Corient Private Wealth LLC Has $30.53 Million Position in Rockwell Automation, Inc. $ROK

Corient Private Wealth LLC lessened its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 7.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 91,895 shares of the industrial products company’s stock after selling 7,696 shares during the period. Corient Private Wealth LLC owned approximately 0.08% of Rockwell Automation worth $30,525,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Capital Investment Advisors LLC raised its stake in Rockwell Automation by 5.7% during the second quarter. Capital Investment Advisors LLC now owns 2,192 shares of the industrial products company’s stock worth $728,000 after acquiring an additional 119 shares in the last quarter. Patton Fund Management Inc. acquired a new stake in shares of Rockwell Automation in the 2nd quarter valued at approximately $294,000. Brighton Jones LLC bought a new stake in shares of Rockwell Automation during the 4th quarter valued at approximately $281,000. Integrity Alliance LLC. acquired a new position in Rockwell Automation during the 1st quarter worth approximately $293,000. Finally, Schroder Investment Management Group lifted its stake in Rockwell Automation by 796.0% in the 2nd quarter. Schroder Investment Management Group now owns 97,367 shares of the industrial products company’s stock valued at $32,342,000 after purchasing an additional 86,500 shares during the last quarter. 75.75% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ROK. Barclays upped their price target on shares of Rockwell Automation from $417.00 to $435.00 and gave the stock an “overweight” rating in a report on Thursday, December 4th. Weiss Ratings restated a “hold (c)” rating on shares of Rockwell Automation in a research report on Monday. Citigroup increased their target price on Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a research report on Monday, December 8th. JPMorgan Chase & Co. upped their price objective on Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research note on Tuesday, November 11th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $391.00 price objective on shares of Rockwell Automation in a report on Friday, November 7th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $403.31.

Insider Buying and Selling at Rockwell Automation

In related news, VP Terry L. Riesterer sold 225 shares of the company’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $402.13, for a total transaction of $90,479.25. Following the sale, the vice president owned 2,034 shares in the company, valued at $817,932.42. This represents a 9.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Cyril Perducat sold 804 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.05, for a total value of $323,248.20. Following the completion of the sale, the senior vice president owned 5,858 shares of the company’s stock, valued at approximately $2,355,208.90. The trade was a 12.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 87,253 shares of company stock valued at $34,405,319. 0.68% of the stock is owned by corporate insiders.

Rockwell Automation Trading Down 0.2%

Shares of ROK stock opened at $400.96 on Wednesday. The stock 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 price-to-earnings ratio of 52.34, a PEG ratio of 2.69 and a beta of 1.50. Rockwell Automation, Inc. has a 1-year low of $215.00 and a 1-year high of $415.89.

Rockwell Automation (NYSE:ROK) last announced its 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. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The business had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $2.19 billion. During the same period in the prior year, the business posted $2.47 earnings per share. The firm’s revenue was up 13.8% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, equities research analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 17th were issued a $1.38 dividend. 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%.

Rockwell Automation Company Profile

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.