Capital Fund Management S.A. Sells 32,822 Shares of Rockwell Automation, Inc. (NYSE:ROK)

Capital Fund Management S.A. decreased its position in shares of Rockwell Automation, Inc. (NYSE:ROK - Free Report) by 65.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,498 shares of the industrial products company's stock after selling 32,822 shares during the period. Capital Fund Management S.A.'s holdings in Rockwell Automation were worth $5,001,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. West Oak Capital LLC raised its position in Rockwell Automation by 455.6% in the 4th quarter. West Oak Capital LLC now owns 100 shares of the industrial products company's stock worth $29,000 after purchasing an additional 82 shares during the period. Bank of Jackson Hole Trust purchased a new position in shares of Rockwell Automation in the fourth quarter worth about $34,000. SBI Securities Co. Ltd. bought a new stake in shares of Rockwell Automation in the 4th quarter valued at about $35,000. Flagship Wealth Advisors LLC purchased a new stake in Rockwell Automation during the 4th quarter valued at about $38,000. Finally, Knuff & Co LLC increased its stake in Rockwell Automation by 41.0% in the 4th quarter. Knuff & Co LLC now owns 141 shares of the industrial products company's stock worth $40,000 after purchasing an additional 41 shares during the period. Institutional investors own 75.75% of the company's stock.

Insider Transactions at Rockwell Automation

In other news, SVP Matheus De A. G. Viera Bulho sold 293 shares of the business's stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $257.68, for a total transaction of $75,500.24. Following the completion of the transaction, the senior vice president now directly owns 1,922 shares of the company's stock, valued at $495,260.96. The trade was a 13.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Scott Genereux sold 500 shares of the 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 owns 1,905 shares in the company, valued at approximately $552,716.70. This trade represents a 20.79 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,750 shares of company stock worth $1,075,923 over the last quarter. 0.68% of the stock is currently owned by insiders.

Rockwell Automation Stock Up 1.5 %

Shares of NYSE ROK traded up $3.40 during trading on Friday, reaching $231.51. The company had a trading volume of 1,447,309 shares, compared to its average volume of 867,917. The stock 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 moving average is $263.01 and its 200 day moving average is $275.29. Rockwell Automation, Inc. has a 12-month low of $215.00 and a 12-month high of $308.70. The company has a quick ratio of 0.72, a current ratio of 1.08 and a debt-to-equity ratio of 0.72.

Rockwell Automation (NYSE:ROK - Get Free Report) last issued its earnings results on Monday, February 10th. The industrial products company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.22. Rockwell Automation had a net margin of 11.38% and a return on equity of 30.17%. As a group, equities analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Monday, May 19th will be issued a $1.31 dividend. This represents a $5.24 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date is Monday, May 19th. Rockwell Automation's payout ratio is 65.26%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ROK. BNP Paribas raised shares of Rockwell Automation from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 9th. Loop Capital increased their target price on shares of Rockwell Automation from $260.00 to $280.00 and gave the stock a "hold" rating in a report on Tuesday, February 25th. KeyCorp reduced their target price on Rockwell Automation from $345.00 to $275.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Oppenheimer upped their target price on Rockwell Automation from $300.00 to $320.00 and gave the company an "outperform" rating in a report on Tuesday, February 11th. Finally, Wells Fargo & Company lifted their price target on shares of Rockwell Automation from $315.00 to $337.00 and gave the company an "overweight" rating in a report on Tuesday, February 11th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $297.11.

About Rockwell Automation

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.