Rockwell Automation, Inc. (NYSE:ROK) Director Lawrence D. Kingsley purchased 125 shares of the stock in a transaction dated Sunday, February 5th. The stock was acquired at an average cost of $98.79 per share, for a total transaction of $12,348.75. Following the transaction, the director now owns 5,421 shares of the company’s stock, valued at $535,540.59. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Rockwell Automation, Inc. (ROK) traded up $0.32 during trading on Monday, reaching $190.78. 1,327,063 shares of the company were exchanged, compared to its average volume of 877,063. The company has a quick ratio of 1.80, a current ratio of 2.06 and a debt-to-equity ratio of 0.47. The company has a market cap of $24,474.66, a price-to-earnings ratio of 28.22, a PEG ratio of 2.14 and a beta of 1.23. Rockwell Automation, Inc. has a twelve month low of $133.61 and a twelve month high of $210.72.
Rockwell Automation (NYSE:ROK) last posted its 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). The firm had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.67 billion. Rockwell Automation had a return on equity of 38.67% and a net margin of 13.08%. The business’s revenue was up 8.4% on a year-over-year basis. During the same period last year, the company posted $1.52 EPS. research analysts anticipate that Rockwell Automation, Inc. will post 7.39 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Monday, November 13th will be issued a dividend of $0.835 per share. This represents a $3.34 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date is Friday, November 10th. This is a positive change from Rockwell Automation’s previous quarterly dividend of $0.76. Rockwell Automation’s dividend payout ratio is 52.68%.
A number of institutional investors have recently bought and sold shares of ROK. Valeo Financial Advisors LLC purchased a new position in Rockwell Automation in the 3rd quarter worth approximately $131,000. Acrospire Investment Management LLC grew its stake in Rockwell Automation by 166.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 799 shares of the industrial products company’s stock worth $129,000 after buying an additional 499 shares in the last quarter. Rockefeller Financial Services Inc. purchased a new position in Rockwell Automation in the 3rd quarter worth approximately $143,000. Sun Life Financial INC grew its stake in Rockwell Automation by 8,490.9% in the 2nd quarter. Sun Life Financial INC now owns 945 shares of the industrial products company’s stock worth $153,000 after buying an additional 934 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in Rockwell Automation in the 3rd quarter worth approximately $186,000. 73.04% of the stock is currently owned by institutional investors and hedge funds.
Several analysts have recently issued reports on ROK shares. Oppenheimer reissued a “hold” rating on shares of Rockwell Automation in a research report on Friday, August 18th. Credit Suisse Group lowered their price target on shares of Rockwell Automation from $155.00 to $154.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 23rd. ValuEngine raised shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Thursday, September 7th. Cowen reissued a “hold” rating and issued a $140.00 price target on shares of Rockwell Automation in a research report on Sunday, September 17th. Finally, Zacks Investment Research raised shares of Rockwell Automation from a “hold” rating to a “buy” rating and set a $200.00 price target on the stock in a research report on Monday, October 2nd. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $165.00.
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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.
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