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

Apollon Wealth Management LLC lifted its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 235.1% during the third quarter, Holdings Channel.com reports. The firm owned 12,718 shares of the industrial products company’s stock after acquiring an additional 8,923 shares during the quarter. Apollon Wealth Management LLC’s holdings in Rockwell Automation were worth $4,445,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Rockwell Automation by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 14,058,406 shares of the industrial products company’s stock valued at $4,669,781,000 after buying an additional 207,448 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Rockwell Automation by 1.7% in the second quarter. Geode Capital Management LLC now owns 2,874,428 shares of the industrial products company’s stock worth $950,744,000 after acquiring an additional 48,105 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Rockwell Automation by 11.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,819,379 shares of the industrial products company’s stock valued at $470,091,000 after acquiring an additional 191,370 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Rockwell Automation by 1.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,170,010 shares of the industrial products company’s stock valued at $302,307,000 after acquiring an additional 11,849 shares during the last quarter. Finally, Norges Bank acquired a new stake in Rockwell Automation during the 2nd quarter valued at approximately $368,575,000. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Blake D. Moret sold 61,700 shares of Rockwell Automation stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $391.56, for a total transaction 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Matheus De A. G. Viera Bulho sold 2,370 shares of the stock in a transaction on Friday, December 5th. The shares were sold at an average price of $403.45, for a total value of $956,176.50. Following the completion of the sale, the senior vice president directly owned 1,964 shares of the company’s stock, valued at $792,375.80. The trade was a 54.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 87,253 shares of company stock valued at $34,405,319. 0.76% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on ROK shares. Wells Fargo & Company increased their price objective on shares of Rockwell Automation from $355.00 to $380.00 and gave the stock an “equal weight” rating in a research report on Friday, November 7th. Bank of America lifted their price objective on Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. The Goldman Sachs Group upgraded Rockwell Automation from a “sell” rating to a “neutral” rating and upped their target price for the company from $329.00 to $448.00 in a research report on Tuesday, December 16th. Wall Street Zen upgraded Rockwell Automation from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. Finally, Robert W. Baird boosted their price target on Rockwell Automation from $392.00 to $402.00 and gave the company 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 company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $403.31.

Rockwell Automation Price Performance

Shares of ROK opened at $399.38 on Monday. The business’s fifty day moving average is $383.38 and its 200 day moving average is $356.84. Rockwell Automation, Inc. has a 12-month low of $215.00 and a 12-month high of $415.89. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. The stock has a market cap of $44.84 billion, a P/E ratio of 52.14, a P/E/G ratio of 2.68 and a beta of 1.50.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data 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. The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The business’s revenue was up 13.8% on a year-over-year basis. During the same period last year, the company earned $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Sell-side analysts anticipate that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were paid a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 1.4%. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend was Monday, November 17th. Rockwell Automation’s dividend payout ratio (DPR) is currently 72.06%.

Rockwell Automation Company 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.