Capital Advisors Inc. OK Buys 2,074 Shares of Rockwell Automation, Inc. $ROK

Capital Advisors Inc. OK lifted its stake in Rockwell Automation, Inc. (NYSE:ROK) by 1.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 149,600 shares of the industrial products company’s stock after purchasing an additional 2,074 shares during the period. Rockwell Automation accounts for about 1.1% of Capital Advisors Inc. OK’s investment portfolio, making the stock its 26th biggest holding. Capital Advisors Inc. OK owned about 0.13% of Rockwell Automation worth $74,064,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. Flputnam Investment Management Co. purchased a new position in Rockwell Automation during the second quarter valued at $1,001,000. Mandatum Life Insurance Co Ltd boosted its holdings in shares of Rockwell Automation by 26.9% during the 1st quarter. Mandatum Life Insurance Co Ltd now owns 22,200 shares of the industrial products company’s stock valued at $7,967,000 after buying an additional 4,700 shares in the last quarter. Brighton Jones LLC bought a new stake in shares of Rockwell Automation during the 4th quarter valued at $281,000. Handelsbanken Fonder AB grew its position in shares of Rockwell Automation by 24.6% in the 4th quarter. Handelsbanken Fonder AB now owns 169,457 shares of the industrial products company’s stock worth $65,931,000 after buying an additional 33,413 shares during the period. Finally, Crossmark Global Holdings Inc. grew its position in shares of Rockwell Automation by 197.9% in the 4th quarter. Crossmark Global Holdings Inc. now owns 13,905 shares of the industrial products company’s stock worth $5,410,000 after buying an additional 9,238 shares during the period. Institutional investors own 75.75% of the company’s stock.

Rockwell Automation Stock Down 0.5%

Shares of Rockwell Automation stock opened at $430.73 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 1.08. The stock has a market capitalization of $47.83 billion, a PE ratio of 40.37, a price-to-earnings-growth ratio of 2.52 and a beta of 1.54. Rockwell Automation, Inc. has a 52-week low of $332.71 and a 52-week high of $497.36. The company has a 50-day simple moving average of $458.33 and a two-hundred day simple moving average of $427.31.

Rockwell Automation (NYSE:ROK) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.49 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.11. The company had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. Rockwell Automation had a net margin of 13.39% and a return on equity of 39.83%. The firm’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter last year, the firm earned $2.82 earnings per share. Rockwell Automation has set its FY 2026 guidance at 13.000-13.300 EPS. On average, analysts anticipate that Rockwell Automation, Inc. will post 13.21 EPS for the current fiscal year.

Rockwell Automation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 17th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. Rockwell Automation’s dividend payout ratio (DPR) is 51.73%.

Rockwell Automation declared that its Board of Directors has initiated a stock repurchase program on Tuesday, June 9th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the industrial products company to repurchase up to 2% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Analysts Set New Price Targets

A number of research analysts recently issued reports on ROK shares. Evercore set a $485.00 price target on shares of Rockwell Automation in a research report on Wednesday, August 5th. TD Cowen upped their price objective on shares of Rockwell Automation from $350.00 to $400.00 and gave the stock a “hold” rating in a report on Wednesday, May 13th. Wells Fargo & Company raised their target price on shares of Rockwell Automation from $360.00 to $440.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. DA Davidson lowered their target price on shares of Rockwell Automation from $500.00 to $490.00 and set a “neutral” rating for the company in a report on Friday, August 21st. Finally, Sanford C. Bernstein boosted their price target on Rockwell Automation from $501.00 to $514.00 and gave the stock a “market perform” rating in a research report on Friday, August 14th. Nine research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Rockwell Automation presently has an average rating of “Hold” and a consensus target price of $468.19.

Insider Buying and Selling

In other news, SVP Matthew W. Fordenwalt sold 377 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $460.51, for a total transaction of $173,612.27. Following the sale, the senior vice president owned 4,437 shares of the company’s stock, valued at $2,043,282.87. This trade represents a 7.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Patricia A. Watson sold 1,100 shares of Rockwell Automation stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $431.43, for a total transaction of $474,573.00. Following the completion of the sale, the director owned 6,385 shares of the company’s stock, valued at $2,754,680.55. This represents a 14.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 2,285 shares of company stock worth $1,003,904. 0.76% of the stock is owned by corporate insiders.

About Rockwell Automation

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.