Rockwell Automation (NYSE:ROK) Shares Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Rockwell Automation, Inc. (NYSE:ROK). In a filing disclosed on April 28th, the Representative disclosed that they had sold between $1,001 and $15,000 in Rockwell Automation stock on April 8th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of DexCom (NASDAQ:DXCM) on 4/8/2025.
  • Sold $1,001 – $15,000 in shares of Invesco (NYSE:IVZ) on 4/8/2025.
  • Sold $1,001 – $15,000 in shares of Generac (NYSE:GNRC) on 4/8/2025.
  • Sold $15,001 – $50,000 in shares of Occidental Petroleum (NYSE:OXY) on 4/8/2025.
  • Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 4/8/2025.
  • Sold $1,001 – $15,000 in shares of QUALCOMM (NASDAQ:QCOM) on 4/8/2025.
  • Sold $1,001 – $15,000 in shares of Best Buy (NYSE:BBY) on 4/8/2025.
  • Sold $1,001 – $15,000 in shares of EOG Resources (NYSE:EOG) on 4/8/2025.
  • Sold $1,001 – $15,000 in shares of CSX (NASDAQ:CSX) on 4/8/2025.
  • Sold $1,001 – $15,000 in shares of Valero Energy (NYSE:VLO) on 4/8/2025.

Rockwell Automation Price Performance

Shares of ROK opened at $247.63 on Wednesday. The company has a market cap of $28.00 billion, a price-to-earnings ratio of 30.84, a PEG ratio of 3.53 and a beta of 1.39. Rockwell Automation, Inc. has a 1-year low of $215.00 and a 1-year high of $308.70. The company’s fifty day simple moving average is $254.98 and its 200 day simple moving average is $274.09. The company has a current ratio of 1.08, a quick ratio of 0.72 and a debt-to-equity ratio of 0.72.

Rockwell Automation (NYSE:ROKGet Free Report) last issued its earnings results on Monday, February 10th. The industrial products company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.61 by $0.22. Rockwell Automation had a net margin of 11.38% and a return on equity of 30.17%. On average, research analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Monday, May 19th will be issued a dividend of $1.31 per share. The ex-dividend date is Monday, May 19th. This represents a $5.24 dividend on an annualized basis and a yield of 2.12%. Rockwell Automation’s payout ratio is 65.26%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Robert W. Baird upped their price objective on shares of Rockwell Automation from $305.00 to $315.00 and gave the company an “outperform” rating in a report on Tuesday, February 11th. Barclays decreased their price objective on shares of Rockwell Automation from $280.00 to $260.00 and set an “equal weight” rating on the stock in a report on Thursday, April 10th. JPMorgan Chase & Co. decreased their price objective on shares of Rockwell Automation from $248.00 to $201.00 and set an “underweight” rating on the stock in a report on Tuesday, April 8th. Citigroup decreased their price objective on shares of Rockwell Automation from $350.00 to $283.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Finally, Morgan Stanley boosted their target price on shares of Rockwell Automation from $335.00 to $345.00 and gave the company an “overweight” rating in a research report on Wednesday, February 12th. Three research analysts have rated the stock with a sell rating, six have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $297.11.

Check Out Our Latest Stock Analysis on ROK

Insider Transactions at Rockwell Automation

In related news, VP Terry L. Riesterer sold 850 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $300.21, for a total value of $255,178.50. Following the transaction, the vice president now owns 1,633 shares in the company, valued at $490,242.93. The trade was a 34.23 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Matheus De A. G. Viera Bulho sold 293 shares of the business’s stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $257.68, for a total transaction of $75,500.24. Following the completion of the transaction, the senior vice president now owns 1,922 shares in the company, valued at approximately $495,260.96. The trade was a 13.23 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,750 shares of company stock worth $1,075,923. Company insiders own 0.68% of the company’s stock.

Hedge Funds Weigh In On Rockwell Automation

A number of hedge funds have recently modified their holdings of ROK. Norges Bank acquired a new position in shares of Rockwell Automation during the fourth quarter worth $284,177,000. GAMMA Investing LLC lifted its holdings in shares of Rockwell Automation by 29,844.4% during the first quarter. GAMMA Investing LLC now owns 702,794 shares of the industrial products company’s stock worth $181,588,000 after purchasing an additional 700,447 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Rockwell Automation by 85,513.1% during the fourth quarter. Wellington Management Group LLP now owns 675,487 shares of the industrial products company’s stock worth $193,047,000 after purchasing an additional 674,698 shares during the period. Alliancebernstein L.P. lifted its holdings in shares of Rockwell Automation by 102.3% during the fourth quarter. Alliancebernstein L.P. now owns 1,287,731 shares of the industrial products company’s stock worth $368,021,000 after purchasing an additional 651,116 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of Rockwell Automation by 6.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,115,280 shares of the industrial products company’s stock worth $2,033,476,000 after purchasing an additional 432,934 shares during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About Rockwell Automation

(Get Free Report)

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.

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