Capital Advisors Inc. OK Acquires 2,074 Shares of Rockwell Automation, Inc. $ROK

Capital Advisors Inc. OK lifted its stake in Rockwell Automation, Inc. (NYSE:ROK) by 1.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 149,600 shares of the industrial products company’s stock after acquiring an additional 2,074 shares during the period. Rockwell Automation makes up 1.1% of Capital Advisors Inc. OK’s portfolio, making the stock its 26th largest holding. Capital Advisors Inc. OK’s holdings in Rockwell Automation were worth $74,064,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of ROK. BlackRock Inc. purchased a new stake in Rockwell Automation in the second quarter worth about $6,129,376,000. State Street Corp lifted its position in shares of Rockwell Automation by 4.2% during the 4th quarter. State Street Corp now owns 4,996,130 shares of the industrial products company’s stock valued at $1,943,844,000 after buying an additional 202,705 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Rockwell Automation by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 2,924,501 shares of the industrial products company’s stock valued at $1,133,397,000 after buying an additional 17,855 shares in the last quarter. Morgan Stanley grew its stake in shares of Rockwell Automation by 10.4% during the 4th quarter. Morgan Stanley now owns 2,921,840 shares of the industrial products company’s stock valued at $1,136,801,000 after acquiring an additional 276,021 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in shares of Rockwell Automation by 1.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,104,985 shares of the industrial products company’s stock valued at $818,986,000 after acquiring an additional 24,719 shares during the period. 75.75% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on ROK shares. BNP Paribas Exane raised their target price on shares of Rockwell Automation from $495.00 to $515.00 in a research note on Wednesday, May 6th. Citigroup reduced their price objective on shares of Rockwell Automation from $555.00 to $536.00 and set a “buy” rating for the company in a research note on Wednesday, August 5th. Evercore set a $485.00 price objective on Rockwell Automation in a research report on Wednesday, August 5th. Wall Street Zen lowered Rockwell Automation from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Robert W. Baird set a $514.00 target price on Rockwell Automation in a research report on Wednesday, August 5th. Nine analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $468.19.

Rockwell Automation Stock Performance

Shares of NYSE ROK opened at $430.73 on Friday. The company has a market cap of $47.83 billion, a P/E ratio of 40.37, a P/E/G ratio of 2.52 and a beta of 1.54. Rockwell Automation, Inc. has a 52-week low of $332.71 and a 52-week high of $497.36. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 1.08. The firm’s fifty day moving average is $458.33 and its two-hundred day moving average is $427.31.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $3.49 EPS for the quarter, beating the consensus estimate of $3.38 by $0.11. The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. The business’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.82 EPS. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. As a group, analysts anticipate that Rockwell Automation, Inc. will post 13.21 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be paid a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $5.52 dividend on an annualized basis and a yield of 1.3%. Rockwell Automation’s dividend payout ratio is presently 51.73%.

Rockwell Automation announced that its board has initiated a share buyback plan on Tuesday, June 9th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the industrial products company to reacquire up to 2% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

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 stock was 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 $2,043,282.87. This trade represents a 7.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Patricia A. Watson sold 1,100 shares of Rockwell Automation stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $431.43, for a total value of $474,573.00. Following the completion of the sale, the director directly owned 6,385 shares in the company, valued at approximately $2,754,680.55. The trade was a 14.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,285 shares of company stock valued at $1,003,904. Insiders own 0.76% of the company’s stock.

About Rockwell Automation

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.