Rep. Tim Moore Sells Off Shares of Rockwell Automation, Inc. (NYSE:ROK)

Representative Tim Moore (R-North Carolina) recently sold shares of Rockwell Automation, Inc. (NYSE:ROK). In a filing disclosed on March 11th, the Representative disclosed that they had sold between $15,001 and $50,000 in Rockwell Automation stock on February 21st.

Representative Tim Moore also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of General Dynamics (NYSE:GD) on 2/20/2025.
• Purchased $15,001 – $50,000 in shares of Ford Motor (NYSE:F) on 2/13/2025.
• Purchased $50,001 – $100,000 in shares of Harley-Davidson (NYSE:HOG) on 2/12/2025.
• Sold $50,001 – $100,000 in shares of Harley-Davidson (NYSE:HOG) on 2/12/2025.
• Sold $100,001 – $250,000 in shares of Harley-Davidson (NYSE:HOG) on 2/10/2025.
• Purchased $15,001 – $50,000 in shares of Ford Motor (NYSE:F) on 2/10/2025.
• Purchased $50,001 – $100,000 in shares of Ford Motor (NYSE:F) on 2/7/2025.
• Purchased $15,001 – $50,000 in shares of Ford Motor (NYSE:F) on 2/6/2025.
• Purchased $100,001 – $250,000 in shares of Harley-Davidson (NYSE:HOG) on 2/6/2025.
• Sold $50,001 – $100,000 in shares of Ford Motor (NYSE:F) on 2/5/2025.

Rockwell Automation Stock Performance

Shares of NYSE ROK traded down $3.92 during midday trading on Thursday, reaching $258.06. The company had a trading volume of 93,455 shares, compared to its average volume of 826,610. The stock has a market cap of $29.18 billion, a P/E ratio of 32.17, a P/E/G ratio of 3.53 and a beta of 1.39. The company has a current ratio of 1.08, a quick ratio of 0.72 and a debt-to-equity ratio of 0.72. Rockwell Automation, Inc. has a 1 year low of $242.81 and a 1 year high of $308.70. The business’s 50-day simple moving average is $283.06 and its 200 day simple moving average is $278.81.

Rockwell Automation (NYSE:ROK) last released its earnings results 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 return on equity of 30.17% and a net margin of 11.38%. On average, analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 18th were given a dividend of $1.31 per share. This represents a $5.24 annualized dividend and a yield of 2.03%. The ex-dividend date was Tuesday, February 18th. Rockwell Automation’s dividend payout ratio is presently 65.26%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on ROK shares. Robert W. Baird lifted their price objective on Rockwell Automation from $305.00 to $315.00 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. Morgan Stanley boosted their price target on Rockwell Automation from $335.00 to $345.00 and gave the company an “overweight” rating in a report on Wednesday, February 12th. Jefferies Financial Group raised shares of Rockwell Automation from a “hold” rating to a “buy” rating and lifted their target price for the company from $290.00 to $350.00 in a report on Thursday, December 12th. Barclays decreased their target price on shares of Rockwell Automation from $300.00 to $285.00 and set an “equal weight” rating for the company in a research note on Monday. Finally, Wells Fargo & Company lifted their price objective 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 research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $307.68.

Institutional Trading of Rockwell Automation

Hedge funds have recently bought and sold shares of the business. Meiji Yasuda Asset Management Co Ltd. grew its position in shares of Rockwell Automation by 0.9% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 3,775 shares of the industrial products company’s stock valued at $1,079,000 after purchasing an additional 33 shares in the last quarter. Whittier Trust Co. boosted its stake in Rockwell Automation by 1.9% during the fourth quarter. Whittier Trust Co. now owns 1,896 shares of the industrial products company’s stock worth $542,000 after buying an additional 35 shares during the last quarter. Prospera Financial Services Inc grew its holdings in Rockwell Automation by 0.9% in the 3rd quarter. Prospera Financial Services Inc now owns 4,033 shares of the industrial products company’s stock valued at $1,083,000 after buying an additional 37 shares in the last quarter. Bank Pictet & Cie Europe AG increased its stake in shares of Rockwell Automation by 0.9% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 4,195 shares of the industrial products company’s stock worth $1,199,000 after acquiring an additional 38 shares during the last quarter. Finally, Lake Street Advisors Group LLC raised its holdings in shares of Rockwell Automation by 3.0% during the 4th quarter. Lake Street Advisors Group LLC now owns 1,351 shares of the industrial products company’s stock worth $386,000 after acquiring an additional 39 shares during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.

Insider Activity

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

About Representative Moore

Timothy K. Moore (Republican Party) is a member of the U.S. House, representing North Carolina’s 14th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Moore (Republican Party) ran for election to the U.S. House to represent North Carolina’s 14th Congressional District. He won in the general election on November 5, 2024.

Moore served as speaker of the House from 2015 to 2025.

Timothy Moore earned his B.A. from the University of North Carolina-Chapel Hill in 1992 and his J.D. from the Oklahoma City University School of Law in 1995. His professional experience includes working as an attorney.

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.