Insider Selling: Rockwell Automation (NYSE:ROK) SVP Sells 476 Shares of Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Matheus De Viera Bulho sold 476 shares of the firm’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.02, for a total transaction of $191,361.52. Following the sale, the senior vice president directly owned 2,401 shares of the company’s stock, valued at approximately $965,250.02. The trade was a 16.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Rockwell Automation Stock Up 2.4%

NYSE:ROK traded up $9.48 on Wednesday, reaching $410.09. The stock had a trading volume of 932,398 shares, compared to its average volume of 1,009,787. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. The company has a 50-day moving average of $370.46 and a 200 day moving average of $349.75. The stock has a market cap of $46.04 billion, a P/E ratio of 53.54, a price-to-earnings-growth ratio of 2.69 and a beta of 1.50. Rockwell Automation, Inc. has a 12-month low of $215.00 and a 12-month 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, topping analysts’ consensus estimates of $2.94 by $0.40. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The business had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. During the same period in the previous year, the company earned $2.47 earnings per share. The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, research analysts predict that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, November 17th. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio is currently 72.06%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Norges Bank acquired a new stake in Rockwell Automation during the second quarter worth about $368,575,000. Holocene Advisors LP grew its holdings in shares of Rockwell Automation by 128.9% during the second quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock valued at $287,989,000 after purchasing an additional 488,262 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Rockwell Automation by 122.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 819,708 shares of the industrial products company’s stock worth $286,522,000 after purchasing an additional 451,038 shares during the period. Robeco Institutional Asset Management B.V. raised its position in shares of Rockwell Automation by 720.8% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 399,309 shares of the industrial products company’s stock worth $132,638,000 after purchasing an additional 350,662 shares during the period. Finally, Ontario Teachers Pension Plan Board lifted its holdings in shares of Rockwell Automation by 7,730.3% in the 2nd quarter. Ontario Teachers Pension Plan Board now owns 354,792 shares of the industrial products company’s stock worth $117,851,000 after purchasing an additional 350,261 shares during the last quarter. 75.75% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on ROK shares. Wall Street Zen raised shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Sunday, September 21st. TD Cowen increased their price objective on shares of Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a research note on Tuesday, December 2nd. Bank of America boosted their target price on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Jefferies Financial Group upped their target price on shares of Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. lifted their price target on Rockwell Automation from $357.00 to $400.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $388.13.

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.