Matthew Fordenwalt Sells 377 Shares of Rockwell Automation (NYSE:ROK) Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Matthew Fordenwalt sold 377 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $460.51, for a total value of $173,612.27. Following the completion of the transaction, the senior vice president directly owned 4,437 shares in the company, valued at approximately $2,043,282.87. This represents a 7.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rockwell Automation Stock Performance

Shares of NYSE ROK opened at $446.48 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76. The stock’s fifty day moving average price is $418.83 and its two-hundred day moving average price is $404.04. Rockwell Automation, Inc. has a one year low of $305.44 and a one year high of $468.11. The firm has a market cap of $49.68 billion, a price-to-earnings ratio of 46.41, a P/E/G ratio of 2.96 and a beta of 1.57.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, beating analysts’ consensus estimates of $2.88 by $0.42. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The firm had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.16 billion. During the same period in the prior year, the firm posted $2.45 EPS. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, equities analysts forecast that Rockwell Automation, Inc. will post 13.01 EPS for the current year.

Rockwell Automation Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Monday, May 18th will be issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, May 18th. Rockwell Automation’s dividend payout ratio is currently 57.38%.

Analyst Ratings Changes

Several analysts have recently issued reports on ROK shares. Wall Street Zen lowered Rockwell Automation from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. HSBC increased their target price on Rockwell Automation from $445.00 to $490.00 in a report on Wednesday, May 6th. Mizuho set a $445.00 target price on Rockwell Automation in a report on Wednesday, May 6th. Evercore increased their target price on Rockwell Automation from $440.00 to $480.00 in a report on Wednesday, May 6th. Finally, Morgan Stanley reissued an “overweight” rating and set a $525.00 target price on shares of Rockwell Automation in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, Rockwell Automation has a consensus rating of “Moderate Buy” and an average target price of $449.16.

Institutional Trading of Rockwell Automation

Several large investors have recently bought and sold shares of ROK. Norges Bank acquired a new stake in Rockwell Automation in the fourth quarter valued at about $615,596,000. Northwestern Mutual Wealth Management Co. boosted its stake in Rockwell Automation by 5,925.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 906,192 shares of the industrial products company’s stock valued at $352,572,000 after buying an additional 891,153 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Rockwell Automation by 122.3% in the third quarter. JPMorgan Chase & Co. now owns 819,708 shares of the industrial products company’s stock valued at $286,522,000 after buying an additional 451,038 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in Rockwell Automation in the fourth quarter valued at about $156,017,000. Finally, Invesco Ltd. boosted its stake in Rockwell Automation by 25.0% in the fourth quarter. Invesco Ltd. now owns 1,545,104 shares of the industrial products company’s stock valued at $601,154,000 after buying an additional 309,316 shares in the last quarter. 75.75% of the stock is owned by institutional investors and hedge funds.

About Rockwell Automation

Rockwell Automation is a global industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. The firm designs, manufactures and supports control systems, industrial control hardware and software, and related services that help manufacturers and industrial operators automate processes, improve productivity and enable data-driven decision making. Rockwell traces its heritage to the Allen-Bradley and Rockwell automation businesses and positions itself as a provider of integrated automation solutions across discrete and process industries.

The company’s product portfolio includes programmable logic controllers (PLCs), human-machine interfaces (HMIs), variable frequency drives, sensors, safety components and other industrial control hardware, often marketed under the Allen-Bradley brand.