Matheus De Viera Bulho Sells 1,164 Shares of Rockwell Automation (NYSE:ROK) Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Matheus De Viera Bulho sold 1,164 shares of the stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $402.22, for a total value of $468,184.08. Following the sale, the senior vice president owned 4,334 shares of the company’s stock, valued at $1,743,221.48. This represents a 21.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Rockwell Automation Trading Down 0.0%

Rockwell Automation stock traded down $0.02 during trading hours on Friday, reaching $403.87. The company had a trading volume of 780,201 shares, compared to its average volume of 1,097,298. 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 12-month low of $215.00 and a 12-month high of $406.44. The company has a 50-day moving average price of $365.86 and a 200 day moving average price of $346.71. The firm has a market cap of $45.34 billion, a price-to-earnings ratio of 52.73, a P/E/G ratio of 2.71 and a beta of 1.50.

Rockwell Automation (NYSE:ROK) last issued its earnings results on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $2.19 billion. During the same period in the previous year, the firm earned $2.47 earnings per share. 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. Equities analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The company also recently disclosed 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 represents a $5.52 annualized dividend and a dividend yield of 1.4%. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend is Monday, November 17th. Rockwell Automation’s payout ratio is currently 72.06%.

Wall Street Analysts Forecast Growth

ROK has been the topic of several research analyst reports. Citigroup reissued a “buy” rating on shares of Rockwell Automation in a research note on Thursday, October 9th. Wall Street Zen upgraded Rockwell Automation from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. Oppenheimer reissued an “outperform” rating and set a $391.00 price objective on shares of Rockwell Automation in a research report on Friday, November 7th. Barclays lifted their price target on shares of Rockwell Automation from $417.00 to $435.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Rockwell Automation in a research report on Monday. 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 issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $372.56.

Hedge Funds Weigh In On Rockwell Automation

Several hedge funds and other institutional investors have recently bought and sold shares of ROK. Brighton Jones LLC bought a new stake in shares of Rockwell Automation in the fourth quarter worth approximately $281,000. Cary Street Partners Investment Advisory LLC boosted its stake in shares of Rockwell Automation by 59.6% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 166 shares of the industrial products company’s stock worth $43,000 after buying an additional 62 shares during the last quarter. Wealthspire Advisors LLC increased its position in Rockwell Automation by 96.9% during the first quarter. Wealthspire Advisors LLC now owns 5,406 shares of the industrial products company’s stock valued at $1,397,000 after acquiring an additional 2,660 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Rockwell Automation by 11.8% in 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 during the period. Finally, ASR Vermogensbeheer N.V. purchased a new position in Rockwell Automation in the first quarter worth about $6,818,000. Institutional investors own 75.75% of the company’s stock.

About Rockwell Automation

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.