Insider Buying: Rockwell Automation, Inc. (ROK) Director Purchases 125 Shares of Stock

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.

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

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