Strategic Advisors LLC Invests $1.75 Million in Rockwell Automation, Inc. $ROK

Strategic Advisors LLC purchased a new position in Rockwell Automation, Inc. (NYSE:ROK) in the third quarter, HoldingsChannel reports. The institutional investor purchased 5,002 shares of the industrial products company’s stock, valued at approximately $1,748,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in ROK. Thurston Springer Miller Herd & Titak Inc. increased its stake 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 valued at $32,000 after acquiring an additional 75 shares during the last quarter. Rexford Capital Inc. purchased a new position in shares of Rockwell Automation in the 2nd quarter worth about $33,000. SBI Securities Co. Ltd. increased its position in shares of Rockwell Automation by 48.7% during the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 38 shares during the last quarter. Financial Gravity Companies Inc. purchased a new position in shares of Rockwell Automation during the 2nd quarter valued at about $40,000. Finally, Sachetta LLC lifted its position in Rockwell Automation by 900.0% in the 3rd quarter. Sachetta LLC now owns 120 shares of the industrial products company’s stock worth $42,000 after buying an additional 108 shares during the last quarter. Hedge funds and other institutional investors own 75.75% of the company’s stock.

Insiders Place Their Bets

In other news, VP Scott Genereux sold 1,387 shares of Rockwell Automation stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $402.03, for a total transaction of $557,615.61. Following the completion of the transaction, the vice president directly owned 4,514 shares in the company, valued at approximately $1,814,763.42. This trade represents a 23.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Tessa M. Myers sold 1,020 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.07, for a total value of $410,111.40. Following the completion of the sale, the senior vice president directly owned 6,021 shares in the company, valued at approximately $2,420,863.47. This represents a 14.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 87,231 shares of company stock valued at $34,418,889 in the last 90 days. Corporate insiders own 0.76% of the company’s stock.

Analysts Set New Price Targets

ROK has been the topic of a number of recent research reports. Robert W. Baird increased their price target on shares of Rockwell Automation from $392.00 to $402.00 and gave the company an “outperform” rating in a research report on Friday, November 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Rockwell Automation in a research report on Monday, December 29th. Stephens upped their price target on shares of Rockwell Automation from $425.00 to $475.00 and gave the company an “overweight” rating in a research report on Friday, January 23rd. Barclays lifted their price objective on Rockwell Automation from $435.00 to $450.00 and gave the stock an “overweight” rating in a report on Wednesday, January 7th. Finally, Jefferies Financial Group increased their target price on Rockwell Automation from $450.00 to $470.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $410.12.

Rockwell Automation Trading Down 1.2%

NYSE ROK opened at $414.85 on Thursday. The stock has a market cap of $46.58 billion, a P/E ratio of 54.16, a price-to-earnings-growth ratio of 2.94 and a beta of 1.52. The stock has a 50 day simple moving average of $402.56 and a two-hundred day simple moving average of $369.30. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $429.58. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.14.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, topping the consensus estimate of $2.94 by $0.40. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The business had revenue of $4.63 billion during the quarter, compared to analyst estimates of $2.19 billion. During the same period in the prior year, the business earned $2.47 EPS. The company’s revenue for the quarter was up 13.8% on a year-over-year basis. 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 year.

Rockwell Automation 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.