Advisors Asset Management Inc. Has $6.26 Million Holdings in Rockwell Automation, Inc. $ROK

Advisors Asset Management Inc. lifted its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 12.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,919 shares of the industrial products company’s stock after purchasing an additional 1,979 shares during the quarter. Advisors Asset Management Inc.’s holdings in Rockwell Automation were worth $6,263,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Bessemer Group Inc. increased its stake in Rockwell Automation by 180.5% in the third quarter. Bessemer Group Inc. now owns 5,842 shares of the industrial products company’s stock valued at $2,042,000 after acquiring an additional 3,759 shares during the last quarter. Brighton Jones LLC acquired a new stake in shares of Rockwell Automation in the 4th quarter valued at approximately $281,000. Ferguson Wellman Capital Management Inc. bought a new position in Rockwell Automation in the 3rd quarter valued at approximately $777,000. Schroder Investment Management Group increased its holdings in shares of Rockwell Automation by 796.0% during the second 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. Finally, Citizens Financial Group Inc. RI acquired a new position in shares of Rockwell Automation during the second quarter worth $234,000. 75.75% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ROK shares. JPMorgan Chase & Co. raised their price objective on Rockwell Automation from $400.00 to $404.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Rothschild & Co Redburn boosted their target price on shares of Rockwell Automation from $335.00 to $365.00 and gave the company a “neutral” rating in a report on Wednesday, January 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Rockwell Automation in a research report on Monday, December 29th. Barclays increased their price target on Rockwell Automation from $435.00 to $450.00 and gave the stock an “overweight” rating in a report on Wednesday, January 7th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $460.00 price objective on shares of Rockwell Automation in a research note on Sunday. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $417.22.

Insiders Place Their Bets

In related news, SVP Matthew W. Fordenwalt sold 146 shares of the business’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $402.48, for a total value of $58,762.08. Following the sale, the senior vice president directly owned 4,437 shares in the company, valued at approximately $1,785,803.76. The trade was a 3.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Matheus De A. G. Viera Bulho sold 476 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $402.02, for a total transaction of $191,361.52. Following the transaction, the senior vice president owned 2,401 shares of the company’s stock, valued at $965,250.02. This represents a 16.55% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 25,531 shares of company stock valued at $10,259,637. Company insiders own 0.76% of the company’s stock.

Rockwell Automation Stock Performance

ROK stock opened at $381.47 on Friday. Rockwell Automation, Inc. has a 12-month low of $215.00 and a 12-month high of $438.72. The firm has a market cap of $42.86 billion, a PE ratio of 43.65, a P/E/G ratio of 2.91 and a beta of 1.52. The business has a 50 day moving average of $408.17 and a 200-day moving average of $373.94. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 0.68.

Rockwell Automation (NYSE:ROK) last released its earnings results on Thursday, February 5th. The industrial products company reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $2.46 by $0.29. The company had revenue of $2.11 billion for the quarter, compared to analysts’ expectations of $2.08 billion. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The business’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.83 EPS. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, sell-side analysts expect that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd will be issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, February 23rd. Rockwell Automation’s dividend payout ratio is 63.16%.

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.