2,222 Shares in Rockwell Automation, Inc. $ROK Purchased by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. bought a new stake in shares of Rockwell Automation, Inc. (NYSE:ROKFree Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,222 shares of the industrial products company’s stock, valued at approximately $777,000.

Other hedge funds have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. increased its position in Rockwell Automation by 468.8% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after buying an additional 75 shares in the last quarter. Rexford Capital Inc. purchased a new stake in shares of Rockwell Automation in the second quarter worth $33,000. Legend Financial Advisors Inc. bought a new position in shares of Rockwell Automation during the second quarter valued at $39,000. SBI Securities Co. Ltd. increased its holdings 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 valued at $39,000 after acquiring an additional 38 shares in the last quarter. Finally, Financial Gravity Companies Inc. purchased a new position in shares of Rockwell Automation in the 2nd quarter worth about $40,000. 75.75% of the stock is owned by institutional investors.

Insider Buying and Selling at Rockwell Automation

In related news, VP Terry L. Riesterer sold 800 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $392.00, for a total value of $313,600.00. Following the transaction, the vice president directly owned 1,234 shares of the company’s stock, valued at approximately $483,728. This trade represents a 39.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Isaac Woods sold 229 shares of Rockwell Automation stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $401.92, for a total value of $92,039.68. Following the transaction, the vice president owned 2,058 shares in the company, valued at $827,151.36. This trade represents a 10.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 88,053 shares of company stock valued at $34,718,919 in the last quarter. Insiders own 0.76% of the company’s stock.

Rockwell Automation Price Performance

NYSE ROK opened at $410.56 on Friday. The stock has a market capitalization of $46.09 billion, a price-to-earnings ratio of 53.60, a PEG ratio of 2.71 and a beta of 1.52. Rockwell Automation, Inc. has a 1-year low of $215.00 and a 1-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 business’s fifty day moving average price is $391.60 and its 200-day moving average price is $361.84.

Rockwell Automation (NYSE:ROKGet Free Report) last posted its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. The company had revenue of $4.63 billion for 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%.Rockwell Automation’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, equities analysts predict that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research note on Tuesday, November 11th. Oppenheimer restated an “outperform” rating and issued a $391.00 price objective on shares of Rockwell Automation in a report on Friday, November 7th. TD Cowen upped their price objective on Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a research report on Tuesday, December 2nd. Zacks Research upgraded Rockwell Automation from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th. Finally, The Goldman Sachs Group raised Rockwell Automation from a “sell” rating to a “neutral” rating and upped their price target for the company from $329.00 to $448.00 in a report on Tuesday, December 16th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $406.13.

Check Out Our Latest Research Report on ROK

About Rockwell Automation

(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.

Further Reading

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

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