Rockwell Automation, Inc. $ROK Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lowered its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) by 45.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,822 shares of the industrial products company’s stock after selling 2,368 shares during the quarter. SG Americas Securities LLC’s holdings in Rockwell Automation were worth $937,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Advisors Capital Management LLC raised its holdings in Rockwell Automation by 1.7% during the second quarter. Advisors Capital Management LLC now owns 2,066 shares of the industrial products company’s stock worth $686,000 after purchasing an additional 34 shares in the last quarter. Howe & Rusling Inc. increased its stake in Rockwell Automation by 4.9% in the 1st quarter. Howe & Rusling Inc. now owns 794 shares of the industrial products company’s stock worth $205,000 after purchasing an additional 37 shares in the last quarter. IFP Advisors Inc raised its holdings in shares of Rockwell Automation by 2.7% during the second quarter. IFP Advisors Inc now owns 1,427 shares of the industrial products company’s stock valued at $476,000 after acquiring an additional 37 shares during the period. SBI Securities Co. Ltd. grew its holdings in shares of Rockwell Automation by 48.7% during the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after buying an additional 38 shares in the last quarter. Finally, Bank of Jackson Hole Trust lifted its stake in Rockwell Automation by 34.2% in the 2nd quarter. Bank of Jackson Hole Trust now owns 161 shares of the industrial products company’s stock worth $53,000 after acquiring an additional 41 shares in the last quarter. 75.75% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, VP Isaac Woods sold 250 shares of the firm’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $350.00, for a total value of $87,500.00. Following the completion of the transaction, the vice president owned 1,662 shares in the company, valued at $581,700. This trade represents a 13.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Matheus De A. G. Viera Bulho sold 822 shares of the company’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $365.00, for a total value of $300,030.00. Following the sale, the senior vice president owned 983 shares in the company, valued at $358,795. The trade was a 45.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 92,075 shares of company stock valued at $34,820,361 over the last 90 days. 0.68% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on ROK. Weiss Ratings reissued a “hold (c)” rating on shares of Rockwell Automation in a research report on Wednesday. Bank of America boosted their target price on shares of Rockwell Automation from $410.00 to $430.00 and gave the stock a “buy” rating in a research report on Thursday. Citigroup reiterated a “buy” rating on shares of Rockwell Automation in a research note on Thursday, October 9th. Robert W. Baird upped their target price on Rockwell Automation from $392.00 to $402.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Wall Street Zen raised Rockwell Automation from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. 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 issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $371.44.

Rockwell Automation Trading Up 2.7%

Shares of NYSE ROK opened at $378.77 on Monday. The stock has a market cap 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 twelve month low of $215.00 and a twelve month high of $398.20. The company has a quick ratio of 0.72, a current ratio of 1.06 and a debt-to-equity ratio of 0.72. The company’s fifty day moving average is $357.03 and its 200-day moving average is $341.57.

Rockwell Automation (NYSE:ROK) last posted its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. The firm had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.19 billion. Rockwell Automation had a return on equity of 30.14% and a net margin of 12.03%.The company’s revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.47 earnings per share. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Equities research analysts predict that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Increases Dividend

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

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.