Rockwell Automation, Inc. (NYSE:ROK) Director Lawrence D. Kingsley sold 275 shares of the stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $166.24, for a total transaction of $45,716.00. Following the completion of the sale, the director now owns 5,421 shares of the company’s stock, valued at approximately $901,187.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Rockwell Automation, Inc. (ROK) opened at $187.68 on Wednesday. Rockwell Automation, Inc. has a one year low of $133.61 and a one year high of $210.72. The company has a quick ratio of 1.80, a current ratio of 2.06 and a debt-to-equity ratio of 0.47. The stock has a market cap of $24,515.78, a P/E ratio of 28.26, a PEG ratio of 2.14 and a beta of 1.23.

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

The business also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Monday, November 13th will be issued a $0.835 dividend. The ex-dividend date is Friday, November 10th. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.78%. This is a positive change from Rockwell Automation’s previous quarterly dividend of $0.76. Rockwell Automation’s dividend payout ratio (DPR) is currently 52.68%.

Several institutional investors have recently modified their holdings of the stock. BlackRock Inc. increased its holdings in shares of Rockwell Automation by 7.5% in the second quarter. BlackRock Inc. now owns 9,698,308 shares of the industrial products company’s stock valued at $1,570,735,000 after purchasing an additional 679,645 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Rockwell Automation by 3.2% in the second quarter. Vanguard Group Inc. now owns 8,769,308 shares of the industrial products company’s stock valued at $1,420,278,000 after purchasing an additional 268,101 shares in the last quarter. Lazard Asset Management LLC increased its holdings in shares of Rockwell Automation by 0.5% in the second quarter. Lazard Asset Management LLC now owns 2,308,357 shares of the industrial products company’s stock valued at $373,861,000 after purchasing an additional 11,384 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Rockwell Automation by 47.2% in the third quarter. Ameriprise Financial Inc. now owns 1,558,748 shares of the industrial products company’s stock valued at $277,788,000 after purchasing an additional 499,745 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of Rockwell Automation by 12.8% in the third quarter. Wells Fargo & Company MN now owns 1,509,470 shares of the industrial products company’s stock valued at $269,003,000 after purchasing an additional 171,598 shares in the last quarter. 73.04% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have commented on the stock. cut shares of Rockwell Automation from a “hold” rating to a “reduce” rating in a research note on Thursday, November 2nd. J P Morgan Chase & Co assumed coverage on shares of Rockwell Automation in a research note on Wednesday, November 29th. They set a “neutral” rating for the company. Wolfe Research upgraded shares of Rockwell Automation from a “market perform” rating to an “outperform” rating in a research note on Monday, November 20th. Oppenheimer restated a “hold” rating on shares of Rockwell Automation in a research note on Monday, November 20th. Finally, Zacks Investment Research cut shares of Rockwell Automation from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $165.00.

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About Rockwell Automation

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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