Rockwell Automation, Inc. (NYSE:ROK) Director Lawrence D. Kingsley purchased 130 shares of the firm’s stock in a transaction on Wednesday, June 14th. The stock was acquired at an average cost of $115.99 per share, with a total value of $15,078.70. Following the transaction, the director now directly owns 5,421 shares in the company, valued at $628,781.79. The purchase was disclosed in a filing with the SEC, which is available at this link.

Rockwell Automation, Inc. (ROK) opened at $190.78 on Tuesday. The firm has a market cap of $24,474.66, a price-to-earnings ratio of 28.22, a PEG ratio of 2.14 and a beta of 1.23. The company has a quick ratio of 1.80, a current ratio of 2.06 and a debt-to-equity ratio of 0.47. Rockwell Automation, Inc. has a 52 week low of $133.61 and a 52 week high of $210.72.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Wednesday, November 8th. The industrial products company reported $1.69 earnings per share for the quarter, missing the consensus estimate of $1.72 by ($0.03). The firm had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Rockwell Automation had a net margin of 13.08% and a return on equity of 38.67%. Rockwell Automation’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.52 earnings per share. analysts anticipate that Rockwell Automation, Inc. will post 7.39 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Monday, November 13th will be paid a $0.835 dividend. The ex-dividend date is Friday, November 10th. This is an increase from Rockwell Automation’s previous quarterly dividend of $0.76. This represents a $3.34 annualized dividend and a dividend yield of 1.75%. Rockwell Automation’s dividend payout ratio is 52.68%.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. increased its holdings in shares of Rockwell Automation by 7.5% in the 2nd quarter. BlackRock Inc. now owns 9,698,308 shares of the industrial products company’s stock worth $1,570,735,000 after acquiring an additional 679,645 shares during the period. Vanguard Group Inc. grew its position in Rockwell Automation by 3.2% in the 2nd quarter. Vanguard Group Inc. now owns 8,769,308 shares of the industrial products company’s stock valued at $1,420,278,000 after buying an additional 268,101 shares in the last quarter. Lazard Asset Management LLC grew its position in Rockwell Automation by 0.5% in the 2nd quarter. Lazard Asset Management LLC now owns 2,308,357 shares of the industrial products company’s stock valued at $373,861,000 after buying an additional 11,384 shares in the last quarter. Ameriprise Financial Inc. grew its position in Rockwell Automation by 47.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,558,748 shares of the industrial products company’s stock valued at $277,788,000 after buying an additional 499,745 shares in the last quarter. Finally, Wells Fargo & Company MN grew its position in Rockwell Automation by 12.8% in the 3rd quarter. Wells Fargo & Company MN now owns 1,509,470 shares of the industrial products company’s stock valued at $269,003,000 after buying an additional 171,598 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Several brokerages recently commented on ROK. ValuEngine lowered shares of Rockwell Automation from a “buy” rating to a “hold” rating in a research note on Friday. J P Morgan Chase & Co started coverage on shares of Rockwell Automation in a research note on Wednesday, November 29th. They set a “neutral” rating on the stock. Oppenheimer restated a “hold” rating on shares of Rockwell Automation in a research note on Monday, November 20th. Wolfe Research upgraded shares of Rockwell Automation from a “market perform” rating to an “outperform” rating in a research note on Monday, November 20th. Finally, Zacks Investment Research downgraded shares of Rockwell Automation from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the company. Rockwell Automation has an average rating of “Hold” and an average price target of $165.00.

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Rockwell Automation Company Profile

Rockwell Automation, Inc (Rockwell Automation) is a provider of industrial automation power, control and information solutions for manufacturers. The Company operates through two segments: Architecture & Software and Control Products & Solutions. The Architecture & Software segment contains various hardware, software and communication components of the Company’s integrated control and information architecture capable of controlling the customer’s industrial processes and connecting with their manufacturing enterprise.

Insider Buying and Selling by Quarter for Rockwell Automation (NYSE:ROK)

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