Dempze Nancy E Boosts Stock Holdings in Rockwell Automation, Inc. (NYSE:ROK)

Dempze Nancy E grew its position in Rockwell Automation, Inc. (NYSE:ROK) by 1.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 13,634 shares of the industrial products company’s stock after purchasing an additional 200 shares during the period. Rockwell Automation comprises about 2.2% of Dempze Nancy E’s portfolio, making the stock its 15th largest holding. Dempze Nancy E’s holdings in Rockwell Automation were worth $3,896,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently made changes to their positions in ROK. MCF Advisors LLC increased its stake in Rockwell Automation by 95.8% in the 4th quarter. MCF Advisors LLC now owns 2,332 shares of the industrial products company’s stock valued at $667,000 after buying an additional 1,141 shares during the last quarter. Ameritas Advisory Services LLC increased its position in shares of Rockwell Automation by 99.1% during the fourth quarter. Ameritas Advisory Services LLC now owns 5,187 shares of the industrial products company’s stock valued at $1,482,000 after acquiring an additional 2,582 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its holdings in Rockwell Automation by 6.0% during the third quarter. Nomura Asset Management Co. Ltd. now owns 34,209 shares of the industrial products company’s stock worth $9,184,000 after acquiring an additional 1,928 shares during the period. Nordea Investment Management AB boosted its position in Rockwell Automation by 5.9% in the fourth quarter. Nordea Investment Management AB now owns 462,537 shares of the industrial products company’s stock worth $132,554,000 after purchasing an additional 25,882 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in Rockwell Automation by 7.3% in the 3rd quarter. Wellington Management Group LLP now owns 789 shares of the industrial products company’s stock valued at $212,000 after purchasing an additional 54 shares during the period. 75.75% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on ROK shares. JPMorgan Chase & Co. cut their price target on shares of Rockwell Automation from $245.00 to $240.00 and set an “underweight” rating on the stock in a report on Wednesday, January 15th. Barclays dropped their target price on shares of Rockwell Automation from $285.00 to $280.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 26th. The Goldman Sachs Group lifted their price target on shares of Rockwell Automation from $257.00 to $290.00 and gave the stock a “sell” rating in a report on Tuesday, February 11th. Citigroup increased their price objective on Rockwell Automation from $345.00 to $350.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Finally, KeyCorp raised Rockwell Automation from a “sector weight” rating to an “overweight” rating and set a $345.00 target price for the company in a research report on Monday, December 9th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $307.42.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, VP Scott Genereux sold 500 shares of Rockwell Automation stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $290.14, for a total transaction of $145,070.00. Following the transaction, the vice president now directly owns 1,905 shares of the company’s stock, valued at approximately $552,716.70. This trade represents a 20.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Isaac Woods sold 895 shares of Rockwell Automation stock in a transaction on Friday, January 10th. The stock was sold at an average price of $274.72, for a total transaction of $245,874.40. Following the completion of the transaction, the vice president now owns 1,198 shares in the company, valued at approximately $329,114.56. The trade was a 42.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,352 shares of company stock valued at $1,246,298 in the last quarter. Insiders own 0.68% of the company’s stock.

Rockwell Automation Trading Down 5.0 %

Shares of ROK stock opened at $227.25 on Friday. The company has a market capitalization of $25.70 billion, a PE ratio of 28.30, a price-to-earnings-growth ratio of 3.53 and a beta of 1.39. Rockwell Automation, Inc. has a 52-week low of $218.48 and a 52-week high of $308.70. The business’s fifty day moving average is $274.90 and its 200 day moving average is $278.24. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.72 and a current ratio of 1.08.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Monday, February 10th. The industrial products company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.61 by $0.22. Rockwell Automation had a return on equity of 30.17% and a net margin of 11.38%. On average, equities research analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Monday, May 19th will be paid a $1.31 dividend. The ex-dividend date is Monday, May 19th. This represents a $5.24 dividend on an annualized basis and a yield of 2.31%. Rockwell Automation’s dividend payout ratio is presently 65.26%.

Rockwell Automation Company Profile

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.