Terry Riesterer Sells 60 Shares of Rockwell Automation (NYSE:ROK) Stock

Rockwell Automation, Inc. (NYSE:ROK) VP Terry Riesterer sold 60 shares of Rockwell Automation stock in a transaction on Friday, December 5th. The stock was sold at an average price of $402.89, for a total transaction of $24,173.40. Following the sale, the vice president owned 1,837 shares in the company, valued at $740,108.93. This represents a 3.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Rockwell Automation Price Performance

NYSE:ROK traded down $0.02 during mid-day trading on Friday, hitting $403.87. The company’s stock had a trading volume of 780,201 shares, compared to its average volume of 1,097,298. The company has a market capitalization 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 company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $406.44. The stock has a fifty day moving average of $365.86 and a 200-day moving average of $346.71.

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

Rockwell Automation Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th will be paid a $1.38 dividend. The ex-dividend date is Monday, November 17th. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio is presently 72.06%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on ROK shares. Wall Street Zen upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Sunday, September 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Rockwell Automation in a report on Monday. Oppenheimer reissued an “outperform” rating and issued a $391.00 target price on shares of Rockwell Automation in a report on Friday, November 7th. Barclays increased their price target on Rockwell Automation from $417.00 to $435.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Bank of America lifted their price objective on Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Rockwell Automation currently has a consensus rating of “Moderate Buy” and a consensus target price of $372.56.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Capital Investment Advisors LLC grew its position in shares of Rockwell Automation by 5.7% during the 2nd quarter. Capital Investment Advisors LLC now owns 2,192 shares of the industrial products company’s stock worth $728,000 after purchasing an additional 119 shares in the last quarter. Patton Fund Management Inc. acquired a new stake in Rockwell Automation during the second quarter worth approximately $294,000. Brighton Jones LLC acquired a new stake in Rockwell Automation during the fourth quarter worth approximately $281,000. Integrity Alliance LLC. bought a new position in Rockwell Automation during the 1st quarter worth $293,000. Finally, Schroder Investment Management Group raised its holdings in Rockwell Automation by 796.0% in the 2nd quarter. Schroder Investment Management Group now owns 97,367 shares of the industrial products company’s stock valued at $32,342,000 after acquiring an additional 86,500 shares in the last quarter. Institutional investors own 75.75% of the company’s stock.

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.