Wealth Enhancement Advisory Services LLC Has $14.60 Million Stock Holdings in Rockwell Automation, Inc. $ROK

Wealth Enhancement Advisory Services LLC trimmed its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 5.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,627 shares of the industrial products company’s stock after selling 1,929 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Rockwell Automation were worth $14,595,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. NorthCrest Asset Manangement LLC grew its stake in shares of Rockwell Automation by 1.2% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 32,668 shares of the industrial products company’s stock valued at $13,222,000 after purchasing an additional 398 shares during the last quarter. Wedmont Private Capital lifted its holdings in Rockwell Automation by 5.4% during the 4th quarter. Wedmont Private Capital now owns 2,972 shares of the industrial products company’s stock worth $1,217,000 after buying an additional 153 shares in the last quarter. Maridea Wealth Management LLC lifted its holdings in Rockwell Automation by 580.0% during the 4th quarter. Maridea Wealth Management LLC now owns 5,522 shares of the industrial products company’s stock worth $2,148,000 after buying an additional 4,710 shares in the last quarter. Nordea Investment Management AB lifted its stake in shares of Rockwell Automation by 20.7% during the fourth quarter. Nordea Investment Management AB now owns 744,814 shares of the industrial products company’s stock valued at $291,073,000 after acquiring an additional 127,733 shares during the period. Finally, Procyon Advisors LLC boosted its holdings in Rockwell Automation by 50.9% in the fourth quarter. Procyon Advisors LLC now owns 2,779 shares of the industrial products company’s stock valued at $1,081,000 after acquiring an additional 937 shares during the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on ROK. Rothschild & Co Redburn upped their target price on shares of Rockwell Automation from $335.00 to $365.00 and gave the company a “neutral” rating in a research report on Wednesday, January 21st. Barclays lifted their price target on shares of Rockwell Automation from $435.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Oppenheimer downgraded shares of Rockwell Automation from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 20th. Stephens raised their price objective on shares of Rockwell Automation from $425.00 to $475.00 and gave the company an “overweight” rating in a research note on Friday, January 23rd. Finally, Zacks Research lowered shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $418.33.

Rockwell Automation Stock Down 0.1%

Rockwell Automation stock opened at $360.95 on Thursday. The firm has a market capitalization of $40.56 billion, a price-to-earnings ratio of 41.30, a PEG ratio of 2.58 and a beta of 1.53. The company’s 50 day simple moving average is $395.50 and its 200 day simple moving average is $381.50. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.16 and a quick ratio of 0.80. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $438.72.

Rockwell Automation (NYSE:ROK) last issued its earnings results on Thursday, February 5th. The industrial products company reported $2.75 EPS for the quarter, beating the consensus estimate of $2.46 by $0.29. The firm had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.08 billion. Rockwell Automation had a net margin of 11.56% and a return on equity of 34.92%. The business’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.83 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. As a group, sell-side analysts anticipate that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Monday, February 23rd were issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Monday, February 23rd. Rockwell Automation’s payout ratio is 63.16%.

Insiders Place Their Bets

In related news, SVP Christopher Nardecchia sold 14,465 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $410.01, for a total transaction of $5,930,794.65. Following the completion of the sale, the senior vice president directly owned 14,232 shares of the company’s stock, valued at approximately $5,835,262.32. This represents a 50.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Isaac Woods sold 1,271 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $405.69, for a total value of $515,631.99. Following the transaction, the vice president owned 1,687 shares of the company’s stock, valued at approximately $684,399.03. This trade represents a 42.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 49,228 shares of company stock worth $19,992,391 in the last three months. 0.76% of the stock is 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.