Rockwell Automation, Inc. (NYSE:ROK) insider Blake D. Moret sold 5,677 shares of the stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $170.10, for a total value of $965,657.70. Following the sale, the insider now directly owns 21,426 shares in the company, valued at $3,644,562.60. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of Rockwell Automation, Inc. (NYSE:ROK) traded up 1.38% during trading on Thursday, hitting $172.23. 576,601 shares of the company were exchanged. Rockwell Automation, Inc. has a 12 month low of $113.27 and a 12 month high of $172.24. The stock has a market cap of $22.11 billion, a P/E ratio of 27.77 and a beta of 1.16. The company’s 50-day moving average price is $163.43 and its 200 day moving average price is $159.31.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Wednesday, July 26th. The industrial products company reported $1.76 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.64 by $0.12. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.58 billion. Rockwell Automation had a net margin of 13.04% and a return on equity of 40.71%. The business’s revenue was up 8.5% on a year-over-year basis. During the same period last year, the business earned $1.55 EPS. On average, equities analysts predict that Rockwell Automation, Inc. will post $6.75 earnings per share for the current fiscal year.

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ROK has been the topic of a number of analyst reports. BidaskClub upgraded Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Tuesday, June 20th. Zacks Investment Research cut Rockwell Automation from a “buy” rating to a “hold” rating in a research report on Saturday, July 1st. Cowen and Company raised their target price on Rockwell Automation from $125.00 to $140.00 and gave the company a “market perform” rating in a research report on Thursday, July 6th. Wolfe Research assumed coverage on Rockwell Automation in a research report on Tuesday, July 11th. They set a “peer perform” rating on the stock. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $167.00 price objective on shares of Rockwell Automation in a report on Wednesday, July 19th. Two 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 currently has a consensus rating of “Hold” and a consensus target price of $152.27.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Griffin Asset Management Inc. acquired a new position in Rockwell Automation during the 2nd quarter worth $453,000. United Bank VA grew its holdings in Rockwell Automation by 0.6% during the 2nd quarter. United Bank VA now owns 12,539 shares of the industrial products company’s stock worth $2,031,000 after acquiring an additional 72 shares in the last quarter. Hall Laurie J Trustee grew its holdings in Rockwell Automation by 4.9% during the 2nd quarter. Hall Laurie J Trustee now owns 2,375 shares of the industrial products company’s stock worth $385,000 after acquiring an additional 110 shares in the last quarter. Toronto Dominion Bank grew its holdings in Rockwell Automation by 38.4% during the 2nd quarter. Toronto Dominion Bank now owns 48,242 shares of the industrial products company’s stock worth $7,812,000 after acquiring an additional 13,394 shares in the last quarter. Finally, Cetera Investment Advisers acquired a new position in Rockwell Automation during the 2nd quarter worth $511,000. 73.66% of the stock is owned by institutional investors and hedge funds.

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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