Insider Selling: Rockwell Automation (NYSE:ROK) SVP Sells 198 Shares of Stock

Rockwell Automation, Inc. (NYSE:ROK) SVP Cyril Perducat sold 198 shares of the company’s stock in a transaction on Friday, April 10th. The shares were sold at an average price of $395.00, for a total value of $78,210.00. Following the completion of the sale, the senior vice president owned 6,241 shares of the company’s stock, valued at approximately $2,465,195. The trade was a 3.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 Trading Up 2.9%

Shares of NYSE ROK traded up $11.62 during trading on Monday, hitting $407.62. 780,025 shares of the company were exchanged, compared to its average volume of 980,997. The company has a fifty day moving average price of $383.64 and a 200-day moving average price of $383.82. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.80 and a current ratio of 1.16. The firm has a market capitalization of $45.80 billion, a PE ratio of 46.64, a P/E/G ratio of 2.83 and a beta of 1.54. Rockwell Automation, Inc. has a 12-month low of $222.06 and a 12-month high of $438.72.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.46 by $0.29. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The firm had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.08 billion. During the same quarter in the prior year, the firm posted $1.83 earnings per share. Rockwell Automation’s quarterly revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, equities research analysts expect that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Monday, February 23rd were issued a $1.38 dividend. The ex-dividend date was Monday, February 23rd. This represents a $5.52 dividend on an annualized basis and a yield of 1.4%. Rockwell Automation’s dividend payout ratio is currently 63.16%.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Evercore assumed coverage on Rockwell Automation in a research report on Monday, December 15th. They issued an “in-line” rating and a $440.00 target price on the stock. Weiss Ratings raised Rockwell Automation from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, March 25th. TD Cowen boosted their price objective on shares of Rockwell Automation from $330.00 to $350.00 and gave the company a “hold” rating in a report on Friday, February 20th. Oppenheimer cut shares of Rockwell Automation from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 20th. Finally, The Goldman Sachs Group dropped their price target on shares of Rockwell Automation from $458.00 to $448.00 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $406.67.

Hedge Funds Weigh In On Rockwell Automation

Hedge funds have recently bought and sold shares of the company. MV Capital Management Inc. acquired a new position in Rockwell Automation in the 4th quarter valued at about $28,000. Manchester Capital Management LLC boosted its stake in shares of Rockwell Automation by 97.5% in the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 39 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Rockwell Automation by 468.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 75 shares during the period. First Horizon Corp acquired a new position in shares of Rockwell Automation in the fourth quarter valued at approximately $32,000. Finally, Rexford Capital Inc. acquired a new stake in Rockwell Automation during the 2nd quarter worth approximately $33,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

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.