Rep. Robert Bresnahan, Jr. Purchases Shares of Rockwell Automation, Inc. (NYSE:ROK)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Rockwell Automation, Inc. (NYSE:ROK). In a filing disclosed on March 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Rockwell Automation stock on February 25th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 3/7/2025.
• Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/6/2025.
• Purchased $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/5/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 3/4/2025.
• Sold $15,001 – $50,000 in shares of Alibaba Group (NYSE:BABA) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Zoom Video Communications (NASDAQ:ZM) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 3/3/2025.
• Purchased $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/3/2025.

Rockwell Automation Stock Down 3.7 %

Shares of Rockwell Automation stock opened at $258.22 on Friday. Rockwell Automation, Inc. has a twelve month low of $242.81 and a twelve month high of $308.70. The company has a quick ratio of 0.72, a current ratio of 1.08 and a debt-to-equity ratio of 0.72. The company’s 50 day moving average is $278.93 and its 200 day moving average is $278.76. The company has a market cap of $29.20 billion, a price-to-earnings ratio of 32.16, a price-to-earnings-growth ratio of 3.53 and a beta of 1.39.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Monday, February 10th. The industrial products company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.22. Rockwell Automation had a return on equity of 30.17% and a net margin of 11.38%. Research analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 18th were paid a $1.31 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $5.24 dividend on an annualized basis and a dividend yield of 2.03%. Rockwell Automation’s dividend payout ratio is presently 65.26%.

Institutional Investors Weigh In On Rockwell Automation

A number of hedge funds have recently made changes to their positions in the company. West Oak Capital LLC increased its stake in Rockwell Automation by 455.6% in the 4th quarter. West Oak Capital LLC now owns 100 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 82 shares during the last quarter. Bank of Jackson Hole Trust bought a new stake in Rockwell Automation in the fourth quarter worth $34,000. SBI Securities Co. Ltd. purchased a new stake in Rockwell Automation during the fourth quarter valued at $35,000. Parvin Asset Management LLC bought a new position in Rockwell Automation during the fourth quarter valued at $36,000. Finally, Flagship Wealth Advisors LLC purchased a new position in shares of Rockwell Automation in the 4th quarter worth $38,000. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ROK. HSBC upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating and set a $355.00 target price for the company in a research report on Wednesday, December 11th. BNP Paribas downgraded shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 11th. The Goldman Sachs Group upped their price objective on Rockwell Automation from $257.00 to $290.00 and gave the stock a “sell” rating in a research note on Tuesday, February 11th. Wells Fargo & Company lifted their target price on Rockwell Automation from $315.00 to $337.00 and gave the company an “overweight” rating in a research report on Tuesday, February 11th. Finally, Barclays reduced their price target on Rockwell Automation from $285.00 to $280.00 and set an “equal weight” rating for the company in a research report on Wednesday. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Rockwell Automation currently has an average rating of “Hold” and a consensus price target of $307.42.

Insider Transactions at Rockwell Automation

In other news, SVP Tessa M. Myers sold 1,231 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $285.43, for a total transaction of $351,364.33. Following the transaction, the senior vice president now owns 3,650 shares of the company’s stock, valued at approximately $1,041,819.50. The trade was a 25.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Scott Genereux sold 500 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $290.14, for a total value of $145,070.00. Following the completion of the sale, the vice president now owns 1,905 shares of the company’s stock, valued at approximately $552,716.70. This represents a 20.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,352 shares of company stock worth $1,246,298 in the last three months. Insiders own 0.68% of the company’s stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Rockwell Automation Company Profile

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.