Rockwell Automation, Inc. $ROK Shares Bought by VCI Wealth Management LLC

VCI Wealth Management LLC increased its stake in Rockwell Automation, Inc. (NYSE:ROK) by 29.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,895 shares of the industrial products company’s stock after buying an additional 1,564 shares during the quarter. VCI Wealth Management LLC’s holdings in Rockwell Automation were worth $2,410,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in Rockwell Automation in the second quarter valued at approximately $368,575,000. Holocene Advisors LP boosted its stake in shares of Rockwell Automation by 128.9% in the second quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock valued at $287,989,000 after purchasing an additional 488,262 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in Rockwell Automation by 720.8% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 399,309 shares of the industrial products company’s stock valued at $132,638,000 after purchasing an additional 350,662 shares in the last quarter. Ontario Teachers Pension Plan Board increased its stake in Rockwell Automation by 7,730.3% during the 2nd quarter. Ontario Teachers Pension Plan Board now owns 354,792 shares of the industrial products company’s stock worth $117,851,000 after buying an additional 350,261 shares during the period. Finally, Marshall Wace LLP lifted its holdings in Rockwell Automation by 294.5% in the 2nd quarter. Marshall Wace LLP now owns 429,492 shares of the industrial products company’s stock worth $142,664,000 after buying an additional 320,627 shares in the last quarter. 75.75% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Rebecca W. House sold 1,698 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.06, for a total transaction of $682,697.88. Following the completion of the transaction, the senior vice president directly owned 12,200 shares of the company’s stock, valued at approximately $4,905,132. This represents a 12.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Blake D. Moret sold 61,700 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $391.56, for a total value of $24,159,252.00. Following the sale, the chief executive officer owned 83,873 shares in the company, valued at $32,841,311.88. The trade was a 42.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 87,253 shares of company stock worth $34,405,319. Corporate insiders own 0.68% of the company’s stock.

Rockwell Automation Price Performance

Shares of ROK opened at $398.12 on Friday. Rockwell Automation, Inc. has a 52 week low of $215.00 and a 52 week high of $415.89. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70. The firm has a market cap of $44.70 billion, a price-to-earnings ratio of 51.97, a PEG ratio of 2.67 and a beta of 1.50. The stock has a 50 day moving average of $382.34 and a 200-day moving average of $355.87.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.94 by $0.40. The business had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The business’s revenue was up 13.8% compared to the same quarter last year. During the same period in the prior year, the company posted $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. As a group, analysts forecast that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Monday, November 17th. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. Rockwell Automation’s payout ratio is 72.06%.

Wall Street Analyst Weigh In

ROK has been the subject of several recent analyst reports. Zacks Research upgraded Rockwell Automation from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th. Wall Street Zen upgraded Rockwell Automation from a “hold” rating to a “buy” rating in a research note on Sunday, September 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Rockwell Automation in a research report on Monday. Oppenheimer reissued an “outperform” rating and set a $391.00 price target on shares of Rockwell Automation in a research report on Friday, November 7th. Finally, Bank of America lifted their price target on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Rockwell Automation has a consensus rating of “Moderate Buy” and a consensus price target of $403.31.

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.