Sci-tech

Rockwell Automation's profit rises 10.5 pct

Price-to-free-cash-flow (P/FCF) of 38.22 gives an overview of the equity valuation for Rockwell Automation Inc. PGGM Investments now owns 716,358 shares of the company's stock worth $82,252,000 after buying an additional 288,050 shares during the last quarter.

A number of other large investors also recently added to or reduced their stakes in ROK.

Dempze Nancy E boosted its position in shares of Rockwell Automation, Inc.

On an adjusted basis, the Milwaukee, Wisconsin-based company earned $1.69 per share. $779,100 worth of Rockwell Automation (NYSE:ROK) shares were sold by Kulaszewicz Frank C. Vanguard Group Inc. now owns 8,769,308 shares of the industrial products company's stock valued at $1,420,278,000 after acquiring an additional 268,101 shares in the last quarter. Hemenway Trust Co LLC increased its holdings in Rockwell Automation by 1.9% during the 3rd quarter. State Street Corp now owns 5,749,538 shares of the industrial products company's stock valued at $895,260,000 after acquiring an additional 76,191 shares in the last quarter. Ltd. grew its stake in shares of Rockwell Automation by 109.6% during the third quarter. PGGM Investments raised its stake in Rockwell Automation by 67.3% in the second quarter. State of Wisconsin Investment Board now owns 113,449 shares of the industrial products company's stock valued at $20,218,000 after buying an additional 1,220 shares during the last quarter. (NYSE:ROK) traded down $6.94 on Wednesday, hitting $193.90. For the most recent quarter, quick ratio was 1.8, current ratio was 2, LT Debt/Equity ratio was 0.57 and Total Debt/Equity ratio stands at 0.85, while Payout ratio is 0.479. The stock has a market cap of $25,264.94, a P/E ratio of 29.91, a PEG ratio of 2.37 and a beta of 1.24. Rockwell Automation (NYSE:ROK) has risen 42.76% since November 8, 2016 and is uptrending. FBR Capital initiated the shares of ROK in report on Wednesday, May 11 with "Market Perform" rating. The firm had revenue of $1.67 billion during the quarter, compared to analysts' expectations of $1.67 billion. During the same quarter in the prior year, the business posted $1.57 EPS. Seven analysts surveyed by Zacks expected $1.66 billion.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Monday, November 13th will be issued a dividend of $0.835 per share. This represents a $3.34 annualized dividend and a dividend yield of 1.72%. (NYSE:PM) were released by: Businesswire.com and their article: "Philip Morris International Outlines Its Scientific Assessment Program and ..." published on November 02, 2017 as well as Seekingalpha.com's news article titled: "Philip Morris: Look Out" with publication date: October 23, 2017. Chevy Chase holds 0.09% of its portfolio in Rockwell Automation (NYSE:ROK) for 111,117 shares. Amica Mutual Insur Communications reported 0.17% in Rockwell Automation (NYSE:ROK). Also, insider Blake D. Moret sold 1,723 shares of the business's stock in a transaction on Thursday, September 14th. $130.56's average target is -33.94% below currents $197.64 stock price. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The Stock shows P/E value of 0 and Forward P/E of 69.97. Following the sale, the insider now directly owns 22,849 shares of the company's stock, valued at approximately $3,885,700.94. The disclosure for this sale can be found here. Insiders sold a total of 10,400 shares of company stock worth $1,753,821 in the last quarter. Institutional investors and hedge funds own 73.79% of the company's stock.

Several brokerages recently weighed in on ROK. First Foundation Advsrs holds 0.03% of its portfolio in Rockwell Automation (NYSE:ROK) for 3,066 shares. Stifel Nicolaus reaffirmed a "hold" rating and set a $183.00 price objective on shares of Rockwell Automation in a research report on Thursday, October 12th.

Winslow Evans & Crocker Inc increased Rockwell Automation Inc (ROK) stake by 92.27% reported in 2017Q2 SEC filing. Morgan Stanley set a $109.00 target price on Rockwell Automation and gave the company a "sell" rating in a research report on Wednesday, September 28th. Pinebridge Ltd Partnership reported 0% in Rockwell Automation (NYSE:ROK). A ratio under 1 points out that the company's liabilities are higher than its assets and indicates that the company may be unable to pay off its obligations when they fall short.

Among 26 analysts covering Rockwell Automation (NYSE:ROK), 4 have Buy rating, 3 Sell and 19 Hold. The stock has a consensus rating of "Hold" and a consensus price target of $164.07.

COPYRIGHT VIOLATION WARNING: "Fort Pitt Capital Group LLC Lowers Holdings in Rockwell Automation, Inc".

Winslow Evans & Crocker Inc decreased Oppenheimer Rev Weightd Etf stake by 176 shares to 730 valued at $41.13 million in 2017Q2.

TRADEMARK VIOLATION NOTICE: This piece was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes.

Rockwell Automation, Inc (Rockwell Automation) is a provider of industrial automation power, control and information solutions for manufacturers. The Company's other product candidates include POSIMIR, REMOXY (oral controlled release oxycodone), ORADUR-ADHD, ELADUR (controlled release injection of bupivicane), Relday (risperidone), ORADUR opioid (hydromorphone) and SABER ophthalmic.



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