Rockwell Automation, Inc. (NYSE: ROK – Get Rating) SVP Cyril Perducat sold 664 shares in a trade dated Thursday, June 2. The shares were sold at an average price of $217.75, for a total transaction of $144,586.00. Following the completion of the sale, the senior vice president now owns 1,576 shares of the company, valued at approximately $343,174. The transaction was disclosed in a filing with the Securities & Exchange Commission, available on the SEC’s website.

Shares of NYSE ROK traded at $1.89 at midday on Friday, hitting $218.27. 794,670 shares were traded, against an average volume of 838,454. The company has a leverage ratio of 1.18, a quick ratio of 0.78 and a current ratio of 1.09. The company has a market capitalization of $25.38 billion, a P/E ratio of 39.56, a PEG ratio of 2.77 and a beta of 1.42. The stock’s fifty-day simple moving average is $240.25 and its two-hundred-day simple moving average is $284.68. Rockwell Automation, Inc. has a 12-month low of $191.07 and a 12-month high of $354.99.

Rockwell Automation (NYSE:ROK – Get Rating) last released its quarterly results on Tuesday, May 3. The industrial products company reported earnings per share of $1.66 for the quarter, missing analyst consensus estimates of $2.27 per ($0.61). The company posted revenue of $1.81 billion in the quarter, compared to analysts’ estimates of $1.98 billion. Rockwell Automation achieved a net margin of 8.81% and a return on equity of 35.96%. The company’s revenue for the quarter increased 1.8% year over year. During the same period of the previous year, the company achieved EPS of $2.41. As a group, equity research analysts expect Rockwell Automation, Inc. to post earnings per share of 9.24 for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 12. Investors of record on Monday August 15 will receive a dividend of $1.12. This represents a dividend of $4.48 on an annualized basis and a dividend yield of 2.05%. The ex-dividend date is Friday, August 12. Rockwell Automation’s dividend payout ratio is currently 81.45%.

Rockwell Automation announced that its board of directors authorized a stock repurchase plan on Tuesday, May 3 that allows the company to repurchase $1.00 billion in stock. This repurchase authorization authorizes the industrial products company to repurchase up to 4% of its shares by way of purchases on the open market. Stock repurchase plans usually indicate that the company’s board of directors believe its stock is undervalued.

Several institutional investors have recently changed their stock portfolios. FMR LLC increased its stake in Rockwell Automation by 0.6% in the 1st quarter. FMR LLC now owns 119,971 shares of the industrial products company worth $21,050,000 after acquiring an additional 709 shares during the period. Jump Financial LLC acquired a new stake in Rockwell Automation during Q3 valued at $211,000. Centaurus Financial Inc. increased its stake in Rockwell Automation by 53.5% during the third quarter. Centaurus Financial Inc. now owns 1,305 shares of the industrial products company worth $384,000 after acquiring 455 additional shares during the period. Ameritas Investment Company LLC increased its stake in Rockwell Automation by 66.0% during the third quarter. Ameritas Investment Company LLC now owns 4,268 shares of the industrial products company worth $1,255,000 after acquiring 1,697 additional shares during the period. Finally, Massmutual Trust Co. FSB ADV increased its stake in Rockwell Automation by 6.3% during the third quarter. Massmutual Trust Co. FSB ADV now owns 2,900 shares of the industrial products company worth $853,000 after acquiring 173 additional shares during the period. 78.21% of the shares are held by institutional investors and hedge funds.

Several research companies have recently weighed in on ROK. Citigroup reduced its target price on Rockwell Automation shares from $357.00 to $310.00 in a Wednesday, May 4 research note. Deutsche Bank Aktiengesellschaft cut its price target on Rockwell Automation shares from $318.00 to $292.00 and set a “hold” rating for the company in a Thursday, April 14 research note. Cowen cut his price target on Rockwell Automation shares from $275.00 to $185.00 in a Wednesday, May 4 research note. Morgan Stanley cut its price target on Rockwell Automation shares from $325.00 to $277.00 and set an “overweight” rating for the company in a research note on Tuesday. Finally, UBS Group reduced its price target on Rockwell Automation shares to $205.00 in a Wednesday, May 25 research note. Two investment analysts have assigned the stock a sell rating, eight have issued a hold rating and five have assigned the stock a buy rating. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $266.39.

Rockwell Automation Company Profile (Get a rating)

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in the United States and internationally. The Company operates in three segments, Smart Devices, Software and Control and Lifecycle Services. Its solutions include hardware and software products and services.

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