Talbot Financial LLC Has $11.28 Million Holdings in Rockwell Automation, Inc. $ROK

Talbot Financial LLC boosted its stake in Rockwell Automation, Inc. (NYSE:ROK) by 7.9% in the third quarter, HoldingsChannel reports. The firm owned 32,270 shares of the industrial products company’s stock after acquiring an additional 2,362 shares during the period. Talbot Financial LLC’s holdings in Rockwell Automation were worth $11,279,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Rockwell Automation by 468.8% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 75 shares during the last quarter. Rexford Capital Inc. acquired a new position in Rockwell Automation during the second quarter valued at approximately $33,000. Legend Financial Advisors Inc. bought a new stake in Rockwell Automation in the second quarter valued at approximately $39,000. SBI Securities Co. Ltd. raised its holdings in Rockwell Automation by 48.7% in the second quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 38 shares during the period. Finally, Financial Gravity Companies Inc. bought a new position in shares of Rockwell Automation during the second quarter worth $40,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on ROK. Bank of America upped their price objective on shares of Rockwell Automation from $410.00 to $430.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Citigroup increased their price target on Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a report on Monday, December 8th. Oppenheimer reiterated an “outperform” rating and set a $391.00 price objective on shares of Rockwell Automation in a report on Friday, November 7th. TD Cowen boosted their price objective on Rockwell Automation from $275.00 to $330.00 and gave the company a “hold” rating in a research report on Tuesday, December 2nd. Finally, Jefferies Financial Group raised their target price on shares of Rockwell Automation from $450.00 to $470.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Rockwell Automation currently has an average rating of “Moderate Buy” and an average target price of $403.31.

Insider Transactions at Rockwell Automation

In other Rockwell Automation news, VP Terry L. Riesterer sold 225 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $402.13, for a total transaction of $90,479.25. Following the sale, the vice president directly owned 2,034 shares of the company’s stock, valued at $817,932.42. The trade was a 9.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Cyril Perducat sold 804 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $402.05, for a total value of $323,248.20. Following the completion of the transaction, the senior vice president owned 5,858 shares of the company’s stock, valued at $2,355,208.90. The trade was a 12.07% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 87,253 shares of company stock worth $34,405,319. 0.68% of the stock is owned by insiders.

Rockwell Automation Stock Up 0.5%

ROK stock opened at $391.59 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 stock has a market capitalization of $43.97 billion, a P/E ratio of 51.12, a P/E/G ratio of 2.61 and a beta of 1.50. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $415.89. The business has a 50-day moving average of $376.88 and a 200-day moving average of $353.16.

Rockwell Automation (NYSE:ROK) last released its earnings results on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, beating the consensus estimate of $2.94 by $0.40. Rockwell Automation had a return on equity of 32.69% and a net margin of 10.42%.The firm had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $2.19 billion. During the same quarter in the previous year, the business posted $2.47 EPS. The business’s quarterly 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, sell-side analysts anticipate that Rockwell Automation, Inc. will post 9.35 earnings per share for the current fiscal year.

Rockwell Automation Increases Dividend

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

Rockwell Automation 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.