Rockwell Automation, Inc. (NYSE:ROK) Director Lawrence D. Kingsley acquired 375 shares of the firm’s stock in a transaction that occurred on Sunday, November 12th. The stock was purchased at an average price of $104.00 per share, with a total value of $39,000.00. Following the completion of the acquisition, the director now directly owns 5,421 shares of the company’s stock, valued at $563,784. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of Rockwell Automation, Inc. (NYSE:ROK) traded up $0.32 during mid-day trading on Monday, hitting $190.78. The stock had a trading volume of 1,327,063 shares, compared to its average volume of 877,063. Rockwell Automation, Inc. has a 1-year low of $133.61 and a 1-year high of $210.72. The stock has a market capitalization of $24,474.66, a price-to-earnings ratio of 28.22, a price-to-earnings-growth ratio of 2.14 and a beta of 1.23. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 1.80.

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

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Monday, November 13th will be paid a dividend of $0.835 per share. This is a positive change from Rockwell Automation’s previous quarterly dividend of $0.76. The ex-dividend date of this dividend is Friday, November 10th. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.75%. Rockwell Automation’s payout ratio is presently 52.68%.

A number of equities analysts have commented on the stock. ValuEngine downgraded shares of Rockwell Automation from a “buy” rating to a “hold” rating in a report on Friday. Oppenheimer reiterated a “hold” rating on shares of Rockwell Automation in a report on Friday, August 18th. J P Morgan Chase & Co assumed coverage on shares of Rockwell Automation in a report on Wednesday, November 29th. They issued a “neutral” rating for the company. Morgan Stanley reiterated an “equal weight” rating and issued a $173.00 target price (up from $168.00) on shares of Rockwell Automation in a report on Monday, October 2nd. Finally, Zacks Investment Research upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating and set a $209.00 target price for the company in a report on Tuesday, October 17th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $165.00.

Several hedge funds have recently modified their holdings of ROK. Janney Montgomery Scott LLC grew its stake in shares of Rockwell Automation by 191.9% during the second quarter. Janney Montgomery Scott LLC now owns 10,067 shares of the industrial products company’s stock worth $1,630,000 after acquiring an additional 6,618 shares during the last quarter. CIBC Asset Management Inc boosted its position in Rockwell Automation by 0.9% in the second quarter. CIBC Asset Management Inc now owns 12,836 shares of the industrial products company’s stock valued at $2,079,000 after buying an additional 119 shares during the last quarter. Daiwa Securities Group Inc. boosted its position in Rockwell Automation by 15.9% in the second quarter. Daiwa Securities Group Inc. now owns 67,700 shares of the industrial products company’s stock valued at $10,965,000 after buying an additional 9,300 shares during the last quarter. Telemus Capital LLC purchased a new stake in Rockwell Automation in the second quarter valued at approximately $259,000. Finally, IFP Advisors Inc boosted its position in Rockwell Automation by 7.8% in the second quarter. IFP Advisors Inc now owns 6,862 shares of the industrial products company’s stock valued at $1,111,000 after buying an additional 494 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

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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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