2,979 Shares in Rockwell Automation, Inc. $ROK Purchased by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC acquired a new position in Rockwell Automation, Inc. (NYSE:ROK) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,979 shares of the industrial products company’s stock, valued at approximately $1,041,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Rockwell Automation by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 14,058,406 shares of the industrial products company’s stock worth $4,669,781,000 after purchasing an additional 207,448 shares during the period. Geode Capital Management LLC grew its holdings in Rockwell Automation by 1.7% during the second quarter. Geode Capital Management LLC now owns 2,874,428 shares of the industrial products company’s stock valued at $950,744,000 after purchasing an additional 48,105 shares during the period. Goldman Sachs Group Inc. increased its position in Rockwell Automation by 11.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,819,379 shares of the industrial products company’s stock worth $470,091,000 after buying an additional 191,370 shares during the last quarter. Northern Trust Corp raised its stake in shares of Rockwell Automation by 0.4% in the first quarter. Northern Trust Corp now owns 1,396,303 shares of the industrial products company’s stock valued at $360,777,000 after buying an additional 4,972 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Rockwell Automation by 1.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,170,010 shares of the industrial products company’s stock valued at $302,307,000 after buying an additional 11,849 shares during the last quarter. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ROK. Evercore ISI initiated coverage on Rockwell Automation in a report on Monday. They issued an “in-line” rating and a $440.00 price objective for the company. Barclays increased their target price on shares of Rockwell Automation from $417.00 to $435.00 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Bank of America boosted their price target on shares of Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Zacks Research raised shares of Rockwell Automation from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 12th. Finally, Citigroup upped their price target on shares of Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a research note on Monday, December 8th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Rockwell Automation presently has an average rating of “Moderate Buy” and a consensus price target of $403.31.

Insider Buying and Selling at Rockwell Automation

In other Rockwell Automation news, CEO Blake D. Moret sold 61,700 shares of the firm’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 sale, the chief executive officer owned 83,873 shares of the company’s stock, valued at $32,841,311.88. This trade represents a 42.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Rebecca W. House sold 1,698 shares of Rockwell Automation stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $402.06, for a total value of $682,697.88. Following the sale, the senior vice president owned 12,200 shares of the company’s stock, valued at approximately $4,905,132. This trade represents a 12.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 87,253 shares of company stock valued at $34,405,319 over the last 90 days. Insiders own 0.68% of the company’s stock.

Rockwell Automation Price Performance

Shares of NYSE:ROK opened at $400.96 on Wednesday. The company has a 50 day moving average of $375.06 and a 200 day moving average of $352.63. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. The stock has a market cap of $45.02 billion, a P/E ratio of 52.34, a P/E/G ratio of 2.69 and a beta of 1.50. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $415.89.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results 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. The firm had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $2.19 billion. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The business’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period last year, the firm earned $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, sell-side analysts forecast that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

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

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.