Rockwell Automation, Inc. (NYSE:ROK) was the recipient of some unusual options trading activity on Wednesday. Investors purchased 2,990 call options on the company. This is an increase of approximately Infinity compared to the average volume of 0 call options.

In other news, insider Blake D. Moret sold 5,677 shares of the firm’s stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $170.10, for a total transaction of $965,657.70. Following the sale, the insider now owns 21,426 shares of the company’s stock, valued at approximately $3,644,562.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Frank C. Kulaszewicz sold 8,000 shares of the firm’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $165.74, for a total transaction of $1,325,920.00. Following the sale, the senior vice president now directly owns 33,195 shares in the company, valued at approximately $5,501,739.30. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 18,400 shares of company stock worth $3,079,741. Insiders own 1.65% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. CWM LLC boosted its stake in Rockwell Automation by 0.3% during the 2nd quarter. CWM LLC now owns 2,125 shares of the industrial products company’s stock valued at $344,000 after purchasing an additional 6 shares in the last quarter. Keel Point LLC boosted its stake in Rockwell Automation by 0.3% during the 2nd quarter. Keel Point LLC now owns 1,724 shares of the industrial products company’s stock valued at $279,000 after purchasing an additional 6 shares in the last quarter. Advisor Partners LLC boosted its stake in Rockwell Automation by 0.3% during the 2nd quarter. Advisor Partners LLC now owns 2,567 shares of the industrial products company’s stock valued at $416,000 after purchasing an additional 8 shares in the last quarter. Sfmg LLC boosted its stake in Rockwell Automation by 0.4% during the 2nd quarter. Sfmg LLC now owns 1,796 shares of the industrial products company’s stock valued at $291,000 after purchasing an additional 8 shares in the last quarter. Finally, Westside Investment Management Inc. boosted its stake in Rockwell Automation by 0.5% during the 2nd quarter. Westside Investment Management Inc. now owns 1,666 shares of the industrial products company’s stock valued at $274,000 after purchasing an additional 9 shares in the last quarter. 73.61% of the stock is owned by hedge funds and other institutional investors.

Shares of Rockwell Automation (NYSE ROK) opened at $198.38 on Friday. The company has a current ratio of 2.03, a quick ratio of 1.76 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $25.57 billion, a P/E ratio of 30.28, a P/E/G ratio of 2.40 and a beta of 1.24.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Monday, November 13th will be paid a dividend of $0.835 per share. This is a positive change from Rockwell Automation’s previous quarterly dividend of $0.76. This represents a $3.34 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date is Friday, November 10th. Rockwell Automation’s dividend payout ratio (DPR) is presently 49.03%.

ROK has been the topic of several recent research reports. Zacks Investment Research cut shares of Rockwell Automation from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Cowen and Company reiterated a “hold” rating and issued a $140.00 price objective on shares of Rockwell Automation in a research note on Sunday, September 17th. ValuEngine upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Thursday, September 7th. Credit Suisse Group reiterated a “neutral” rating and issued a $174.00 price objective (up previously from $154.00) on shares of Rockwell Automation in a research note on Wednesday, October 11th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $167.00 price objective on shares of Rockwell Automation in a research note on Wednesday, July 19th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $164.07.

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Rockwell Automation Company Profile

Rockwell Automation, Inc (Rockwell Automation) is a provider of industrial automation power, control and information solutions for manufacturers. The Company operates through two segments: Architecture & Software and Control Products & Solutions. The Architecture & Software segment contains various hardware, software and communication components of the Company’s integrated control and information architecture capable of controlling the customer’s industrial processes and connecting with their manufacturing enterprise.

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