Rockwell Automation executive sells shares worth $1.58 million

Published 13/05/2025, 00:46
Rockwell Automation executive sells shares worth $1.58 million

Rebecca W. House, the Senior Vice President, Chief Legal Officer, and Secretary at Rockwell Automation, Inc. (NYSE:ROK), executed a sale of 5,200 shares of the company’s common stock on May 12, 2025. The shares were sold at a weighted average price ranging from $304.0402 to $305.4704, totaling approximately $1.58 million. The sale comes as Rockwell Automation, currently valued at $33.8 billion, trades near its 52-week high of $308.69, with InvestingPro data indicating the stock is in overbought territory.

The transactions were part of a Rule 10b5-1 trading plan, which allows corporate insiders to set up a predetermined plan to sell company stock in order to avoid insider trading accusations. Following these transactions, House’s direct ownership in Rockwell Automation stands at 9,787 shares. The company maintains a "GOOD" financial health score according to InvestingPro analysis, though it currently trades at elevated multiples with a P/E ratio of 37.7x.

In addition to the sales, House exercised stock options to acquire 5,200 shares of common stock at a price of $192.86 per share, totaling $1,002,872. These exercises and subsequent sales were conducted on the same day. For deeper insights into insider trading patterns and comprehensive analysis of Rockwell Automation, including 13 additional ProTips and detailed valuation metrics, visit InvestingPro.

In other recent news, Rockwell Automation has seen several positive developments that are noteworthy for investors. The company reported second-quarter results that surpassed expectations, largely due to robust margin performance. This has led to increased earnings per share forecasts, with Oppenheimer revising its fiscal year 2025 forecast to be 5% higher than market expectations. Morgan Stanley (NYSE:MS) also highlighted Rockwell’s significant cost-cutting measures, which have improved margins by approximately 140 basis points, and raised the stock target to $350, maintaining an Overweight rating. Similarly, KeyBanc increased its price target to $330, citing effective operational excellence initiatives and consistent order momentum.

Additionally, TD Cowen upgraded Rockwell Automation’s stock from Sell to Hold, acknowledging the company’s effective cost control measures and stabilized orders. JPMorgan also upgraded its rating from Underweight to Neutral, increasing the price target to $271, based on improved margins and potential for above-average incremental margins by 2026. These upgrades and revised price targets from multiple firms reflect a more optimistic outlook on Rockwell Automation’s financial trajectory, despite ongoing macroeconomic uncertainties.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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