SilverOak Wealth Management LLC Has $2.48 Million Holdings in Rockwell Automation, Inc. $ROK

SilverOak Wealth Management LLC trimmed its holdings in shares of Rockwell Automation, Inc. (NYSE:ROK) by 15.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,094 shares of the industrial products company’s stock after selling 1,300 shares during the period. Rockwell Automation accounts for approximately 0.4% of SilverOak Wealth Management LLC’s holdings, making the stock its 27th largest holding. SilverOak Wealth Management LLC’s holdings in Rockwell Automation were worth $2,480,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in shares of Rockwell Automation by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 14,058,406 shares of the industrial products company’s stock valued at $4,669,781,000 after purchasing an additional 207,448 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Rockwell Automation by 1.7% in the second quarter. Geode Capital Management LLC now owns 2,874,428 shares of the industrial products company’s stock valued at $950,744,000 after buying an additional 48,105 shares during the period. Norges Bank bought a new position in Rockwell Automation in the second quarter valued at approximately $368,575,000. Sumitomo Mitsui Trust Group Inc. grew its holdings in Rockwell Automation by 1.2% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,006,575 shares of the industrial products company’s stock worth $334,354,000 after acquiring an additional 12,262 shares during the period. Finally, Holocene Advisors LP raised its position in shares of Rockwell Automation by 128.9% during the 2nd quarter. Holocene Advisors LP now owns 866,992 shares of the industrial products company’s stock valued at $287,989,000 after acquiring an additional 488,262 shares during the last quarter. Institutional investors own 75.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Citigroup raised their price target on Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. Barclays boosted their target price on Rockwell Automation from $435.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday. JPMorgan Chase & Co. increased their price target on shares of Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. Evercore ISI assumed coverage on shares of Rockwell Automation in a research note on Monday, December 15th. They set an “in-line” rating and a $440.00 price objective on the stock. Finally, Bank of America upped their target price on shares of Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Rockwell Automation has an average rating of “Moderate Buy” and a consensus price target of $406.13.

Insider Activity at Rockwell Automation

In other Rockwell Automation news, VP Scott Genereux sold 1,387 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.03, for a total value of $557,615.61. Following the completion of the transaction, the vice president directly owned 4,514 shares in the company, valued at $1,814,763.42. This trade represents a 23.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Tessa M. Myers sold 1,020 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.07, for a total value of $410,111.40. Following the sale, the senior vice president owned 6,021 shares in the company, valued at approximately $2,420,863.47. This represents a 14.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 88,053 shares of company stock worth $34,718,919. Corporate insiders own 0.76% of the company’s stock.

Rockwell Automation Stock Performance

ROK opened at $410.56 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.14 and a quick ratio of 0.77. The company has a market capitalization of $46.09 billion, a price-to-earnings ratio of 53.60, a P/E/G ratio of 2.71 and a beta of 1.52. The business’s 50-day moving average price is $391.60 and its two-hundred day moving average price is $361.84. Rockwell Automation, Inc. has a 1 year low of $215.00 and a 1 year high of $415.89.

Rockwell Automation (NYSE:ROK) last announced 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 business had revenue of $4.63 billion for the quarter, compared to analyst estimates of $2.19 billion. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.Rockwell Automation’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Equities analysts expect that Rockwell Automation, Inc. will post 9.35 EPS for the current fiscal year.

Rockwell Automation Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th were given a dividend of $1.38 per share. This is a boost from Rockwell Automation’s previous quarterly dividend of $1.31. The ex-dividend date of this dividend was Monday, November 17th. This represents a $5.52 annualized dividend and a yield of 1.3%. Rockwell Automation’s payout ratio is presently 72.06%.

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.