Safeguard Investment Advisory Group LLC Purchases Shares of 1,202 Rockwell Automation, Inc. $ROK

Safeguard Investment Advisory Group LLC purchased a new position in shares of Rockwell Automation, Inc. (NYSE:ROK) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,202 shares of the industrial products company’s stock, valued at approximately $595,000.

A number of other large investors also recently modified their holdings of ROK. Virtus Advisers LLC bought a new position in Rockwell Automation in the second quarter valued at approximately $25,000. MV Capital Management Inc. bought a new stake in shares of Rockwell Automation during the 4th quarter worth approximately $28,000. Manchester Capital Management LLC raised its stake in shares of Rockwell Automation by 97.5% during the 4th quarter. Manchester Capital Management LLC now owns 79 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 39 shares in the last quarter. BOK Financial Private Wealth Inc. acquired a new stake in shares of Rockwell Automation in the 4th quarter valued at approximately $33,000. Finally, TD Capital Management LLC acquired a new stake in shares of Rockwell Automation in the 4th quarter valued at approximately $33,000. 75.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP Matthew W. Fordenwalt sold 377 shares of Rockwell Automation stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $460.51, for a total transaction of $173,612.27. Following the completion of the sale, the senior vice president owned 4,437 shares of the company’s stock, valued at approximately $2,043,282.87. The trade was a 7.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Christian E. Rothe sold 590 shares of the company’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $434.30, for a total transaction of $256,237.00. Following the completion of the transaction, the chief financial officer owned 10,429 shares in the company, valued at approximately $4,529,314.70. This trade represents a 5.35% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 1,185 shares of company stock worth $529,331 over the last three months. Insiders own 0.76% of the company’s stock.

Rockwell Automation Stock Up 0.1%

ROK stock opened at $437.50 on Monday. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $48.58 billion, a PE ratio of 41.00, a PEG ratio of 2.55 and a beta of 1.54. Rockwell Automation, Inc. has a 1-year low of $332.71 and a 1-year high of $497.36. The business’s 50 day simple moving average is $461.98 and its 200 day simple moving average is $426.98.

Rockwell Automation (NYSE:ROK) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share for the quarter, beating analysts’ consensus estimates of $3.38 by $0.11. Rockwell Automation had a return on equity of 39.83% and a net margin of 13.39%.The business had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter in the prior year, the business earned $2.82 EPS. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. As a group, research analysts anticipate that Rockwell Automation, Inc. will post 13.21 EPS for the current year.

Rockwell Automation announced that its Board of Directors has initiated a share repurchase program on Tuesday, June 9th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the industrial products company to buy up to 2% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

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 $1.38 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. Rockwell Automation’s dividend payout ratio is presently 51.73%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on ROK shares. Rothschild & Co Redburn boosted their target price on shares of Rockwell Automation from $365.00 to $378.00 in a report on Wednesday, May 6th. Wells Fargo & Company increased their price target on shares of Rockwell Automation from $360.00 to $440.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Zacks Research downgraded shares of Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 30th. KeyCorp lifted their price objective on shares of Rockwell Automation from $470.00 to $510.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Finally, HSBC upped their target price on shares of Rockwell Automation from $445.00 to $490.00 in a report on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat.com, Rockwell Automation has a consensus rating of “Hold” and an average price target of $468.19.

About Rockwell Automation

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.