Foundations Investment Advisors LLC Invests $454,000 in Rockwell Automation, Inc. $ROK

Foundations Investment Advisors LLC acquired a new position in shares of Rockwell Automation, Inc. (NYSE:ROK) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,167 shares of the industrial products company’s stock, valued at approximately $454,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Huntington National Bank raised its stake in shares of Rockwell Automation by 1.3% during the 4th quarter. Huntington National Bank now owns 249,858 shares of the industrial products company’s stock worth $97,212,000 after purchasing an additional 3,328 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Rockwell Automation by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 2,924,501 shares of the industrial products company’s stock worth $1,133,397,000 after purchasing an additional 17,855 shares in the last quarter. Fidelis Capital Partners LLC bought a new stake in shares of Rockwell Automation during the 4th quarter worth approximately $223,000. Employees Retirement System of Texas raised its stake in Rockwell Automation by 207.7% in the 4th quarter. Employees Retirement System of Texas now owns 1,197 shares of the industrial products company’s stock valued at $466,000 after acquiring an additional 808 shares during the period. Finally, Bellwether Advisors LLC raised its stake in Rockwell Automation by 71.6% in the 4th quarter. Bellwether Advisors LLC now owns 10,985 shares of the industrial products company’s stock valued at $4,274,000 after acquiring an additional 4,583 shares during the period. Institutional investors own 75.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. TD Cowen increased their price target on Rockwell Automation from $350.00 to $400.00 and gave the company a “hold” rating in a research note on Wednesday, May 13th. The Goldman Sachs Group increased their price target on Rockwell Automation from $448.00 to $487.00 in a research note on Wednesday, May 6th. Wells Fargo & Company increased their price target on Rockwell Automation from $360.00 to $440.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. HSBC increased their price objective on Rockwell Automation from $445.00 to $490.00 in a research report on Wednesday, May 6th. Finally, Evercore increased their price objective on Rockwell Automation from $440.00 to $480.00 in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $449.16.

Rockwell Automation Stock Up 1.4%

ROK stock opened at $463.23 on Wednesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.76. The stock has a market capitalization of $51.54 billion, a price-to-earnings ratio of 48.15, a PEG ratio of 2.92 and a beta of 1.57. The business’s fifty day moving average price is $410.85 and its two-hundred day moving average price is $402.06. Rockwell Automation, Inc. has a fifty-two week low of $305.44 and a fifty-two week high of $465.32.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, topping the consensus estimate of $2.88 by $0.42. The firm had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.16 billion. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The company’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the business earned $2.45 EPS. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, equities analysts anticipate that Rockwell Automation, Inc. will post 13.01 earnings per share for the current year.

Rockwell Automation Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th will be issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, May 18th. Rockwell Automation’s dividend payout ratio is 57.38%.

Insider Activity at Rockwell Automation

In other news, VP John M. Miller sold 1,054 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total transaction of $449,025.08. Following the sale, the vice president directly owned 5,615 shares of the company’s stock, valued at approximately $2,392,102.30. This represents a 15.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Matthew W. Fordenwalt sold 600 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $449.58, for a total value of $269,748.00. Following the sale, the senior vice president directly owned 4,437 shares in the company, valued at approximately $1,994,786.46. This trade represents a 11.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,713 shares of company stock worth $5,066,717 in the last quarter. 0.76% of the stock is currently owned by corporate insiders.

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.