Rockwell Automation (NYSE:ROK) CFO Patrick P. Goris sold 2,600 shares of the stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $220.00, for a total transaction of $572,000.00. Following the completion of the transaction, the chief financial officer now directly owns 12,343 shares of the company’s stock, valued at $2,715,460. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of NYSE ROK opened at $218.14 on Friday. Rockwell Automation has a 1 year low of $115.38 and a 1 year high of $230.93. The firm’s 50 day moving average price is $214.27 and its 200 day moving average price is $193.19. The firm has a market cap of $25.49 billion, a P/E ratio of 33.10, a price-to-earnings-growth ratio of 5.04 and a beta of 1.50. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.21 and a current ratio of 1.31.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.27 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.13 by $0.14. The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.39 billion. Rockwell Automation had a net margin of 11.85% and a return on equity of 105.45%. Rockwell Automation’s revenue for the quarter was down 16.3% on a year-over-year basis. During the same quarter last year, the business earned $2.40 EPS. As a group, equities analysts predict that Rockwell Automation will post 7.5 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be issued a $1.02 dividend. The ex-dividend date is Friday, August 14th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.87%. Rockwell Automation’s dividend payout ratio (DPR) is presently 47.06%.

A number of research analysts have issued reports on ROK shares. Robert W. Baird increased their target price on shares of Rockwell Automation from $134.00 to $167.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Credit Suisse Group raised their price objective on shares of Rockwell Automation from $215.00 to $226.00 and gave the stock a “neutral” rating in a research note on Wednesday. Rosenblatt Securities raised shares of Rockwell Automation from a “sell” rating to a “neutral” rating and raised their price objective for the stock from $173.00 to $205.00 in a research note on Wednesday. G.Research cut shares of Rockwell Automation from a “hold” rating to a “sell” rating in a research note on Thursday, April 30th. Finally, Citigroup raised shares of Rockwell Automation from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $223.00 to $252.00 in a research note on Tuesday, July 21st. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $202.59.

Several institutional investors and hedge funds have recently made changes to their positions in ROK. FMR LLC boosted its holdings in shares of Rockwell Automation by 0.6% in the 1st quarter. FMR LLC now owns 119,971 shares of the industrial products company’s stock valued at $21,050,000 after purchasing an additional 709 shares during the last quarter. Guggenheim Capital LLC boosted its holdings in shares of Rockwell Automation by 19.5% in the 4th quarter. Guggenheim Capital LLC now owns 29,623 shares of the industrial products company’s stock valued at $6,004,000 after purchasing an additional 4,831 shares during the last quarter. Total Clarity Wealth Management Inc. acquired a new position in shares of Rockwell Automation in the 4th quarter valued at $39,000. Macquarie Group Ltd. boosted its holdings in shares of Rockwell Automation by 369.2% in the 4th quarter. Macquarie Group Ltd. now owns 112,690 shares of the industrial products company’s stock valued at $22,839,000 after purchasing an additional 88,675 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Rockwell Automation during the 4th quarter valued at $155,572,000. Institutional investors own 77.35% of the company’s stock.

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.

Featured Story: How to interpret the current ratio

Insider Buying and Selling by Quarter for Rockwell Automation (NYSE:ROK)

Receive News & Ratings for Rockwell Automation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rockwell Automation and related companies with MarketBeat.com's FREE daily email newsletter.