Rockwell Automation (NYSE:ROK) VP Terry Riesterer Sells 4,024 Shares

Rockwell Automation, Inc. (NYSE:ROKGet Free Report) VP Terry Riesterer sold 4,024 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $451.97, for a total value of $1,818,727.28. Following the completion of the transaction, the vice president directly owned 134 shares in the company, valued at approximately $60,563.98. The trade was a 96.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Rockwell Automation Price 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 stock’s fifty day moving average price is $386.73 and its 200 day moving average price is $392.01. Rockwell Automation, Inc. has a 1 year low of $290.14 and a 1 year high of $463.48. The company has a market cap of $50.42 billion, a price-to-earnings ratio of 47.11, a PEG ratio of 2.87 and a beta of 1.56.

Rockwell Automation (NYSE:ROKGet Free Report) last released its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $2.16 billion. During the same period in the prior year, the firm earned $2.45 EPS. The firm’s revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. As a group, equities research analysts forecast that Rockwell Automation, Inc. will post 13.02 earnings per share for the current year.

Rockwell Automation Dividend Announcement

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ROK. MV Capital Management Inc. acquired a new stake in shares of Rockwell Automation during the 4th quarter valued at about $28,000. Manchester Capital Management LLC grew its position in shares of Rockwell Automation by 97.5% during the 4th quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 39 shares during the period. First Horizon Corp acquired a new stake in shares of Rockwell Automation during the 4th quarter valued at about $32,000. BOK Financial Private Wealth Inc. acquired a new stake in shares of Rockwell Automation during the 4th quarter valued at about $33,000. Finally, TD Capital Management LLC acquired a new stake in shares of Rockwell Automation during the 4th quarter valued at about $33,000. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Rockwell Automation

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Analyst Ratings Changes

Several equities analysts recently issued reports on ROK shares. Morgan Stanley reissued an “overweight” rating and issued a $525.00 target price on shares of Rockwell Automation in a research report on Wednesday. Rothschild & Co Redburn upped their target price on Rockwell Automation from $365.00 to $378.00 in a research report on Wednesday. Zacks Research downgraded Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. HSBC increased their price target on Rockwell Automation from $445.00 to $490.00 in a research report on Wednesday. Finally, Wells Fargo & Company upped their target price on Rockwell Automation from $360.00 to $440.00 and gave the stock an “equal weight” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, Rockwell Automation has a consensus rating of “Moderate Buy” and a consensus price target of $438.70.

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Rockwell Automation Company Profile

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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.

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

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