Spire Wealth Management Has $4.41 Million Holdings in Rockwell Automation, Inc. $ROK

Spire Wealth Management grew its position in shares of Rockwell Automation, Inc. (NYSE:ROK) by 6,641.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,325 shares of the industrial products company’s stock after buying an additional 11,157 shares during the quarter. Spire Wealth Management’s holdings in Rockwell Automation were worth $4,406,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in ROK. Lansforsakringar Fondforvaltning AB publ boosted its position in Rockwell Automation by 7.1% during the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 61,834 shares of the industrial products company’s stock worth $21,613,000 after purchasing an additional 4,086 shares during the period. Bessemer Group Inc. raised its position in shares of 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 purchasing an additional 3,759 shares during the period. Nordea Investment Management AB lifted its stake in shares of Rockwell Automation by 20.7% in the fourth quarter. Nordea Investment Management AB now owns 744,814 shares of the industrial products company’s stock worth $291,073,000 after buying an additional 127,733 shares during the last quarter. Maridea Wealth Management LLC lifted its stake in shares of Rockwell Automation by 580.0% in the fourth quarter. Maridea Wealth Management LLC now owns 5,522 shares of the industrial products company’s stock worth $2,148,000 after buying an additional 4,710 shares during the last quarter. Finally, Brighton Jones LLC bought a new stake in shares of Rockwell Automation during the 4th quarter worth $281,000. Institutional investors own 75.75% of the company’s stock.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, VP Scott Genereux sold 17,407 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $404.61, for a total transaction of $7,043,046.27. Following the completion of the transaction, the vice president owned 3,314 shares in the company, valued at $1,340,877.54. This trade represents a 84.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Rebecca W. House sold 12,100 shares of Rockwell Automation 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 sale, the senior vice president directly owned 12,200 shares in the company, valued at $4,932,094. The trade was a 49.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 49,228 shares of company stock worth $19,992,391 in the last ninety days. Company insiders own 0.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ROK shares. JPMorgan Chase & Co. lifted their target price on shares of Rockwell Automation from $400.00 to $404.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. TD Cowen raised their price target on Rockwell Automation from $330.00 to $350.00 and gave the company a “hold” rating in a research report on Friday, February 20th. Weiss Ratings raised Rockwell Automation from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Rothschild & Co Redburn increased their target price on Rockwell Automation from $335.00 to $365.00 and gave the company a “neutral” rating in a research note on Wednesday, January 21st. Finally, Zacks Research lowered Rockwell Automation from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $418.33.

Rockwell Automation Price Performance

Shares of ROK stock opened at $351.62 on Monday. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $438.72. The company has a market capitalization of $39.51 billion, a P/E ratio of 40.23, a P/E/G ratio of 2.51 and a beta of 1.53. The stock has a 50 day moving average of $392.91 and a two-hundred day moving average of $381.93. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 0.68.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.46 by $0.29. The business 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%.Rockwell Automation’s quarterly revenue was up 11.9% on a year-over-year basis. During the same period in the previous year, the business posted $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, equities analysts expect that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Monday, February 23rd were issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, February 23rd. Rockwell Automation’s dividend payout ratio (DPR) is presently 63.16%.

About Rockwell Automation

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.