Apollon Wealth Management LLC Has $4.45 Million Holdings in Rockwell Automation, Inc. $ROK

Apollon Wealth Management LLC raised its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 235.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,718 shares of the industrial products company’s stock after acquiring an additional 8,923 shares during the period. Apollon Wealth Management LLC’s holdings in Rockwell Automation were worth $4,445,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Rockwell Automation by 468.8% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after buying an additional 75 shares in the last quarter. Rexford Capital Inc. bought a new stake in shares of Rockwell Automation in the second quarter valued at about $33,000. Legend Financial Advisors Inc. acquired a new position in shares of Rockwell Automation in the second quarter valued at about $39,000. SBI Securities Co. Ltd. increased its position in Rockwell Automation by 48.7% during the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 38 shares during the period. Finally, Financial Gravity Companies Inc. acquired a new stake in Rockwell Automation in the 2nd quarter worth about $40,000. Institutional investors own 75.75% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ROK shares. Citigroup increased their target price on shares of Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. TD Cowen lifted their price objective on Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a report on Tuesday, December 2nd. Wells Fargo & Company upped their target price on Rockwell Automation from $355.00 to $380.00 and gave the company an “equal weight” rating in a research report on Friday, November 7th. Oppenheimer reissued an “outperform” rating and set a $391.00 target price on shares of Rockwell Automation in a report on Friday, November 7th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Rockwell Automation in a research note on Monday, December 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $403.31.

Insider Activity

In other Rockwell Automation news, SVP Cyril Perducat sold 804 shares of the company’s stock in a transaction dated 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 transaction, the senior vice president owned 5,858 shares of the company’s stock, valued at $2,355,208.90. This represents a 12.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Isaac Woods sold 229 shares of the stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $401.92, for a total value of $92,039.68. Following the completion of the transaction, the vice president owned 2,058 shares of the company’s stock, valued at $827,151.36. This represents a 10.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 87,253 shares of company stock valued at $34,405,319. 0.76% of the stock is currently owned by insiders.

Rockwell Automation Price Performance

Rockwell Automation stock opened at $399.38 on Monday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.14. Rockwell Automation, Inc. has a 52 week low of $215.00 and a 52 week high of $415.89. The stock has a market capitalization of $44.84 billion, a P/E ratio of 52.14, a price-to-earnings-growth ratio of 2.68 and a beta of 1.50. The stock has a fifty day moving average of $383.38 and a 200-day moving average of $356.84.

Rockwell Automation (NYSE:ROK) last issued its earnings results on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, topping 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 firm had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $2.19 billion. During the same quarter in the previous year, the firm earned $2.47 earnings per share. The business’s quarterly 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, sell-side analysts expect that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th were given a $1.38 dividend. 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 was Monday, November 17th. Rockwell Automation’s dividend payout ratio (DPR) is 72.06%.

Rockwell Automation Profile

Rockwell Automation is a global industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. The firm designs, manufactures and supports control systems, industrial control hardware and software, and related services that help manufacturers and industrial operators automate processes, improve productivity and enable data-driven decision making. Rockwell traces its heritage to the Allen-Bradley and Rockwell automation businesses and positions itself as a provider of integrated automation solutions across discrete and process industries.

The company’s product portfolio includes programmable logic controllers (PLCs), human-machine interfaces (HMIs), variable frequency drives, sensors, safety components and other industrial control hardware, often marketed under the Allen-Bradley brand.