Rockwell Automation (NYSE:ROK) VP Terry Riesterer Sells 800 Shares

Rockwell Automation, Inc. (NYSE:ROK) VP Terry Riesterer sold 800 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $392.00, for a total value of $313,600.00. Following the transaction, the vice president owned 1,234 shares of the company’s stock, valued at approximately $483,728. This trade represents a 39.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Rockwell Automation Price Performance

Shares of NYSE:ROK opened at $404.81 on Tuesday. The company has a market capitalization of $45.45 billion, a P/E ratio of 52.85, a P/E/G ratio of 2.67 and a beta of 1.52. Rockwell Automation, Inc. has a 1-year low of $215.00 and a 1-year high of $415.89. The firm’s 50 day simple moving average is $388.15 and its two-hundred day simple moving average is $359.95. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $2.19 billion. During the same period in the prior year, the company posted $2.47 earnings per share. The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Research analysts expect that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were given a $1.38 dividend. The ex-dividend date was Monday, November 17th. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. Rockwell Automation’s dividend payout ratio (DPR) is presently 72.06%.

Wall Street Analysts Forecast Growth

ROK has been the topic of a number of research analyst reports. Zacks Research raised Rockwell Automation from a “hold” rating to a “strong-buy” rating in a report on Friday, December 12th. Morgan Stanley lifted their price objective on shares of Rockwell Automation from $385.00 to $435.00 and gave the company an “overweight” rating in a research report on Monday, November 10th. The Goldman Sachs Group raised shares of Rockwell Automation from a “sell” rating to a “neutral” rating and boosted their target price for the stock from $329.00 to $448.00 in a report on Tuesday, December 16th. Citigroup raised their target price on shares of Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a research note on Monday, December 8th. Finally, Jefferies Financial Group raised their target price on shares of Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, Rockwell Automation currently has an average rating of “Moderate Buy” and a consensus target price of $403.31.

Institutional Investors Weigh In On Rockwell Automation

A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Rockwell Automation by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 14,058,406 shares of the industrial products company’s stock valued at $4,669,781,000 after acquiring an additional 207,448 shares during the last quarter. State Street Corp lifted its position in shares of Rockwell Automation by 0.9% during the third quarter. State Street Corp now owns 4,793,425 shares of the industrial products company’s stock worth $1,675,446,000 after purchasing an additional 42,809 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Rockwell Automation by 1.7% during the second quarter. Geode Capital Management LLC now owns 2,874,428 shares of the industrial products company’s stock valued at $950,744,000 after purchasing an additional 48,105 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Rockwell Automation by 11.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,819,379 shares of the industrial products company’s stock valued at $470,091,000 after purchasing an additional 191,370 shares during the period. Finally, Northern Trust Corp grew its holdings in shares of Rockwell Automation by 3.6% in the third quarter. Northern Trust Corp now owns 1,423,449 shares of the industrial products company’s stock worth $497,538,000 after purchasing an additional 49,477 shares during the last quarter. Hedge funds and other institutional investors 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.