Rockwell Automation (NYSE:ROK) SVP Cyril Perducat Sells 804 Shares

Rockwell Automation, Inc. (NYSE:ROK) SVP Cyril Perducat sold 804 shares of the firm’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.05, for a total transaction of $323,248.20. Following the completion of the sale, the senior vice president owned 5,858 shares in the company, valued at $2,355,208.90. The trade was a 12.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Cyril Perducat also recently made the following trade(s):

• On Monday, December 8th, Cyril Perducat sold 162 shares of Rockwell Automation stock. The stock was sold at an average price of $400.97, for a total transaction of $64,957.14.
• On Friday, December 5th, Cyril Perducat sold 139 shares of Rockwell Automation stock. The stock was sold at an average price of $402.91, for a total value of $56,004.49.

Rockwell Automation Stock Up 2.4%

Rockwell Automation stock traded up $9.48 during mid-day trading on Wednesday, hitting $410.09. The company had a trading volume of 932,398 shares, compared to its average volume of 1,009,787. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. Rockwell Automation, Inc. has a 1 year low of $215.00 and a 1 year high of $413.04. The business has a fifty day moving average of $370.46 and a 200 day moving average of $349.75. The stock has a market cap of $46.04 billion, a price-to-earnings ratio of 53.54, a PEG ratio of 2.69 and a beta of 1.50.

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

Rockwell Automation Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be issued a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, November 17th. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. Rockwell Automation’s dividend payout ratio is 72.06%.

Analyst Upgrades and Downgrades

ROK has been the subject of several research reports. TD Cowen boosted their target price on Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a report on Tuesday, December 2nd. Oppenheimer reiterated an “outperform” rating and issued a $391.00 price objective on shares of Rockwell Automation in a research note on Friday, November 7th. Robert W. Baird raised their target price on shares of Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. Bank of America upped their price target on shares of Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Finally, JPMorgan Chase & Co. increased their price target on shares of Rockwell Automation from $357.00 to $400.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Rockwell Automation currently has a consensus rating of “Moderate Buy” and a consensus target price of $388.13.

Hedge Funds Weigh In On Rockwell Automation

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Rockwell Automation by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 14,058,406 shares of the industrial products company’s stock valued at $4,669,781,000 after buying an additional 207,448 shares during the period. State Street Corp boosted its holdings in shares of Rockwell Automation by 0.9% in the third quarter. State Street Corp now owns 4,793,425 shares of the industrial products company’s stock valued at $1,675,446,000 after acquiring an additional 42,809 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Rockwell Automation by 1.7% during the second quarter. Geode Capital Management LLC now owns 2,874,428 shares of the industrial products company’s stock worth $950,744,000 after acquiring an additional 48,105 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Rockwell Automation by 11.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,819,379 shares of the industrial products company’s stock worth $470,091,000 after acquiring an additional 191,370 shares during the period. Finally, Invesco Ltd. raised its holdings in Rockwell Automation by 2.2% during the first quarter. Invesco Ltd. now owns 1,448,160 shares of the industrial products company’s stock worth $374,176,000 after purchasing an additional 30,837 shares in the last quarter. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

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.