23,884 Shares in Rockwell Automation, Inc. $ROK Purchased by ABN Amro Investment Solutions

ABN Amro Investment Solutions purchased a new stake in Rockwell Automation, Inc. (NYSE:ROKFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,884 shares of the industrial products company’s stock, valued at approximately $7,934,000.

A number of other large investors have also made changes to their positions in the company. IMA Advisory Services Inc. acquired a new stake in shares of Rockwell Automation in the first quarter worth $32,000. Legend Financial Advisors Inc. acquired a new stake in Rockwell Automation in the 2nd quarter worth approximately $39,000. SBI Securities Co. Ltd. grew its stake in Rockwell Automation by 48.7% in the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after buying an additional 38 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its stake in shares of Rockwell Automation by 59.6% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 166 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 62 shares during the period. Finally, AdvisorShares Investments LLC acquired a new position in shares of Rockwell Automation during the second quarter worth approximately $50,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Insider Activity at Rockwell Automation

In other news, SVP Matheus De A. G. Viera Bulho sold 822 shares of the company’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $365.00, for a total value of $300,030.00. Following the transaction, the senior vice president owned 983 shares of the company’s stock, valued at approximately $358,795. This represents a 45.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Isaac Woods sold 250 shares of the company’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $350.00, for a total transaction of $87,500.00. Following the completion of the transaction, the vice president owned 1,662 shares in the company, valued at $581,700. This trade represents a 13.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 92,075 shares of company stock worth $34,820,361 in the last quarter. 0.68% of the stock is owned by corporate insiders.

Rockwell Automation Trading Up 0.4%

Rockwell Automation stock opened at $393.79 on Thursday. The company has a market cap of $44.28 billion, a price-to-earnings ratio of 46.22, a P/E/G ratio of 3.30 and a beta of 1.45. Rockwell Automation, Inc. has a one year low of $215.00 and a one year high of $398.20. The firm has a 50-day moving average of $352.87 and a 200-day moving average of $335.14. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.06 and a quick ratio of 0.72.

Rockwell Automation (NYSE:ROKGet Free Report) last released its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, beating the consensus estimate of $2.94 by $0.40. Rockwell Automation had a return on equity of 30.14% and a net margin of 12.03%.The company had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.19 billion. During the same quarter in the prior year, the firm posted $2.47 EPS. The firm’s revenue for the quarter was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, equities analysts expect that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Monday, November 17th will be paid a $1.38 dividend. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date is Monday, November 17th. This represents a $5.52 dividend on an annualized basis and a yield of 1.4%. Rockwell Automation’s dividend payout ratio (DPR) is currently 72.06%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ROK. Bank of America upgraded shares of Rockwell Automation from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $360.00 to $410.00 in a research note on Wednesday, July 16th. Barclays raised their price objective on shares of Rockwell Automation from $370.00 to $417.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. Citigroup reaffirmed a “buy” rating on shares of Rockwell Automation in a research note on Thursday, October 9th. Wall Street Zen raised Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. Finally, Morgan Stanley upped their target price on shares of Rockwell Automation from $385.00 to $435.00 and gave the company an “overweight” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $364.75.

Check Out Our Latest Analysis on ROK

Rockwell Automation Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Rockwell Automation (NYSE:ROK)

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