchasing an additional 450 shares in the last quarter. IFM Investors Pty Ltd purchased a new position in shares of Rockwell Automation in the third quarter worth about $696,000. Finally, Neuberger Berman Group LLC increased its stake in shares of Rockwell Automation by 2.9% in the third quarter. Neuberger Berman Group LLC now owns 550,396 shares of the industrial products company’s stock worth $98,086,000 after purchasing an additional 15,635 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

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Rockwell Automation Company Profile

Rockwell Automation, Inc (Rockwell Automation) is a provider of industrial automation power, control and information solutions for manufacturers. The Company operates through two segments: Architecture & Software and Control Products & Solutions. The Architecture & Software segment contains various hardware, software and communication components of the Company’s integrated control and information architecture capable of controlling the customer’s industrial processes and connecting with their manufacturing enterprise.

Analyst Recommendations for Rockwell Automation (NYSE:ROK)

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