OneDigital Investment Advisors LLC Buys Shares of 4,189 Rockwell Automation, Inc. $ROK

OneDigital Investment Advisors LLC purchased a new position in shares of Rockwell Automation, Inc. (NYSE:ROK) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 4,189 shares of the industrial products company’s stock, valued at approximately $2,074,000.

Several other large investors have also bought and sold shares of the business. MV Capital Management Inc. acquired a new position in Rockwell Automation during the fourth quarter worth about $28,000. Manchester Capital Management LLC boosted its stake in shares of 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 purchasing an additional 39 shares in the last quarter. First Horizon Corp acquired a new stake in shares of Rockwell Automation in the 4th quarter valued at approximately $32,000. BOK Financial Private Wealth Inc. bought a new stake in shares of Rockwell Automation during the 4th quarter valued at approximately $33,000. Finally, TD Capital Management LLC acquired a new position in Rockwell Automation during the 4th quarter worth approximately $33,000. 75.75% of the stock is owned by institutional investors and hedge funds.

Rockwell Automation Trading Down 0.0%

NYSE ROK opened at $449.33 on Monday. The firm has a market capitalization of $49.90 billion, a PE ratio of 42.11, a price-to-earnings-growth ratio of 2.62 and a beta of 1.54. The business’s 50-day moving average price is $463.72 and its two-hundred day moving average price is $426.49. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 0.74. Rockwell Automation, Inc. has a 12 month low of $332.71 and a 12 month high of $497.36.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.38 by $0.11. The company had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%.The firm’s revenue was up 7.9% compared to the same quarter last year. During the same period last year, the company earned $2.82 earnings per share. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. On average, analysts expect that Rockwell Automation, Inc. will post 13.22 EPS for the current year.

Rockwell Automation Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders 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 yield of 1.2%. The ex-dividend date of this dividend is Monday, August 17th. Rockwell Automation’s dividend payout ratio is currently 51.73%.

Rockwell Automation announced that its Board of Directors has approved a share buyback plan on Tuesday, June 9th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the industrial products company to buy up to 2% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

Several equities analysts recently commented on ROK shares. Morgan Stanley reissued an “overweight” rating and issued a $525.00 price objective on shares of Rockwell Automation in a research note on Wednesday, May 6th. The Goldman Sachs Group boosted their target price on shares of Rockwell Automation from $448.00 to $487.00 in a research note on Wednesday, May 6th. Citigroup lowered their price objective on Rockwell Automation from $555.00 to $536.00 and set a “buy” rating for the company in a research note on Wednesday, August 5th. Argus boosted their target price on shares of Rockwell Automation from $465.00 to $530.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Finally, HSBC upped their price target on shares of Rockwell Automation from $445.00 to $490.00 in a research report on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $468.67.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, SVP Matthew W. Fordenwalt sold 377 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $460.51, for a total transaction of $173,612.27. Following the completion of the transaction, the senior vice president owned 4,437 shares in the company, valued at approximately $2,043,282.87. This trade represents a 7.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 stock was sold at an average price of $426.02, for a total transaction of $449,025.08. Following the completion of the transaction, the vice president owned 5,615 shares in the company, valued at $2,392,102.30. This trade represents a 15.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 1,649 shares of company stock valued at $722,119. Company insiders own 0.76% of the company’s stock.

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.