The Dempze Nancy E Acquires 5 Shares of Rockwell Automation, Inc. (ROK), Report finds

The Dempze Nancy E Acquires 5 Shares of Rockwell Automation, Inc. (ROK), Report finds

Other institutional investors have also modified their holdings of the company. TLP Group LLC acquired a new position in shares of Rockwell Automation during the third quarter valued at $138,000. Penserra Capital Management LLC boosted its position in shares of Rockwell Automation by 95.4% in the third quarter. Penserra Capital Management LLC now owns 1,225 shares of the company’s stock valued at $149,000 after buying an additional 598 shares during the period. NEXT Financial Group Inc boosted its position in shares of Rockwell Automation by 34.5% in the third quarter. NEXT Financial Group Inc now owns 1,309 shares of the company’s stock valued at $160,000 after buying an additional 336 shares during the period. SRB Corp boosted its position in shares of Rockwell Automation by 5.0% in the third quarter. SRB Corp now owns 1,327 shares of the company’s stock valued at $162,000 after buying an additional 63 shares during the period. Finally, CWM LLC boosted its position in shares of Rockwell Automation by 108.4% in the third quarter. CWM LLC now owns 1,632 shares of the company’s stock valued at $200,000 after buying an additional 849 shares during the period. Hedge funds and other institutional investors own 72.56% of the company’s stock.

Dempze Nancy E raised its stake in Rockwell Automation, Inc. (NYSE:ROK) by 0.1% during the third quarter, Holdings Channel reports. The firm owned 5,200 shares of the company’s stock after buying an additional 5 shares during the period. Dempze Nancy E’s holdings in Rockwell Automation were worth $635,000 as of its most recent SEC filing.

Rockwell Automation, Inc. (NYSE:ROK) opened at 151.45 on Monday. The stock has a market capitalization of $19.48 billion, a price-to-earnings ratio of 26.08 and a beta of 1.07. Rockwell Automation, Inc. has a 1-year low of $96.34 and a 1-year high of $155.44. The firm’s 50-day moving average is $143.10 and its 200 day moving average is $127.34.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Wednesday, January 25th. The company reported $1.75 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.45 by $0.30. The business earned $1.49 billion during the quarter, compared to the consensus estimate of $1.42 billion. Rockwell Automation had a return on equity of 38.57% and a net margin of 12.77%. The business’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.49 EPS. Equities analysts anticipate that Rockwell Automation, Inc. will post $6.29 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 10th. Stockholders of record on Tuesday, February 21st will be paid a dividend of $0.76 per share. This represents a $3.04 annualized dividend and a dividend yield of 2.01%. The ex-dividend date is Thursday, February 16th. Rockwell Automation’s payout ratio is 52.23%.

A number of research firms have commented on ROK. Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Rockwell Automation in a research note on Saturday, November 12th. Zacks Investment Research upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating and set a $171.00 target price on the stock in a research note on Friday, January 27th. Sanford C. Bernstein restated a “market perform” rating on shares of Rockwell Automation in a research note on Thursday, December 15th. Bank of America Corporation upgraded shares of Rockwell Automation from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $110.00 to $143.00 in a research note on Monday, January 9th. Finally, Buckingham Research upgraded shares of Rockwell Automation from a “neutral” rating to a “buy” rating and set a $162.00 target price on the stock in a research note on Friday, January 20th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $130.36.

In related news, SVP Frank C. Kulaszewicz sold 1,500 shares of the stock in a transaction on Wednesday, November 23rd. The stock was sold at an average price of $131.68, for a total value of $197,520.00. Following the completion of the transaction, the senior vice president now directly owns 27,740 shares of the company’s stock, valued at approximately $3,652,803.20. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider John P. Mcdermott sold 418 shares of the stock in a transaction on Monday, December 5th. The shares were sold at an average price of $136.02, for a total value of $56,856.36. Following the completion of the transaction, the insider now directly owns 37,147 shares of the company’s stock, valued at $5,052,734.94. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 192,350 shares of company stock valued at $27,164,236. Corporate insiders own 1.65% of the company’s stock.

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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