Hager Investment Management Services LLC Buys 1,637 Shares of Rockwell Automation, Inc. $ROK

Hager Investment Management Services LLC lifted its stake in Rockwell Automation, Inc. (NYSE:ROKFree Report) by 85.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,555 shares of the industrial products company’s stock after buying an additional 1,637 shares during the quarter. Hager Investment Management Services LLC’s holdings in Rockwell Automation were worth $1,383,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in ROK. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Rockwell Automation by 468.8% in 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 period. Rexford Capital Inc. purchased a new stake in shares of Rockwell Automation during the second quarter worth about $33,000. Fortitude Family Office LLC grew its position in shares of Rockwell Automation by 109.5% during the fourth quarter. Fortitude Family Office LLC now owns 88 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 46 shares in the last quarter. Ameriflex Group Inc. grew its position in shares of Rockwell Automation by 100.0% during the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 50 shares in the last quarter. Finally, Sachetta LLC grew its position in shares of Rockwell Automation by 900.0% during the third quarter. Sachetta LLC now owns 120 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 108 shares in the last quarter. Institutional investors own 75.75% of the company’s stock.

Wall Street Analysts Forecast Growth

ROK has been the subject of several research analyst reports. Rothschild & Co Redburn increased their target price on Rockwell Automation from $335.00 to $365.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 21st. Wells Fargo & Company cut their target price on Rockwell Automation from $410.00 to $360.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 1st. TD Cowen increased their target price on Rockwell Automation from $330.00 to $350.00 and gave the stock a “hold” rating in a research report on Friday, February 20th. The Goldman Sachs Group cut their target price on Rockwell Automation from $458.00 to $448.00 and set a “neutral” rating for the company in a research report on Tuesday. Finally, Evercore initiated coverage on Rockwell Automation in a research report on Monday, December 15th. They set an “in-line” rating and a $440.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Rockwell Automation has an average rating of “Moderate Buy” and an average target price of $406.67.

Check Out Our Latest Stock Report on Rockwell Automation

Rockwell Automation Stock Performance

NYSE ROK opened at $389.96 on Thursday. The stock has a market capitalization of $43.82 billion, a PE ratio of 44.62, a P/E/G ratio of 2.61 and a beta of 1.54. The business has a 50 day simple moving average of $384.78 and a two-hundred day simple moving average of $382.80. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.16 and a quick ratio of 0.80. Rockwell Automation, Inc. has a 1-year low of $215.00 and a 1-year high of $438.72.

Rockwell Automation (NYSE:ROKGet Free Report) last released its quarterly earnings results on Thursday, February 5th. The industrial products company reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.46 by $0.29. The business had revenue of $2.11 billion during 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 firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.83 EPS. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. On average, research analysts predict that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd were 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 was Monday, February 23rd. Rockwell Automation’s dividend payout ratio (DPR) is currently 63.16%.

Insider Buying and Selling at Rockwell Automation

In other Rockwell Automation news, SVP Tessa M. Myers sold 1,985 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $409.37, for a total transaction of $812,599.45. Following the completion of the transaction, the senior vice president owned 4,036 shares in the company, valued at $1,652,217.32. This trade represents a 32.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Rebecca W. House sold 12,100 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $404.27, for a total value of $4,891,667.00. Following the transaction, the senior vice president owned 12,200 shares of the company’s stock, valued at $4,932,094. This represents a 49.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 48,727 shares of company stock worth $19,786,132 over the last three months. 0.76% of the stock is owned by company insiders.

Rockwell Automation Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Rockwell Automation (NYSE:ROK)

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