Based Rockwell Automation to consider second takeover bid from St. Louis' Emerson

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Emerson Electric shares dipped $1.19 to $57.91. It also increased its holding in Pricesmart Inc (NASDAQ:PSMT) by 11,100 shares in the quarter, for a total of 200,100 shares, and has risen its stake in Apollo Global Mgmt Llc (NYSE:APO). The 10-year historical median operating margin of Rockwell Automation Inc is 16.34%.

The proposal stands as a part-cash, part-share transaction, with shareholders expected to receive $135 in cash and $90 in Emerson shares per Rockwell share, should the offer be accepted. Oppenheimer Holdings, Inc. reiterated a "hold" rating on shares of Rockwell Automation in a research report on Saturday, November 12th. Sun Life Financial INC now owns 945 shares of the industrial products company's stock valued at $153,000 after acquiring an additional 934 shares in the last quarter. Fooks Elik I sold $477,113 worth of Rockwell Automation (NYSE:ROK) on Monday, May 22. "(ROK)" was originally posted by TrueBlueTribune and is owned by of TrueBlueTribune. If you are viewing this report on another publication, it was illegally stolen and republished in violation of worldwide copyright & trademark law. The correct version of this piece can be viewed at https://stocknewstimes.com/2017/11/16/rockwell-automation-inc-rok-position-boosted-by-mitsubishi-ufj-kokusai-asset-management-co-ltd.html. They expect $0.83 EPS, up 1.22% or $0.01 from last year's $0.82 per share. (ROK) traded up $6.97 during trading on Thursday, reaching $195.70. About 1.66M shares traded or 120.54% up from the average. The Gross Margin Score of Rockwell Automation Inc. The firm has a market capitalization of $24,591.06, a price-to-earnings ratio of 28.38, a P/E/G ratio of 2.19 and a beta of 1.24. Marketfield Asset Management Llc sold 4,983 shares as the company's stock rose 3.58% with the market.

Analysts await Rockwell Automation (NYSE:ROK) to report earnings on January, 24. The firm had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.67 billion. The Return on Assets for Rockwell Automation Inc.

For the last quarter Rockwell Automation Inc reported a revenue of $1.7 billion, compared with the revenue of $1.5 billion during the same period a year ago. Rockwell's CEO Blake Moret said last week he wanted to stick with delivering the company's factory automation equipment on one platform.

Based Rockwell Automation to consider second takeover bid from St. Louis' Emerson
Based Rockwell Automation to consider second takeover bid from St. Louis' Emerson

The company also recently declared a quarterly dividend, which will be paid on Monday, December 11th. The ex-dividend date is Friday, November 10th. Moreover, Clearbridge Invs Limited Liability Corp has 0.08% invested in Rockwell Automation (NYSE:ROK). The first value is calculated by adding the dividend yield to the percentage of repurchased shares. Rockwell Automation's dividend payout ratio (DPR) is now 52.68%. The shares were sold at an average price of $170.06, for a total transaction of $293,013.38. Following the sale, the insider now directly owns 21,426 shares in the company, valued at approximately $3,644,562.60.

In other Rockwell Automation news, insider Blake D. Moret sold 5,677 shares of the stock in a transaction on Wednesday, September 13th. $136.61's average target is -29.05% below currents $192.54 stock price. The insider Etzel Steven W. sold 3,000 shares worth $475,635. The score helps determine if a company's stock is valuable or not.

Among 26 analysts covering Rockwell Automation (NYSE:ROK), 4 have Buy rating, 3 Sell and 19 Hold. Cowen & Co maintained the stock with "Hold" rating in Friday, July 7 report.

Emerson, which had previously issued a since rejected unsolicited offer for Rockwell in October, raised the price of the same from $215 per share to $225, valuing the company somewhere in the vicinity of $29bn in the process. Kohmann Bosshard Financial Services LLC bought a new stake in Rockwell Automation during the 3rd quarter valued at $186,000.

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