Rockwell Automation (NYSE:ROK) SVP Rebecca House Sells 1,698 Shares

Rockwell Automation, Inc. (NYSE:ROK) SVP Rebecca House sold 1,698 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.06, for a total value of $682,697.88. Following the transaction, the senior vice president owned 12,200 shares of the company’s stock, valued at approximately $4,905,132. This represents a 12.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Rockwell Automation Trading Up 2.4%

Rockwell Automation stock traded up $9.48 during mid-day trading on Wednesday, reaching $410.09. 932,398 shares of the company traded hands, compared to its average volume of 1,009,787. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77. Rockwell Automation, Inc. has a 52-week low of $215.00 and a 52-week high of $413.04. The firm has a market capitalization of $46.04 billion, a price-to-earnings ratio of 53.54, a P/E/G ratio of 2.69 and a beta of 1.50. The firm’s 50 day moving average price is $370.46 and its 200 day moving average price is $349.75.

Rockwell Automation (NYSE:ROK) last announced its 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. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The firm had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. During the same quarter in the previous year, the firm posted $2.47 EPS. The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, analysts anticipate that Rockwell Automation, Inc. will post 9.35 earnings per share 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. Shareholders of record on Monday, November 17th will be issued a dividend of $1.38 per share. This is a positive change 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 1.3%. Rockwell Automation’s dividend payout ratio (DPR) is currently 72.06%.

Analyst Ratings Changes

A number of research firms have recently commented on ROK. Robert W. Baird raised their target price on Rockwell Automation from $392.00 to $402.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. JPMorgan Chase & Co. raised their price objective on Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. Barclays upped their target price on shares of Rockwell Automation from $417.00 to $435.00 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Citigroup increased their price target on shares of Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Wells Fargo & Company boosted their price objective on shares of Rockwell Automation from $355.00 to $380.00 and gave the stock an “equal weight” rating in a research note on Friday, November 7th. One research 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $388.13.

Hedge Funds Weigh In On Rockwell Automation

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Rockwell Automation by 1.5% during 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 purchasing an additional 207,448 shares in the last quarter. State Street Corp grew its holdings in shares of Rockwell Automation by 0.9% during 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 buying an additional 42,809 shares during the last quarter. Geode Capital Management LLC grew its holdings 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 valued at $950,744,000 after buying an additional 48,105 shares during the last quarter. Goldman Sachs Group Inc. increased its position 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 valued at $470,091,000 after acquiring an additional 191,370 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in Rockwell Automation by 2.2% in the 1st quarter. Invesco Ltd. now owns 1,448,160 shares of the industrial products company’s stock worth $374,176,000 after acquiring an additional 30,837 shares during the last quarter. Institutional investors own 75.75% of the company’s stock.

Rockwell Automation Company Profile

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.