Insider Selling: Rockwell Automation (NYSE:ROK) VP Sells 267 Shares of Stock

Rockwell Automation, Inc. (NYSE:ROK) VP Scott Genereux sold 267 shares of the stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $400.85, for a total value of $107,026.95. Following the transaction, the vice president owned 2,883 shares in the company, valued at $1,155,650.55. This trade represents a 8.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Scott Genereux also recently made the following trade(s):

• On Wednesday, December 10th, Scott Genereux sold 1,387 shares of Rockwell Automation stock. The shares were sold at an average price of $402.03, for a total transaction of $557,615.61.
• On Friday, December 5th, Scott Genereux sold 282 shares of Rockwell Automation stock. The stock was sold at an average price of $402.86, for a total transaction of $113,606.52.

Rockwell Automation Trading Up 2.4%

Rockwell Automation stock traded up $9.48 during trading on Wednesday, reaching $410.09. The company had a trading volume of 932,398 shares, compared to its average volume of 1,009,787. Rockwell Automation, Inc. has a 12-month low of $215.00 and a 12-month high of $413.04. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.14. The stock’s 50 day moving average price is $370.46 and its two-hundred day moving average price is $349.75. The firm has a market capitalization of $46.04 billion, a price-to-earnings ratio of 53.54, a PEG ratio of 2.69 and a beta of 1.50.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $2.19 billion. During the same quarter last year, the business earned $2.47 EPS. Rockwell Automation’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. As a group, equities analysts expect that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders 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 1.3%. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend is Monday, November 17th. Rockwell Automation’s dividend payout ratio (DPR) is presently 72.06%.

Analyst Ratings Changes

ROK has been the topic of a number of research reports. Wall Street Zen upgraded Rockwell Automation from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. Morgan Stanley raised their price target on shares of Rockwell Automation from $385.00 to $435.00 and gave the company an “overweight” rating in a report on Monday, November 10th. Citigroup lifted their price target on shares of Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a research report on Monday. Barclays increased their price objective on shares of Rockwell Automation from $417.00 to $435.00 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a report on Tuesday, November 11th. One equities 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 assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $388.13.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. grew its holdings in 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 purchasing an additional 75 shares in the last quarter. Rexford Capital Inc. acquired a new stake in shares of Rockwell Automation during the second quarter valued at about $33,000. Ameriflex Group Inc. grew its stake in shares of 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 in the last quarter. Legend Financial Advisors Inc. purchased a new stake in shares of Rockwell Automation during the second quarter worth about $39,000. Finally, SBI Securities Co. Ltd. lifted its stake 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 worth $39,000 after acquiring an additional 38 shares in the last quarter. 75.75% of the stock is owned by institutional investors and hedge funds.

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.