245 Shares in Rockwell Automation, Inc. $ROK Bought by Johnson Financial Group Inc.

Johnson Financial Group Inc. purchased a new stake in shares of Rockwell Automation, Inc. (NYSE:ROK) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 245 shares of the industrial products company’s stock, valued at approximately $81,000.

Several other institutional investors have also recently bought and sold shares of the business. Baltimore Washington Financial Advisors Inc. bought a new stake in shares of Rockwell Automation during the second quarter worth about $253,000. Vinva Investment Management Ltd acquired a new position in Rockwell Automation during the 2nd quarter valued at about $530,000. Garner Asset Management Corp bought a new stake in Rockwell Automation during the 2nd quarter worth approximately $362,000. Choreo LLC raised its stake in shares of Rockwell Automation by 11.9% in the second quarter. Choreo LLC now owns 4,546 shares of the industrial products company’s stock worth $1,510,000 after purchasing an additional 485 shares during the last quarter. Finally, Northwest & Ethical Investments L.P. bought a new position in shares of Rockwell Automation in the second quarter valued at approximately $5,477,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on ROK shares. JPMorgan Chase & Co. upped their price target on Rockwell Automation from $357.00 to $400.00 and gave the stock a “neutral” rating in a report on Tuesday, November 11th. Robert W. Baird upped their target price on shares of Rockwell Automation from $392.00 to $402.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Oppenheimer reissued an “outperform” rating and set a $391.00 price target on shares of Rockwell Automation in a research report on Friday, November 7th. Barclays boosted their price target on shares of Rockwell Automation from $370.00 to $417.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. Finally, Wells Fargo & Company increased their price objective on shares of Rockwell Automation from $355.00 to $380.00 and gave the company an “equal weight” rating in a research note on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $371.44.

Insider Buying and Selling at Rockwell Automation

In other news, VP Isaac Woods sold 250 shares of the company’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $350.00, for a total transaction of $87,500.00. Following the transaction, the vice president owned 1,662 shares of the company’s stock, valued at $581,700. This represents a 13.08% decrease in their position. The sale was disclosed in a 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 Rockwell Automation 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 completion of the sale, the senior vice president directly owned 983 shares of the company’s stock, valued at approximately $358,795. This trade represents 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 87,275 shares of company stock worth $33,125,505 over the last ninety days. 0.68% of the stock is currently owned by company insiders.

Rockwell Automation Stock Performance

NYSE ROK opened at $392.42 on Friday. The company has a market capitalization of $44.06 billion, a PE ratio of 46.06, a price-to-earnings-growth ratio of 3.30 and a beta of 1.45. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.72 and a current ratio of 1.06. Rockwell Automation, Inc. has a 52-week low of $215.00 and a 52-week high of $398.82. The company has a 50-day simple moving average of $361.57 and a 200 day simple moving average of $344.51.

Rockwell Automation (NYSE:ROK) last released its earnings results on Thursday, November 6th. The industrial products company reported $3.34 earnings per share for the quarter, beating analysts’ consensus estimates of $2.94 by $0.40. Rockwell Automation had a net margin of 12.03% and a return on equity of 30.14%. The firm had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $2.19 billion. During the same period in the prior year, the firm earned $2.47 EPS. The company’s 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, research analysts predict that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be given a $1.38 dividend. This is an increase from Rockwell Automation’s previous quarterly dividend of $1.31. This represents a $5.52 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Monday, November 17th. Rockwell Automation’s dividend payout ratio (DPR) is 72.06%.

About Rockwell Automation

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.