Insider Selling: Rockwell Automation (NYSE:ROK) SVP Sells $269,748.00 in Stock

Rockwell Automation, Inc. (NYSE:ROKGet Free Report) SVP Matthew Fordenwalt sold 600 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $449.58, for a total value of $269,748.00. Following the completion of the sale, the senior vice president directly owned 4,437 shares of the company’s stock, valued at $1,994,786.46. This represents a 11.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rockwell Automation Stock Performance

NYSE ROK opened at $453.17 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.80. The firm has a market capitalization of $50.42 billion, a price-to-earnings ratio of 47.11, a P/E/G ratio of 2.87 and a beta of 1.56. The company’s fifty day moving average is $386.73 and its two-hundred day moving average is $392.01. Rockwell Automation, Inc. has a 52-week low of $290.14 and a 52-week high of $463.48.

Rockwell Automation (NYSE:ROKGet Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.88 by $0.42. The company had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.16 billion. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The business’s quarterly revenue was up 11.9% on a year-over-year basis. During the same period last year, the business posted $2.45 EPS. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Equities research analysts forecast that Rockwell Automation, Inc. will post 13.02 EPS for the current year.

Rockwell Automation Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Monday, May 18th will be given a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, May 18th. Rockwell Automation’s dividend payout ratio (DPR) is currently 57.38%.

Key Stories Impacting Rockwell Automation

Here are the key news stories impacting Rockwell Automation this week:

Institutional Trading of Rockwell Automation

Several institutional investors have recently made changes to their positions in the business. Richards Merrill & Peterson Inc. boosted its position in shares of Rockwell Automation by 1.9% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 1,358 shares of the industrial products company’s stock valued at $487,000 after acquiring an additional 25 shares in the last quarter. Cidel Asset Management Inc. boosted its position in shares of Rockwell Automation by 4.6% during the 1st quarter. Cidel Asset Management Inc. now owns 574 shares of the industrial products company’s stock valued at $206,000 after acquiring an additional 25 shares in the last quarter. HBK Sorce Advisory LLC boosted its position in shares of Rockwell Automation by 0.7% during the 4th quarter. HBK Sorce Advisory LLC now owns 3,719 shares of the industrial products company’s stock valued at $1,544,000 after acquiring an additional 27 shares in the last quarter. Johnson Investment Counsel Inc. boosted its position in shares of Rockwell Automation by 1.9% during the 4th quarter. Johnson Investment Counsel Inc. now owns 1,412 shares of the industrial products company’s stock valued at $549,000 after acquiring an additional 27 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its position in shares of Rockwell Automation by 2.0% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 1,446 shares of the industrial products company’s stock valued at $563,000 after acquiring an additional 28 shares in the last quarter. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ROK has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their price target on shares of Rockwell Automation from $404.00 to $417.00 and gave the stock a “neutral” rating in a research report on Wednesday. HSBC raised their price target on shares of Rockwell Automation from $445.00 to $490.00 in a research report on Wednesday. Evercore raised their price target on shares of Rockwell Automation from $440.00 to $480.00 in a research report on Wednesday. Mizuho set a $445.00 price target on shares of Rockwell Automation in a research report on Wednesday. Finally, Wells Fargo & Company raised their price target on shares of Rockwell Automation from $360.00 to $440.00 and gave the stock an “equal weight” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, Rockwell Automation presently has a consensus rating of “Moderate Buy” and a consensus price target of $438.70.

Read Our Latest Stock Report on ROK

About Rockwell Automation

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Rockwell Automation (NYSE:ROK)

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