Rockwell Automation (NYSE:ROK) SVP Ernest Nicolas sold 121 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $199.02, for a total value of $24,081.42. Following the completion of the sale, the senior vice president now directly owns 5,618 shares in the company, valued at approximately $1,118,094.36. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

ROK opened at $205.47 on Friday. The stock’s 50 day moving average price is $189.63 and its 200 day moving average price is $166.34. The company has a debt-to-equity ratio of 4.84, a current ratio of 1.54 and a quick ratio of 1.24. The stock has a market cap of $23.49 billion, a P/E ratio of 23.47, a P/E/G ratio of 2.78 and a beta of 1.45. Rockwell Automation has a 12 month low of $141.46 and a 12 month high of $207.11.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Tuesday, November 12th. The industrial products company reported $2.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.92 by $0.09. Rockwell Automation had a return on equity of 99.27% and a net margin of 10.39%. The company had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same quarter in the previous year, the firm posted $2.11 EPS. The firm’s quarterly revenue was up .0% on a year-over-year basis. Equities analysts anticipate that Rockwell Automation will post 8.93 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Tuesday, November 12th were paid a dividend of $1.02 per share. This is a boost from Rockwell Automation’s previous quarterly dividend of $0.97. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date was Friday, November 8th. Rockwell Automation’s payout ratio is currently 47.06%.

Hedge funds have recently bought and sold shares of the stock. Coastal Capital Group Inc. acquired a new position in Rockwell Automation during the 2nd quarter valued at about $25,000. Griffin Asset Management Inc. acquired a new stake in shares of Rockwell Automation in the 2nd quarter worth approximately $26,000. Capital Advisors Ltd. LLC lifted its stake in shares of Rockwell Automation by 426.5% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 179 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 145 shares during the period. River & Mercantile Asset Management LLP bought a new position in shares of Rockwell Automation in the second quarter valued at approximately $31,000. Finally, Shine Investment Advisory Services Inc. boosted its holdings in shares of Rockwell Automation by 112.9% in the third quarter. Shine Investment Advisory Services Inc. now owns 198 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 105 shares in the last quarter. 73.86% of the stock is owned by institutional investors and hedge funds.

A number of brokerages recently commented on ROK. HSBC downgraded Rockwell Automation from a “buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Gabelli cut Rockwell Automation from a “buy” rating to a “hold” rating in a research note on Wednesday, November 13th. Longbow Research reissued a “hold” rating on shares of Rockwell Automation in a report on Tuesday, September 17th. TheStreet lowered shares of Rockwell Automation from a “b+” rating to a “c+” rating in a research report on Tuesday, November 12th. Finally, Barclays upgraded shares of Rockwell Automation from an “equal weight” rating to an “overweight” rating in a research report on Monday, November 18th. Fourteen investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Rockwell Automation presently has a consensus rating of “Hold” and a consensus target price of $187.75.

About Rockwell Automation

Rockwell Automation, Inc provides industrial automation and information solutions worldwide. It operates in two segments, Architecture & Software; and Control Products & Solutions. The Architecture & Software segment provides control platforms, including controllers, electronic operator interface devices, electronic input/output devices, communication and networking products, and industrial computers that perform multiple control disciplines and monitoring of applications, such as discrete, batch and continuous process, drives control, motion control, and machine safety control.

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