Rockwell Automation (NYSE:ROK) SVP Christopher Nardecchia Sells 480 Shares

Rockwell Automation, Inc. (NYSE:ROK) SVP Christopher Nardecchia sold 480 shares of the stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $400.96, for a total transaction of $192,460.80. Following the sale, the senior vice president directly owned 13,637 shares of the company’s stock, valued at approximately $5,467,891.52. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Christopher Nardecchia also recently made the following trade(s):

• On Wednesday, December 10th, Christopher Nardecchia sold 612 shares of Rockwell Automation stock. The shares were sold at an average price of $402.09, for a total transaction of $246,079.08.
• On Friday, December 5th, Christopher Nardecchia sold 129 shares of Rockwell Automation stock. The stock was sold at an average price of $402.96, for a total value of $51,981.84.

Rockwell Automation Trading Up 2.6%

Shares of ROK opened at $410.97 on Thursday. The stock has a market capitalization of $46.14 billion, a PE ratio of 53.48, a P/E/G ratio of 2.69 and a beta of 1.50. The company’s fifty day moving average is $370.46 and its 200 day moving average is $349.75. 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, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $413.04.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.94 by $0.40. The firm had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The business’s revenue was up 13.8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Sell-side analysts expect that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 17th were issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.3%. The ex-dividend date was Monday, November 17th. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s payout ratio is currently 72.06%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ROK. Bank of America raised their target price on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Rockwell Automation in a research note on Monday. JPMorgan Chase & Co. upped their price objective on Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. Wall Street Zen upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. Finally, Citigroup boosted their price objective on shares of Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $390.33.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in Rockwell Automation by 1.5% in the second quarter. Vanguard Group Inc. now owns 14,058,406 shares of the industrial products company’s stock worth $4,669,781,000 after purchasing an additional 207,448 shares in the last quarter. State Street Corp boosted its holdings in shares of Rockwell Automation by 0.9% in the 3rd quarter. State Street Corp now owns 4,793,425 shares of the industrial products company’s stock valued at $1,675,446,000 after buying an additional 42,809 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Rockwell Automation by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 2,874,428 shares of the industrial products company’s stock worth $950,744,000 after acquiring an additional 48,105 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Rockwell Automation by 11.8% during 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 last quarter. Finally, Invesco Ltd. grew its holdings in Rockwell Automation by 2.2% in the first quarter. Invesco Ltd. now owns 1,448,160 shares of the industrial products company’s stock worth $374,176,000 after purchasing an additional 30,837 shares during the last quarter. 75.75% of the stock is owned by institutional investors.

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.