Rockwell Automation, Inc. $ROK Shares Sold by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. reduced its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 56.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,577 shares of the industrial products company’s stock after selling 2,005 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Rockwell Automation were worth $524,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Capital Investment Advisors LLC boosted its position in shares of Rockwell Automation by 5.7% in the second quarter. Capital Investment Advisors LLC now owns 2,192 shares of the industrial products company’s stock worth $728,000 after buying an additional 119 shares during the period. CWM LLC lifted its position in Rockwell Automation by 3.7% during the 1st quarter. CWM LLC now owns 2,353 shares of the industrial products company’s stock worth $608,000 after acquiring an additional 84 shares in the last quarter. Brighton Jones LLC purchased a new position in Rockwell Automation in the 4th quarter worth approximately $281,000. Integrity Alliance LLC. acquired a new stake in Rockwell Automation in the first quarter valued at approximately $293,000. Finally, J.W. Cole Advisors Inc. grew its position in Rockwell Automation by 128.7% in the first quarter. J.W. Cole Advisors Inc. now owns 4,382 shares of the industrial products company’s stock valued at $1,132,000 after acquiring an additional 2,466 shares in the last quarter. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Rockwell Automation Stock Performance

Shares of ROK stock opened at $392.10 on Wednesday. The company has a market cap of $44.09 billion, a P/E ratio of 46.02, a PEG ratio of 3.30 and a beta of 1.45. The business has a 50 day moving average of $351.76 and a two-hundred day moving average of $334.73. Rockwell Automation, Inc. has a 52 week low of $215.00 and a 52 week high of $396.89. 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 posted its earnings results 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. Rockwell Automation had a return on equity of 30.14% and a net margin of 12.03%.The company had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.19 billion. During the same period last year, the business posted $2.47 earnings per share. The firm’s quarterly revenue was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Increases Dividend

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Stephens reaffirmed an “overweight” rating and set a $375.00 price target (up previously from $350.00) on shares of Rockwell Automation in a research note on Wednesday, July 16th. Citigroup restated a “buy” rating on shares of Rockwell Automation in a research note on Thursday, October 9th. Wall Street Zen raised Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Sunday, September 21st. KeyCorp lifted their price target on shares of Rockwell Automation from $370.00 to $380.00 and gave the stock an “overweight” rating in a research note on Thursday, August 7th. Finally, Barclays increased their price objective on shares of Rockwell Automation from $370.00 to $417.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Rockwell Automation presently has an average rating of “Moderate Buy” and a consensus price target of $360.78.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, CEO Blake D. Moret sold 61,700 shares of Rockwell Automation stock in a transaction 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 sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director James P. Keane sold 3,000 shares of the stock in a transaction 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 completion of the transaction, the director directly owned 9,192 shares of the company’s stock, valued at approximately $3,272,903.52. The trade was a 24.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 92,075 shares of company stock worth $34,820,361 over the last quarter. Insiders own 0.68% of the company’s stock.

Rockwell Automation Company 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.