Rockwell Automation, Inc. (NYSE:ROK) insider Elik I. Fooks sold 904 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of $190.77, for a total transaction of $172,456.08. Following the sale, the insider now owns 9,464 shares of the company’s stock, valued at $1,805,447.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Rockwell Automation, Inc. (ROK) opened at $187.68 on Wednesday. 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 $24,220.00, a price-to-earnings ratio of 28.22, a price-to-earnings-growth 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 quarterly earnings results on Wednesday, November 8th. The industrial products company reported $1.69 EPS for the quarter, missing analysts’ consensus estimates of $1.72 by ($0.03). The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.67 billion. Rockwell Automation had a return on equity of 38.67% and a net margin of 13.08%. The company’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.52 earnings per share. equities analysts predict that Rockwell Automation, Inc. will post 7.39 EPS for the current fiscal year.
Several equities research analysts have recently weighed in on ROK shares. Oppenheimer reiterated a “hold” rating on shares of Rockwell Automation in a research report on Friday, August 18th. Credit Suisse Group decreased their price objective on shares of Rockwell Automation from $155.00 to $154.00 and set a “neutral” rating for the company in a research report on Wednesday, August 23rd. ValuEngine upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Thursday, September 7th. Cowen reiterated a “hold” rating and set a $140.00 price objective on shares of Rockwell Automation in a research report on Sunday, September 17th. Finally, Zacks Investment Research upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating and set a $200.00 price objective for the company in a research report on Monday, October 2nd. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $165.00.
A number of large investors have recently bought and sold shares of the business. Canada Pension Plan Investment Board grew its holdings in shares of Rockwell Automation by 0.5% during the third quarter. Canada Pension Plan Investment Board now owns 231,974 shares of the industrial products company’s stock valued at $41,340,000 after buying an additional 1,219 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Rockwell Automation during the third quarter valued at about $186,000. Frontier Investment Mgmt Co. acquired a new position in shares of Rockwell Automation during the second quarter valued at about $620,000. Oregon Public Employees Retirement Fund grew its holdings in shares of Rockwell Automation by 11.5% during the third quarter. Oregon Public Employees Retirement Fund now owns 56,252 shares of the industrial products company’s stock valued at $10,025,000 after buying an additional 5,803 shares during the last quarter. Finally, Oakbrook Investments LLC grew its holdings in shares of Rockwell Automation by 42.6% during the third quarter. Oakbrook Investments LLC now owns 11,625 shares of the industrial products company’s stock valued at $2,072,000 after buying an additional 3,475 shares during the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.
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About Rockwell Automation
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.
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