1,187 Rockwell Automation, Inc. $ROK Shares Acquired by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC lifted its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 79.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,684 shares of the industrial products company’s stock after buying an additional 1,187 shares during the quarter. Verdence Capital Advisors LLC’s holdings in Rockwell Automation were worth $1,169,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Apollon Wealth Management LLC increased its position in shares of Rockwell Automation by 1.5% in the 3rd quarter. Apollon Wealth Management LLC now owns 41,610 shares of the industrial products company’s stock worth $18,114,000 after purchasing an additional 634 shares during the last quarter. Holos Integrated Wealth LLC lifted its position in shares of Rockwell Automation by 320.0% during the third quarter. Holos Integrated Wealth LLC now owns 210 shares of the industrial products company’s stock worth $89,000 after purchasing an additional 160 shares during the last quarter. Sigma Planning Corp grew its stake in Rockwell Automation by 1.2% in the third quarter. Sigma Planning Corp now owns 3,535 shares of the industrial products company’s stock worth $1,539,000 after purchasing an additional 41 shares in the last quarter. Paladin Wealth LLC grew its stake in Rockwell Automation by 56.6% in the third quarter. Paladin Wealth LLC now owns 908 shares of the industrial products company’s stock worth $395,000 after purchasing an additional 328 shares in the last quarter. Finally, Signaturefd LLC grew its stake in Rockwell Automation by 3.0% in the third quarter. Signaturefd LLC now owns 2,425 shares of the industrial products company’s stock worth $1,056,000 after purchasing an additional 71 shares in the last quarter. Institutional investors own 75.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on ROK shares. The Goldman Sachs Group cut their price objective on Rockwell Automation from $510.00 to $485.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 30th. Wells Fargo & Company started coverage on Rockwell Automation in a report on Thursday, September 24th. They issued an “equal weight” rating and a $426.00 price target for the company. Evercore set a $485.00 price target on Rockwell Automation in a report on Wednesday, August 5th. Mizuho dropped their price target on Rockwell Automation from $445.00 to $430.00 and set a “neutral” rating on the stock in a research report on Thursday, October 15th. Finally, Morgan Stanley set a $520.00 price target on Rockwell Automation in a report on Friday, October 16th. Nine equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat, Rockwell Automation currently has an average rating of “Hold” and an average target price of $468.00.

Insider Buying and Selling at Rockwell Automation

In related news, CFO Christian E. Rothe sold 590 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $434.30, for a total transaction of $256,237.00. Following the completion of the sale, the chief financial officer directly owned 10,429 shares of the company’s stock, valued at $4,529,314.70. This represents a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Matheus De A. G. Viera Bulho sold 467 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $426.96, for a total transaction of $199,390.32. Following the sale, the senior vice president owned 1,267 shares of the company’s stock, valued at $540,958.32. The trade was a 26.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 2,711 shares of company stock worth $1,164,880. 0.76% of the stock is currently owned by company insiders.

Rockwell Automation Price Performance

NYSE ROK opened at $443.65 on Thursday. Rockwell Automation, Inc. has a 12 month low of $347.53 and a 12 month high of $497.36. The firm has a market capitalization of $49.27 billion, a PE ratio of 41.58, a P/E/G ratio of 2.02 and a beta of 1.51. The company’s 50 day simple moving average is $430.46 and its 200 day simple moving average is $426.95. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.08 and a quick ratio of 0.74.

Rockwell Automation (NYSE:ROK) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.38 by $0.11. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%. The company had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same period last year, the firm earned $2.82 EPS. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. As a group, equities research analysts forecast that Rockwell Automation, Inc. will post 13.26 EPS for the current fiscal year.

Rockwell Automation Profile

Rockwell Automation, Inc (NYSE: ROK) is a global provider of industrial automation and digital transformation technologies. The company helps manufacturers and industrial organizations improve productivity, safety, quality and operational efficiency through connected hardware, software and services.

Its product portfolio includes industrial control systems, programmable logic controllers, motor control and sensing equipment, industrial computers, safety products, networking technologies and power-control solutions.