Meeder Asset Management Inc. Has $3.54 Million Stock Holdings in Rockwell Automation, Inc. $ROK

Meeder Asset Management Inc. raised its stake in Rockwell Automation, Inc. (NYSE:ROK) by 67,486.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,138 shares of the industrial products company’s stock after buying an additional 10,123 shares during the period. Meeder Asset Management Inc.’s holdings in Rockwell Automation were worth $3,544,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Fragasso Financial Advisors Inc increased its holdings in Rockwell Automation by 3.6% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 902 shares of the industrial products company’s stock worth $315,000 after purchasing an additional 31 shares in the last quarter. Dynamic Advisor Solutions LLC grew its holdings in Rockwell Automation by 3.3% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 1,015 shares of the industrial products company’s stock worth $355,000 after acquiring an additional 32 shares during the last quarter. Advisors Capital Management LLC increased its position in Rockwell Automation by 1.7% in the 2nd quarter. Advisors Capital Management LLC now owns 2,066 shares of the industrial products company’s stock valued at $686,000 after acquiring an additional 34 shares during the period. Aviso Financial Inc. raised its stake in shares of Rockwell Automation by 4.4% during the second quarter. Aviso Financial Inc. now owns 859 shares of the industrial products company’s stock valued at $285,000 after acquiring an additional 36 shares during the last quarter. Finally, IFP Advisors Inc lifted its holdings in shares of Rockwell Automation by 2.7% during the second quarter. IFP Advisors Inc now owns 1,427 shares of the industrial products company’s stock worth $476,000 after purchasing an additional 37 shares during the period. 75.75% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, SVP Matheus De A. G. Viera Bulho sold 476 shares of the business’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $402.02, for a total value of $191,361.52. Following the completion of the sale, the senior vice president directly owned 2,401 shares of the company’s stock, valued at $965,250.02. The trade was a 16.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Matthew W. Fordenwalt sold 146 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $402.48, for a total value of $58,762.08. Following the completion of the transaction, the senior vice president owned 4,437 shares in the company, valued at approximately $1,785,803.76. The trade was a 3.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 88,053 shares of company stock worth $34,718,919 over the last 90 days. 0.76% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

ROK has been the subject of a number of recent research reports. The Goldman Sachs Group upgraded Rockwell Automation from a “sell” rating to a “neutral” rating and increased their price objective for the company from $329.00 to $448.00 in a report on Tuesday, December 16th. JPMorgan Chase & Co. increased their price target on Rockwell Automation from $357.00 to $400.00 and gave the company a “neutral” rating in a research note on Tuesday, November 11th. Morgan Stanley raised their price objective on Rockwell Automation from $385.00 to $435.00 and gave the stock an “overweight” rating in a research report on Monday, November 10th. Zacks Research upgraded Rockwell Automation from a “hold” rating to a “strong-buy” rating in a report on Friday, December 12th. Finally, Oppenheimer restated an “outperform” rating and set a $391.00 price target on shares of Rockwell Automation in a report on Friday, November 7th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $406.13.

Rockwell Automation Trading Up 1.7%

Shares of ROK stock opened at $410.56 on Monday. The company has a market cap of $46.09 billion, a P/E ratio of 53.60, a PEG ratio of 2.75 and a beta of 1.52. The stock has a 50 day simple moving average of $391.60 and a two-hundred day simple moving average of $362.37. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.77 and a current ratio of 1.14. Rockwell Automation, Inc. has a fifty-two week low of $215.00 and a fifty-two week high of $415.89.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings data on Thursday, November 6th. The industrial products company reported $3.34 EPS for the quarter, topping the consensus estimate of $2.94 by $0.40. The company had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $2.19 billion. Rockwell Automation had a net margin of 10.42% and a return on equity of 32.69%. The company’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.47 EPS. Rockwell Automation has set its FY 2026 guidance at 11.200-12.200 EPS. Research analysts forecast that Rockwell Automation, Inc. will post 9.35 earnings per share for the current year.

Rockwell Automation Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.3%. Rockwell Automation’s payout ratio is currently 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.