Rockwell Automation (NYSE:ROK) Stock: Insider Isaac Woods Sells 500 Shares

Rockwell Automation, Inc. (NYSE:ROK) VP Isaac Woods sold 500 shares of the stock in a transaction that occurred on Thursday, November 12th. The stock was sold at an average price of $402.61, for a total transaction of $201,305.00. Following the completion of the sale, the vice president owned 1,358 shares in the company, valued at $546,744.38. This represents a 26.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Isaac Woods also recently made the following trade(s):

• On Tuesday, September 8th, Isaac Woods sold 154 shares of Rockwell Automation stock. The shares were sold at an average price of $432.62, for a total transaction of $66,623.48.

Rockwell Automation Price Performance

Shares of ROK traded down $1.67 during mid-day trading on Friday, reaching $402.53. 913,260 shares of the stock traded hands, compared to its average volume of 1,074,089. The company has a market cap of $44.70 billion, a price-to-earnings ratio of 32.07, a price-to-earnings-growth ratio of 2.83 and a beta of 1.51. Rockwell Automation, Inc. has a 1 year low of $347.53 and a 1 year high of $497.36. The firm has a fifty day moving average price of $426.86 and a 200 day moving average price of $426.80. The company has a current ratio of 2.11, a quick ratio of 1.35 and a debt-to-equity ratio of 0.72.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data on Thursday, November 5th. The industrial products company reported $3.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.69 by $0.19. The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.41 billion. Rockwell Automation had a return on equity of 41.79% and a net margin of 15.68%. The firm’s revenue was up .7% compared to the same quarter last year. During the same quarter last year, the business posted $3.34 earnings per share. Rockwell Automation has set its FY 2027 guidance at 14.500-15.500 EPS. As a group, equities research analysts predict that Rockwell Automation, Inc. will post 14.95 earnings per share for the current year.

Rockwell Automation Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Monday, November 16th will be given a dividend of $1.45 per share. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.38. The ex-dividend date is Monday, November 16th. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.4%. Rockwell Automation’s dividend payout ratio is 43.98%.

Analysts Set New Price Targets

Several research analysts recently weighed in on ROK shares. Wells Fargo & Company began coverage on shares of Rockwell Automation in a research report on Thursday, September 24th. They issued an “equal weight” rating and a $426.00 price objective on the stock. Zacks Research lowered shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 30th. Citigroup dropped their target price on shares of Rockwell Automation from $536.00 to $504.00 and set a “buy” rating for the company in a research report on Friday, November 6th. DA Davidson cut their price target on shares of Rockwell Automation from $500.00 to $490.00 and set a “neutral” rating for the company in a research note on Friday, August 21st. Finally, Deutsche Bank increased their price target on shares of Rockwell Automation from $469.00 to $500.00 and gave the stock a “hold” rating in a report on Wednesday, September 30th. Nine research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $471.33.

Institutional Investors Weigh In On Rockwell Automation

Hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Rockwell Automation during the 2nd quarter valued at about $6,129,376,000. State Street Corp raised its holdings in shares of Rockwell Automation by 0.4% during the 3rd quarter. State Street Corp now owns 5,343,300 shares of the industrial products company’s stock valued at $2,326,099,000 after buying an additional 19,310 shares in the last quarter. Fisher Asset Management LLC raised its holdings in shares of Rockwell Automation by 6.6% during the 3rd quarter. Fisher Asset Management LLC now owns 1,022,866 shares of the industrial products company’s stock valued at $445,284,000 after buying an additional 63,435 shares in the last quarter. Amundi lifted its position in Rockwell Automation by 13.5% in the 1st quarter. Amundi now owns 998,374 shares of the industrial products company’s stock worth $358,296,000 after buying an additional 118,474 shares during the last quarter. Finally, Legal & General Group Plc bought a new stake in Rockwell Automation in the 2nd quarter worth approximately $394,905,000. Institutional investors own 75.75% of the company’s stock.

More Rockwell Automation News

Here’s some of the latest news about ROK:

• Positive Sentiment: Rockwell introduced LogixEdge, an industrial PC-based controller combining Logix control, edge computing and containerized applications. The platform is designed to simplify factory systems and support software-defined automation, creating a new product opportunity, though financial impact is not yet known. Article: Rockwell Automation Introduces LogixEdge Controllers
• Positive Sentiment: Technology partner Laminar will bring real-time fluid monitoring capabilities to Rockwell customers, with a focus on improving manufacturers’ cleaning and product-changeover processes. The collaboration may strengthen Rockwell’s automation offering and help customers improve efficiency and resource use. Article: Laminar Joins Rockwell Automation PartnerNetwork
• Negative Sentiment: ETFs were reported as net sellers of ROK shares on Nov. 11. This may add some flow-related pressure, although ETF activity alone does not indicate a change in the company’s fundamentals. Article: ETFs Are Net Sellers of Rockwell Automation

Rockwell Automation Company Profile

Rockwell Automation, Inc. is an industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. Its roots date to 1903, when it was founded as the Compression Rheostat Company. The company provides hardware, software and services that help manufacturers automate and manage industrial operations. Its offerings include control systems, sensors, motor-control products, industrial software and services for optimizing production and maintaining equipment. Its Allen-Bradley and FactoryTalk brands are among its best-known product lines.