Rockwell Automation, Inc. $ROK Holdings Lifted by Nwam LLC

Nwam LLC raised its position in Rockwell Automation, Inc. (NYSE:ROK) by 647.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 6,154 shares of the industrial products company’s stock after acquiring an additional 5,331 shares during the quarter. Nwam LLC’s holdings in Rockwell Automation were worth $2,209,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in ROK. MV Capital Management Inc. acquired a new position in shares of Rockwell Automation during the fourth quarter worth approximately $28,000. Manchester Capital Management LLC increased its position in Rockwell Automation by 97.5% in the 4th quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 39 shares during the period. First Horizon Corp bought a new stake in Rockwell Automation during the 4th quarter valued at $32,000. BOK Financial Private Wealth Inc. bought a new stake in Rockwell Automation during the 4th quarter valued at $33,000. Finally, TD Capital Management LLC acquired a new position in Rockwell Automation during the 4th quarter worth $33,000. Institutional investors own 75.75% of the company’s stock.

Insider Buying and Selling at Rockwell Automation

In related news, VP John M. Miller sold 1,054 shares of Rockwell Automation stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total value of $449,025.08. Following the transaction, the vice president directly owned 5,615 shares in the company, valued at $2,392,102.30. The trade was a 15.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Terry L. Riesterer sold 4,024 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $451.97, for a total value of $1,818,727.28. Following the sale, the vice president directly owned 134 shares of the company’s stock, valued at approximately $60,563.98. This represents a 96.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 9,361 shares of company stock worth $4,189,886. 0.76% of the stock is owned by insiders.

Rockwell Automation Price Performance

Shares of NYSE ROK opened at $461.47 on Thursday. The firm has a 50-day moving average of $460.71 and a two-hundred day moving average of $418.89. The company has a market capitalization of $51.35 billion, a price-to-earnings ratio of 47.97, a PEG ratio of 2.99 and a beta of 1.54. The company has a current ratio of 1.09, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. Rockwell Automation, Inc. has a twelve month low of $305.44 and a twelve month high of $497.36.

Rockwell Automation (NYSE:ROK) last released its earnings results on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, topping analysts’ consensus estimates 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 period in the previous year, the firm earned $2.45 EPS. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. As a group, analysts expect that Rockwell Automation, Inc. will post 13.06 earnings per share for the current fiscal year.

Rockwell Automation declared that its board has approved a share repurchase program on Tuesday, June 9th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the industrial products company to reacquire up to 2% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its stock is undervalued.

Rockwell Automation Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Monday, August 17th. Rockwell Automation’s dividend payout ratio is 57.38%.

Analyst Ratings Changes

Several research firms have recently issued reports on ROK. Citigroup increased their price target on Rockwell Automation from $500.00 to $555.00 and gave the stock a “buy” rating in a research note on Monday. KeyCorp upped their price objective on shares of Rockwell Automation from $470.00 to $510.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Robert W. Baird increased their target price on shares of Rockwell Automation from $470.00 to $527.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Mizuho set a $445.00 target price on shares of Rockwell Automation in a research note on Wednesday, May 6th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Rockwell Automation from $404.00 to $417.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $469.33.

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.