Rockwell Automation, Inc. (NYSE:ROK – Free Report) – Research analysts at Zacks Research lowered their FY2027 EPS estimates for Rockwell Automation in a report released on Monday, February 24th. Zacks Research analyst M. Das now expects that the industrial products company will post earnings per share of $11.41 for the year, down from their previous forecast of $13.00. The consensus estimate for Rockwell Automation’s current full-year earnings is $9.35 per share.
Rockwell Automation (NYSE:ROK – Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The industrial products company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.22. Rockwell Automation had a net margin of 11.38% and a return on equity of 30.17%.
View Our Latest Stock Report on ROK
Rockwell Automation Stock Down 0.9 %
Shares of NYSE ROK opened at $284.47 on Thursday. The business has a 50-day moving average of $286.10 and a two-hundred day moving average of $278.11. The company has a market capitalization of $32.17 billion, a price-to-earnings ratio of 35.43, a price-to-earnings-growth ratio of 3.53 and a beta of 1.35. Rockwell Automation has a 1 year low of $242.81 and a 1 year high of $308.70. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.08 and a quick ratio of 0.72.
Rockwell Automation Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 18th will be paid a $1.31 dividend. This represents a $5.24 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend is Tuesday, February 18th. Rockwell Automation’s dividend payout ratio (DPR) is 65.26%.
Insider Buying and Selling
In related news, CEO Blake D. Moret sold 1,741 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $296.67, for a total value of $516,502.47. Following the sale, the chief executive officer now directly owns 80,309 shares in the company, valued at $23,825,271.03. The trade was a 2.12 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Scott Genereux sold 278 shares of Rockwell Automation stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $302.04, for a total transaction of $83,967.12. Following the transaction, the vice president now owns 3,184 shares of the company’s stock, valued at approximately $961,695.36. The trade was a 8.03 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 6,540 shares of company stock valued at $1,935,134. Corporate insiders own 0.68% of the company’s stock.
Hedge Funds Weigh In On Rockwell Automation
Several hedge funds have recently bought and sold shares of the stock. Capital A Wealth Management LLC purchased a new position in Rockwell Automation in the 4th quarter valued at about $103,000. Heck Capital Advisors LLC acquired a new position in shares of Rockwell Automation in the fourth quarter valued at approximately $57,000. Ascent Group LLC lifted its stake in shares of Rockwell Automation by 13.4% during the fourth quarter. Ascent Group LLC now owns 3,990 shares of the industrial products company’s stock valued at $1,140,000 after buying an additional 470 shares during the period. Mackenzie Financial Corp boosted its position in Rockwell Automation by 3.3% during the fourth quarter. Mackenzie Financial Corp now owns 10,570 shares of the industrial products company’s stock worth $3,021,000 after acquiring an additional 340 shares during the last quarter. Finally, Forum Financial Management LP purchased a new stake in Rockwell Automation in the 4th quarter worth approximately $220,000. Hedge funds and other institutional investors own 75.75% of the company’s stock.
About Rockwell Automation
Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.
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