Rockwell Automation, Inc. (NYSE:ROK) is expected to pay $0.76 on Dec 12, 2016. The indicated annual dividend is $3.04. Shareholders owning the stock before Nov 9, 2016 will be eligible to receive the payout. Based on Rockwell Automation, Inc.’s current price of $124.24, the dividend is 0.61%. This dividend’s record date is Nov 14, 2016 and the announcement date is Nov 2, 2016. The stock increased 5.68% or $6.68 during the last trading session, hitting $124.24. Rockwell Automation (NYSE:ROK) has risen 5.56% since April 5, 2016 and is uptrending. It has outperformed by 3.60% the S&P500.
Rockwell Automation, Inc. is a well-known provider of industrial automation power, control and information solutions for manufacturers. The company has a market cap of $15.99 billion. The Firm operates through two divisions: Architecture & Software and Control Products & Solutions. It has a 22.05 P/E ratio. The Architecture & Software segment contains various hardware, software and communication components of the Company’s integrated control and information architecture capable of controlling the customer’s industrial processes and connecting with their manufacturing enterprise.
Insitutional Activity: The institutional sentiment increased to 1 in 2016 Q2. Its up 0.03, from 0.97 in 2016Q1. The ratio improved, as 36 funds sold all Rockwell Automation shares owned while 186 reduced positions. 41 funds bought stakes while 180 increased positions. They now own 89.69 million shares or 11.28% less from 101.09 million shares in 2016Q1.
New York State Common Retirement Fund holds 0.07% or 425,114 shares in its portfolio. Ridgeworth Capital Ltd Liability Corporation has 170,250 shares for 0.18% of their US portfolio. Morgan Stanley owns 118,682 shares or 0% of their US portfolio. Mufg Americas Corp has invested 0% of its portfolio in Rockwell Automation (NYSE:ROK). Bbva Compass Bancshares last reported 1,976 shares in the company. American Rech Management Communication has 25 shares for 0% of their US portfolio. Chicago Equity Prtnrs, a Illinois-based fund reported 15,295 shares. The Ontario – Canada-based Heathbridge Capital Mngmt Ltd has invested 0.01% in Rockwell Automation (NYSE:ROK). Moreover, Dai Ichi Life Ltd has 0.01% invested in Rockwell Automation (NYSE:ROK) for 2,542 shares. State Board Of Administration Of Florida Retirement System last reported 186,394 shares in the company. Eaton Vance Management has 0.36% invested in the company for 1.07M shares. Clifford Swan Counsel holds 0.03% or 3,918 shares in its portfolio. Fiduciary Wi accumulated 1.36M shares or 0.95% of the stock. Kornitzer Cap Ks, a Kansas-based fund reported 78,950 shares. Orrstown Financial has invested 0.06% of its portfolio in Rockwell Automation (NYSE:ROK).
Insider Transactions: Since May 10, 2016, the stock had 0 insider buys, and 12 sales for $6.18 million net activity. Another trade for 4,800 shares valued at $571,891 was made by Chand Sujeet on Monday, August 15. CRANDALL THEODORE D sold $640,322 worth of stock or 5,404 shares. Another trade for 2,000 shares valued at $250,924 was made by Etzel Steven W. on Friday, October 21. Shares for $519,188 were sold by Parfet Donald R. MCCORMICK WILLIAM T JR/WI sold 686 shares worth $77,587. Shares for $1.09 million were sold by Kulaszewicz Frank C on Monday, August 8. HAGERMAN DOUGLAS M had sold 3,500 shares worth $416,548 on Wednesday, August 10.
Rockwell Automation (NYSE:ROK) Ratings Coverage
Out of 16 analysts covering Rockwell Automation (NYSE:ROK), 3 rate it a “Buy”, 4 “Sell”, while 9 “Hold”. This means 19% are positive. Rockwell Automation has been the topic of 31 analyst reports since September 9, 2015 according to StockzIntelligence Inc. The rating was initiated by FBR Capital on Wednesday, May 11 with “Market Perform”. The stock has “Underperform” rating given by Credit Agricole on Wednesday, November 11. Deutsche Bank maintained the shares of ROK in a report on Wednesday, November 11 with “Buy” rating. As per Friday, September 18, the company rating was initiated by Nomura. The rating was downgraded by Bank of America to “Underperform” on Thursday, October 29. Gabelli downgraded the stock to “Hold” rating in Thursday, April 21 report. The firm has “Hold” rating by Langenberg given on Thursday, April 28. The firm earned “Underperform” rating on Thursday, January 28 by Bernstein. The rating was upgraded by Barclays Capital to “Overweight” on Monday, October 24. As per Wednesday, November 11, the company rating was downgraded by CLSA.
More notable recent Rockwell Automation (NYSE:ROK) news were published by: Cnbc.com which released: “Rockwell Automation expects first annual rise in sales in three years” on November 07, 2016, also Reuters.com with their article: “BRIEF-Rockwell Automation Q4 adjusted earnings $1.52/shr” published on November 07, 2016, Bloomberg.com published: “Rockwell Automation Jumps Most Since February on Takeover Report” on October 21, 2016. More interesting news about Rockwell Automation (NYSE:ROK) were released by: Nasdaq.com and their article: “Rockwell Automation (ROK) Q4 Earnings: What’s in the Cards?” published on November 03, 2016 as well as Fool.com‘s news article titled: “Is Rockwell Automation Stock Still a Good Value?” with publication date: October 11, 2016.
ROK Company Profile
Rockwell Automation, Inc. (Rockwell Automation), incorporated on August 29, 1996, is a well-known provider of industrial automation power, control and information solutions for manufacturers. The Firm operates through two divisions: Architecture & Software and Control Products & Solutions. In the United States, Canada and certain other countries the Company sells primarily through the independent distributors. In the remaining countries, the Company sells through a combination of direct sales and sales through distributors. The Firm sells large systems and service offerings through its direct sales force.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.