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Matthew W. Fordenwalt, Senior Vice President of Lifecycle Services at Rockwell Automation (NYSE:ROK), recently executed a stock sale as reported in an SEC Form 4 filing. The transaction comes as ROK trades near its 52-week high of $328.90, with the stock showing strong momentum, up nearly 30% over the past year. According to InvestingPro analysis, technical indicators suggest the stock is currently in overbought territory. On June 9, 2025, Fordenwalt sold 289 shares of Rockwell Automation common stock at a weighted average price of $326.33 per share, totaling approximately $94,309. The sale was conducted under a Rule 10b5-1 trading plan, which was established on November 26, 2024, to cover taxes due on restricted stock units that vested on June 6, 2025. Based on InvestingPro’s Fair Value assessment, the stock appears to be trading above its intrinsic value. For deeper insights into insider trading patterns and comprehensive analysis, subscribers can access the full Pro Research Report, available for ROK and 1,400+ other US stocks.
Additionally, on June 6, 2025, Fordenwalt acquired 776 shares through the exercise of restricted stock units, which were converted into common stock. This transaction did not involve any cash exchange. Following these transactions, Fordenwalt holds 3,196 shares directly and 63.9751 shares indirectly through a company savings plan. The company, currently valued at $36.6 billion, maintains a strong financial health profile with good profitability metrics and moderate debt levels.
In other recent news, Rockwell Automation has seen several notable developments. The company surpassed second-quarter consensus expectations, with strong margin performance leading to an updated fiscal year 2025 earnings per share forecast that is 5% higher than anticipated. This performance has prompted Oppenheimer to raise their price target for the company to $304, maintaining an Outperform rating. Barclays (LON:BARC) also upgraded Rockwell Automation to Overweight from Equal Weight, citing the end of a destocking period and a firmer top-line outlook. Meanwhile, KeyBanc Capital Markets increased its price target to $345, highlighting confidence in the company’s competitive market position and operational excellence.
Additionally, TD Cowen upgraded its rating from Sell to Hold, acknowledging effective cost control measures and order stabilization. In product news, Rockwell Automation launched FactoryTalk PharmaSuite 12.00, a manufacturing execution system designed for the pharmaceutical sector, emphasizing system management and cybersecurity. The company’s strategic initiatives, including the opening of a new manufacturing facility in Milwaukee, are seen as efforts to enhance supply chain capabilities and meet growing demand. These developments reflect Rockwell Automation’s ongoing focus on strengthening its market position and addressing industry needs.
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