HB Wealth Management LLC Acquires 1,440 Shares of Rockwell Automation, Inc. $ROK

HB Wealth Management LLC grew its stake in Rockwell Automation, Inc. (NYSE:ROK) by 48.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,390 shares of the industrial products company’s stock after purchasing an additional 1,440 shares during the quarter. HB Wealth Management LLC’s holdings in Rockwell Automation were worth $1,534,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Rockwell Automation by 468.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after buying an additional 75 shares during the last quarter. Rexford Capital Inc. bought a new position in Rockwell Automation during the 2nd quarter worth approximately $33,000. Legend Financial Advisors Inc. bought a new stake in Rockwell Automation in the second quarter valued at approximately $39,000. SBI Securities Co. Ltd. boosted its position in shares of 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 purchasing an additional 38 shares in the last quarter. Finally, Financial Gravity Companies Inc. acquired a new position in shares of Rockwell Automation in the 2nd quarter valued at $40,000. 75.75% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Rockwell Automation

In other news, SVP Rebecca W. House sold 1,698 shares of the company’s 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 directly owned 12,200 shares of the company’s stock, valued at approximately $4,905,132. This represents a 12.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Blake D. Moret sold 61,700 shares of Rockwell Automation 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 transaction, the chief executive officer owned 83,873 shares of the company’s stock, valued at $32,841,311.88. The trade was a 42.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 88,053 shares of company stock valued at $34,718,919 in the last 90 days. Company insiders own 0.76% of the company’s stock.

Rockwell Automation Trading Up 1.7%

Shares of NYSE:ROK opened at $410.56 on Monday. The company’s 50-day moving average price is $391.60 and its two-hundred day moving average price is $362.37. Rockwell Automation, Inc. has a one year low of $215.00 and a one year high of $415.89. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77. The stock has a market capitalization of $46.09 billion, a PE ratio of 53.60, a price-to-earnings-growth ratio of 2.75 and a beta of 1.52.

Rockwell Automation (NYSE:ROK) last released its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $2.19 billion. During the same quarter in the previous year, the business earned $2.47 earnings per share. Rockwell Automation’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, equities analysts forecast that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal 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 paid a $1.38 dividend. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, November 17th. Rockwell Automation’s dividend payout ratio (DPR) is 72.06%.

Analyst Upgrades and Downgrades

ROK has been the topic of several research analyst reports. Jefferies Financial Group raised their price objective on Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Citigroup increased their target price on Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a research note on Monday, December 8th. Zacks Research raised shares of Rockwell Automation from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th. Weiss Ratings restated a “hold (c)” rating on shares of Rockwell Automation in a report on Monday, December 29th. Finally, Robert W. Baird upped their target price on shares of Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Rockwell Automation presently has an average rating of “Moderate Buy” and an average target price of $406.13.

About Rockwell Automation

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.