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Rockwell Automation (NYSE:ROK) Director William T. Jr/Wi Mccormick unloaded 1,500 shares of the stock on the open market in a transaction dated Monday, August 18th. The stock was sold at an average price of $115.62, for a total value of $173,430.00. Following the sale, the director now directly owns 11,032 shares of the company’s stock, valued at approximately $1,275,520. The sale was disclosed in a legal filing with the SEC, which is available at this link.

A number of research firms have recently commented on ROK. Analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Rockwell Automation in a research note on Tuesday, August 5th. They now have a $119.00 price target on the stock, down previously from $120.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Rockwell Automation in a research note on Thursday, July 31st. They now have a $119.00 price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Rockwell Automation in a research note on Wednesday, July 23rd. They now have a $84.00 price target on the stock, down previously from $88.00. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $118.70.

Shares of Rockwell Automation (NYSE:ROK) traded up 0.63% on Tuesday, hitting $116.40. 192,508 shares of the company’s stock traded hands. Rockwell Automation has a one year low of $96.31 and a one year high of $128.57. The stock’s 50-day moving average is $119.3 and its 200-day moving average is $121.1. The company has a market cap of $16.048 billion and a P/E ratio of 20.47.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $1.49 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.57 by $0.08. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter last year, the company posted $1.54 earnings per share. Rockwell Automation’s revenue was up 1.6% compared to the same quarter last year. On average, analysts predict that Rockwell Automation will post $6.13 earnings per share for the current fiscal year.

Rockwell Automation, Inc (NYSE:ROK) is a provider of industrial automation power, control and information solutions that help manufacturers achieve a competitive advantage for their businesses.

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