Rockwell Automation, Inc. (NYSE:ROK) Shares Sold by Kintegral Advisory LLC

Kintegral Advisory LLC trimmed its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 4.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,501 shares of the industrial products company’s stock after selling 117 shares during the quarter. Kintegral Advisory LLC’s holdings in Rockwell Automation were worth $715,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Gladstone Institutional Advisory LLC lifted its holdings in shares of Rockwell Automation by 33.2% during the third quarter. Gladstone Institutional Advisory LLC now owns 1,377 shares of the industrial products company’s stock worth $370,000 after purchasing an additional 343 shares during the period. MCF Advisors LLC raised its position in Rockwell Automation by 95.8% during the 4th quarter. MCF Advisors LLC now owns 2,332 shares of the industrial products company’s stock worth $667,000 after buying an additional 1,141 shares during the last quarter. Ameritas Advisory Services LLC lifted its stake in shares of Rockwell Automation by 99.1% in the 4th quarter. Ameritas Advisory Services LLC now owns 5,187 shares of the industrial products company’s stock worth $1,482,000 after acquiring an additional 2,582 shares during the period. GSA Capital Partners LLP acquired a new stake in shares of Rockwell Automation in the 3rd quarter worth $912,000. Finally, Nomura Asset Management Co. Ltd. boosted its holdings in shares of Rockwell Automation by 6.0% in the third quarter. Nomura Asset Management Co. Ltd. now owns 34,209 shares of the industrial products company’s stock valued at $9,184,000 after acquiring an additional 1,928 shares in the last quarter. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, CEO Blake D. Moret sold 26,700 shares of Rockwell Automation stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $298.63, for a total value of $7,973,421.00. Following the completion of the sale, the chief executive officer now directly owns 78,115 shares of the company’s stock, valued at approximately $23,327,482.45. The trade was a 25.47 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Terry L. Riesterer sold 850 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $300.21, for a total value of $255,178.50. Following the transaction, the vice president now directly owns 1,633 shares in the company, valued at approximately $490,242.93. This represents a 34.23 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 36,240 shares of company stock worth $10,800,555 over the last ninety days. 0.68% of the stock is currently owned by corporate insiders.

Rockwell Automation Trading Down 2.7 %

Shares of Rockwell Automation stock opened at $294.95 on Friday. Rockwell Automation, Inc. 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. The business has a 50 day moving average price of $286.31 and a 200 day moving average price of $277.35. The company has a market capitalization of $33.35 billion, a P/E ratio of 36.73, a P/E/G ratio of 3.53 and a beta of 1.35.

Rockwell Automation (NYSE:ROK) last released its quarterly 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%. Sell-side analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 18th will be issued a dividend of $1.31 per share. The ex-dividend date is Tuesday, February 18th. This represents a $5.24 dividend on an annualized basis and a dividend yield of 1.78%. Rockwell Automation’s dividend payout ratio (DPR) is presently 65.26%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Barclays raised their price objective on shares of Rockwell Automation from $285.00 to $300.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 11th. UBS Group started coverage on Rockwell Automation in a report on Wednesday, November 13th. They issued a “neutral” rating and a $313.00 price target for the company. The Goldman Sachs Group lifted their price target on Rockwell Automation from $257.00 to $290.00 and gave the company a “sell” rating in a research note on Tuesday, February 11th. Stephens upgraded Rockwell Automation from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $275.00 to $350.00 in a research report on Thursday, January 16th. Finally, BNP Paribas lowered shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, Rockwell Automation presently has a consensus rating of “Hold” and a consensus price target of $308.05.

Rockwell Automation 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.