Maple Capital Management Inc. Decreases Position in Rockwell Automation, Inc. $ROK

Maple Capital Management Inc. lowered its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 31.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 753 shares of the industrial products company’s stock after selling 350 shares during the quarter. Maple Capital Management Inc.’s holdings in Rockwell Automation were worth $250,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Howe & Rusling Inc. increased its holdings in Rockwell Automation by 4.9% during the 1st quarter. Howe & Rusling Inc. now owns 794 shares of the industrial products company’s stock worth $205,000 after purchasing an additional 37 shares during the period. IFP Advisors Inc grew its position in shares of Rockwell Automation by 2.7% during the second quarter. IFP Advisors Inc now owns 1,427 shares of the industrial products company’s stock worth $476,000 after buying an additional 37 shares in the last quarter. SBI Securities Co. Ltd. increased its stake 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. Bank of Jackson Hole Trust raised its holdings in Rockwell Automation by 34.2% in the second quarter. Bank of Jackson Hole Trust now owns 161 shares of the industrial products company’s stock valued at $53,000 after acquiring an additional 41 shares in the last quarter. Finally, Wealthfront Advisers LLC lifted its stake in Rockwell Automation by 0.6% in the first quarter. Wealthfront Advisers LLC now owns 7,708 shares of the industrial products company’s stock worth $1,992,000 after acquiring an additional 43 shares during the last quarter. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Rockwell Automation Trading Up 0.2%

ROK opened at $392.10 on Wednesday. The firm has a market cap of $44.09 billion, a price-to-earnings ratio of 46.02, a price-to-earnings-growth ratio of 3.30 and a beta of 1.45. Rockwell Automation, Inc. has a 52 week low of $215.00 and a 52 week high of $396.89. The business’s 50 day moving average is $351.76 and its two-hundred day moving average is $334.73. The company has a quick ratio of 0.72, a current ratio of 1.06 and a debt-to-equity ratio of 0.72.

Rockwell Automation (NYSE:ROK) last announced its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. The business had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a net margin of 12.03% and a return on equity of 30.14%. The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period last year, the firm posted $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, research analysts predict that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th will be issued a $1.38 dividend. The ex-dividend date of this dividend is Monday, November 17th. This is a positive change from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. Rockwell Automation’s dividend payout ratio is currently 72.06%.

Analyst Ratings Changes

ROK has been the topic of a number of analyst reports. Bank of America upgraded shares of Rockwell Automation from a “neutral” rating to a “buy” rating and raised their price objective for the company from $360.00 to $410.00 in a report on Wednesday, July 16th. Citigroup restated a “buy” rating on shares of Rockwell Automation in a research note on Thursday, October 9th. Oppenheimer reaffirmed an “outperform” rating and set a $391.00 price target on shares of Rockwell Automation in a report on Friday. KeyCorp raised their target price on Rockwell Automation from $370.00 to $380.00 and gave the stock an “overweight” rating in a research report on Thursday, August 7th. Finally, Stephens reaffirmed an “overweight” rating and issued a $375.00 price target (up from $350.00) on shares of Rockwell Automation in a report on Wednesday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Rockwell Automation has an average rating of “Moderate Buy” and an average price target of $360.78.

Insider Buying and Selling at Rockwell Automation

In other Rockwell Automation news, Director James P. Keane sold 3,000 shares of Rockwell Automation stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $356.06, for a total value of $1,068,180.00. Following the transaction, the director directly owned 9,192 shares in the company, valued at approximately $3,272,903.52. This trade represents a 24.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Blake D. Moret sold 61,700 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $391.56, for a total value of $24,159,252.00. Following the sale, the chief executive officer owned 83,873 shares of the company’s stock, valued at $32,841,311.88. This trade represents a 42.38% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 92,075 shares of company stock valued at $34,820,361. Corporate insiders own 0.68% of the company’s stock.

Rockwell Automation Profile

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.