Venture Visionary Partners LLC Buys 1,709 Shares of Rockwell Automation, Inc. $ROK

Venture Visionary Partners LLC lifted its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 28.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,662 shares of the industrial products company’s stock after purchasing an additional 1,709 shares during the quarter. Venture Visionary Partners LLC’s holdings in Rockwell Automation were worth $2,981,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Rockwell Automation by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 14,206,311 shares of the industrial products company’s stock worth $5,527,249,000 after acquiring an additional 114,469 shares during the last quarter. State Street Corp raised its stake 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 during the last quarter. Geode Capital Management LLC raised its stake 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 during the last quarter. Morgan Stanley increased its stake in shares of Rockwell Automation by 10.4% in 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 purchasing an additional 276,021 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of Rockwell Automation by 1.2% in 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 purchasing an additional 24,719 shares in the last quarter. Institutional investors and hedge funds own 75.75% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on ROK. Citigroup lifted their price target on Rockwell Automation from $466.00 to $500.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Barclays lifted their price objective on Rockwell Automation from $400.00 to $480.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Weiss Ratings upgraded Rockwell Automation from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, March 25th. DA Davidson set a $500.00 price target on Rockwell Automation in a research report on Monday. Finally, Wells Fargo & Company upped their price target on Rockwell Automation from $360.00 to $440.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $454.05.

Rockwell Automation Stock Up 1.0%

Rockwell Automation stock opened at $463.84 on Tuesday. Rockwell Automation, Inc. has a twelve month low of $305.44 and a twelve month high of $473.91. The stock’s fifty day simple moving average is $430.53 and its 200-day simple moving average is $407.59. The company has a current ratio of 1.09, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $51.61 billion, a P/E ratio of 48.22, a P/E/G ratio of 2.94 and a beta of 1.57.

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

Rockwell Automation Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be given 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 dividend yield of 1.2%. Rockwell Automation’s dividend payout ratio is currently 57.38%.

Rockwell Automation declared that its board has approved a stock repurchase plan on Tuesday, June 9th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the industrial products company to buy up to 2% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling at Rockwell Automation

In other news, SVP Matthew W. Fordenwalt sold 377 shares of the company’s stock in a transaction 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 sale, the senior vice president owned 4,437 shares of the company’s stock, valued at approximately $2,043,282.87. This represents a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Terry L. Riesterer sold 4,024 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $451.97, for a total value of $1,818,727.28. Following the sale, the vice president directly owned 134 shares in the company, valued at $60,563.98. This represents a 96.78% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 12,308 shares of company stock valued at $5,339,812. Insiders own 0.76% of the company’s stock.

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.