2,455 Shares in Rockwell Automation, Inc. $ROK Bought by Marble Wealth LLC

Marble Wealth LLC purchased a new position in Rockwell Automation, Inc. (NYSE:ROK) in the fourth quarter, HoldingsChannel reports. The fund purchased 2,455 shares of the industrial products company’s stock, valued at approximately $955,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Rockwell Automation by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 14,206,311 shares of the industrial products company’s stock worth $5,527,249,000 after buying an additional 114,469 shares during the last quarter. State Street Corp increased its stake in Rockwell Automation by 0.9% during the third quarter. State Street Corp now owns 4,793,425 shares of the industrial products company’s stock valued at $1,675,446,000 after purchasing an additional 42,809 shares during the last quarter. Geode Capital Management LLC increased its stake in Rockwell Automation by 0.6% during the fourth 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 purchasing an additional 17,855 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Rockwell Automation by 1.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,104,985 shares of the industrial products company’s stock valued at $818,986,000 after purchasing an additional 24,719 shares during the last quarter. Finally, Norges Bank bought a new stake in Rockwell Automation during the fourth quarter valued at $615,596,000. Institutional investors own 75.75% of the company’s stock.

Insider Activity at Rockwell Automation

In other news, VP Terry L. Riesterer sold 4,024 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $451.97, for a total transaction of $1,818,727.28. Following the completion of the transaction, the vice president owned 134 shares of the company’s stock, valued at approximately $60,563.98. The trade was a 96.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Matthew W. Fordenwalt sold 1,200 shares of the business’s stock in a transaction on Monday, April 13th. The shares were sold at an average price of $400.00, for a total transaction of $480,000.00. Following the transaction, the senior vice president directly owned 4,437 shares of the company’s stock, valued at approximately $1,774,800. This trade represents a 21.29% 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 quarter, insiders have sold 11,713 shares of company stock valued at $5,066,717. Company insiders own 0.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. HSBC boosted their target price on shares of Rockwell Automation from $445.00 to $490.00 in a research note on Wednesday, May 6th. Weiss Ratings upgraded shares of Rockwell Automation from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, March 25th. Barclays boosted their target price on shares of Rockwell Automation from $400.00 to $480.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Wells Fargo & Company boosted their target price on shares of Rockwell Automation from $360.00 to $440.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Finally, BNP Paribas Exane boosted their target price on shares of Rockwell Automation from $495.00 to $515.00 in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $449.16.

Rockwell Automation Stock Performance

Shares of ROK opened at $463.23 on Wednesday. Rockwell Automation, Inc. has a 1 year low of $305.44 and a 1 year high of $465.32. The company has a market cap of $51.54 billion, a price-to-earnings ratio of 48.15, a price-to-earnings-growth ratio of 2.92 and a beta of 1.57. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.09. The firm has a fifty day moving average of $410.85 and a 200-day moving average of $402.06.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $3.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.88 by $0.42. Rockwell Automation had a net margin of 12.36% and a return on equity of 37.54%. The company had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.16 billion. During the same quarter in the previous year, the company posted $2.45 earnings per share. The company’s revenue for the quarter was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 12.500-13.100 EPS. As a group, equities analysts anticipate that Rockwell Automation, Inc. will post 13.01 earnings per share for the current year.

Rockwell Automation Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th will be issued a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $5.52 annualized dividend and a dividend yield of 1.2%. Rockwell Automation’s payout ratio is 57.38%.

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.