Cyril Perducat Sells 139 Shares of Rockwell Automation (NYSE:ROK) Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Cyril Perducat sold 139 shares of Rockwell Automation stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $402.91, for a total value of $56,004.49. Following the completion of the transaction, the senior vice president owned 4,651 shares of the company’s stock, valued at approximately $1,873,934.41. This represents a 2.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Rockwell Automation Price Performance

ROK stock traded down $0.02 during mid-day trading on Friday, reaching $403.87. 780,201 shares of the company’s stock were exchanged, compared to its average volume of 1,097,298. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77. Rockwell Automation, Inc. has a 12-month low of $215.00 and a 12-month high of $406.44. The stock’s 50 day moving average is $365.86 and its 200 day moving average is $346.71. The company has a market cap of $45.34 billion, a price-to-earnings ratio of 52.73, a price-to-earnings-growth ratio of 2.71 and a beta of 1.50.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $2.19 billion. During the same period in the prior year, the company posted $2.47 EPS. The business’s quarterly revenue was up 13.8% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, research analysts expect that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be issued a dividend of $1.38 per share. 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. This represents a $5.52 annualized dividend and a yield of 1.4%. Rockwell Automation’s payout ratio is 72.06%.

Analysts Set New Price Targets

A number of research firms have recently commented on ROK. Oppenheimer reissued an “outperform” rating and set a $391.00 target price on shares of Rockwell Automation in a research note on Friday, November 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Rockwell Automation in a research note on Monday. JPMorgan Chase & Co. increased their target price on Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a report on Tuesday, November 11th. Robert W. Baird lifted their price target on Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Finally, Wall Street Zen upgraded Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Sunday, September 21st. One research 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 given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $372.56.

Institutional Investors Weigh In On Rockwell Automation

Hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Rockwell Automation by 1.5% during the second quarter. Vanguard Group Inc. now owns 14,058,406 shares of the industrial products company’s stock worth $4,669,781,000 after purchasing an additional 207,448 shares during the period. State Street Corp grew its stake in shares of Rockwell Automation by 0.9% in the 3rd quarter. State Street Corp now owns 4,793,425 shares of the industrial products company’s stock valued at $1,675,446,000 after buying an additional 42,809 shares during the period. Geode Capital Management LLC increased its holdings in shares of Rockwell Automation by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 2,874,428 shares of the industrial products company’s stock worth $950,744,000 after buying an additional 48,105 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Rockwell Automation by 11.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,819,379 shares of the industrial products company’s stock valued at $470,091,000 after buying an additional 191,370 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Rockwell Automation by 0.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,579,956 shares of the industrial products company’s stock valued at $408,229,000 after acquiring an additional 9,920 shares during the last quarter. Hedge funds and other 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.