Christopher Nardecchia Sells 14,465 Shares of Rockwell Automation (NYSE:ROK) Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Christopher Nardecchia sold 14,465 shares of Rockwell Automation stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $410.01, for a total value of $5,930,794.65. Following the transaction, the senior vice president owned 14,232 shares in the company, valued at approximately $5,835,262.32. This represents a 50.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 shares were sold at an average price of $400.96, for a total transaction of $192,460.80.
• On Wednesday, December 10th, Christopher Nardecchia sold 612 shares of Rockwell Automation stock. The stock was sold at an average price of $402.09, for a total transaction of $246,079.08.
• 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 Down 1.0%

Shares of Rockwell Automation stock traded down $4.28 during mid-day trading on Friday, hitting $407.02. The stock had a trading volume of 1,207,283 shares, compared to its average volume of 1,029,420. The firm has a 50-day moving average of $407.25 and a two-hundred day moving average of $377.58. The firm has a market cap 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. Rockwell Automation, Inc. has a 12-month low of $215.00 and a 12-month high of $438.72.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 EPS for the quarter, beating analysts’ consensus estimates of $2.46 by $0.29. The firm had revenue of $2.11 billion for the quarter, compared to analysts’ expectations 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 period in the prior year, the firm posted $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. Sell-side analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd will be given a $1.38 dividend. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $5.52 dividend on an annualized basis and a yield of 1.4%. Rockwell Automation’s dividend payout ratio is presently 63.16%.

Institutional Investors Weigh In On Rockwell Automation

A number of hedge funds have recently bought and sold shares of ROK. Vanguard Group Inc. grew its position in shares of Rockwell Automation by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 14,206,311 shares of the industrial products company’s stock worth $5,527,249,000 after buying an additional 114,469 shares in the last quarter. State Street Corp lifted its stake in 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 acquiring an additional 202,705 shares during the last quarter. Geode Capital Management LLC grew its holdings in Rockwell Automation by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 2,924,501 shares of the industrial products company’s stock worth $1,133,397,000 after acquiring an additional 17,855 shares in the last quarter. Morgan Stanley grew its holdings in 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. Finally, Goldman Sachs Group Inc. increased its position in shares of Rockwell Automation by 1.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,104,985 shares of the industrial products company’s stock valued at $818,986,000 after purchasing an additional 24,719 shares during the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Analyst Ratings Changes

ROK has been the subject of several research analyst reports. Rothschild & Co Redburn raised their price target on Rockwell Automation from $335.00 to $365.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 21st. Argus upgraded Rockwell Automation to a “strong-buy” rating in a report on Friday, January 16th. JPMorgan Chase & Co. lifted their target price on Rockwell Automation from $400.00 to $404.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. KeyCorp reissued an “overweight” rating and set a $470.00 price target on shares of Rockwell Automation in a research report on Friday, February 6th. Finally, Oppenheimer lowered shares of Rockwell Automation from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 20th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $418.33.

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.