November 28, 2016 - By Richard Conner
An insider of the company Rockwell Automation Inc, Frank Kulaszewicz also its SVP, disclosed his selling activities with the DC-based SEC on November 28, 2016. As reported in the document, Frank had unloaded 1,500 shares of the company. The total insider trade was worth $197,516 US Dollars. At the time of the deal the price of a share was $131.7. He also sold 2,000 shares that are worth $259,093 USD in the last month. Frank Kulaszewicz currently owns 26,614 shares or 0.02% of the company’s total market cap (Market Capitalization is a measurement of business value based on share price and number of shares outstanding).
Out of 16 analysts covering Rockwell Automation (NYSE:ROK), 3 rate it a “Buy”, 4 “Sell”, while 9 “Hold”. This means 19% are positive. $141 is the highest target while $85 is the lowest. The $109.46 average target is -16.49% below today’s ($131.07) stock price. Rockwell Automation has been the topic of 31 analyst reports since September 9, 2015 according to StockzIntelligence Inc. CLSA downgraded Rockwell Automation (NYSE:ROK) on Wednesday, November 11 to “Underperform” rating. The stock of Rockwell Automation (NYSE:ROK) earned “Overweight” rating by Barclays Capital on Monday, October 24. The stock has “Neutral” rating given by Nomura on Friday, September 18. On Tuesday, April 19 the stock rating was maintained by Citigroup with “Neutral”. The firm earned “Hold” rating on Thursday, April 21 by Gabelli. The rating was initiated by FBR Capital on Wednesday, May 11 with “Market Perform”. The firm has “Equal-Weight” rating given on Monday, October 5 by Barclays Capital. On Monday, October 3 the stock rating was initiated by Berenberg with “Sell”. HSBC initiated the stock with “Hold” rating in Friday, October 7 report. The firm has “Underperform” rating by Bernstein given on Thursday, January 28.
Insitutional Activity: The institutional sentiment increased to 1.05 in 2016 Q2. Its up 0.05, from 1 in 2016Q1. The ratio increased, 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.
Ncm Capital Advisers accumulated 4,587 shares or 1.51% of the stock. Macquarie Group Inc Limited holds 0% of its portfolio in Rockwell Automation (NYSE:ROK) for 4,000 shares. Moreover, Gam Ag has 0.05% invested in Rockwell Automation (NYSE:ROK) for 29,973 shares. Teachers Advisors owns 191,024 shares or 0.04% of their US portfolio. Jane Street Gp Llc accumulated 7,530 shares or 0% of the stock. Trillium Asset Management Lc has 60,675 shares for 0.46% of their US portfolio. Midas Mngmt Corp holds 0.67% of its portfolio in Rockwell Automation (NYSE:ROK) for 10,300 shares. Tokio Marine Asset Mgmt, a Japan-based fund reported 3,571 shares. Swedbank last reported 1.85 million shares in the company. The Iowa-based Dubuque Bankshares & Com has invested 0.02% in Rockwell Automation (NYSE:ROK). Commonwealth Of Pennsylvania Pub School Empls Retrmt has 10,430 shares for 0.02% of their US portfolio. Wetherby Asset Mgmt accumulated 0.06% or 2,322 shares. The Massachusetts-based Ngam Ltd Partnership has invested 0.09% in Rockwell Automation (NYSE:ROK). Pensionfund Dsm Netherlands last reported 0.5% of its portfolio in the stock. Lyons Wealth Management Ltd Company reported 7,440 shares or 1.29% of all its holdings.
Insider Transactions: Since June 6, 2016, the stock had 0 insider purchases, and 26 sales for $28.21 million net activity. DORGAN DAVID M sold $763,647 worth of stock or 6,000 shares. On Friday, November 11 MILLER JOHN M sold $1.24 million worth of the stock or 9,433 shares. Another trade for 9,700 shares valued at $1.16 million was made by HAGERMAN DOUGLAS M on Tuesday, August 23. Shares for $571,891 were sold by Chand Sujeet. On Friday, November 11 the insider Kulaszewicz Frank C sold $259,093. Another trade for 11,300 shares valued at $1.42 million was sold by CRANDALL THEODORE D. The insider Etzel Steven W. sold 2,000 shares worth $250,924.
About 843,099 shares traded hands. Rockwell Automation (NYSE:ROK) has risen 15.81% since April 25, 2016 and is uptrending. It has outperformed by 9.80% 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 $16.87 billion. The Firm operates through two divisions: Architecture & Software and Control Products & Solutions. It has a 23.46 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.
According to Zacks Investment Research, “Rockwell Automation is a leading global provider of industrial automation power, control and information solutions that help customers meet their manufacturing productivity objectives. The Company brings together leading brands in industrial automation for Complete Automation solutions, including Allen-Bradley controls and services, Dodge mechanical power transmission products, Reliance Electric motors and drives, and Rockwell Software factory management software.”
Analysts await Rockwell Automation (NYSE:ROK) to report earnings on January, 25. They expect $1.43 EPS, down 4.03% or $0.06 from last year’s $1.49 per share. ROK’s profit will be $184.06M for 22.91 P/E if the $1.43 EPS becomes a reality. After $1.52 actual EPS reported by Rockwell Automation for the previous quarter, Wall Street now forecasts -5.92% negative EPS growth.
More important recent Rockwell Automation (NYSE:ROK) news were published by: Businesswire.com which released: “Rockwell Automation Invests $12M to Bring Science and Technology to Next ..” on November 14, 2016, also Jsonline.com published article titled: “Rockwell Automation predicts annual sales increase”, Nasdaq.com published: “Rockwell Automation (ROK) Q4 Earnings: What’s in the Cards?” on November 03, 2016. More interesting news about Rockwell Automation (NYSE:ROK) was released by: Businesswire.com and their article: “RF IDeas to Present at Rockwell Automation Fair in Atlanta” with publication date: November 04, 2016.
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.
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