Rockwell Automation, Inc. $ROK Shares Sold by Wilkerson Advisory Group LLC

Wilkerson Advisory Group LLC decreased its position in Rockwell Automation, Inc. (NYSE:ROK) by 62.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 694 shares of the industrial products company’s stock after selling 1,162 shares during the period. Wilkerson Advisory Group LLC’s holdings in Rockwell Automation were worth $249,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of ROK. MV Capital Management Inc. purchased a new stake in shares of Rockwell Automation during the 4th quarter worth about $28,000. Manchester Capital Management LLC increased its stake in shares of Rockwell Automation by 97.5% in the 4th quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 39 shares in the last quarter. Cassaday & Co Wealth Management LLC purchased a new position in shares of Rockwell Automation in the 1st quarter valued at about $31,000. First Horizon Corp acquired a new position in Rockwell Automation in the 4th quarter worth about $32,000. Finally, BOK Financial Private Wealth Inc. acquired a new position in Rockwell Automation in the 4th quarter worth about $33,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Insider Activity

In other Rockwell Automation news, SVP Matthew W. Fordenwalt sold 377 shares of Rockwell Automation stock in a transaction on Thursday, June 4th. The shares were 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 $2,043,282.87. The trade was a 7.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John M. Miller sold 1,054 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $426.02, for a total transaction of $449,025.08. Following the sale, the vice president directly owned 5,615 shares of the company’s stock, valued at $2,392,102.30. The trade was a 15.80% 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. Insiders sold 9,361 shares of company stock valued at $4,189,886 in the last three months. Company insiders own 0.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. TD Cowen raised their price objective on Rockwell Automation from $350.00 to $400.00 and gave the company a “hold” rating in a report on Wednesday, May 13th. Citigroup upped their target price on Rockwell Automation from $500.00 to $555.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. KeyCorp increased their target price on Rockwell Automation from $470.00 to $510.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Morgan Stanley reissued an “overweight” rating and issued a $525.00 price target on shares of Rockwell Automation in a research note on Wednesday, May 6th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $380.00 price target (down from $490.00) on shares of Rockwell Automation in a report on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $469.33.

Rockwell Automation Trading Down 0.6%

ROK stock opened at $459.11 on Tuesday. The company has a current ratio of 1.09, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. Rockwell Automation, Inc. has a 12-month low of $305.44 and a 12-month high of $497.36. The stock has a market cap of $51.09 billion, a price-to-earnings ratio of 47.72, a PEG ratio of 2.94 and a beta of 1.54. The business’s 50-day moving average is $461.32 and its 200 day moving average is $420.30.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $3.30 EPS for the quarter, topping the consensus estimate of $2.88 by $0.42. Rockwell Automation had a return on equity of 37.54% and a net margin of 12.36%.The company had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.16 billion. During the same period in the previous year, the business earned $2.45 EPS. Rockwell Automation’s quarterly 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. On average, sell-side analysts anticipate that Rockwell Automation, Inc. will post 13.06 EPS for the current fiscal year.

Rockwell Automation declared that its board has authorized a share repurchase program 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 repurchase up to 2% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

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 given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Monday, August 17th. Rockwell Automation’s payout ratio is presently 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.