Rockwell Automation, Inc. $ROK Shares Purchased by Gradient Investments LLC

Gradient Investments LLC boosted its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 2,701.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 40,058 shares of the industrial products company’s stock after acquiring an additional 38,628 shares during the quarter. Gradient Investments LLC’s holdings in Rockwell Automation were worth $14,001,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in ROK. Capital Investment Advisors LLC increased its stake in Rockwell Automation by 5.7% in the 2nd quarter. Capital Investment Advisors LLC now owns 2,192 shares of the industrial products company’s stock valued at $728,000 after purchasing an additional 119 shares in the last quarter. Patton Fund Management Inc. purchased a new position in shares of Rockwell Automation in the second quarter valued at $294,000. Brighton Jones LLC purchased a new position in shares of Rockwell Automation in the fourth quarter valued at $281,000. Integrity Alliance LLC. acquired a new position in shares of Rockwell Automation during the 1st quarter worth $293,000. Finally, Schroder Investment Management Group boosted its position in shares of 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 worth $32,342,000 after buying an additional 86,500 shares in the last quarter. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Rockwell Automation Stock Performance

Rockwell Automation stock opened at $389.24 on Thursday. The stock has a fifty day moving average price of $375.90 and a 200 day moving average price of $352.89. Rockwell Automation, Inc. has a 52 week low of $215.00 and a 52 week high of $415.89. The firm has a market capitalization of $43.70 billion, a P/E ratio of 50.81, a PEG ratio of 2.69 and a beta of 1.50. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70.

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

Rockwell Automation Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th were paid a dividend of $1.38 per share. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Monday, November 17th. Rockwell Automation’s payout ratio is 72.06%.

Insider Buying and Selling

In related news, SVP Tessa M. Myers sold 1,020 shares of Rockwell Automation stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.07, for a total value of $410,111.40. Following the transaction, the senior vice president owned 6,021 shares in the company, valued at approximately $2,420,863.47. This trade represents a 14.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Rebecca W. House sold 1,698 shares of the company’s stock in a transaction dated Wednesday, December 10th. The stock was 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 $4,905,132. This represents a 12.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 87,253 shares of company stock worth $34,405,319 over the last 90 days. Company insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ROK. Evercore ISI started coverage on shares of Rockwell Automation in a report on Monday. They set an “in-line” rating and a $440.00 target price for the company. Oppenheimer reissued an “outperform” rating and set a $391.00 price objective on shares of Rockwell Automation in a research note on Friday, November 7th. Barclays upped their target price on Rockwell Automation from $417.00 to $435.00 and gave the company an “overweight” rating in a research note on Thursday, December 4th. Zacks Research raised Rockwell Automation from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 12th. Finally, Jefferies Financial Group upped their price objective on Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Rockwell Automation has an average rating of “Moderate Buy” and a consensus target price of $403.31.

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.