Rockwell Automation (NYSE:ROK) SVP Sells $173,612.27 in Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Matthew Fordenwalt sold 377 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $460.51, for a total transaction of $173,612.27. Following the completion of the transaction, the senior vice president directly owned 4,437 shares of the company’s stock, valued at approximately $2,043,282.87. This trade represents a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a filing 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 Price Performance

Shares of ROK stock traded up $0.89 on Thursday, reaching $462.62. The company’s stock had a trading volume of 445,106 shares, compared to its average volume of 900,995. The stock’s fifty day simple moving average is $415.09 and its 200-day simple moving average is $403.13. Rockwell Automation, Inc. has a 1 year low of $305.44 and a 1 year high of $468.11. The company has a current ratio of 1.09, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $51.48 billion, a price-to-earnings ratio of 48.09, a price-to-earnings-growth ratio of 2.97 and a beta of 1.57.

Rockwell Automation (NYSE:ROK) last posted its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, beating analysts’ consensus estimates of $2.88 by $0.42. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The firm had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.16 billion. During the same period last year, the firm posted $2.45 earnings per share. Rockwell Automation’s revenue for the quarter was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. Analysts forecast that Rockwell Automation, Inc. will post 13.01 earnings per share for the current fiscal year.

Rockwell Automation Announces Dividend

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

Institutional Trading of Rockwell Automation

Institutional investors and hedge funds have recently made changes to their positions in the business. MV Capital Management Inc. bought a new stake in shares of Rockwell Automation during the fourth quarter worth $28,000. Manchester Capital Management LLC lifted its position in shares of Rockwell Automation by 97.5% during the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 39 shares during the last quarter. First Horizon Corp bought a new stake in shares of Rockwell Automation during the fourth quarter worth $32,000. BOK Financial Private Wealth Inc. bought a new stake in shares of Rockwell Automation during the fourth quarter worth $33,000. Finally, TD Capital Management LLC bought a new stake in shares of Rockwell Automation during the fourth quarter worth $33,000. 75.75% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ROK has been the subject of a number of analyst reports. HSBC raised their price target on Rockwell Automation from $445.00 to $490.00 in a research report on Wednesday, May 6th. KeyCorp raised their price target on Rockwell Automation from $470.00 to $510.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Weiss Ratings upgraded Rockwell Automation from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, March 25th. Evercore raised their price target on Rockwell Automation from $440.00 to $480.00 in a research report on Wednesday, May 6th. Finally, Morgan Stanley restated an “overweight” rating and issued a $525.00 price target on shares of Rockwell Automation in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, Rockwell Automation has an average rating of “Moderate Buy” and an average price target of $449.16.

About Rockwell Automation

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.