Rockwell Automation (NYSE:ROK) CEO Sells $709,909.80 in Stock

Rockwell Automation, Inc. (NYSE:ROK) CEO Blake Moret sold 1,762 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $402.90, for a total value of $709,909.80. Following the completion of the sale, the chief executive officer owned 89,749 shares in the company, valued at approximately $36,159,872.10. This represents a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Rockwell Automation Price Performance

Rockwell Automation stock opened at $403.87 on Monday. The business has a 50 day simple moving average of $367.06 and a 200 day simple moving average of $347.98. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77. The company has a market capitalization of $45.34 billion, a PE ratio of 52.73, a price-to-earnings-growth ratio of 2.71 and a beta of 1.50. Rockwell Automation, Inc. has a one year low of $215.00 and a one year high of $406.44.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. The firm had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The business’s revenue was up 13.8% compared to the same quarter last year. During the same period in the prior year, the business posted $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, sell-side analysts forecast that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Monday, November 17th will be given a dividend of $1.38 per share. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date is Monday, November 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. Rockwell Automation’s dividend payout ratio is 72.06%.

Analyst Upgrades and Downgrades

A number of research firms have commented on ROK. JPMorgan Chase & Co. boosted their price target on shares of Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Rockwell Automation in a report on Monday, December 1st. Citigroup reissued a “buy” rating on shares of Rockwell Automation in a report on Thursday, October 9th. Robert W. Baird increased their price target on Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. Finally, Barclays lifted their price objective on Rockwell Automation from $417.00 to $435.00 and gave the company an “overweight” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $376.00.

Institutional Trading of Rockwell Automation

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Rockwell Automation by 7.1% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 440 shares of the industrial products company’s stock worth $154,000 after buying an additional 29 shares in the last quarter. Equitable Trust Co. increased its stake in shares of Rockwell Automation by 1.1% in the 3rd 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 during the period. J. Safra Sarasin Holding AG raised its position in shares of 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 worth $484,000 after acquiring an additional 30 shares during the last quarter. Fragasso Financial Advisors Inc lifted its stake in shares of Rockwell Automation by 3.6% during the third quarter. Fragasso Financial Advisors Inc now owns 902 shares of the industrial products company’s stock valued at $315,000 after acquiring an additional 31 shares during the period. Finally, Dynamic Advisor Solutions LLC lifted its stake in shares of Rockwell Automation by 3.3% during the third quarter. Dynamic Advisor Solutions LLC now owns 1,015 shares of the industrial products company’s stock valued at $355,000 after acquiring an additional 32 shares during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.

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.