Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Has $8.16 Million Stake in Rockwell Automation, Inc. $ROK

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA reduced its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 10.8% in the 3rd quarter, Holdings Channel reports. The fund owned 22,853 shares of the industrial products company’s stock after selling 2,756 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Rockwell Automation were worth $8,162,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Brighton Jones LLC acquired a new position in shares of Rockwell Automation in the 4th quarter valued at approximately $281,000. AQR Capital Management LLC lifted its stake in Rockwell Automation by 75.9% in the first quarter. AQR Capital Management LLC now owns 8,139 shares of the industrial products company’s stock valued at $2,059,000 after buying an additional 3,513 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Rockwell Automation by 142.7% in the first quarter. Empowered Funds LLC now owns 7,305 shares of the industrial products company’s stock valued at $1,887,000 after buying an additional 4,295 shares during the period. Integrity Alliance LLC. acquired a new position in Rockwell Automation in the 1st quarter worth $293,000. Finally, Focus Partners Wealth boosted its position in shares of Rockwell Automation by 20.4% during the first quarter. Focus Partners Wealth now owns 13,348 shares of the industrial products company’s stock worth $3,449,000 after buying an additional 2,264 shares during the period. 75.75% of the stock is currently owned by institutional investors.

Rockwell Automation Trading Up 1.7%

Shares of NYSE:ROK opened at $410.56 on Monday. Rockwell Automation, Inc. has a 52-week low of $215.00 and a 52-week high of $415.89. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.14. The company has a market capitalization of $46.09 billion, a P/E ratio of 53.60, a price-to-earnings-growth ratio of 2.75 and a beta of 1.52. The company has a 50-day simple moving average of $391.60 and a 200 day simple moving average of $362.37.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The firm had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $2.19 billion. During the same quarter in the previous year, the business earned $2.47 earnings per share. The business’s 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. Sell-side analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were paid a dividend of $1.38 per share. The ex-dividend date was Monday, November 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.3%. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio is 72.06%.

Insider Activity

In other news, SVP Cyril Perducat sold 804 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.05, for a total transaction of $323,248.20. Following the completion of the sale, the senior vice president owned 5,858 shares in the company, valued at $2,355,208.90. The trade was a 12.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Matthew W. Fordenwalt sold 146 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $402.48, for a total value of $58,762.08. Following the completion of the sale, the senior vice president owned 4,437 shares of the company’s stock, valued at $1,785,803.76. This trade represents a 3.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 88,053 shares of company stock valued at $34,718,919. Company insiders own 0.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on ROK. TD Cowen boosted their target price on Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a research note on Tuesday, December 2nd. JPMorgan Chase & Co. lifted their price objective on shares of Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a report on Tuesday, November 11th. Bank of America boosted their price objective on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Citigroup raised their target price on shares of Rockwell Automation from $439.00 to $466.00 and gave the company a “buy” rating in a research report on Monday, December 8th. Finally, Wall Street Zen upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $406.13.

Rockwell Automation Company Profile

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.