Key Points
- Rockwell Automation VP Terry Riesterer sold 4,024 shares on May 7 for about $1.82 million, cutting his stake by 96.78% and leaving him with 134 shares.
- The company posted strong quarterly results, with EPS of $3.30 topping estimates and revenue of $2.24 billion beating expectations; Rockwell also raised its FY2026 guidance to $12.50-$13.10 EPS.
- Rockwell declared a quarterly dividend of $1.38 per share, payable June 10, which works out to an annualized $5.52 dividend yield of about 1.2%.
Rockwell Automation, Inc. (NYSE:ROK - Get Free Report) VP Terry Riesterer sold 4,024 shares of the firm's stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $451.97, for a total value of $1,818,727.28. Following the sale, the vice president owned 134 shares in the company, valued at $60,563.98. This trade represents a 96.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Rockwell Automation Price Performance
NYSE:ROK opened at $453.17 on Friday. Rockwell Automation, Inc. has a 52 week low of $290.14 and a 52 week high of $463.48. The company has a quick ratio of 0.80, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $50.42 billion, a PE ratio of 47.11, a price-to-earnings-growth ratio of 2.87 and a beta of 1.56. The stock's 50-day moving average price is $386.73 and its 200-day moving average price is $392.01.
Rockwell Automation (NYSE:ROK - Get Free Report) last posted its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, beating analysts' consensus estimates of $2.88 by $0.42. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The firm had revenue of $2.24 billion for the quarter, compared to analysts' expectations of $2.16 billion. During the same period last year, the firm earned $2.45 EPS. The company's quarterly revenue was up 11.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. As a group, equities analysts expect that Rockwell Automation, Inc. will post 13.02 EPS for the current fiscal year.
Rockwell Automation Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th will be given a dividend of $1.38 per share. The ex-dividend date is Monday, May 18th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.2%. Rockwell Automation's dividend payout ratio (DPR) is 57.38%.
Key Rockwell Automation News
Here are the key news stories impacting Rockwell Automation this week:
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of ROK. Brighton Jones LLC purchased a new position in Rockwell Automation in the 4th quarter worth approximately $281,000. AQR Capital Management LLC lifted its stake in Rockwell Automation by 75.9% in the 1st quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company's stock worth $2,059,000 after purchasing an additional 3,513 shares in the last quarter. Empowered Funds LLC lifted its stake in Rockwell Automation by 142.7% in the 1st quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company's stock worth $1,887,000 after purchasing an additional 4,295 shares in the last quarter. Acadian Asset Management LLC lifted its stake in Rockwell Automation by 233.6% in the 1st quarter. Acadian Asset Management LLC now owns 1,878 shares of the industrial products company's stock worth $484,000 after purchasing an additional 1,315 shares in the last quarter. Finally, Jump Financial LLC purchased a new position in Rockwell Automation in the 2nd quarter worth approximately $868,000. 75.75% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on ROK shares. Wells Fargo & Company lifted their price objective on Rockwell Automation from $360.00 to $440.00 and gave the stock an "equal weight" rating in a report on Wednesday. Robert W. Baird lowered their price objective on Rockwell Automation from $435.00 to $410.00 and set an "outperform" rating on the stock in a report on Monday, March 30th. Mizuho set a $445.00 price objective on Rockwell Automation in a report on Wednesday. Oppenheimer cut Rockwell Automation from an "outperform" rating to a "market perform" rating in a report on Tuesday, January 20th. Finally, JPMorgan Chase & Co. lifted their price objective on Rockwell Automation from $404.00 to $417.00 and gave the stock a "neutral" rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $438.70.
View Our Latest Stock Report on Rockwell Automation
Rockwell Automation Company Profile
(
Get Free Report)
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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