CreativeOne Wealth LLC Has $494,000 Position in Rockwell Automation, Inc. $ROK

CreativeOne Wealth LLC raised its position in Rockwell Automation, Inc. (NYSE:ROK) by 28.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,488 shares of the industrial products company’s stock after buying an additional 327 shares during the quarter. CreativeOne Wealth LLC’s holdings in Rockwell Automation were worth $494,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. boosted its position in shares of Rockwell Automation by 720.8% in the second quarter. Robeco Institutional Asset Management B.V. now owns 399,309 shares of the industrial products company’s stock valued at $132,638,000 after acquiring an additional 350,662 shares during the period. Ontario Teachers Pension Plan Board boosted its holdings in Rockwell Automation by 7,730.3% in the 2nd quarter. Ontario Teachers Pension Plan Board now owns 354,792 shares of the industrial products company’s stock valued at $117,851,000 after purchasing an additional 350,261 shares during the period. Great Lakes Advisors LLC acquired a new position in shares of Rockwell Automation during the 1st quarter worth approximately $73,908,000. Nuveen LLC acquired a new position in shares of Rockwell Automation during the 1st quarter worth approximately $63,632,000. Finally, Raymond James Financial Inc. increased its holdings in shares of Rockwell Automation by 213.7% during the first quarter. Raymond James Financial Inc. now owns 357,080 shares of the industrial products company’s stock worth $92,263,000 after purchasing an additional 243,249 shares during the period. Institutional investors own 75.75% of the company’s stock.

Insider Buying and Selling

In other Rockwell Automation news, CEO Blake D. Moret sold 61,700 shares of the company’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $391.56, for a total value of $24,159,252.00. Following the completion of the transaction, the chief executive officer owned 83,873 shares of the company’s stock, valued at $32,841,311.88. This represents a 42.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Matheus De A. G. Viera Bulho sold 822 shares of the stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $365.00, for a total value of $300,030.00. Following the completion of the transaction, the senior vice president owned 983 shares of the company’s stock, valued at $358,795. This represents a 45.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 87,275 shares of company stock worth $33,125,505 in the last 90 days. Insiders own 0.68% of the company’s stock.

Rockwell Automation Stock Down 0.4%

ROK stock opened at $392.42 on Friday. The firm has a 50-day moving average price of $361.57 and a 200-day moving average price of $344.51. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $398.82. The company has a current ratio of 1.06, a quick ratio of 0.72 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $44.06 billion, a P/E ratio of 46.06, a price-to-earnings-growth ratio of 3.30 and a beta of 1.45.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.94 by $0.40. The company had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a net margin of 12.03% and a return on equity of 30.14%. The firm’s revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, equities research analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Monday, November 17th will be issued a dividend of $1.38 per share. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend is Monday, November 17th. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. Rockwell Automation’s dividend payout ratio (DPR) is 72.06%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Citigroup reaffirmed a “buy” rating on shares of Rockwell Automation in a report on Thursday, October 9th. JPMorgan Chase & Co. boosted their price target on Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research note on Tuesday, November 11th. Oppenheimer reaffirmed an “outperform” rating and set a $391.00 price objective on shares of Rockwell Automation in a research report on Friday, November 7th. Bank of America raised their target price on shares of Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Finally, Wall Street Zen upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Sunday, September 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Rockwell Automation currently has an average rating of “Moderate Buy” and a consensus price target of $371.44.

About Rockwell Automation

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.