Janney Capital Management LLC Trims Holdings in Rockwell Automation, Inc. $ROK

Janney Capital Management LLC trimmed its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 56.1% in the 3rd quarter, Holdings Channel reports. The fund owned 1,112 shares of the industrial products company’s stock after selling 1,419 shares during the quarter. Janney Capital Management LLC’s holdings in Rockwell Automation were worth $389,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of ROK. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Rockwell Automation by 468.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 75 shares during the period. Rexford Capital Inc. purchased a new position in shares of Rockwell Automation during the second quarter valued at approximately $33,000. Legend Financial Advisors Inc. bought a new stake in shares of Rockwell Automation in the 2nd quarter worth approximately $39,000. SBI Securities Co. Ltd. grew its stake in shares of Rockwell Automation by 48.7% in the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after buying an additional 38 shares during the last quarter. Finally, Financial Gravity Companies Inc. purchased a new stake in shares of Rockwell Automation in the 2nd quarter worth approximately $40,000. 75.75% of the stock is owned by hedge funds and other institutional investors.

Rockwell Automation Price Performance

Shares of NYSE:ROK opened at $416.92 on Wednesday. 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 firm has a market cap of $46.81 billion, a price-to-earnings ratio of 54.43, a price-to-earnings-growth ratio of 2.77 and a beta of 1.52. The business has a 50-day simple moving average of $393.74 and a two-hundred day simple moving average of $363.60. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $420.19.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results 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. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The firm had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $2.19 billion. During the same quarter last year, the firm posted $2.47 EPS. The business’s quarterly 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. On average, analysts expect 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. Shareholders 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 yield of 1.3%. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s dividend payout ratio (DPR) is presently 72.06%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on ROK shares. Morgan Stanley lifted their price objective on Rockwell Automation from $435.00 to $440.00 and gave the company an “overweight” rating in a research note on Tuesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Rockwell Automation in a research report on Monday, December 29th. Evercore ISI started coverage on shares of Rockwell Automation in a research report on Monday, December 15th. They set an “in-line” rating and a $440.00 price objective on the stock. Wall Street Zen raised shares of Rockwell Automation from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. Finally, Robert W. Baird upped their target price on shares of Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $406.44.

Insider Activity

In other news, VP Scott Genereux sold 1,387 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.03, for a total value of $557,615.61. Following the transaction, the vice president directly owned 4,514 shares in the company, valued at $1,814,763.42. This trade represents a 23.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Rebecca W. House sold 1,698 shares of Rockwell Automation stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $402.06, for a total value of $682,697.88. Following the completion of the sale, the senior vice president directly owned 12,200 shares of the company’s stock, valued at $4,905,132. The trade was a 12.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 88,053 shares of company stock worth $34,718,919. Insiders own 0.76% of the company’s stock.

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.