EP Wealth Advisors LLC Increases Holdings in Rockwell Automation, Inc. $ROK

EP Wealth Advisors LLC increased its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 2.4% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 92,715 shares of the industrial products company’s stock after purchasing an additional 2,199 shares during the period. EP Wealth Advisors LLC owned 0.08% of Rockwell Automation worth $30,797,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Legend Financial Advisors Inc. bought a new stake in shares of Rockwell Automation during the second quarter valued at about $39,000. SBI Securities Co. Ltd. grew its stake in Rockwell Automation by 48.7% during the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 38 shares in the last quarter. Financial Gravity Companies Inc. bought a new stake in Rockwell Automation during the 2nd quarter worth approximately $40,000. Dynamic Wealth Strategies LLC purchased a new stake in Rockwell Automation in the 2nd quarter worth approximately $46,000. Finally, AdvisorShares Investments LLC bought a new position in Rockwell Automation in the 2nd quarter valued at $50,000. Institutional investors own 75.75% of the company’s stock.

Wall Street Analyst Weigh In

ROK has been the topic of several research analyst reports. JPMorgan Chase & Co. upped their price target on shares of Rockwell Automation from $357.00 to $400.00 and gave the stock a “neutral” rating in a report on Tuesday, November 11th. Wells Fargo & Company upped their target price on Rockwell Automation from $355.00 to $380.00 and gave the stock an “equal weight” rating in a research note on Friday, November 7th. Barclays raised their price target on Rockwell Automation from $417.00 to $435.00 and gave the company an “overweight” rating in a report on Thursday, December 4th. Jefferies Financial Group boosted their price objective on Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Morgan Stanley raised their target price on shares of Rockwell Automation from $385.00 to $435.00 and gave the company an “overweight” rating in a research note on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $390.33.

Rockwell Automation Stock Down 1.9%

Shares of ROK opened at $405.06 on Friday. The firm has a market cap of $45.48 billion, a P/E ratio of 52.88, a P/E/G ratio of 2.77 and a beta of 1.50. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77. Rockwell Automation, Inc. has a 1 year low of $215.00 and a 1 year high of $415.89. The stock has a 50 day simple moving average of $372.87 and a two-hundred day simple moving average of $350.88.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data 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. The company had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The firm’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal 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 $1.38 dividend. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend was Monday, November 17th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. Rockwell Automation’s dividend payout ratio is presently 72.06%.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, VP Terry L. Riesterer sold 225 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.13, for a total value of $90,479.25. Following the completion of the sale, the vice president owned 2,034 shares in the company, valued at approximately $817,932.42. The trade was a 9.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Matheus De A. G. Viera Bulho sold 476 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.02, for a total transaction of $191,361.52. Following the completion of the transaction, the senior vice president owned 2,401 shares in the company, valued at $965,250.02. This represents a 16.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 87,253 shares of company stock worth $34,405,319 over the last three months. Corporate 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.