Rockwell Automation (NYSE:ROK) SVP Matheus De Viera Bulho Sells 467 Shares of Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Matheus De Viera Bulho sold 467 shares of the firm’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $426.96, for a total transaction of $199,390.32. Following the completion of the transaction, the senior vice president directly owned 1,267 shares of the company’s stock, valued at approximately $540,958.32. This trade represents a 26.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rockwell Automation Stock Up 1.8%

ROK stock traded up $7.54 during midday trading on Wednesday, hitting $425.07. The company’s stock had a trading volume of 704,469 shares, compared to its average volume of 871,202. The company’s fifty day moving average price is $456.46 and its 200 day moving average price is $427.59. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.08 and a quick ratio of 0.74. Rockwell Automation, Inc. has a twelve month low of $332.71 and a twelve month high of $497.36. The stock has a market capitalization of $47.20 billion, a P/E ratio of 39.84, a PEG ratio of 2.48 and a beta of 1.52.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $3.49 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.11. The company had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. The company’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the business posted $2.82 EPS. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. As a group, equities research analysts predict that Rockwell Automation, Inc. will post 13.21 EPS for the current year.

Rockwell Automation Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $5.52 annualized dividend and a yield of 1.3%. Rockwell Automation’s dividend payout ratio is 51.73%.

Rockwell Automation declared that its Board of Directors has approved a stock repurchase plan on Tuesday, June 9th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the industrial products company to purchase up to 2% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its stock is undervalued.

Institutional Trading of Rockwell Automation

Institutional investors and hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System boosted its stake in shares of Rockwell Automation by 50,536.8% during the 2nd quarter. California State Teachers Retirement System now owns 84,037,850 shares of the industrial products company’s stock worth $41,605,459,000 after acquiring an additional 83,871,888 shares during the period. BlackRock Inc. bought a new stake in Rockwell Automation in the 2nd quarter valued at $6,129,376,000. State Street Corp raised its stake in Rockwell Automation by 4.2% in the 4th quarter. State Street Corp now owns 4,996,130 shares of the industrial products company’s stock valued at $1,943,844,000 after acquiring an additional 202,705 shares during the period. Geode Capital Management LLC lifted its holdings in Rockwell Automation by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 2,924,501 shares of the industrial products company’s stock valued at $1,133,397,000 after purchasing an additional 17,855 shares during the last quarter. Finally, Morgan Stanley lifted its holdings in Rockwell Automation by 10.4% during the 4th quarter. Morgan Stanley now owns 2,921,840 shares of the industrial products company’s stock valued at $1,136,801,000 after purchasing an additional 276,021 shares during the last quarter. Institutional investors own 75.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on ROK shares. BNP Paribas Exane upped their price objective on Rockwell Automation from $495.00 to $515.00 in a research note on Wednesday, May 6th. Evercore set a $485.00 target price on shares of Rockwell Automation in a research note on Wednesday, August 5th. Argus boosted their target price on shares of Rockwell Automation from $465.00 to $530.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Zacks Research lowered shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 30th. Finally, Citigroup cut their price target on shares of Rockwell Automation from $555.00 to $536.00 and set a “buy” rating for the company in a research note on Wednesday, August 5th. Nine investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat.com, Rockwell Automation currently has an average rating of “Hold” and an average price target of $469.14.

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.