Rockwell Automation (NYSE:ROK) VP Sells $90,479.25 in Stock

Rockwell Automation, Inc. (NYSE:ROK) VP Terry Riesterer sold 225 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.13, for a total value of $90,479.25. Following the transaction, the vice president directly owned 2,034 shares in the company, valued at approximately $817,932.42. This represents a 9.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Rockwell Automation Trading Up 2.4%

Shares of ROK traded up $9.48 during midday trading on Wednesday, hitting $410.09. The stock had a trading volume of 932,398 shares, compared to its average volume of 1,009,787. The stock’s 50 day moving average is $370.46 and its 200 day moving average is $349.75. The firm has a market cap of $46.04 billion, a PE ratio of 53.54, a price-to-earnings-growth ratio of 2.69 and a beta of 1.50. 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 1 year low of $215.00 and a 1 year high of $413.04.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, topping 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 company had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. During the same period in the prior year, the company posted $2.47 EPS. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, analysts forecast that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th will be paid a dividend of $1.38 per share. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, November 17th. Rockwell Automation’s payout ratio is presently 72.06%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Rockwell Automation by 468.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 75 shares in the last quarter. Rexford Capital Inc. purchased a new stake in shares of Rockwell Automation during the 2nd quarter valued at $33,000. Ameriflex Group Inc. boosted its position in shares of Rockwell Automation by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 50 shares in the last quarter. Legend Financial Advisors Inc. purchased a new position in Rockwell Automation during the 2nd quarter worth $39,000. Finally, SBI Securities Co. Ltd. increased its position in Rockwell Automation by 48.7% during the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after buying an additional 38 shares in the last quarter. Institutional investors own 75.75% of the company’s stock.

Wall Street Analyst Weigh In

ROK has been the topic of several recent analyst reports. JPMorgan Chase & Co. raised 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. Oppenheimer reissued an “outperform” rating and issued a $391.00 price objective on shares of Rockwell Automation in a research note on Friday, November 7th. TD Cowen raised their price target on Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a research note on Tuesday, December 2nd. Citigroup raised their target price on shares of Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a research report on Monday. Finally, Barclays upped their price target 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. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $388.13.

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.