Rockwell Automation, Inc. $ROK Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. cut its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 0.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,578,663 shares of the industrial products company’s stock after selling 1,293 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.40% of Rockwell Automation worth $524,388,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. SBI Securities Co. Ltd. raised its holdings in shares of Rockwell Automation by 48.7% in the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 38 shares in the last quarter. Legend Financial Advisors Inc. bought a new stake in Rockwell Automation during the second quarter worth approximately $39,000. Financial Gravity Companies Inc. acquired a new position in Rockwell Automation in the second quarter worth approximately $40,000. AdvisorShares Investments LLC acquired a new position in Rockwell Automation in the second quarter worth approximately $50,000. Finally, Maryland Capital Advisors Inc. increased its holdings in shares of Rockwell Automation by 862.5% in the second quarter. Maryland Capital Advisors Inc. now owns 154 shares of the industrial products company’s stock valued at $51,000 after buying an additional 138 shares in the last quarter. Institutional investors own 75.75% of the company’s stock.

Rockwell Automation Stock Performance

Shares of ROK stock opened at $378.77 on Monday. The company has a market capitalization of $42.53 billion, a price-to-earnings ratio of 44.46, a P/E/G ratio of 3.30 and a beta of 1.45. Rockwell Automation, Inc. has a 1-year low of $215.00 and a 1-year high of $398.20. The company has a current ratio of 1.06, a quick ratio of 0.72 and a debt-to-equity ratio of 0.72. The stock’s fifty day simple moving average is $357.03 and its 200-day simple moving average is $341.57.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, topping analysts’ consensus estimates of $2.94 by $0.40. Rockwell Automation had a return on equity of 30.14% and a net margin of 12.03%.The firm had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.19 billion. During the same period last year, the company posted $2.47 EPS. The business’s quarterly revenue was up 13.8% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. On average, sell-side analysts predict that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Monday, November 17th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, November 17th. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 dividend on an annualized basis and a yield of 1.5%. Rockwell Automation’s payout ratio is presently 72.06%.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, SVP Matheus De A. G. Viera Bulho sold 822 shares of the stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $365.00, for a total value of $300,030.00. Following the completion of the sale, the senior vice president owned 983 shares in the company, valued at $358,795. This represents a 45.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Isaac Woods sold 365 shares of Rockwell Automation stock in a transaction on Friday, August 29th. The shares were sold at an average price of $348.44, for a total transaction of $127,180.60. Following the sale, the vice president directly owned 1,691 shares of the company’s stock, valued at $589,212.04. This trade represents a 17.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 92,075 shares of company stock worth $34,820,361. 0.68% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Morgan Stanley raised their price objective on Rockwell Automation from $385.00 to $435.00 and gave the stock an “overweight” rating in a research note on Monday, November 10th. KeyCorp upped their target price on Rockwell Automation from $370.00 to $380.00 and gave the company an “overweight” rating in a report on Thursday, August 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Rockwell Automation in a research report on Wednesday. Citigroup reissued a “buy” rating on shares of Rockwell Automation in a research note on Thursday, October 9th. Finally, Bank of America upped their price objective on shares of Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Rockwell Automation has an average rating of “Moderate Buy” and a consensus target price of $371.44.

Rockwell Automation Company Profile

Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.