Rockwell Automation’s chief revenue officer sells shares worth $501,857

Published 04/03/2025, 00:24
Rockwell Automation’s chief revenue officer sells shares worth $501,857

Scott Genereux, the Senior Vice President and Chief Revenue Officer at Rockwell Automation, Inc. (NYSE:ROK), a $31.4 billion industrial automation company, recently executed a series of stock sales. According to the latest SEC filing, Genereux sold a total of 1,750 shares of Rockwell Automation common stock across two transactions. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with multiple valuation metrics showing premium levels.

The first transaction, dated February 28, involved the sale of 1,250 shares at a price of $285.43 per share. Following this, on March 3, Genereux sold an additional 500 shares at a weighted average price of $290.14 per share, with individual sale prices ranging from $290 to $290.1750. These transactions were conducted as part of a pre-established Rule 10b5-1 trading plan, which Genereux entered into on November 26, 2024. The stock, which has maintained dividend payments for 55 consecutive years and carries a 1.88% yield, currently trades near $278, with analysts setting price targets between $215 and $365.

The total value of these sales amounted to approximately $501,857. After these transactions, Genereux retains ownership of 1,905 shares of Rockwell Automation common stock. For comprehensive insider trading analysis and 12 additional exclusive insights about ROK, visit InvestingPro, where you’ll find detailed Pro Research Reports covering what really matters for informed investment decisions.

In other recent news, Rockwell Automation has seen several adjustments to its price targets and ratings from major financial firms. UBS maintained its Neutral rating with a $313 target, noting that Rockwell’s fiscal first-quarter results surpassed expectations with a segment operating profit exceeding estimates by 7%. Despite an 8% decline in organic growth, earnings per share were higher than anticipated. KeyBanc reaffirmed an Overweight rating and a $345 target, citing strong performance and impressive margins following the company’s first-quarter 2025 earnings, which exceeded expectations.

Oppenheimer raised its price target to $320 from $300, maintaining an Outperform rating after Rockwell Automation surpassed its first-quarter adjusted earnings per share consensus estimate. The firm highlighted Rockwell’s commitment to enhancing baseline profitability and noted positive order trends. JPMorgan increased its price target to $248 from $240, yet kept an Underweight rating, acknowledging a modest improvement in financial estimates but expressing caution about meeting ambitious earnings forecasts. Loop Capital also raised its price target to $280, maintaining a Hold rating, and expressed confidence in Rockwell’s fiscal year 2025 guidance based on robust first-quarter results.

These developments reflect a nuanced view of Rockwell Automation’s financial health and growth prospects, with analysts closely monitoring the company’s ability to capitalize on market opportunities.

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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