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Sunbelt Securities cut its stake in Rockwell Automation by 43.3%, despite the company beating earnings estimates.
Sunbelt Securities Inc. reduced its holdings in Rockwell Automation, Inc. (ROK) by 43.3% in the first quarter, selling 301 shares and holding 394 shares worth $102,000.
Rockwell Automation reported a $2.45 EPS for the quarter, beating estimates by $0.36.
The company declared a quarterly dividend of $1.31 to be paid on September 10th, with a yield of 1.59%.
Analysts give Rockwell Automation a "Moderate Buy" rating with a price target of $317.79.
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Sunbelt Securities recortó su participación en Rockwell Automation en un 43,3%, a pesar de que la compañía superó las estimaciones de ganancias.