Rockwell Automation (NYSE:ROK) SVP Frank C. Kulaszewicz sold 4,000 shares of the company’s stock in a transaction dated Wednesday, May 24th. The shares were sold at an average price of $158.71, for a total transaction of $634,840.00. Following the completion of the sale, the senior vice president now directly owns 29,195 shares of the company’s stock, valued at $4,633,538.45. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Rockwell Automation (NYSE:ROK) traded up 0.79% during trading on Thursday, reaching $159.26. The company had a trading volume of 1,213,293 shares. Rockwell Automation has a 52-week low of $107.17 and a 52-week high of $165.00. The company has a market capitalization of $20.52 billion, a PE ratio of 26.58 and a beta of 1.07. The company has a 50 day moving average price of $155.59 and a 200 day moving average price of $146.77.

Rockwell Automation (NYSE:ROK) last released its earnings results on Wednesday, April 26th. The industrial products company reported $1.55 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.40 by $0.15. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.48 billion. Rockwell Automation had a return on equity of 38.57% and a net margin of 12.77%. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.37 EPS. On average, equities analysts forecast that Rockwell Automation will post $6.64 EPS for the current fiscal year.

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

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 12th. Stockholders of record on Monday, May 15th will be paid a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date of this dividend is Thursday, May 11th. Rockwell Automation’s dividend payout ratio is currently 52.23%.

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Several large investors have recently made changes to their positions in ROK. Two Sigma Advisers LP boosted its stake in shares of Rockwell Automation by 50.3% in the third quarter. Two Sigma Advisers LP now owns 88,783 shares of the industrial products company’s stock worth $10,862,000 after buying an additional 29,700 shares in the last quarter. Douglass Winthrop Advisors LLC boosted its stake in shares of Rockwell Automation by 0.8% in the third quarter. Douglass Winthrop Advisors LLC now owns 26,102 shares of the industrial products company’s stock worth $3,193,000 after buying an additional 200 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of Rockwell Automation by 23.5% in the third quarter. HighTower Advisors LLC now owns 12,249 shares of the industrial products company’s stock worth $1,499,000 after buying an additional 2,330 shares in the last quarter. Profund Advisors LLC boosted its stake in shares of Rockwell Automation by 2.6% in the third quarter. Profund Advisors LLC now owns 3,887 shares of the industrial products company’s stock worth $476,000 after buying an additional 97 shares in the last quarter. Finally, Stephens Inc. AR bought a new stake in shares of Rockwell Automation during the third quarter worth about $200,000. Institutional investors own 72.56% of the company’s stock.

A number of brokerages have weighed in on ROK. Berenberg Bank reissued a “sell” rating and issued a $125.00 price target on shares of Rockwell Automation in a report on Wednesday, February 22nd. Barclays PLC upped their price target on shares of Rockwell Automation from $166.00 to $167.00 and gave the company an “overweight” rating in a report on Wednesday, April 19th. Gabelli raised shares of Rockwell Automation from a “sell” rating to a “hold” rating in a report on Wednesday, April 19th. Stifel Nicolaus upped their price objective on shares of Rockwell Automation from $159.00 to $167.00 and gave the company a “hold” rating in a research note on Friday, April 28th. Finally, Zacks Investment Research raised shares of Rockwell Automation from a “hold” rating to a “buy” rating and set a $171.00 price objective for the company in a research note on Friday, January 27th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company’s stock. Rockwell Automation has an average rating of “Hold” and an average price target of $141.50.

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.

12 Month Chart for NYSE:ROK

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