2 weeks Ago By ABMN Staff
Summit Investment Advisors Inc. trimmed its holdings in Rockwell Automation, Inc. ( NYSE:ROK – Free Report ) by 4.
3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,100 shares of the industrial products company’s stock after selling 49 shares during the quarter. Summit Investment Advisors Inc.
’s holdings in Rockwell Automation were worth $314,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also added to or reduced their stakes in ROK. Wellington Management Group LLP lifted its position in shares of Rockwell Automation by 7.
3% during the third quarter. Wellington Management Group LLP now owns 789 shares of the industrial products company’s stock worth $212,000 after purchasing an additional 54 shares in the last quarter. Virtu Financial LLC acquired a new position in Rockwell Automation during the 3rd quarter worth $1,348,000.
Wilmington Savings Fund Society FSB bought a new position in Rockwell Automation in the 3rd quarter valued at $464,000. Tidal Investments LLC raised its position in shares of Rockwell Automation by 4.3% during the third quarter.
Tidal Investments LLC now owns 8,404 shares of the industrial products company’s stock worth $2,256,000 after acquiring an additional 350 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in shares of Rockwell Automation by 5.
8% during the third quarter. Principal Financial Group Inc. now owns 204,679 shares of the industrial products company’s stock worth $54,948,000 after acquiring an additional 11,161 shares during the last quarter.
Institutional investors and hedge funds own 75.75% of the company’s stock. Insider Activity at Rockwell Automation In other news, SVP Matheus De A.
G. Viera Bulho sold 293 shares of Rockwell Automation stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $257.
68, for a total value of $75,500.24. Following the completion of the transaction, the senior vice president now owns 1,922 shares of the company’s stock, valued at $495,260.
96. This trade represents a 13.23 % decrease in their position.
The sale was disclosed in a legal filing with the SEC, which is available at this link . Also, VP Terry L. Riesterer sold 850 shares of the company’s stock in a transaction dated Wednesday, February 12th.
The shares were sold at an average price of $300.21, for a total transaction of $255,178.50.
Following the completion of the sale, the vice president now directly owns 1,633 shares in the company, valued at approximately $490,242.93. The trade was a 34.
23 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last ninety days, insiders sold 3,750 shares of company stock valued at $1,075,923.
Insiders own 0.68% of the company’s stock. Analyst Upgrades and Downgrades View Our Latest Research Report on Rockwell Automation Rockwell Automation Stock Up 1.
5 % Shares of Rockwell Automation stock opened at $231.51 on Monday. The firm has a market cap of $26.
18 billion, a PE ratio of 28.83, a P/E/G ratio of 3.53 and a beta of 1.
39. The business’s 50 day simple moving average is $263.01 and its 200 day simple moving average is $275.
43. 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, Inc.
has a 52-week low of $215.00 and a 52-week high of $308.70.
Rockwell Automation ( NYSE:ROK – Get Free Report ) last announced its quarterly earnings data on Monday, February 10th. The industrial products company reported $1.83 EPS for the quarter, topping 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%. On average, analysts predict that Rockwell Automation, Inc.
will post 9.35 earnings per share for the current fiscal year. Rockwell Automation Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th.
Investors of record on Monday, May 19th will be issued a dividend of $1.31 per share. The ex-dividend date of this dividend is Monday, May 19th.
This represents a $5.24 annualized dividend and a yield of 2.26%.
Rockwell Automation’s payout ratio is presently 65.26%. Rockwell Automation Company Profile ( Free Report ) 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. Read More Receive News & Ratings for Rockwell Automation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rockwell Automation and related companies with MarketBeat.
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