Matheus De Viera Bulho Sells 467 Shares of Rockwell Automation (NYSE:ROK) Stock

Key Points

• Insider sale: Senior Vice President Matheus De Viera Bulho sold 467 Rockwell Automation shares for approximately $199,390 under a pre-arranged Rule 10b5-1 trading plan, reducing his direct holdings by 26.93% to 1,267 shares.
• Operational performance: Rockwell Automation beat quarterly earnings expectations with EPS of $3.49 and revenue of $2.31 billion, while revenue increased 7.9% year over year. Shares recently traded at $425.07, up 1.8%.
• Shareholder returns and outlook: The company declared a quarterly dividend of $1.38 per share and authorized a $1 billion buyback program covering up to 2% of outstanding shares. Analysts’ consensus rating is “Hold,” with an average price target of $469.14.

Rockwell Automation, Inc. (NYSE:ROK - Get Free Report) SVP Matheus De Viera Bulho sold 467 shares of the company's stock in a transaction on Monday, August 31st. The stock was sold at an average price of $426.96, for a total value of $199,390.32. Following the transaction, the senior vice president directly owned 1,267 shares in the company, valued at approximately $540,958.32. This represents a 26.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rockwell Automation Trading Up 1.8%

Shares of NYSE ROK traded up $7.54 during midday trading on Wednesday, hitting $425.07. The stock had a trading volume of 704,469 shares, compared to its average volume of 871,202. The firm has a market cap of $47.20 billion, a P/E ratio of 39.84, a price-to-earnings-growth ratio of 2.48 and a beta of 1.52. Rockwell Automation, Inc. has a fifty-two week low of $332.71 and a fifty-two week high of $497.36. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.08 and a quick ratio of 0.74. The company's 50-day simple moving average is $456.46 and its 200 day simple moving average is $427.59.

Rockwell Automation (NYSE:ROK - Get Free Report) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $3.49 EPS for the quarter, beating the consensus estimate of $3.38 by $0.11. The company had revenue of $2.31 billion during the quarter, compared to analysts' expectations of $2.24 billion. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. The business's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.82 EPS. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. Research analysts anticipate that Rockwell Automation, Inc. will post 13.21 EPS for the current year.

Rockwell Automation Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Monday, August 17th. Rockwell Automation's dividend payout ratio (DPR) is presently 51.73%.

Rockwell Automation announced that its Board of Directors has approved a stock buyback program on Tuesday, June 9th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the industrial products company to buy up to 2% of its shares through open market purchases. Shares buyback programs are often a sign that the company's management believes its stock is undervalued.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Weiss Ratings restated a "buy (b-)" rating on shares of Rockwell Automation in a report on Thursday, June 18th. Zacks Research lowered Rockwell Automation from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 30th. Barclays increased their target price on Rockwell Automation from $400.00 to $480.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 6th. Morgan Stanley raised their target price on shares of Rockwell Automation from $525.00 to $545.00 and gave the stock an "overweight" rating in a report on Wednesday. Finally, JPMorgan Chase & Co. lifted their price target on shares of Rockwell Automation from $404.00 to $417.00 and gave the company a "neutral" rating in a research note on Wednesday, May 6th. Nine investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $469.14.

Institutional Trading of Rockwell Automation

Several hedge funds and other institutional investors have recently modified their holdings of the company. California State Teachers Retirement System grew its holdings in shares of Rockwell Automation by 50,536.8% during the second quarter. California State Teachers Retirement System now owns 84,037,850 shares of the industrial products company's stock worth $41,605,459,000 after buying an additional 83,871,888 shares in the last quarter. BlackRock Inc. bought a new stake in Rockwell Automation in the 2nd quarter valued at approximately $6,129,376,000. State Street Corp lifted its stake in Rockwell Automation by 4.2% in the 4th quarter. State Street Corp now owns 4,996,130 shares of the industrial products company's stock valued at $1,943,844,000 after acquiring an additional 202,705 shares in the last quarter. Geode Capital Management LLC boosted its position in Rockwell Automation by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 2,924,501 shares of the industrial products company's stock worth $1,133,397,000 after acquiring an additional 17,855 shares during the last quarter. Finally, Morgan Stanley boosted its position in Rockwell Automation by 10.4% during the 4th quarter. Morgan Stanley now owns 2,921,840 shares of the industrial products company's stock worth $1,136,801,000 after acquiring an additional 276,021 shares during the last quarter. Institutional investors and hedge funds own 75.75% of the company's stock.

Rockwell Automation Company Profile

Rockwell Automation is a global industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. The firm designs, manufactures and supports control systems, industrial control hardware and software, and related services that help manufacturers and industrial operators automate processes, improve productivity and enable data-driven decision making. Rockwell traces its heritage to the Allen-Bradley and Rockwell automation businesses and positions itself as a provider of integrated automation solutions across discrete and process industries.

The company's product portfolio includes programmable logic controllers (PLCs), human-machine interfaces (HMIs), variable frequency drives, sensors, safety components and other industrial control hardware, often marketed under the Allen-Bradley brand.

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