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Rockwell Automation (NYSE:ROK) VP Douglas M. Hagerman unloaded 4,000 shares of the stock on the open market in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $117.18, for a total transaction of $468,720.00. Following the transaction, the vice president now directly owns 49,088 shares of the company’s stock, valued at approximately $5,752,132. The sale was disclosed in a document filed with the SEC, which is available at this link.

ROK has been the subject of a number of recent research reports. 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 research analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $118.70.

Shares of Rockwell Automation (NYSE:ROK) traded down 0.06% on Thursday, hitting $117.39. The stock had a trading volume of 466,773 shares. Rockwell Automation has a 52 week low of $96.77 and a 52 week high of $128.57. The stock’s 50-day moving average is $118.8 and its 200-day moving average is $121.1. The company has a market cap of $16.185 billion and a P/E ratio of 20.79.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $1.49 earnings per share (EPS) for the quarter, missing the 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 in the previous year, the company posted $1.54 earnings per share. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. 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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