Rockwell Automation (NYSE:ROK) VP Isaac Woods Sells 154 Shares

Rockwell Automation, Inc. (NYSE:ROK) VP Isaac Woods sold 154 shares of Rockwell Automation stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $432.62, for a total value of $66,623.48. Following the sale, the vice president directly owned 1,858 shares of the company’s stock, valued at approximately $803,807.96. This represents a 7.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Rockwell Automation Stock Down 0.6%

Shares of ROK stock opened at $426.73 on Thursday. Rockwell Automation, Inc. has a fifty-two week low of $332.71 and a fifty-two week high of $497.36. The firm has a market capitalization of $47.39 billion, a PE ratio of 39.99, a P/E/G ratio of 2.50 and a beta of 1.52. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 1.08. The stock’s 50-day simple moving average is $450.53 and its 200-day simple moving average is $429.20.

Rockwell Automation (NYSE:ROK) last released its earnings results 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 firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%.The company’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.82 earnings per share. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Equities analysts expect that Rockwell Automation, Inc. will post 13.23 earnings per share for the current year.

Rockwell Automation declared that its board has initiated a share repurchase program on Tuesday, June 9th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the industrial products company to purchase up to 2% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

Hedge Funds Weigh In On Rockwell Automation

Several institutional investors have recently made changes to their positions in ROK. Bouchey Financial Group Ltd. purchased a new stake in Rockwell Automation during the second quarter worth $210,000. Sequoia Financial Advisors LLC increased its holdings in Rockwell Automation by 559.8% in the second quarter. Sequoia Financial Advisors LLC now owns 91,971 shares of the industrial products company’s stock valued at $45,533,000 after buying an additional 78,032 shares in the last quarter. Tidal Investments LLC increased its holdings in Rockwell Automation by 21.7% in the second quarter. Tidal Investments LLC now owns 58,206 shares of the industrial products company’s stock valued at $28,817,000 after buying an additional 10,372 shares in the last quarter. IPG Investment Advisors LLC acquired a new position in shares of Rockwell Automation in the second quarter worth about $2,352,000. Finally, MCF Advisors LLC raised its position in shares of Rockwell Automation by 0.8% in the second quarter. MCF Advisors LLC now owns 4,784 shares of the industrial products company’s stock worth $2,368,000 after acquiring an additional 40 shares during the period. 75.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on ROK. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Rockwell Automation in a report on Thursday, June 18th. Evercore set a $485.00 target price on shares of Rockwell Automation in a report on Wednesday, August 5th. Morgan Stanley boosted their target price on shares of Rockwell Automation from $525.00 to $545.00 and gave the company an “overweight” rating in a research report on Wednesday, September 2nd. TD Cowen upped their price target on shares of Rockwell Automation from $350.00 to $400.00 and gave the company a “hold” rating in a report on Wednesday, May 13th. Finally, Citigroup cut their price target on Rockwell Automation from $555.00 to $536.00 and set a “buy” rating on the stock in a research report on Wednesday, August 5th. Nine investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, Rockwell Automation currently has an average rating of “Hold” and an average target price of $469.14.

Rockwell Automation Company Profile

Rockwell Automation, Inc (NYSE: ROK) is a global provider of industrial automation and digital transformation technologies. The company helps manufacturers and other industrial organizations improve productivity, safety, quality and operational efficiency by connecting control systems, equipment, software and data across production environments.

Its portfolio includes programmable logic controllers, industrial computers, sensors, motor control and drives, motion-control systems, safety equipment, human-machine interfaces and industrial networking technologies.