Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Rockwell Automation, Inc. (NYSE:ROK). In a filing disclosed on March 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Rockwell Automation stock on February 25th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 3/7/2025.
- Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/6/2025.
- Purchased $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/5/2025.
- Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 3/4/2025.
- Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 3/4/2025.
- Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 3/4/2025.
- Sold $15,001 – $50,000 in shares of Alibaba Group (NYSE:BABA) on 3/4/2025.
- Purchased $1,001 – $15,000 in shares of Zoom Video Communications (NASDAQ:ZM) on 3/4/2025.
- Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 3/3/2025.
- Purchased $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/3/2025.
Rockwell Automation Stock Down 3.7 %
Shares of ROK stock opened at $258.22 on Friday. Rockwell Automation, Inc. has a 52-week low of $242.81 and a 52-week high of $308.70. The stock has a market cap of $29.20 billion, a price-to-earnings ratio of 32.16, a PEG ratio of 3.53 and a beta of 1.39. The firm’s 50-day moving average is $278.93 and its 200-day moving average is $278.64. 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 Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 18th were given a $1.31 dividend. This represents a $5.24 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date was Tuesday, February 18th. Rockwell Automation’s dividend payout ratio (DPR) is presently 65.26%.
Institutional Investors Weigh In On Rockwell Automation
A number of institutional investors have recently added to or reduced their stakes in ROK. West Oak Capital LLC boosted its stake in shares of Rockwell Automation by 455.6% in the 4th quarter. West Oak Capital LLC now owns 100 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 82 shares during the last quarter. Bank of Jackson Hole Trust bought a new stake in Rockwell Automation during the fourth quarter valued at $34,000. SBI Securities Co. Ltd. acquired a new position in shares of Rockwell Automation in the 4th quarter valued at about $35,000. Parvin Asset Management LLC bought a new stake in shares of Rockwell Automation during the 4th quarter valued at about $36,000. Finally, Flagship Wealth Advisors LLC acquired a new stake in Rockwell Automation during the fourth quarter worth approximately $38,000. 75.75% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other news, VP Isaac Woods sold 895 shares of the company’s stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $274.72, for a total transaction of $245,874.40. Following the transaction, the vice president now owns 1,198 shares in the company, valued at approximately $329,114.56. This represents a 42.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Terry L. Riesterer sold 850 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $300.21, for a total value of $255,178.50. Following the completion of the sale, the vice president now directly owns 1,633 shares of the company’s stock, valued at $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 three months, insiders sold 4,352 shares of company stock worth $1,246,298. 0.68% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
ROK has been the subject of a number of research analyst reports. Morgan Stanley lifted their price objective on shares of Rockwell Automation from $335.00 to $345.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 12th. Oppenheimer lifted their target price on shares of Rockwell Automation from $300.00 to $320.00 and gave the stock an “outperform” rating in a report on Tuesday, February 11th. Robert W. Baird increased their price target on shares of Rockwell Automation from $305.00 to $315.00 and gave the company an “outperform” rating in a report on Tuesday, February 11th. The Goldman Sachs Group raised their price objective on shares of Rockwell Automation from $257.00 to $290.00 and gave the stock a “sell” rating in a research report on Tuesday, February 11th. Finally, Citigroup upped their target price on Rockwell Automation from $345.00 to $350.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $307.42.
View Our Latest Stock Report on Rockwell Automation
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
Rockwell Automation Company 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.
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