Rockwell Automation Inc (NYSE: ROK) is -9.79% lower on its value in year-to-date trading and has touched a low of $242.81 and a high of $312.76 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ROK stock was last observed hovering at around $278.14 in the last trading session, with the day’s gains setting it 1.94%.
Currently trading at $280.08, the stock is 1.61% and 3.57% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing 0.70% at the moment leaves the stock 3.21% off its SMA200. ROK registered 3.30% gain for a year compared to 6-month loss of 3.42%. The firm has a 50-day simple moving average (SMA 50) of $270.4218 and a 200-day simple moving average (SMA200) of $271.3647.
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The stock witnessed a 4.20% gain in the last 1 month and extending the period to 3 months gives it a 6.48%, and is -2.26% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.79% over the week and 2.23% over the month.
Rockwell Automation Inc (ROK) has around 27000 employees, a market worth around $31.62B and $8.26B in sales. Current P/E ratio is 33.81 and Fwd P/E is 25.27. Profit margin for the company is 11.48%. Distance from 52-week low is 15.35% and -10.45% from its 52-week high. The company has generated returns on investments over the last 12 months (14.78%).
The EPS is expected to shrink by -2.52% this year
1570.0 institutions hold shares in Rockwell Automation Inc (ROK), with institutional investors hold 84.75% of the company’s shares. The shares outstanding are 113.10M, and float is at 112.66M with Short Float at 1.84%. Institutions hold 84.55% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 14.0 million shares valued at $3.85 billion. The investor’s holdings represent 12.2516 of the ROK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.06 million shares valued at $2.5 billion to account for 7.9307 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 5.99 million shares representing 5.2368 and valued at over $1.65 billion, while STATE STREET CORP holds 4.0562 of the shares totaling 4.64 million with a market value of $1.28 billion.
Rockwell Automation Inc (ROK) Insider Activity
The most recent transaction is an insider sale by MILLER JOHN M, the company’s VP and Chief IP Counsel. SEC filings show that MILLER JOHN M sold 467 shares of the company’s common stock on Nov 18 ’24 at a price of $284.07 per share for a total of $0.13 million. Following the sale, the insider now owns 4800.0 shares.
Still, SEC filings show that on Nov 11 ’24, Rothe Christian E (Sr. VP and CFO) acquired 6,145 shares at an average price of $274.63 for $1.69 million. The insider now directly holds 6,145 shares of Rockwell Automation Inc (ROK).
