Commerzbank Aktiengesellschaft FI bought a new position in shares of Rockwell Automation, Inc. (NYSE:ROK) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,932 shares of the industrial products company’s stock, valued at approximately $523,000.

Several other large investors also recently bought and sold shares of the business. BlackRock Inc. lifted its position in shares of Rockwell Automation by 7.5% during the second quarter. BlackRock Inc. now owns 9,698,308 shares of the industrial products company’s stock worth $1,570,735,000 after acquiring an additional 679,645 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Rockwell Automation by 3.2% during the second quarter. Vanguard Group Inc. now owns 8,769,308 shares of the industrial products company’s stock worth $1,420,278,000 after acquiring an additional 268,101 shares in the last quarter. Lazard Asset Management LLC lifted its position in shares of Rockwell Automation by 0.5% during the second quarter. Lazard Asset Management LLC now owns 2,308,357 shares of the industrial products company’s stock worth $373,861,000 after acquiring an additional 11,384 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Rockwell Automation by 47.2% during the third quarter. Ameriprise Financial Inc. now owns 1,558,748 shares of the industrial products company’s stock worth $277,788,000 after acquiring an additional 499,745 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of Rockwell Automation by 12.8% during the third quarter. Wells Fargo & Company MN now owns 1,509,470 shares of the industrial products company’s stock worth $269,003,000 after acquiring an additional 171,598 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

In other Rockwell Automation news, SVP Sujeet Chand sold 3,371 shares of the firm’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $190.85, for a total transaction of $643,355.35. Following the sale, the senior vice president now owns 47,183 shares in the company, valued at $9,004,875.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Steven W. Etzel sold 514 shares of the firm’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $190.75, for a total value of $98,045.50. Following the sale, the vice president now owns 7,737 shares in the company, valued at approximately $1,475,832.75. The disclosure for this sale can be found here. In the last 90 days, insiders have acquired 1,340 shares of company stock worth $137,336 and have sold 18,025 shares worth $3,285,650. Company insiders own 1.65% of the company’s stock.

Rockwell Automation, Inc. (NYSE ROK) traded up $0.60 during midday trading on Friday, reaching $192.86. The company’s stock had a trading volume of 593,656 shares, compared to its average volume of 976,624. Rockwell Automation, Inc. has a twelve month low of $133.61 and a twelve month high of $210.72. The company has a quick ratio of 1.80, a current ratio of 2.06 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $24,783.09, a P/E ratio of 28.57, a price-to-earnings-growth ratio of 2.16 and a beta of 1.23.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Wednesday, November 8th. The industrial products company reported $1.69 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.72 by ($0.03). Rockwell Automation had a net margin of 13.08% and a return on equity of 38.67%. The firm had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter in the previous year, the business earned $1.52 EPS. The company’s revenue for the quarter was up 8.4% on a year-over-year basis. analysts expect that Rockwell Automation, Inc. will post 7.39 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Monday, November 13th will be given a dividend of $0.835 per share. This is an increase from Rockwell Automation’s previous quarterly dividend of $0.76. The ex-dividend date is Friday, November 10th. This represents a $3.34 dividend on an annualized basis and a yield of 1.73%. Rockwell Automation’s dividend payout ratio (DPR) is presently 52.68%.

Several equities research analysts have issued reports on ROK shares. Oppenheimer restated a “hold” rating on shares of Rockwell Automation in a research report on Friday, August 18th. Credit Suisse Group lowered their price objective on Rockwell Automation from $155.00 to $154.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 23rd. ValuEngine upgraded Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Thursday, September 7th. Cowen reiterated a “hold” rating and issued a $140.00 price objective on shares of Rockwell Automation in a research report on Sunday, September 17th. Finally, Zacks Investment Research upgraded Rockwell Automation from a “hold” rating to a “buy” rating and set a $200.00 price objective on the stock in a research report on Monday, October 2nd. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $166.87.

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Rockwell Automation Company Profile

Rockwell Automation, Inc (Rockwell Automation) is a provider of industrial automation power, control and information solutions for manufacturers. The Company operates through two segments: Architecture & Software and Control Products & Solutions. The Architecture & Software segment contains various hardware, software and communication components of the Company’s integrated control and information architecture capable of controlling the customer’s industrial processes and connecting with their manufacturing enterprise.

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Institutional Ownership by Quarter for Rockwell Automation (NYSE:ROK)

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