Rockwell Automation (NYSE:ROK) Stock: Insider Isaac Woods Sells 500 Shares

Key Points

• VP Isaac Woods sold 500 Rockwell Automation shares at an average price of $402.61, totaling $201,305. The pre-arranged Rule 10b5-1 plan transaction left him with 1,358 shares.
• Rockwell reported quarterly earnings of $3.88 per share, beating analysts’ $3.69 estimate, while revenue of $2.33 billion fell short of expectations. Revenue rose 0.7% year over year, and the company set fiscal 2027 EPS guidance of $14.50–$15.50.
• The company raised its quarterly dividend from $1.38 to $1.45 per share, equivalent to $5.80 annually and a 1.4% yield. Analysts’ consensus rating was “Hold,” with an average price target of $471.33.

Rockwell Automation, Inc. (NYSE:ROK - Get Free Report) VP Isaac Woods sold 500 shares of the company's stock in a transaction dated Thursday, November 12th. The stock was sold at an average price of $402.61, for a total value of $201,305.00. Following the completion of the transaction, the vice president directly owned 1,358 shares of the company's stock, valued at approximately $546,744.38. This trade represents a 26.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Isaac Woods also recently made the following trade(s):

• On Tuesday, September 8th, Isaac Woods sold 154 shares of Rockwell Automation stock. The stock was sold at an average price of $432.62, for a total value of $66,623.48.

Rockwell Automation Price Performance

Shares of NYSE:ROK traded down $1.67 during trading on Friday, hitting $402.53. 913,260 shares of the company's stock were exchanged, compared to its average volume of 872,925. The business's 50-day simple moving average is $427.38 and its 200 day simple moving average is $426.88. The company has a market cap of $44.70 billion, a price-to-earnings ratio of 32.07, a PEG ratio of 2.85 and a beta of 1.51. Rockwell Automation, Inc. has a 52-week low of $347.53 and a 52-week high of $497.36. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.11 and a quick ratio of 1.35.

Rockwell Automation (NYSE:ROK - Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The industrial products company reported $3.88 EPS for the quarter, topping analysts' consensus estimates of $3.69 by $0.19. Rockwell Automation had a return on equity of 41.79% and a net margin of 15.68%. The company had revenue of $2.33 billion for the quarter, compared to analysts' expectations of $2.41 billion. During the same period in the previous year, the firm earned $3.34 EPS. The firm's revenue was up .7% compared to the same quarter last year. Rockwell Automation has set its FY 2027 guidance at 14.500-15.500 EPS. As a group, equities analysts predict that Rockwell Automation, Inc. will post 14.95 EPS for the current year.

Rockwell Automation Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Monday, November 16th will be issued a $1.45 dividend. This represents a $5.80 annualized dividend and a dividend yield of 1.4%. This is a boost from Rockwell Automation's previous quarterly dividend of $1.38. The ex-dividend date of this dividend is Monday, November 16th. Rockwell Automation's payout ratio is presently 43.98%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Morgan Stanley set a $520.00 target price on shares of Rockwell Automation in a research report on Friday, October 16th. Weiss Ratings upgraded shares of Rockwell Automation from a "buy (b-)" rating to a "buy (b)" rating in a report on Monday, October 26th. Evercore set a $485.00 price target on shares of Rockwell Automation in a research note on Wednesday, August 5th. Citigroup dropped their price objective on shares of Rockwell Automation from $536.00 to $504.00 and set a "buy" rating for the company in a report on Friday, November 6th. Finally, The Goldman Sachs Group cut their price objective on Rockwell Automation from $510.00 to $485.00 and set a "neutral" rating for the company in a research report on Wednesday, September 30th. Nine investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $471.33.

Institutional Trading of Rockwell Automation

Several hedge funds have recently modified their holdings of the company. Virtus Advisers LLC purchased a new stake in shares of Rockwell Automation during the second quarter worth about $25,000. E Fund Management Hong Kong Co. Ltd. raised its position in shares of Rockwell Automation by 6,400.0% in the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 65 shares of the industrial products company's stock valued at $28,000 after purchasing an additional 64 shares during the last quarter. Fulcrum Asset Management LLP purchased a new position in shares of Rockwell Automation in the 3rd quarter valued at approximately $30,000. Cassaday & Co Wealth Management LLC acquired a new stake in Rockwell Automation in the 1st quarter worth approximately $31,000. Finally, Elevation Wealth Partners LLC boosted its stake in Rockwell Automation by 700.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 88 shares of the industrial products company's stock worth $44,000 after purchasing an additional 77 shares in the last quarter. 75.75% of the stock is owned by hedge funds and other institutional investors.

Rockwell Automation Company Profile

Rockwell Automation, Inc. is an industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. Its roots date to 1903, when it was founded as the Compression Rheostat Company. The company provides hardware, software and services that help manufacturers automate and manage industrial operations. Its offerings include control systems, sensors, motor-control products, industrial software and services for optimizing production and maintaining equipment. Its Allen-Bradley and FactoryTalk brands are among its best-known product lines.

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