GHP Investment Advisors Inc. raised its position in shares of Rockwell Automation, Inc. (NYSE:ROK – Free Report) by 2.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,025 shares of the industrial products company’s stock after buying an additional 1,431 shares during the quarter. Rockwell Automation comprises 0.9% of GHP Investment Advisors Inc.’s portfolio, making the stock its 27th biggest holding. GHP Investment Advisors Inc.’s holdings in Rockwell Automation were worth $20,824,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in the company. MV Capital Management Inc. purchased a new stake in shares of Rockwell Automation during the 4th quarter worth approximately $28,000. Manchester Capital Management LLC grew its holdings in shares of Rockwell Automation by 97.5% in the fourth quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 39 shares in the last quarter. First Horizon Corp bought a new stake in Rockwell Automation in the fourth quarter worth $32,000. BOK Financial Private Wealth Inc. bought a new stake in Rockwell Automation in the fourth quarter worth $33,000. Finally, TD Capital Management LLC purchased a new stake in Rockwell Automation during the fourth quarter valued at $33,000. Institutional investors own 75.75% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have commented on ROK. DA Davidson started coverage on shares of Rockwell Automation in a research report on Tuesday, June 16th. They set a “neutral” rating and a $500.00 price objective for the company. JPMorgan Chase & Co. boosted their target price on shares of Rockwell Automation from $404.00 to $417.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Wall Street Zen cut shares of Rockwell Automation from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Wells Fargo & Company increased their price target on shares of Rockwell Automation from $360.00 to $440.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Finally, Mizuho set a $445.00 price target on Rockwell Automation in a research report on Wednesday, May 6th. Ten equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $457.50.
Insider Buying and Selling
In other Rockwell Automation news, SVP Christopher Nardecchia sold 2,538 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $446.43, for a total value of $1,133,039.34. Following the completion of the sale, the senior vice president owned 14,232 shares of the company’s stock, valued at $6,353,591.76. This trade represents a 15.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John M. Miller sold 1,054 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $426.02, for a total value of $449,025.08. Following the transaction, the vice president owned 5,615 shares of the company’s stock, valued at $2,392,102.30. This trade represents a 15.80% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 12,308 shares of company stock worth $5,339,812 over the last three months. 0.76% of the stock is currently owned by company insiders.
Rockwell Automation Stock Up 3.9%
NYSE ROK opened at $478.23 on Friday. The company has a quick ratio of 0.76, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. Rockwell Automation, Inc. has a 52 week low of $305.44 and a 52 week high of $486.47. The firm has a market capitalization of $53.21 billion, a price-to-earnings ratio of 49.71, a PEG ratio of 2.95 and a beta of 1.57. The company has a fifty day moving average of $443.57 and a two-hundred day moving average of $411.66.
Rockwell Automation (NYSE:ROK – Get Free Report) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share for the quarter, beating the consensus estimate of $2.88 by $0.42. The business had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.16 billion. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.45 earnings per share. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. On average, analysts predict that Rockwell Automation, Inc. will post 13 earnings per share for the current year.
Rockwell Automation Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, August 17th. Rockwell Automation’s dividend payout ratio is 57.38%.
Rockwell Automation announced that its board has authorized a stock repurchase program on Tuesday, June 9th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the industrial products company to purchase up to 2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its shares are undervalued.
Rockwell Automation News Summary
Here are the key news stories impacting Rockwell Automation this week:
- Positive Sentiment: Argus raised its price target on Rockwell Automation to $530 from $465 and kept a Buy rating, implying meaningful upside from recent trading levels. Argus adjusts price target on Rockwell Automation to $530 from $465, maintains Buy rating
- Positive Sentiment: Rockwell Automation launched FactoryTalk Orchestration, and early adopters such as Heaven Hill and Cranswick are deploying the technology, supporting the company’s automation growth story. Rockwell Automation (ROK) Launches FactoryTalk Orchestration As Heaven Hill And Cranswick Deploy Its Tech
- Positive Sentiment: Rockwell Automation’s Singapore site was named a World Economic Forum Global Lighthouse, highlighting manufacturing excellence and strengthening its brand in industrial digital transformation. Rockwell Automation Singapore Site Named a World Economic Forum Global Lighthouse
- Neutral Sentiment: Zacks Research slightly lowered several near- and mid-term EPS estimates for Rockwell Automation, including FY2026 and multiple quarterly forecasts, but also nudged some later-period estimates higher. The revisions were modest overall and do not appear to materially change the long-term outlook. Rockwell Automation estimate revisions
- Neutral Sentiment: DA Davidson initiated coverage with a Neutral rating and a $500 price target, which supports the stock’s valuation but is less bullish than Argus’ Buy call. DA Davidson Initiates Rockwell Automation (ROK), Notes Strong Positioning in Industrial Automation
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.
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