Rockwell Automation, Inc. $ROK Stake Lifted by Cerity Partners LLC

Cerity Partners LLC lifted its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 23.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 31,000 shares of the industrial products company’s stock after acquiring an additional 5,927 shares during the period. Cerity Partners LLC’s holdings in Rockwell Automation were worth $10,297,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of ROK. Legend Financial Advisors Inc. bought a new position in Rockwell Automation in the 2nd quarter worth about $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 buying an additional 38 shares during the period. Financial Gravity Companies Inc. bought a new position in Rockwell Automation in the 2nd quarter worth approximately $40,000. Dynamic Wealth Strategies LLC bought a new position in Rockwell Automation in the 2nd quarter worth approximately $46,000. Finally, AdvisorShares Investments LLC acquired a new stake in Rockwell Automation in the 2nd quarter valued at approximately $50,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Insider Transactions at Rockwell Automation

In other news, SVP Rebecca W. House sold 1,698 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.06, for a total value of $682,697.88. Following the transaction, the senior vice president directly owned 12,200 shares of the company’s stock, valued at $4,905,132. This trade represents a 12.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Tessa M. Myers sold 1,020 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.07, for a total transaction of $410,111.40. Following the sale, the senior vice president owned 6,021 shares in the company, valued at $2,420,863.47. This represents a 14.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 87,253 shares of company stock worth $34,405,319 in the last three months. Insiders own 0.68% of the company’s stock.

Rockwell Automation Trading Up 2.4%

Shares of NYSE:ROK opened at $410.09 on Thursday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.14. The stock has a market capitalization of $46.04 billion, a price-to-earnings ratio of 53.54, a PEG ratio of 2.69 and a beta of 1.50. Rockwell Automation, Inc. has a 1-year low of $215.00 and a 1-year high of $413.04. The company has a 50 day moving average price of $370.46 and a 200 day moving average price of $349.75.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. The company had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, research analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 17th were given a $1.38 dividend. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date was Monday, November 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.3%. Rockwell Automation’s dividend payout ratio is 72.06%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on ROK shares. JPMorgan Chase & Co. boosted their price target on Rockwell Automation from $357.00 to $400.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 11th. TD Cowen increased their target price on shares of Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a research report on Tuesday, December 2nd. Wells Fargo & Company raised their target price on shares of Rockwell Automation from $355.00 to $380.00 and gave the company an “equal weight” rating in a research note on Friday, November 7th. Jefferies Financial Group boosted their price target on shares of Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Citigroup upped their price target on shares of Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Rockwell Automation presently has a consensus rating of “Moderate Buy” and an average target price of $390.33.

About Rockwell Automation

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.