Rebecca House Sells 371 Shares of Rockwell Automation (NYSE:ROK) Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Rebecca House sold 371 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $402.90, for a total transaction of $149,475.90. Following the sale, the senior vice president directly owned 10,628 shares in the company, valued at approximately $4,282,021.20. The trade was a 3.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Rockwell Automation Stock Performance

Shares of ROK traded down $0.02 during mid-day trading on Friday, hitting $403.87. 780,201 shares of the company traded hands, compared to its average volume of 1,097,298. The stock 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. The stock has a 50-day moving average price of $365.86 and a two-hundred day moving average price of $346.71. Rockwell Automation, Inc. has a 1 year low of $215.00 and a 1 year high of $406.44. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.14.

Rockwell Automation (NYSE:ROK) last posted its earnings results on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $2.19 billion. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The firm’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Equities analysts anticipate 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. Investors of record on Monday, November 17th will be given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 1.4%. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date is Monday, November 17th. Rockwell Automation’s dividend payout ratio (DPR) is currently 72.06%.

Hedge Funds Weigh In On Rockwell Automation

A number of hedge funds have recently modified their holdings of ROK. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Rockwell Automation by 468.8% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after buying an additional 75 shares in the last quarter. Rexford Capital Inc. bought a new stake in Rockwell Automation during the second quarter valued at about $33,000. Ameriflex Group Inc. raised its holdings in Rockwell Automation by 100.0% during the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 50 shares during the period. SBI Securities Co. Ltd. lifted its position in shares of Rockwell Automation by 48.7% in the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 38 shares in the last quarter. Finally, Legend Financial Advisors Inc. bought a new position in shares of Rockwell Automation in the second quarter worth about $39,000. 75.75% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on ROK shares. KeyCorp raised their target price on Rockwell Automation from $370.00 to $380.00 and gave the stock an “overweight” rating in a research report on Thursday, August 7th. Barclays raised their price objective on shares of Rockwell Automation from $417.00 to $435.00 and gave the stock an “overweight” rating in a report on Thursday. Wells Fargo & Company upped their target price on shares of Rockwell Automation from $355.00 to $380.00 and gave the company an “equal weight” rating in a report on Friday, November 7th. Wall Street Zen upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. Finally, JPMorgan Chase & Co. upped their price objective on Rockwell Automation from $357.00 to $400.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Rockwell Automation currently has a consensus rating of “Moderate Buy” and a consensus price target of $372.56.

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.