Rockwell Automation (NYSE:ROK) Stock Price Crosses Above 200 Day Moving Average - Time to Sell?

Key Points

• Rockwell Automation shares moved above their 200-day moving average, reaching $433.78 and last trading near $429.90 versus the $426.52 average.
• Analyst sentiment is mixed: nine analysts rate the stock Buy and thirteen rate it Hold, producing an overall “Hold” consensus and a $468 average price target.
• The company exceeded quarterly expectations with $3.49 adjusted EPS and $2.31 billion in revenue, while insiders sold 2,711 shares worth approximately $1.16 million over the past three months.

Rockwell Automation, Inc. (NYSE:ROK - Get Free Report) shares passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $426.52 and traded as high as $433.78. Rockwell Automation shares last traded at $429.9030, with a volume of 528,695 shares traded.

Analyst Ratings Changes

ROK has been the subject of several research reports. Morgan Stanley set a $520.00 price objective on shares of Rockwell Automation in a research report on Friday, October 16th. Zacks Research cut shares of Rockwell Automation from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 30th. The Goldman Sachs Group reduced their target price on shares of Rockwell Automation from $510.00 to $485.00 and set a "neutral" rating on the stock in a report on Wednesday, September 30th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Rockwell Automation from $469.00 to $500.00 and gave the stock a "hold" rating in a report on Wednesday, September 30th. Finally, Citigroup decreased their target price on shares of Rockwell Automation from $555.00 to $536.00 and set a "buy" rating on the stock in a research report on Wednesday, August 5th. Nine equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $468.00.

Rockwell Automation Trading Up 0.9%

The stock has a market cap of $47.74 billion, a PE ratio of 40.29, a PEG ratio of 2.02 and a beta of 1.51. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 1.08. The stock has a fifty day moving average price of $430.78 and a 200 day moving average price of $426.52.

Rockwell Automation (NYSE:ROK - Get Free Report) last released its earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.11. The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%. The company'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. Equities analysts expect that Rockwell Automation, Inc. will post 13.26 EPS for the current year.

Insider Activity

In other news, Director Patricia A. Watson sold 1,100 shares of the stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $431.43, for a total value of $474,573.00. Following the sale, the director owned 6,385 shares of the company's stock, valued at approximately $2,754,680.55. This represents a 14.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Christian E. Rothe sold 590 shares of the firm's stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $434.30, for a total transaction of $256,237.00. Following the completion of the sale, the chief financial officer owned 10,429 shares of the company's stock, valued at $4,529,314.70. This trade represents a 5.35% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 2,711 shares of company stock worth $1,164,880. 0.76% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Rockwell Automation

Hedge funds have recently added to or reduced their stakes in the company. Total Clarity Wealth Management Inc. purchased a new stake in shares of Rockwell Automation in the third quarter worth approximately $201,000. DMC Group LLC lifted its stake in shares of Rockwell Automation by 8.2% during the 3rd quarter. DMC Group LLC now owns 1,409 shares of the industrial products company's stock worth $613,000 after acquiring an additional 107 shares during the last quarter. Verdence Capital Advisors LLC lifted its stake in shares of Rockwell Automation by 79.3% during the 3rd quarter. Verdence Capital Advisors LLC now owns 2,684 shares of the industrial products company's stock worth $1,169,000 after acquiring an additional 1,187 shares during the last quarter. Apollon Wealth Management LLC boosted its holdings in Rockwell Automation by 1.5% during the 3rd quarter. Apollon Wealth Management LLC now owns 41,610 shares of the industrial products company's stock valued at $18,114,000 after acquiring an additional 634 shares during the period. Finally, Holos Integrated Wealth LLC boosted its holdings in Rockwell Automation by 320.0% during the 3rd quarter. Holos Integrated Wealth LLC now owns 210 shares of the industrial products company's stock valued at $89,000 after acquiring an additional 160 shares during the period. 75.75% of the stock is currently owned by institutional investors.

Rockwell Automation Company Profile

Rockwell Automation, Inc NYSE: ROK is a global provider of industrial automation and digital transformation technologies. The company helps manufacturers and industrial organizations improve productivity, safety, quality and operational efficiency through connected hardware, software and services.

Its product portfolio includes industrial control systems, programmable logic controllers, motor control and sensing equipment, industrial computers, safety products, networking technologies and power-control solutions.

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