Rockwell Automation, Inc. (NYSE:ROK) CFO Patrick P. Goris sold 145 shares of the firm’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $192.36, for a total value of $27,892.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of Rockwell Automation, Inc. (NYSE ROK) traded down $1.39 during midday trading on Tuesday, hitting $191.47. The stock had a trading volume of 485,800 shares, compared to its average volume of 875,929. The stock has a market capitalization of $24,783.07, a PE ratio of 28.57, a PEG ratio of 2.16 and a beta of 1.23. Rockwell Automation, Inc. has a one year low of $133.61 and a one year high of $210.72. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.80 and a current ratio of 2.06.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings results on Wednesday, November 8th. The industrial products company reported $1.69 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ 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 firm had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same period last year, the firm earned $1.52 EPS. The company’s revenue for the quarter was up 8.4% on a year-over-year basis. analysts predict that Rockwell Automation, Inc. will post 7.39 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, December 11th. Stockholders of record on Monday, November 13th were paid a $0.835 dividend. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date of this dividend was Friday, November 10th. This is a positive change from Rockwell Automation’s previous quarterly dividend of $0.76. Rockwell Automation’s payout ratio is 52.68%.

A number of brokerages have commented on ROK. cut Rockwell Automation from a “hold” rating to a “reduce” rating in a research note on Thursday, November 2nd. J P Morgan Chase & Co began coverage on Rockwell Automation in a report on Wednesday, November 29th. They issued a “neutral” rating on the stock. Wolfe Research upgraded Rockwell Automation from a “market perform” rating to an “outperform” rating in a report on Monday, November 20th. Oppenheimer restated a “hold” rating on shares of Rockwell Automation in a report on Monday, November 20th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $198.00 target price on shares of Rockwell Automation in a report on Monday. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $167.87.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ROK. TD Asset Management Inc. lifted its stake in shares of Rockwell Automation by 8.8% in the 2nd quarter. TD Asset Management Inc. now owns 60,967 shares of the industrial products company’s stock valued at $9,874,000 after acquiring an additional 4,936 shares during the last quarter. Wetherby Asset Management Inc. raised its position in Rockwell Automation by 1.9% during the 2nd quarter. Wetherby Asset Management Inc. now owns 2,660 shares of the industrial products company’s stock valued at $431,000 after purchasing an additional 49 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in Rockwell Automation by 5.2% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 612,402 shares of the industrial products company’s stock valued at $99,185,000 after purchasing an additional 30,075 shares during the last quarter. National Planning Corp raised its position in Rockwell Automation by 11.9% during the 2nd quarter. National Planning Corp now owns 1,965 shares of the industrial products company’s stock valued at $320,000 after purchasing an additional 209 shares during the last quarter. Finally, Arizona State Retirement System raised its position in Rockwell Automation by 0.6% during the 2nd quarter. Arizona State Retirement System now owns 32,000 shares of the industrial products company’s stock valued at $5,183,000 after purchasing an additional 200 shares during the last quarter. 73.04% of the stock is owned by institutional investors.

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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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