Rockwell Automation (NYSE:ROK) VP Scott Genereux Sells 267 Shares of Stock

Rockwell Automation, Inc. (NYSE:ROK) VP Scott Genereux sold 267 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $400.85, for a total transaction of $107,026.95. Following the completion of the sale, the vice president owned 2,883 shares in the company, valued at approximately $1,155,650.55. This trade represents a 8.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Scott Genereux also recently made the following trade(s):

• On Wednesday, December 10th, Scott Genereux sold 1,387 shares of Rockwell Automation stock. The shares were sold at an average price of $402.03, for a total value of $557,615.61.
• On Friday, December 5th, Scott Genereux sold 282 shares of Rockwell Automation stock. The shares were sold at an average price of $402.86, for a total value of $113,606.52.

Rockwell Automation Stock Performance

Shares of ROK traded up $9.48 during mid-day trading on Wednesday, hitting $410.09. The stock had a trading volume of 932,398 shares, compared to its average volume of 1,009,787. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $413.04. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. The company has a market cap of $46.04 billion, a PE ratio of 53.54, a PEG ratio of 2.69 and a beta of 1.50. The company’s fifty day simple moving average is $370.46 and its two-hundred day simple moving average is $349.75.

Rockwell Automation (NYSE:ROK) last posted its quarterly 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 business 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 business’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. On average, equities analysts expect that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th will be issued a $1.38 dividend. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend is Monday, November 17th. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. Rockwell Automation’s dividend payout ratio (DPR) is presently 72.06%.

Hedge Funds Weigh In On Rockwell Automation

Large investors have recently made changes to their positions in the business. Capital Investment Advisors LLC grew its position in Rockwell Automation by 5.7% in the second quarter. Capital Investment Advisors LLC now owns 2,192 shares of the industrial products company’s stock worth $728,000 after buying an additional 119 shares during the last quarter. Patton Fund Management Inc. acquired a new stake in shares of Rockwell Automation during the 2nd quarter valued at $294,000. Brighton Jones LLC acquired a new stake in shares of Rockwell Automation during the fourth quarter worth $281,000. Integrity Alliance LLC. acquired a new stake in shares of Rockwell Automation during the first quarter worth $293,000. Finally, Schroder Investment Management Group lifted its holdings in shares of Rockwell Automation by 796.0% during the second quarter. Schroder Investment Management Group now owns 97,367 shares of the industrial products company’s stock valued at $32,342,000 after purchasing an additional 86,500 shares during the last quarter. Institutional investors own 75.75% of the company’s stock.

Analysts Set New Price Targets

ROK has been the topic of several research reports. Barclays increased their price objective on shares of Rockwell Automation from $417.00 to $435.00 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Bank of America raised their price target on Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Weiss Ratings restated a “hold (c)” rating on shares of Rockwell Automation in a research report on Monday. Wells Fargo & Company increased their target price on Rockwell Automation from $355.00 to $380.00 and gave the stock an “equal weight” rating in a research report on Friday, November 7th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a report on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $388.13.

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.