Savant Capital LLC maintained its stake in shares of Rockwell Automation, Inc. (NYSE:ROK) during the second quarter, Holdings Channel reports. The institutional investor owned 2,777 shares of the industrial products company’s stock at the end of the second quarter. Savant Capital LLC’s holdings in Rockwell Automation were worth $450,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Keel Point LLC increased its stake in shares of Rockwell Automation by 0.3% in the first quarter. Keel Point LLC now owns 1,718 shares of the industrial products company’s stock valued at $268,000 after buying an additional 5 shares in the last quarter. CWM LLC increased its stake in shares of Rockwell Automation by 0.3% in the second quarter. CWM LLC now owns 2,125 shares of the industrial products company’s stock valued at $344,000 after buying an additional 6 shares in the last quarter. Sfmg LLC increased its stake in shares of Rockwell Automation by 0.4% in the first quarter. Sfmg LLC now owns 1,788 shares of the industrial products company’s stock valued at $278,000 after buying an additional 7 shares in the last quarter. WealthTrust Fairport LLC increased its stake in shares of Rockwell Automation by 0.5% in the first quarter. WealthTrust Fairport LLC now owns 1,669 shares of the industrial products company’s stock valued at $260,000 after buying an additional 8 shares in the last quarter. Finally, Advisor Partners LLC increased its stake in shares of Rockwell Automation by 0.3% in the second quarter. Advisor Partners LLC now owns 2,567 shares of the industrial products company’s stock valued at $416,000 after buying an additional 8 shares in the last quarter. Institutional investors own 73.38% of the company’s stock.

Shares of Rockwell Automation, Inc. (NYSE:ROK) opened at 163.96 on Tuesday. The company has a market capitalization of $21.05 billion, a PE ratio of 26.44 and a beta of 1.17. The firm’s 50-day moving average price is $164.08 and its 200 day moving average price is $157.53. Rockwell Automation, Inc. has a one year low of $111.52 and a one year high of $167.97.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Wednesday, July 26th. The industrial products company reported $1.76 EPS for the quarter, beating the Zacks’ consensus estimate of $1.64 by $0.12. Rockwell Automation had a return on equity of 40.71% and a net margin of 13.04%. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period last year, the firm posted $1.55 earnings per share. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. Analysts anticipate that Rockwell Automation, Inc. will post $6.75 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 11th. Stockholders of record on Monday, August 14th will be paid a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date of this dividend is Thursday, August 10th. Rockwell Automation’s payout ratio is 49.03%.

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Several brokerages recently issued reports on ROK. BidaskClub upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating in a research report on Tuesday, June 20th. Morgan Stanley upped their price target on shares of Rockwell Automation from $153.00 to $167.00 and gave the stock an “equal weight” rating in a research report on Friday, April 28th. Zacks Investment Research upgraded shares of Rockwell Automation from a “hold” rating to a “buy” rating and set a $184.00 price target on the stock in a research report on Tuesday, July 11th. Wolfe Research began coverage on shares of Rockwell Automation in a research report on Tuesday, July 11th. They set a “peer perform” rating on the stock. Finally, Barclays PLC upped their price target on shares of Rockwell Automation from $166.00 to $167.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 19th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $152.33.

In other news, SVP Frank C. Kulaszewicz sold 8,000 shares of Rockwell Automation stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $165.74, for a total transaction of $1,325,920.00. Following the sale, the senior vice president now directly owns 33,195 shares of the company’s stock, valued at $5,501,739.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Blake D. Moret sold 3,100 shares of Rockwell Automation stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $164.88, for a total value of $511,128.00. The disclosure for this sale can be found here. Insiders have sold 111,825 shares of company stock worth $18,142,463 over the last three months. Insiders own 1.65% of the company’s stock.

Rockwell Automation Company Profile

Rockwell Automation, Inc (Rockwell Automation) is a provider of industrial automation power, control and information solutions for manufacturers. The Company operates through two segments: Architecture & Software and Control Products & Solutions. The Architecture & Software segment contains various hardware, software and communication components of the Company’s integrated control and information architecture capable of controlling the customer’s industrial processes and connecting with their manufacturing enterprise.

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Institutional Ownership by Quarter for Rockwell Automation (NYSE:ROK)

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